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


To: IQBAL LATIF who wrote (19700)8/31/1998 5:24:00 PM
From: Narotham Reddy  Read Replies (2) | Respond to of 50167
 
Iqbal ji, what's the prediction for AM

Literally every stock got mauled beyond any redemption, and
there appears to be no end to this carnage.

Your input is highly appreciated.

Narotham



To: IQBAL LATIF who wrote (19700)8/31/1998 6:13:00 PM
From: James Strauss  Read Replies (1) | Respond to of 50167
 
Ike:

I'm not a perennial Bear like Fleckenstein or Murphy... I much prefer the long side of the market... But, the past month showed such a confluence of technical and fundamental factors that were hard for me to ignore...

This afternoon I moved some Mutual Fund Cash into an SP-500 Index fund for a quick one day trade... I think we will get a bounce on Tuesday before the downtrend resumes...

Kudos should go to you for being the Devil's Advocate in the face of market deterioration... You do something that is rare on most threads... You challenge people to think...

Keep up the good work...

Jim