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

To: MonsieurGonzo who wrote (19510)	8/25/1998 8:21:00 AM
From: IQBAL LATIF	Respond to of 50167

Last summer we had this big fall in Matif from 101 to 98 and I had been accumulating positions that was nearly as high as ----puts long, at the moment we are just making slow and steady gains the time until 24th of Nov is on my side-- Let Social Democrats gain few points in polls and Yields tend to have a direct relationship to rising long money in countries where Labour Party, Socialists and SDP's gain momentum. The money will go into Siemens and not Bund any more.. just wait and see.. Schroeder gains will be translated to yield gains that has inverse relationship with the price, the price will drop. The problemm is the squeeze we have 300 billion of Aug expiries and actual outstanding amount is just 30 billion mark the problem is that although most of it is cash settlement the huge open positions are working on the market- this will soon be over and if we continue with our laddered appraoch we get what we want-- with all due apology to your German friends- The news is Idea is short on the mark Bund this is not going anwehre but down the timing you know 23 Nov..