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

To: IQBAL LATIF who wrote (19279)	8/13/1998 8:56:00 AM
From: thebeach	Read Replies (1) \| Respond to of 50167

Greetings Ike,COMS definitely is in major play. Thanks for the tip a while ago.The chart and options action tells much is still on upside.Should see 35 soon.

To: IQBAL LATIF who wrote (19279)	8/13/1998 9:14:00 AM
From: IQBAL LATIF	Respond to of 50167

Correction in my dictated post-- In my opinion Russia does have strategic implications for continental Europe.

To: IQBAL LATIF who wrote (19279)	8/13/1998 10:10:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Mr George Sorros- much as I respect you-- can I tell you something either short Russia or be a philanthropist writer- Your position as friend of Russia and positions of your fund as big short in global markets do not square well. To advice them to devalue rouble, - Business------------------------------- Russian officials struggle to stabilize economy, currency, markets Russia's stock market plunged again Thursday as the central bank rejected a call by financier George Soros to devalue the ruble and insisted its present policies would help avert a banking crisis. By CNBC's Rob Reynolds. msnbc.com ----it is strange that your fund has allegedly short positions big time in world global markets and you come up with a news that Russia will devalue- please play fear, your ploy it seemed did not work even the ''voodoo'' big time artists of SI were caught into it the market opened to shock of shorts higher- this is known as ''bull bhumbo without butter''. This is what I wrote and suspected news manipulation early in the morning- consider my original reaction was manipulation---post 19280 ''It looks as if this news will lead to a much softer opening on DOW than we anticipated, there are still a couple of hours to go before the market opens, but we have news that Russian Central Bank says the Rouble devaluation will not take place and as such this news will be just an effort planted to break hedged supports. So far the timing of the news has been strange but it has a certain element of seriousness---- My level of today are 1070 support and 1082 interim support I would like this to be probed further for any weaknesses, on OEX if we take out 536 we move higher so does SPX , also RUT needs that 416 to be taken out comprehensively SPX needs a close above 1092 and a break of 1102 to establish some credibility to upside move until these objectives are un met I will be wroking on down side opporunities. '' The market moves higher if we take out 1102-- shorts will now be looking for something new to save face-- go behind the news-- Yes Russia is a big problem but if the news are manipulated when DOW sits on 200 days- it is like NIMITZ selling to Gulf in Sept late. Manipulation and those fall for it get exposed with their models based on 'short' sighted approaches. Get smarter next time Mr- Sorros ask your guys put the sell orders in on SPU shorts. Russia did not melt.Someother side show please..