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

To: FJV who wrote (19170)	8/6/1998 5:55:00 PM
From: IQBAL LATIF	Respond to of 50167

No time for this exotic 'black magic', half of this exotic terminology does not work, but levels like 1070 1012 1118 1865 are just their right in front of you-- take a chart and a ruler join the top and bottom two parallel lines and chart will prop up more info one can handle. For someone like me who gives within a pertinent moves more levels and reliable ones too- dismissal of TA is well known aspect but astonishing too. Markets and currency trading is the easiet gamble- in a toss of coin you have 50 50 chance in markets long or short is 50 /50 but if you know your fundamental right more often than not you will find your selve on the right side of trade. It is a war of winning odds in our favor-- we have macro-economic data- we have Fed and we have Bonds this coupled with global markets gives you 51/49 edge-- in markets we work with loaded dices and this should help us to do what is required a little trade which can help. I was referring to SPU-- the future index- I think just keep off this 'media' noise --All this exotic stuff will give you a buy signal when it is about to reverse and sell signal when it is a time to buy. Look at broad picture integrate the big picture in it-- find why the market is here at the first place these shorts keep talking about high P/E and dividend yield- I have in my previos post dealt with that issue- imagine if markets were to be driven by these multiples barton Biggs would be a hero- the market is not here because some smart ass can read numbers better than others- it is here because the big guns like Abby and others follow "Warren Buffet type of strategy".