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


To: robnhood who wrote (19539)8/26/1998 8:01:00 AM
From: IQBAL LATIF  Respond to of 50167
 
I assure you that you better cover, this is all related to news about Rubble being fixed at 13.5 to a $ and the markets think that this news is just a manipulation by the Russians to pay less $'s back, I still think that lot of rumors and lot of positions and lt of volatitlity only points to a direction flight to US assets, the world feel unsafe in emerging markets to place their funds and they are running towards 'safe haven' I don't know but by the look of things this is not a kind of news which will break the companies which have very little at stake, in my opinion over longer period as it is shown in HK we may see that punishment suffered by the vandals and short hedge funds may only lead to some future stability, I wish I could be as pessimist and as good a indicator as you are, I wish my ability to differentiate between the fact and myth would be slightly skewed so as to see the dark ominous clouds hanging over our future, the way you and Kays see it. It will never be only a wishful thinking to ignore inevitable without consequences is not my cup of tea...

Take care and thankyou very much for being a nice good fellow.. Enjoy until this market opens it is all over may be for bears..gggg