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

To: IQBAL LATIF who wrote (19228)	8/10/1998 1:31:00 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

I get info that most of the 'big' movers and shakers are absent from the pits today-- may be they are enjoying their Friday profits.

To: IQBAL LATIF who wrote (19228)	8/10/1998 4:20:00 PM
From: IQBAL LATIF	Respond to of 50167

Pits info- We predicted that market will stop out the shorts on the opening- that what they did and will visit lower at 1080 it never came their, but the pattern was quite close.However, this is the closest one can get on the most manipulative market in the world-- look at the chart and look back at our morning post. Now this is not every day sometime one bad news or extremely positive news catch even these guys on the wrong foot but note the information generally available and here are wasting our prercious time on sophisticated instruments, it is manipulation and fundamentals or long-term 'wealth generation' type investment which any prospective investor should follow. Core should be in Warren Buffet type stock and one should trade around it based on global fundamentals and contararian style to CNBC- don't ever follow what every one else follows this is rule one of these markets. quote.yahoo.com^SPX&d=1d I also had come up with real tight moves for OEX and RUT within few bais points OEX and RUT closed below our levels, it is now diecided that tomorrow they will like to run this SPU to 1080, lets watch and see how things evolve.