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

To: James Strauss who wrote (21325)	11/11/1998 10:22:00 AM
From: IQBAL LATIF	Respond to of 50167

300 may be 270 and back up to 330 or 330 and back to 250 and way back up to 400 by end 99...... this is how I look at it but if I know it every one else also so no one really sells.. look at my logic just a streak of idea rate cuts will make market fall-- it is better not to have one-- short FOMC-- this is my approach.. iti s not about FOMC anymore.. LTC is making big recovery in most of its positions a further rate cuts put them over the top-- if Banks needed to be saved AG and Rubin did it like Tsang got HSi out of trouble- if they want BKX capitals to be improved another rate cut will be great.. but market will now not read that the way we read here..