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


To: IQBAL LATIF who wrote (22645)1/15/1999 11:56:00 AM
From: IQBAL LATIF  Read Replies (2) | Respond to of 50167
 
Thank you Mr.Krugman. Brazil bounced off 4797 within the band of 4500-4900, I had suggested a few hours before brazil opened,that prediction took some real 'balls' as I could see Europe down but I stayed with my call and happy to see it working so well.

I said a 'ferocious bounce' and nothing can be more ferocious than a 28%, now that the index is up to 28%, I would like to give this credit to Krugman and the other note I posted today,, thankyou Mr Krugman for always enlighting us.. Thanks a lot, we use your academic prowess to trade and we are grateful to you..

I just think that if I would have not spent last night deeply engrossed in Brazil strategy that post would have not seen the light of the day. It will always remain based on macro strategy my finest call.. That is exactly how moves are defined first a macro economic view of conditions and than comparison with equally damaging disasters and than a fine strrategy within a band to take advantage.. JPN will take out 14100 in my opinion by Monday.. lets see how much that is true..