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To: IQBAL LATIF who wrote (15535)12/12/1997 1:54:00 AM
From: Trey McAtee  Respond to of 50167
 
iq--

asia is still selling off, but they are doing so in response to US markets close on thursday. as i write, S&P futures on globex are UP. looks like we will have a positive open tomorrow.

however...

SOX should still be under pressure. it is one of the few areas that we know will get hit by SEA crises. however, i expect some to be higher since they will benefit from the problems, like MU and TXN.

i dont expect the koreans to reject the IMF prop. they need the money and the reform. the 77bln refinancing of japanese banks will be a good start, but it is just that. all asia needs some critical restructering.

the funny thing is, you hear a lot from asian business people talking about how they learned from the lessons of the west. how ironic that they are now going through the same problems we had, and some which we knew to be avoidable. on thing is certain. after this crises passes we are going to have a truly global economy.

good luck to all,
trey



To: IQBAL LATIF who wrote (15535)12/12/1997 5:43:00 AM
From: George Mc Geary  Respond to of 50167
 
IQ, Yesterday you stated that you might need to establish a level lower than SPZ 950 should Japan drop below the magical 16,000 mark. Japan closed at 15904. Hong Kong closed 10614 up 1.87%, Malasia was down 2.4% and South Korea closed down 7.07% at 350.68. Are we to take the 948 with test of 945 as the new numbers? SPX currently is up 6.00 at 971.30 so maybe the point is moot. Have a great weekend and enjoy the Himalians. George



To: IQBAL LATIF who wrote (15535)12/12/1997 2:47:00 PM
From: Tom Trader  Respond to of 50167
 
>>Bonds back to 119,05

Hi Iqbal--I know that you indicated that you had shorted the bonds very aggressively.

Have you covered your position or are you still short?? The long bond contracts have all made new contract highs today--does this change your view as far as the outlook for the bonds? How low do you see the yields reaching before they reverse?

I went long the bonds yesterday morning after being short for about 2 days.

Hope that you are having a good vacation



To: IQBAL LATIF who wrote (15535)12/13/1997 12:18:00 PM
From: Instock  Respond to of 50167
 
IQBAL: I would like to take just a minute of your time and invite
Yourself and Anyone else, to come visit our ( 56'ers ) ALL NEW
Thread:
exchange2000.com

Briefly, we have expand our team to Eleven. Now we have people
looking at stocks from many different perspectives!
Every week, we will take a LONG List of Potentially Strong Stocks and
run them though an eleven member team. Each member looking at the
stocks from a different perspective.
Every Sunday Afternoon we will post a very nice, well researched
Stock Write up. ( of coarse everyone should do their own Stock
research as well )

We have a few new surprises! One being, we can now Watch the Market
Makers in Action. Jeff will be posting each day about what the Market
Makers are doing with our Stocks. This will help people get a feel
for when they should be in, or out of a stock. ( if you are a long
term investor, this will not matter so much )
We have a few other surprises coming apparent in the next 24, 48, 72
hours!

I know you are very much dedicated to finding good strong stocks to
invest the hard earning $$$ in, and I hope you ( and anyone else )
will do us the honor of coming by and sharing your wisdom.

Hope to see you Sunday Afternoon, and/or before and after as well!!

As we are both VERY busy people and only run into each other on
occasion, I want to take this moment to Wish you and your family a
very happy Holiday Season and a Happy and Prosperous New Year!

Instock



To: IQBAL LATIF who wrote (15535)12/14/1997 3:52:00 PM
From: Logain Ablar  Respond to of 50167
 
Ike:

Hope you've had a nice weekend. Hope you've started you hill training. From a market perspective BW had a good article on the displacement of asian workers. Definately not good for the workers nor the countries economies.

Here in the states (or at least CT) the holiday shopping season is in full bloom. The malls are packed but I am seeing some sale discounting (but can't remember how much of this occured in past years this early).
Hopefully retail will perk up the market? Unfortunately (IMO) retail can't lead the market out of a downturn.

With rates down we should be seeing refinancing picking up after the 1st of the year and maybe that will help for the next leg up. In the meantime Asia is starting to impact manufacturing more than people thought. Not sure to what extent but Judy read on the markets have been very accurate lately (not sure b/4 Oct).

Hope you had fun and its good to see you taking some breaks.

Best regards.

Tim



To: IQBAL LATIF who wrote (15535)12/14/1997 6:06:00 PM
From: Riskmgmt  Respond to of 50167
 
Hi Iqbal,
As usual, I have been enjoying your posts. Have not quite got comfortable with the indexes but am working on it. I trust that you are enjoying your homeland and the mountains. I haven't posted much of late as much of what I would say is well said by others. However, as posts are thinning and Bears out numbering I thought it was time to post my views.

Message 2963049

regards,

Ray



To: IQBAL LATIF who wrote (15535)12/16/1997 11:39:00 PM
From: Mark  Respond to of 50167
 
Dear Iqbal,
I hope you are enjoying those majestic hights and all is well with you. Please, if you can, let us hear from you.
best regards, ST