Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Tom Trader who wrote (8417)	10/29/1997 12:51:00 PM
From: IQBAL LATIF	Respond to of 94695

TT- I think you have a point- in my opinion a disaster and a big fall yesterday in ASEA would be very negative- I see no fundamental reasons for this market to be selling off- for me the fundamentals remain positive macro and micro- I and Mohan disagree on quality and interpretation of fundamentals- the Kahuna thread believes that markets are welll over priced I think businesses have to valued based on capitalisation of yield- on that count I suppose Tuesday morning action was according to our pundits on this thread begining of the end - it is this point which markets maturely rooved yesterday it is not beginning of the end it is beginning of market makers to realise that this is one hel of a rsiliant market and can stand these test of times. I also believe that ASEA has a lot of potential and ASREAN markets wil not have a big impact on US corporate profitiblity- your post today clearly indicates on a more subtle level that ASEANs will not cut very much on aggregate demand- it is not beginning of 'ice age' as some expert predicted, the party has shown great maturity breaking at a right time and leaving the guests to go back home in a sober mood. TT- I don't ever think that any of your posts makes me defensive- you raise good issues and in absence of people like you we all will be much poorer intellectually and otherwise. Keep it up . Best Regards Ike