Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: IQBAL LATIF who wrote (21878)	12/10/1998 3:07:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 50167

HHHHHHHAAAAAAAAAAAAAAAA!!!!!!!!!!!!!! IKE, you ARE WILD!!!!1 ROFL------------hahhahahaaaaaaaaa...... bhumboree, a feminine touch....EVIL BULLS--LOL-LOL-LOL.....

To: IQBAL LATIF who wrote (21878)	12/10/1998 4:28:00 PM
From: IQBAL LATIF	Respond to of 50167

Thanks Harry= Thanks a lot- you hit it on the nail- when every one is going long-- Thursday, Dec 10 1998 4:23PM ET Well brother Ike, We grab this one by the balls again. Did you get my direct e-mail to ya that I sent last night? how does the saying go? If Mohammad (Dow) won't come to the Mountain, the Mountain (composite) will come to Mohammad. Or how about First in Last out (Nasdaq) Last in first out (dow) ggg Just when everyone was getting euphoric we start to cover our asses, wear condoms, increase protective measures, etc... Now lets have a gap down for Friday and rally back up for another feeling good weekend ahead of impeachment FEARS... maybe not... but lets hope... For the eternal optimist ggg... these level gives us a better runway towards the spx 2000 millennium... ggg Thanks for your spoos post on your thread... Have a nice evening... Be well, "harry-kari... aaaaaahhh tora tora"

To: IQBAL LATIF who wrote (21878)	12/11/1998 3:03:00 AM
From: IQBAL LATIF	Read Replies (4) \| Respond to of 50167

ASEA is down as expected but what has just happened is that markets instead of moving higher have decided to first test the resolve of new owners and that is most important for the long term health. Look at NDX the index sits in great distance to its 50 days MA for as move to take this divergence further and open the cleavage further demands first the liquidity crunch to stop diverging the I grade bonds and 30 years TB cannot keep going on seperate paths, this anamoly is not acceptable if it does I think the results would be equally more painful. We have seen now 1179 being taken out the reaction in Europe may decide the fate of movements today from the initial glance they may sell a bit but it will be down to the market in US, the pits after failing to pierce the upperend may certainly proble the lower end of the range and that is what is it all about right now, subject to receiving a big pre-warning we may see even lower 1130 are or 1140 or to be exact 1138 to be tested but I would think softening of this market from their will take a lot of doing. I have few small movements to note and those key movements will determine the corse of this months action, we are all aware that soft stocks will be more softer as people take their losses but if a new down wave in NDX takes NDX to 1580 the 20 days MA we may see that even the NDX kind of stocks will come under pressure as some of these new owners would rather like to book the loss from some of the stocks which have moved the most so the most vulnerable are the most fastest movers.. I would maintain my caution will keep looking at DOW and watch a close above 1178 interestingly- also 330 now becomes a support and important resistance whateverthe cae may be on the close today- for me some of these indexes intriguingly are sitting on very important levels and the market will try to trap and probe all possibilities.

To: IQBAL LATIF who wrote (21878)	12/17/1998 10:23:00 PM
From: J.T.	Read Replies (2) \| Respond to of 50167

IKe, Maybe we should throw this "bhumbooree" baby out with the bath water. The clock has not struck midnight yet. "B' will come when she comes, but not before SANTA CLAUS gives us one more rally. On a more serious note, nothing gets me more stirred up than rallying around the American Flag. SAAAAADOM has put a heavy price tag on his head. As you know, here is the long and short of it. The markets want a quick get in, get out strike with SAAADOM's head on a silver platter. That is utopia and the ultimate military mission. But it is not that easy. We will take out all the sites of weapons of mass distruction facilities, but getting Sadaam is another thing. The markets can and will rally tomorrow and into early next week. But if this thing gets dragged out beyond that, the only thing that will prolong the market party is SAAAADOM's head. The S & P as you know is trading at 30.5 times 99 trailing p/e. WAY TOO HIGH FOR EARNINGS VISIBILITY going forward .Historical p/e highs are unjustified. Adjustment will come, to be sure. But not just yet. 50/50 chance of NEW HIGHS ON DOW (9600 area) and other indices b/w now and end of January. Beyond that, we have too many other problems to deal with: RUSSIA, BRAZIL, IMF LOANS, Yield Spreads, Y2K, and DEFLATION. IKe, I must say you are getting better and better than the best each day and your ability to separate yourself emotionally from the markets and QUEEN ABBEY makes you #1 in my book. Your faithful prodigal brother, JT