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

To: IQBAL LATIF who wrote (24921)	4/5/1999 11:23:00 AM
From: James Strauss	Respond to of 50167

Ike: There appears to be a moderate political sector building in Iran... This, perhaps, might be reflecting an awareness that America is not the Great Satan after all... First Bosnia, and now Kosovo, shows that when the world sits on its hands America steps into the breach at great political and human cost to itself... I have to believe that this is not lost among the Muslim nations or other nations... While all may not agree with the American bombing of Serbian interests, they should agree that forcing hundreds of thousands of people from their homes at gunpoint is morally wrong... Those that said we should have tried to continue the negotiations have never faced the end of a gun barrel while members of their family were beaten and raped... There's a time for talking and a time for action... Now is the time for action... The civilized world can no longer stand by while acts of genocide are perpetrated by bigoted dictatorship policies... As the old expression goes "Those that don't learn from the past (Holocaust), will live to repeat it"... Jim

To: IQBAL LATIF who wrote (24921)	4/5/1999 1:48:00 PM
From: IQBAL LATIF	Read Replies (4) \| Respond to of 50167

A forecast... what I think in next nine months with back and filling..If DOW closes above 10,000 RUT 402 and SPM 1328 NDX above 2200 and Composite 2546 is also a great move, the next destination of composite would be 3500 on composite and 2500 as a support, it will be within 6 to ninth months this is based on my bhumbo reading optimistic but that is what chart is telling me. People who don't believe me never believed my post that DOW is a steal at 8000. Ofcourse it would not be a straight line but that is what it looks like on simple charts, a strong economy with slow job growth and slow hourly earnings means no inflationary pressures and big positive for corporate earnings. No need of going in wildly wait and enter but look and think about these levels.. It all depends on two closes above the levels mentioned above. NDX looks like heading for 3350 within next nine months purely on bhumbo based reading of future. Like SPX is heading for 1800 another 500 points from here, market sideway basing action almost for last four months can reach these targets within nine months after a solid basing action. Note that their is healthy level of skepticism and negitivity forecasting a drop of 15%, if skeptics start going long short the darn thing, any time you find the bear self styled shorts geting long just short the darn thing-get out of the party, my whole analysis is based on level of skeptics, the way they are throwing in the towel, if they start liking the market we can go and test the correction to 990. Today action are a great bullish sign notwithstanding the strategic problems in Serbia. BKX has already taken out 855 I would like this to close above the resistance, from what I am seeing it looks we are going higher a broad based rally, RUT 430 can be a great call after two closes above 402 i.e. tomorrow, SOX 396 on SOX is a bullish sign, I will like this to close above 402 but overall DTX RUT BKX NDX are all giving a very healthy breakout pattern, I will like to reiterate that now we have a good chance that RUT may move and for that index trade will be great.My universe of stock is great and it looks like that these leaders will lead this next move up.. fwiw