To whom it may concern.. OT.
In response to a letter forwarded to me by a friend 'from a friend of God....'
Friends of 'God' are upset. No, don?t get upset.. It is posts like this towards end of this post that tells you shape of things to come. Look at it after all you 'friends of God' whenever appear bring a '200 point rally' as if that alone is not enough NDX plus 80 is another story. Yes, I know all bull cycles end in a blow off mania, but perhaps for change why not to be a part of mania. For once buy some calls and when blow top mania comes buy the puts and sell your calls why to go through this pain baby! Market up and downs are daily things, no one should take credit but to predict 5000 points drop and get it on the chin is a hard blow for ego and for health ofcourse financials does not matter who trades anyway, it is after all mental masturbation on this SI. Free and nice and keeps going. Keep shorting semis and INTC, it is not my fault, don?t get upset if this darn thing moves the other way and wrath of God will not help either.
Why to buy puts just before the mania, get them cheap and nice now, dime a dozen puts as much as you want.
Now let me tell you if 1342 breaks buy 1300's and you will make a lot of money but if you are buying a put at 1319 than don't forget to sell a calendar spread, sell 1230 and buy 1290. If mania comes, get out of the sold lower put of Oct and let the Sept run for you. INTC shorting my friend of God is your own idea, now don't expect me to disappear and reappear in matter of seconds, like yesterday reappearance when market was down and disappearance when market is up.
Don't tell me and stab me like others have done, be nice and be honest, after all sharing a food makes life long friends and by the way it was my treat ggg. The daggers never stop, landing in NY was met by one big one, that dagger man became synonymous with my if when but however may up down post, the other several friends of "Gods" have tried out several sharp one's very recent one nearly as sharp I can take.
I am not thick headed I get you, I don't make in between the lines remarks, you know what I mean. Thread popularity is meaningless for me nor bookmarking someone told me once I will unbookmark, I told him to hell with you go and throw me in the dust bin of history. I need no popularity contest for my thread I need good posts and good direction every morning, not many do it I do it with pride every day and with one of the best records. From post 1 to this one..it is all here on this thread..
One needs to stay on the brass that matters for me and my account and my friends, when the ship is rocked 'Ike' stays on, posting and not disappearing putting people in lurch and I don?t keep undesirable bear company. Where rats start jumping in the sea I know it is just a leaked pipe in the ships galleys. Instead of fear of drowning I go and buy outside the money calls, the rats drown and we stay course, time and again we have stayed course. The bear population makes new manifestations every one dip, old masters disappear new masters and pied pipers with new mantras appear to sing a new tune. We all enjoy it, we listen to it but do what we do. Now it is the gospel of God against an infidel. Very poor and fanatical. Don't bring Gods and crusades in the picture...we are all fallible.
I am here at all times for last three years, rain, storm, post no post reply no reply, some say this thread is dead. I keep it alive every day in and out and I know it is not dead as far as I keep writing. Popular or unpopular I am here to stay not in a beauty contest or Cindy Crawford modelling business. I am here to stay tune to the market, my little number of readers is someone to know or learn, and we are complex but eventually the best in our class. We don't get ditched at worst of times. I keep holding their hands and tell them this is nonsense, the crash is going to come in their heads. That is, my crime.
I hold hands, I am the most steadfast thread to foretold or predict the direction of the market, no one takes that from me, I throw the gauntlet and if anyone can take it, post by post over three years, lets see. If people want me to cry wolf when I don?t see one that I would not do, to help make SI bears den as if it is not one already. My job is to let people keep the core and brave through storm and get them into NDX 100 where the 40% of entire market cap resides. What's wrong with that? Why should God be upset? After all it is a good deed.
I will tell here what is happening, inside SPU stories, the running of stops and no one is a better story teller than me because I take my thread as my duty and not a responsibility from God, where does God comes in the markets? Leave God alone, we are here in too small and ordinary a business to bring God in it, and by the way God loves me and loves laughter.
Your call was bad just have sweet dreams now, try to listen to this sage of SI gg. We may have no inflation according to the markets today, but that is what I have been saying all around. AG has no balls to work on this market it is the corporate US and they are the leaders of innovations, give me innovations I will give you a 1400 SPU... Yes he capped it for three months, he can further cap it, but it will roar if the earnings keep coming and economy remains robust. Simple and nice, even God's cheer the bulls, as we breakthrough what always look an impossible task. Ike stays up and keeps calling that this is just a move like 900-990 and similarly I am least worried 1250-1382 is one of these stages and we will see this consolidation more at these levels..
SOX at 556 is something I had highlighted long back but nothing tops this one of yesterday true to its core typical 'Ike' at its best...
Message #28542 from IQBAL LATIF at Sep 2 1999 1:16PM
If on a day like this SOX is up what will happen on a good day? Look at these indexes they are holding so far I am going to act only if these leading indexes for me break-- I am watching PSE SOX DOT very carefully. So far so good towards the end i am not going home without some insurance like covered calls 700's on DOT with my underlying as hedge if the market goes against me, some 1250's cheap can be picked up too... |
