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

To: IQBAL LATIF who wrote (19726)	9/1/1998 2:58:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Big hedge funds who were behind the mini-crash last night are covering their shorts on Globex despite of Europe softness which I think will be soon overcome the globex is moving higher--

To: IQBAL LATIF who wrote (19726)	9/1/1998 6:15:00 AM
From: Riskmgmt	Read Replies (1) \| Respond to of 50167

Ike: Good call on the Nikkei. Your scenario is unfolding. Europe coming back and S&P up 25 as I type. A huge bounce if the trend continued. Now the question is, will this be a bounce to sell into or did we find the bottom? No one really knows and that is why your advise of being nimble and playing both sides is so good. Keep up the excellent work. regards, Ray