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Politics : Idea Of The Day

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To: Lee who wrote (20052)	9/7/1998 3:16:00 AM
From: IQBAL LATIF	Read Replies (1) of 50167

Lee- that is the most unfortunate part- shorts never make anything they keep looking for more, right now the markets all over are on fire-- the futures are up and deflation theory has the first gaping hole driven in it, the voodoo people who have never any idea of what is driv9ing the events will go back and produce new reports now going higher but the fact remains this is not a market to short at these levels, it was people like me who were selling big time puts on Friday to be honest our view was only limited to three days erosion of time premium- now as I see the entire proceeds will be hopefully transferred to my account-- and this is only --- contracts at 910-imagine I am the smallest of the player what about others who are the big boys those who got people short that night and most of SI which is dominated by shorts, if these guys had a trade in the market they would be soon paying it all back..I know that most of these guys write here on SI for pleasure when it comes to trade it is always the long trade..I got up this morning to see one of the finest moves, hopefully will hedge my trade on Globex to protect my paper profits..

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