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

To: Joe S Pack who wrote (25844)	4/29/1999 9:52:00 AM
From: IQBAL LATIF	Respond to of 50167

I think that OJ's view on benign economic number may be little too optimistic, I have this durable order and GDP growth co-relation I think the growth will be surprisingly strong that will lead the bonds yields higher and a little movement in the futures but we will survive the test of supports, it is this increased estimates which will drive the market and higher skepticism. The bears are all short and it only when they are long market sells off, however I will look at this 1350 and 1330 in short term very clearly. I have thi otehr test capacity utilisation and out put gap that is very wide, we are well below capcity and until output picks up we may not see any meaningful inflationary pressure, any sell off may be a buying opportunity if inflation remains benign, strong economy will only help strong incomes and bottom lines, that is without inflation, I will keep a very close look at that crucial factor that one change will be a big fundamental change..ECI is .4% smallest gain on record.. go long AMZN at 171... Thanks for congratulations it was all partially because of you too.