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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Bruce Tiemann who wrote (12995)	10/28/1997 1:02:00 PM
From: IQBAL LATIF	Respond to of 50167

Last week I wrote about win win on bonds- how about this crazy thought- now market will look for strong numbers this big drops have made room for economy to be little more stronger so if numbers will be even on the toppish range market will not intially fall but come back up quick..I hope my words were that of' investors'.

To: Bruce Tiemann who wrote (12995)	10/28/1997 1:43:00 PM
From: randy kay	Respond to of 50167

Bruce - I have a tip about market movement. I watch Nortel (NT). This is a great company (I'm not in at the moment, will wait a little yet). If you follow this stock closely I swear it will indicate very short term future movement of the DOW (not the tech sector even though it's a tech, odd) Anyway, have a look at NT's chart last week and you will see exactly what I mean, it fell BEFORE everyting else did even though earnings were quite good (earnings were up). During the summer I made money flipping puts/calls on NT because it followed the DOW so closely, you just had to know where the DOW was going which was easy because it was making wild swings each day in a tight range so trading NT was like trading the DOW. Anyway, It's an interesting indicator. I picked up CPQ calls today, just couldn't stay away, I like everything about this company. BTW, glad to hear you didn't dump everything, the time for that would have been DOW 8200 when CNN had big crazy 8200 3D graphics and everyone was acting stupid, that was a top (not saying it's 'the' top). Randy