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

To: Logain Ablar who wrote (15358)	12/9/1997 1:34:00 AM
From: IQBAL LATIF	Read Replies (6) \| Respond to of 50167

Tim- markets will trade btw 910 and 1050 during first quarter of 97- the break of 1000 will be real test of wills but as S&P appears in 4 figures we may see short squeeze- I will not call it a manic height since this break is being achieved with distributive allocation of valuation- last highs were seen with Techs at 405 - now we have seen the Techs corrected to new lows DD's wiped out Networkers out of favor and we are just breaking and testing new high- imagine if INTC and TXN and DD's with Networkers takeoff from here? Markets levels of 986 is insignificant it is 'dearth of quality assets' which has been so far a soild force behind this long rally of DOW since 1982 - DOW at 10000 is matter of time and corporate earnings- on both account I see subdued inflation as 'import price stability' put some brakes on economy moving along and strong economy produces strong numberrs and mark my words- when expectations are at rock bottom and economy is strong INTC TXN MSFT IBM surprise can be very explosive- I bet with convincing authority on the long side of the market- the shorts have a fundamental problem with the world wrong they have been on ASEA wrong they will be on DOW. I have no words to spare. Let the markets tell u8s where they are heading, if shorts will have ascendancy we will be with them- perhaps at the moment we are moving along nicely- we are not at 6200 we are at 8120- near new highs with 2,5 trillion cap trailing- WDC at 19 and RDRT at 19 QNTM at 27 and COMs at 37- soon these stocks will fly someone somewhere will realise the potential of INTC TXN and in comes the 'bhumbo'- if it dosen't come I will make sure that on break of 280 on SOX I go short the market. It hurts to see that longs can enjoy both rides but that is what market is all about ' not intellectualising' but bottom lines this is the core of this thread. Prudence, a big YES-