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To: IQBAL LATIF who wrote (12598)	10/23/1997 10:30:00 AM
From: Dom B.	Respond to of 50167

Hope you're right. Are you buying anything?

To: IQBAL LATIF who wrote (12598)	10/23/1997 10:50:00 AM
From: Cynic 2005	Read Replies (1) \| Respond to of 50167

Ike, ASEANs as a matter of %age are far below creating economic impact on USA markets- Conveniently so, quite a lot of "bullish" scenarios are made based on the head-count in china, India and Indonasia. Each person in China buying 2 cases of Coke per day, 2 computers etc. etc. What do you say to that? -Mohan

To: IQBAL LATIF who wrote (12598)	10/23/1997 10:50:00 AM
From: Nemer	Respond to of 50167

Greetings Cousin Ike: Here are some lower support figures for the OEX-- 896...903...912...to go with the previous 917...919...923 which are all below the previous close of 928.23 Appears calm has settled into the opening frantic moves. I concur with your assesment. Regards---Nemer

To: IQBAL LATIF who wrote (12598)	10/23/1997 11:25:00 AM
From: Mark	Read Replies (3) \| Respond to of 50167

Iqbal, who dealt this mess? Market is still jittery - nightmares about oct87 prophecy still lingering in some people's heads? Goldman of AG Edwards is bullish bullish bullish - says rates will be 6% easily but there will be a little choppy water getting there. He sees sustained bull market and phooey on the naysayers. W.St. Week guest who predicted 87 fiasco said no way sustained crash will happen in this market but nobody rules out a "correction" through which they simply advise to "hold tight". For call buyers, does this mean go longER term - Jan/feb or leaps - and, save a bit of cash for margin calls and for bottom feeding in the event of a correction? Here's what I find comforting about our midterm direction - check out these latest (11:00 EST) 30 yr bonds: 97Dec 98Mar 98Jun 98Sep Open1 11511 11515 11416 11521 High 11700 11700 11600 11521 Low 11505 11515 11416 11512 Last3 11603 11528 11516a 11516a Last2 11602 11527 11515a 11514a Last1 11603 11526 11515 11512a N Chg 27+ 28+ 28+ 103+ AND: CRB Futures 11:17AM 244.36 -1.06 -0.43% The only thing that bothers me now is that IBM, etc. will suffer again over the asian scare (e.g. IBM does business in Asia so it's future is doom & gloom). This may unfairly drive down some of the multinationals leaving yet another perfect opportunity for some to give away call premiums!! Good luck, mark