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To: IQBAL LATIF who wrote (20217)9/9/1998 3:19:00 AM
From: George Mc Geary  Read Replies (1) | Respond to of 50167
 
IQ, We have had a heck of a runup 520 points from the lows of Friday. Appears that we will retrace a bit on open with SPU down from 1027.50 to 1019 at this writing. Guess it will depend on how Germany is doing by the time we open. Hong Kong down 2.5% and Japan down 1.5% will not bode well for us at open. Nice call yesterday. Isn't it great when the market in a timely fashion does what we expect it to do. If it waits too long we will go broke waiting for the options to turn profitable. The bears will be after us today.



To: IQBAL LATIF who wrote (20217)9/9/1998 6:29:00 AM
From: MonsieurGonzo  Read Replies (1) | Respond to of 50167
 
Ike; RE:" Japan cuts overnight rate from 0.5% to 0.25%... "

...will squeeze some (^_^)

What a beautiful call you made on the market, Ike !

It is one thing to feel the waves and "trade 'em in the direction they wanna go, pardner !" as Nemer says - and it is another thing to be able to feel the extent of a move up or down: you nailed this one to the wall, mon ami - Your feeling for extent has been particularly keen recently.

I accumulated ADR's last week and dumped them yesterday for a nice profit - the weak USD just boosted their pop all the more ;-)

I was hoping that LatAm would follow the DOW and the Yen up so that I could initiate a short position trade, but it's just treading water. Here are the LatAm bolsa benchmarks, in USD basis ADR's :

EWW - Mexico WEBS
BZF - Brazil Fund
AF - Argentina Fund
CH - Chile Fund

If you find yourself sitting around your console counting your money, I would appreciate your thoughts on the oft-overlooked LatAm region of our blue marble planet. merci

-Steve



To: IQBAL LATIF who wrote (20217)9/9/1998 12:47:00 PM
From: Investor2  Read Replies (1) | Respond to of 50167
 
What numbers do you use to calculate the PEG ratio?

I assume that "P" is price, which is easy. What numbers do you use for "EG"?

What is the historic range for the S&P 500 PEG ratio?

Thanks,

I2