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


To: Investor2 who wrote (22597)1/14/1999 4:23:00 PM
From: oexplayer  Respond to of 50167
 
Great Article....hope Ike sees it! He loves TK<g>! Did anyone see Jerry Favors on CNBC today? He said never in forty odd-numbered years has a good January not confirmed the trend for the whole year. Also said his black box told him that 11,000 Dow in April was a real possibility. This sell-off seemed lame to me so maybe Jerry is right on this one?

Kevin



To: Investor2 who wrote (22597)1/14/1999 11:57:00 PM
From: IQBAL LATIF  Respond to of 50167
 
TK was acting more on emotion less on facts and undoubtedly MER investors some of them being my friend are mad at this guy. Analysis is not what you like the market to be it is what market likes to do..

Let me tell you a small story. In early part of seventies we knew a trader a 85 old man (died at the age of 96) his name was Nathan Heilbronner. He was at Shearson's Lehman, once I he asked Ray what are his xpectations from the market, Ray told him anywhere between 12-15% would be great in reply the old man replied no it is wrong don't expect 10-15% or more take what market gives you. For me analyst need to know that market is the supreme force and we need to see and watch what it is doing on daily basis unfortunately Kurlack messed up big time on that.. For me INTC remins a big buy.. if it touches 128$ I would like to sell July 115 and buy 135 for July..