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

To: IQBAL LATIF who wrote (15292)12/4/1997 10:54:00 PM
From: IQBAL LATIF  Read Replies (3) | Respond to of 50167
 
My levels today-
Bonds expected to test 118,14- as a I am betting on a good number
SOX will bounce from here along with S&P if above comes true initial reaction with bonds falling in face of strong numbers will be bad but I will be looking to go long on test of 970 it may go as low as 967 but only if emloyment beats market and hourly rate is around 0.4- I think weaker number and lower hourly rate will force me to rethink my strategic short term bull stance I would rather in such a case expect a reversal even if initially the market rallies. I have a complicated set of triggers today and all depends on my limited understanding of a complex number.



To: IQBAL LATIF who wrote (15292)12/5/1997 3:24:00 PM
From: Tom Trader  Read Replies (1) | Respond to of 50167
 
>>I think if we get good numbers the fears of deflation will further dismissed and we move up to 980 very swiftly and close up there today <<

Iqbal--my congratulations to you on this call.

The market did exactly what you said that it would.


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