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To: IQBAL LATIF who wrote (18584)	6/11/1998 1:15:00 AM
From: Kona	Read Replies (1) \| Respond to of 50167

Ike- I visit this thread on a daily basis and like others who have responded to-day would like to let you know how much your insight and generosity are valued. I'd like to add to your list of exotic SI citizens, I hail from Mauritius and lurk on the US west coast. I actually have a question, how pivotal is it for Intel to hold at 68? I note the thrashing that Lattice and Western Digital took to-day and wonder what the likely effect would be if Intel warned in the days leading to expiration.

To: IQBAL LATIF who wrote (18584)	6/11/1998 8:03:00 AM
From: a. paisley	Respond to of 50167

do use rsi on any of your work as mo indicator s for short term trades or is it the big picture trades still long xmi puts and lucent puts what your take on xau made some money yesterday on bkx

To: IQBAL LATIF who wrote (18584)	6/12/1998 5:51:00 AM
From: George Mc Geary	Respond to of 50167

IQ, I am here early in the AM (my time) looking for your posts and guidance. Sox closed today below your target and yesterday at close I would have guessed that the market surely would have been down at open, due to the continued weakness into the close. I now view the SPU up 4.00 (down from 6.70) and feel we will be headed up at least at open. TYU is higher than it has been at anytime I can remember and would guess it is overbot at this time. The market seems to have diverged from the bonds so am wondering if a drop in the bonds will have any effect on the market at any level below 5.8% Have been watching Taiwan and wondering if we are not now on support levels (7100) with a good possibility of a rebound from here and how one would best play the index ant on what time horizon ? I was looking at the TYW and the TWX. Hope all is well with you and the family. George

To: IQBAL LATIF who wrote (18584)	6/12/1998 12:47:00 PM
From: JEFF CHAPMAN	Read Replies (1) \| Respond to of 50167

IQBAL, looks like your advice given to me a while ago on Pakistan was right, luckily I didn't 'double down' :) News from Ralph A @ PruSec (REUTERS) Pru's Acampora sees Dow holding 8700 support Pru's Acampora sees Dow holding 8700 support NEW YORK, June 12 (Reuters) - Prudential Securities chief technical strategist Ralph Acampora expects the Dow industrials to hold at the 8700-point mark and reiterated his view that the blue-chip gauge will break 10,000 by year-end. The technician, and one of Wall Street's most bullish forecasters said, "8700 is my number, and I think it might hold." He said support in the Standard and Poor's 500 index was pegged at 1070 points. In midday trading on Friday, the Dow Jones Industrial Average was off 77 points at 8733 after hitting a session low at 8724. The S&P 500 index was off eight points at 1086. MORE * end of story * BTW, I got this story from mytrack.com's software which is free and can be downloaded here: mytrack.com If you do sign up for this (you get Comtex newswires around the clock on markets around the world plus Marketguide reports for free, with news/quotes/ticker in 'pushed' streaming format), please put 'Muthavugah' in the referred by field...

To: IQBAL LATIF who wrote (18584)	6/12/1998 12:53:00 PM
From: Lee	Read Replies (2) \| Respond to of 50167

Good Afternoon Ike,..Re:<< Market opens everyday if you lose your capital you lose every thing. Never be over confident, and ready to ditch your positions once key supports are taken out>> Ike, it looks like key rate supports are taken out and we are now at all time lows, currently 5.639%. It seems incredible that rates can sink to these levels in the face of a very strong domestic economy and would not be at these levels except for 'flight to quality' buying. On the 10th, USU opened up 16 or 17 from overnight buying and AGs testimony added another 15 ticks. I am surprised he is being so cautious in the face of existing conditions. Sept. Bond opened this morning at unchanged and rates went lower at open but the PPI caused a reverse at 8:30. Now, the reverse is gone and we are proceeding to lower lows. chart1.bigcharts.com:80/report?r=chart&onbad=badsymbol&country=us&time=7&freq=1&compidx=aaaaa%3A0&ma=4&maval=9&uf=7168&lf=1&type=2&style=3&size=2&symb=TYX&comp=&sid=11421&sec=x&xyz=11608984&s=7752 Since the Fed can't lower rates in the face of this economic strength and since the Japanese can't do anything about the yen, it looks like we might see 5.5% on the long bond; even if the 2,5,and 10 yr notes are also just below this rate. Greenspan does not think that we have artificially high real rates and I suspect takes some comfort from the market keeping rates more toward 6% given the economy's strength. AGs reasoning is discussed in the attached article. economeister.com FED'S GREENSPAN DENIES REAL FEDERAL FUNDS RATE TOO HIGH Thanks for your posts and especially the wider world views. Lee