To: IQBAL LATIF who wrote (21446 ) 11/16/1998 7:05:00 PM From: IQBAL LATIF Read Replies (4) | Respond to of 50167
On DOW breaking 9000, I present- The Bhumbo Saga—from lows to highs the consistency story as told by Ike-for comparison with similar posts on dates specified and the stories of gloom we were the only thread with a consistent story with fundamental story and we came out winner- we take the credit like we took the abuse but now at 9000 go back the prophets of doom see what you were writing- you were wrong on TA on Fundamentals ........eat your heart - self styled gurus and voodoo artists.... compare them with your posts....2nd to 20th Oct forget about everything else.....it is academic and highlights the macro economic fundmentals which brought the market here at 9000-------- To: +IQBAL LATIF (20950 ) From: +IQBAL LATIF Monday, Oct 19 1998 10:16AM ET Reply # of 21448 Cruel it may sound but Nov multiple interest rate cuts will take this market higher to 1130 or 1150 level, when Fed interest is to see that markets move higher I for one will stand and watch the action- I doubt anyone would sell these markets unless IBM MSFT TXN or ASND disappoint big, I would also think that these merger news are good omen overall $ is still weakening and will test 1,58 area on DEM soon even 110 or 108 area on Yen is a good possibility -- $ weakness will bring strength in ASEA and Latin America, for debtor countries no bigger relief than a weaker $ and a lower interest rates, as ASEA weakens Europe initially will stay neutral or even lower as $ weakness is not good for corporate Europe, more competition but Dec earnings can be great for US corporate .. in my opinion good prognosis buy on dips as pits tell me today-- 1680 is the first resistance and 1130 on SPZ the target-- the options are limited for shorting these markets --- interest rate cuts and numbers beating lowered street estimates is a very difficult proposition...for shorts. when Fed is your friend the trend is on your side these are heavily loaded dices unfortunate but who told them to be short and who told them to believe that world is coming to an end...ggg-- Fed is a friend of bulls- painful but factual - go eat your heart out, long live AG...Bulls have many friends. To: +IQBAL LATIF (20917 ) From: +J.T. Saturday, Oct 17 1998 7:58PM ET Reply # of 21448 IQ, You did it again, "Mr. Bhumbo". This is the second time I have seen you call the greasing of skids to be set up of pre-eminent rocket launch of markets... My hats of to you... You truly are the best trader I have ever seen.... What would be really scary would be if you called the "pullbacks as well as you call the next bhumbo up-leg with such vehemence. But I know you are always buying "insurance" to cover your long positions. And the whole story from 2nd to 20th Oct—compare it DOW 5300 posts and DOW to dog posts…….exchange2000.com exchange2000.com exchange2000.com exchange2000.com exchange2000.com exchange2000.com exchange2000.com exchange2000.com exchange2000.com exchange2000.com exchange2000.com exchange2000.com exchange2000.com exchange2000.com exchange2000.com exchange2000.com