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

To: IQBAL LATIF who wrote (19640)	8/30/1998 1:35:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 50167

IKE I appreciate your imput & your evaluation based on the ongoing sage of "what the heck is going on here"????<ggg>... Hey all we CAN do is talk this out, giving our respective thoughts & ideas based on what WE SEE..... You know market forces have assuridly set the tone for AG..hey we HAVE cut interest rates... I'm just very cautious here IKE, however because of the EXTREME oversold situation, the bearishness that has become rampant, the put/call ratio's/ the VIX indicator, that Bernie Schaffer likes to use, i too feel a rally is in the offing.. The REAL question IKE is???? do we sell into it??? do we think it's the NEW trend??? or do we try to ferret out the underlying cause and effect of what is going on in World Economies... You know IKE, opting on the side of caution for threaders make a world of common sense to me...why risk it??? let's you & I and all of us, watch this unfold...I don't think it will take too long IMO... Corp earnings and warnings will be what we need to focus on in the next 3-4 weeks...this should be a good barometer for us all... Thanks for your reply, as always much appreciated, Regards, Jerry