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


To: IQBAL LATIF who wrote (15533)12/11/1997 11:11:00 PM
From: IQBAL LATIF  Read Replies (7) | Respond to of 50167
 
On Globex when I started posting the futures were down strongly as HSI comes in positive territory and 'rumours' of great breakdown in ASEA finally find no customers- If we get a good HSI close we may be in for some kind of positive action today- Bonds back to 119,05 and S&P 965 or 967 with SOX closing above 262 to avoid the technical break of double close below 262 and SPZ a doulbe close below 962- this is a kind of 910 break on 11th Nov- eventful day we went short but only to find a reversal from there - it looked as break has given TA guys all what they needed they got a reversal instead. Reports from Japan are suggestive of a consensus on 77 billion bail within LDP- this will now finally be brought as a package to the nation on Thursday next- Koreans will not be able to refuse the IMF package- 'Self respect' and ground realities are two different things.

I will be back on Monday- Good Bi and Good Luck to every one-



To: IQBAL LATIF who wrote (15533)12/12/1997 6:41:00 AM
From: Anne Stehley  Respond to of 50167
 
Iqbal:

I do too. Since I galloped into tech stocks last week, I seem to have lost my mode of transportation.

I bought with the knowledge more downside was a possibility. Upside potential is in the future (don't know which month).