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To: IQBAL LATIF who wrote (19860)	9/3/1998 10:05:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

SOX 210 calls buy it-- INTC numbers revised upwards-- I was filled in at 69 already making decent return-- will close out at 71 or let it run..

To: IQBAL LATIF who wrote (19860)	9/3/1998 10:23:00 AM
From: James Strauss	Read Replies (1) \| Respond to of 50167

Ike: Colombia has devalued its currency... The Russian Ruble has now sunk to 20 to the dollar... Many in the Military haven't been paid for months... A very unstable situation over there... As more and more countries act on their own self interest it will have a depressing effect on the world markets... Jim

To: IQBAL LATIF who wrote (19860)	9/3/1998 12:10:00 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

19861 post to Greg Butcher and referece to Canada and Latin American markets and my prediction of how these markets are going to buck the trend on $ weakness makes me feel good- TSE 300 just turned positve from negative nad Mexico paring huge losses on the opening also Brazil after a lot of pressure is showing lot of strength, lets watch this carefully..19861 post is naalyiss new frontiers and if it comes out true I will be very happy, weak $ bad for Europe is not neccssarily bad for Latin America and ASEAS or Japan or CHina / HK peg.. New frontiers and definitions not conventional remains the core of this thread...innovative realities-- I hope it holds--

To: IQBAL LATIF who wrote (19860)	9/4/1998 8:33:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

his was my take on Europe action today when we were down and US was opening big time low-- in hindsight-- To: +Greg Butcher (19859 ) From: +IQBAL LATIF Thursday, Sep 3 1998 9:40AM ET Reply # of 19927 I think that the European markets are selling due to $ weakness, when $ weakens the exports to US becomes less competitive for European companies. However, Latin America and Canada will hopefully act differently what is not good for Europe is good for Latin America and Asea. The natural out come is that equities sell off, however I think $ weakness was something very important for China's/HK peg, so what is helping ASEA is eroding strength from Europe, however the markets in Europe will still be competitive at these levels of $'s. The contagion chances of spreading into Latin America are now far less, I would think that even ASEA will be greatly helped with this weakness of $. Were we all not looking for Yen to strengthen against $ otherwise China would be forced to devalue, now without devaluation we have this pressure on Peg taken out, the massive intervention required for Yen strength has been partially achieved. I think we will see stability in Latin America and Canadian markets due to this $ weakness I also see a test of 964 today but I think we will pass this test , as we move into ASEA tomorrow $ weakness will help knock out a lot of shorts.. Only on break of 947 I will like to establish short positions otherwise I will like on opening to go long at 964 if possible subject I get a good feel. By tomorrow as clock works back with good shows from Latin America and ASEA we may see that markets realize that Europe has built in cushion for this type of softening of $.

To: IQBAL LATIF who wrote (19860)	9/8/1998 7:44:00 AM
From: IQBAL LATIF	Respond to of 50167

Classic example of a directional trade-- Looking back it was this post on 3rd which predicted ASEAN turnaround in wake of $ weakness -- even latin turnaround which we hopefully saw yesterday and will see today-- my day trade would be TBR-- now seeing Japan at 15000 and HSI at 8000 plus I cannot be more relieved-- we did see a heck of a move in both places.. Thursday, Sep 3 1998 9:40AM ET Reply # of 20162 I think that the European markets are selling due to $ weakness, when $ weakens the exports to US becomes less competitive for European companies. However, Latin America and Canada will hopefully act differently what is not good for Europe is good for Latin America and Asea. The natural out come is that equities sell off, however I think $ weakness was something very important for China's/HK peg, so what is helping ASEA is eroding strength from Europe, however the markets in Europe will still be competitive at these levels of $'s. The contagion chances of spreading into Latin America are now far less, I would think that even ASEA will be greatly helped with this weakness of $. Were we all not looking for Yen to strengthen against $ otherwise China would be forced to devalue, now without devaluation we have this pressure on Peg taken out, the massive intervention required for Yen strength has been partially achieved. I think we will see stability in Latin America and Canadian markets due to this $ weakness I also see a test of 964 today but I think we will pass this test , as we move into ASEA tomorrow $ weakness will help knock out a lot of shorts.. Only on break of 947 I will like to establish short positions otherwise I will like on opening to go long at 964 if possible subject I get a good feel. By tomorrow as clock works back with good shows from Latin America and ASEA we may see that markets realize that Europe has built in cushion for this type of softening of $. Next Previous \| Previous \| Next \| Respond \| View 4 replies to this message