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To: IQBAL LATIF who wrote (19248)8/11/1998 1:25:00 PM
From: WTMHouston  Respond to of 50167
 
Good info, as always, but please don't forget the hard returns in the text with fixed fonts....:)

Troy



To: IQBAL LATIF who wrote (19248)8/11/1998 2:13:00 PM
From: Stoctrash  Respond to of 50167
 
Q....you da man.
Me thinks/thinking the same thing...soon everyone will be looking at a 5.25% bond and say:

"hey maybe the world won't end...
and MAYBE 1100 on the SPX is fair value, so now the market is X% undervalued"

That X% is the big daddy question..



To: IQBAL LATIF who wrote (19248)8/11/1998 4:00:00 PM
From: steve susko  Respond to of 50167
 
This is great - we see the afternoon comeback all the way.

Market is technically at a critical juncture - it has retrace all the gain accumulate in the last run up in late June/early July after it broke out of a trendless move for 2 months.