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To: IQBAL LATIF who wrote (21481)	11/17/1998 4:55:00 PM
From: S. Chiang	Read Replies (1) \| Respond to of 50167

IQBAL, What do you expect for the market in the next few days, especially, the OEX before the options expire on Friday. SC

To: IQBAL LATIF who wrote (21481)	11/17/1998 7:08:00 PM
From: steve susko	Read Replies (1) \| Respond to of 50167

What do you think about the fizzle of the post cut rally? Not very convincing run. What's your support on RUT?

To: IQBAL LATIF who wrote (21481)	11/17/1998 9:40:00 PM
From: The Perfect Hedge	Read Replies (1) \| Respond to of 50167

Hi IQ- So you're suggesting the Mar 420 or 425 calls on the RUT?Or the Dec calls? B*

To: IQBAL LATIF who wrote (21481)	11/18/1998 3:40:00 AM
From: IQBAL LATIF	Respond to of 50167

A point of view I would like to share--- Wednesday, Nov 18 1998 12:19AM ET Hi Ike, I have a friend who has been very bearish since June, and he has been very successful in the market, enough to make me pay attention to what he has to say. I'm PMing this to you because I thought you may like to comment on the thread on of some of his thoughts. Had I listened to him back in June, I would have made out better than I am now, but I also would have missed the bhumpo rally and future gains to come as the small caps continue to rise. I will post it below. And again, thanks for your thread. You really helped me to stand pat when I got caught in the downturn. If I had sold into that, I would be in terrible shape now. -------------------------- ---- On McNeil Lehrer tonight there was a panel of economists from the the midwest, south, west and central us., all noting strong signs of economic slowing in the us, with predictions of slowed growth but not recession. Milton Friedman or some other pundit was on noting that for the first time in too may years to count, the american public spent more than it produced in september....He then went on to point out this really didn't mean that folks really dipped into their savings to finance continued consumer spending, but that even though they did, it didn't signal anything ominous. now lets see........how long will the savings last before spending dries up. The economist panel on another segment noted banks turning down capital requests from mid cap companies.. The interest rate cut is too little and too late to stem the liquidity crunch that is coming in the banking system. I am going to nearly all cash at the first of the year, or before if there is a significant correction in the interim.

To: IQBAL LATIF who wrote (21481)	11/18/1998 4:09:00 AM
From: IQBAL LATIF	Respond to of 50167

In my opinion SOX go up and hit 330 post AMAT earnings-- I will add SOX also on list of indexes where still some room to play with a stop loss at 287 and take profit at 310--

To: IQBAL LATIF who wrote (21481)	11/18/1998 4:10:00 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

Tuesday, Nov 17 1998 6:45PM ET Hello Ike, Thanks for sharing your insights on the market. I agree with you, I think we'll test 1128 on the futures by Friday (options expiration) I was just checking the open interest on the SPX cboe.pcquote.com & OEX cboe.pcquote.com There are a lot of calls above 1125 & 550 which the Boys will like to see expire worthless compare to puts. Call it profit taking, consolidation, retracement, etc... Of course the open interest on these options can change in the next 3 trading sessions. But if the market cont. up then the Boys are going to PAY big time. After Friday expiration, manipulation?... I believe the market will resume its move up. Regards,