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

To: Lee who wrote (16685)	1/28/1998 8:48:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Lee I just got a call from karim- Durable god order biggest drop since 91- I would like to long the bond here- look at WFC nicely sitting at 295 may be getting ready to take off- may be today is a day of active votality as fears of slow down creep their ugly heads once again however I would assume that may not be - I will be watching the proceedings with great care although SPA is up 4.5 I will assume that we may not be the case as this rally is not associated with flight hence market may react differently on weaker numbers. Still I may see 272 test before 280 resistance is taken out - I think we may go up to 123 on bonds as Bund and Matif ralies now in sympathy with non inflationary growth. The lone stray dog on the street has started barking again as I go back to my many ringing phones- bibi till tomorrow morning.