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

To: Lee who wrote (16910)	2/6/1998 9:51:00 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Strong economy with low inflation the key to this move up here- weak economy will be the begining of the end. So I am happy with these numbers for corporate earnings to come in line and revisions which are needed to be made we need continuation of this thrend this is may be the new 'economy' miracle but I will be looking at any signs of weakness like cpautilsation or durable good orders or industrial out put we need to look at the numbers in toatality and in context of 'corporate earnings' if we are unable to get evidence of 8% increase in corporate profits market will be unable to sustain present heights- but we are slowly but surely moving towards our next target 8230 on DOW and 1020 on SP- once it is known that the break is for real we may see some sharp movements but votality is also harbinger of opportunity we neeed to take advantage of trading long on supports. So far so good it looks market is liking its new abode above 1000.