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.

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

To: Dom B. who wrote (13472)	11/3/1997 10:21:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Media knows little about everything and nothing about markets- they talk walk and write nonsense- I have very little regard of oil imbalance stories- go back on this thread I have maintained a sensible line through out this crisis not because I know more only because I am not biased and don't wont to create panic- imagine yesaterday story of BW on one hand they were warning of 'global deflation' grieders nonsense and other they were running a story in NYT on new cars creating problems in Poland -need of 8 billlion $ highway programmes in I taly another story called for record selling of new car- they failed to mention that Europe in grip of Austerity measures as a resulyt of Maastricht convergence requirement is now comong out of recession- Oil and Saddam are fringe stories and typical non-sense- I will certainly write to you more in detail- imagine deflationary talks and over production when NAPM is 56 and csapacity utilisation is 84- they are bunch of more mediocrates and thats the way they will be- markets remain to 'complexed' to be grasped .