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

To: IQBAL LATIF who wrote (25168)	4/11/1999 1:58:00 AM
From: The Perfect Hedge	Read Replies (1) \| Respond to of 50167

IQ- LOL!!!Great post Iq...That "pampers" stuff was funny...I love the passion in your posts!! B*

To: IQBAL LATIF who wrote (25168)	4/11/1999 10:35:00 AM
From: Jerry Olson	Respond to of 50167

IKE.... you keep me laughing all the time...re: "The problem with technique of 'change of direction like of change pampers' that garbage in is garbage out 'GIGO', like abstract art which attracts a lot of critics who gives some credence to the piece of art whose originator had originally no idea of what they were drawing! """ i keep smiling reading all your posts and ideas...sure has helped me!!! i keep thinking about the cliches, "the trend is your friend" & "don't fight the fed"... I have "blinkers on"..looking straight down the road...all the noise on the left & right of me, meaningless...the numbers DONT LIE.... great writtings IKE, excellent cogent thoughts... enjoy the rest of the weekend, and keep up the WONDERFUL WORK...

To: IQBAL LATIF who wrote (25168)	4/12/1999 1:01:00 AM
From: J.T.	Respond to of 50167

IQ, NDX is certainly the barometer of choice for the nimble traders like yourself when working the SPU for support/resistance targets. You have aptly picked up on this. But for the average buy and hold stock or mutual fund investor, investor X has been conditioned to think synonomously with the market going up or down to that of the DOW. You and I both know the pitfalls of this assumption. But to the average joe, he doesn't know any better. One last thing (and this is only intended to inform and not create fear). The Dow has circuit breakers that are modified quarterly to down 10% (1/2 hour halt), 20% (1 hour halt) and 30% (trading is closed) depending on the time of day. Effective April 1, this is 1,000 (10%), 1,950 (20%), and 2,950 (30%) respectively. Most investors are not aware of these rule changes and it is only fwiw. In short, whether we like it or not, the DOW will gather the most attention of the "journalist pundits" because of its sensationalism and also in recent mass attention to DOW 10K. Best. J.T.