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

To: Narotham Reddy who wrote (19701)	8/31/1998 5:50:00 PM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

I would think if ASEA holds tonight we may see things a lot better, if ASEA gives up we will see tomorrow another choppy day, I would think you may see 7200 if HSI and Nikkei does not hold it is going to be the start of that selling which is going to affect consumption, Internets I would think will be the hardest hit, on the other hand the way I think that ASEA may hold well, the problem is that markets are writing off Clinton and Yelstin- the markets are unsure of nuke nations leadership, as such the best thing would be to sllep now - get up in the morning and hope that Nekkie fears of DOW blow out once answered may now lead to some sensibility coming to the market, we are comprehensively down, if you were not taking cover you would see that it is as you say a total carnage however from ashes our resurrection will come, lets hope for the best..I am sure we are going to see some positive from ASEA -- Nekkei major break would be a disaster, I expect that we will see a lot of buy recommendations tommorow. BKX is one sector I will look at it very closely I will be writing the level very soon..

To: Narotham Reddy who wrote (19701)	9/1/1998 1:37:00 AM
From: IQBAL LATIF	Respond to of 50167

Reddy could not be a better morning than this today---ASEA has held so does have the markets-as I thought last night.. To: +Narotham Reddy (19702 ) From: +IQBAL LATIF Monday, Aug 31 1998 5:50PM ET Reply # of 19719 ''I would think if ASEA holds tonight we may see things a lot better, if ASEA gives up we will see tomorrow another choppy day, I would think you may see 7200 if HSI and Nikkei does not hold it is going to be the start of that selling which is going to affect consumption, Internets I would think will be the hardest hit, on the other hand the way I think that ASEA may hold well, the problem is that markets are writing off Clinton and Yelstin- the markets are unsure of nuke nations leadership, as such the best thing would be to sllep now - get up in the morning and hope that Nekkie fears of DOW blow out once answered may now lead to some sensibility coming to the market... Reddy-- Good Morning from Paris