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Good evening, IKE. For me, the reason why I post on IDEA and have always come back to your thread is because I learn more here than on any other thread. You give your unconditional time and talent of most loyal altruist and it is most appreciated by me and I'm sure all others who read your posts. Bull or bear, people flock to IDEA to get analysis of the market. I know IKE is the best as I have seen you put to the test and survived many a fires only to come out like diamond from blackened coal. I do not trade futures market and it is days like yesterday and today that only nimble traders can make killing on wild swings. Further, I would venture to say that most people who read this thread don't trade futures but still look forward to your "core stocks and option plays"as well as your support and resistance targets of key indices. I do not have proof of this. Just a hypothesis.... . ...... Nevertheless, you help all of us with clear, concise and cogent short term targets in path towards long term direction. ... Lord help us if for some reason "mother bull" somehow picks up major conflicting and contradicting signals and shares thoughts with IDEA universe that we are heading back to September supports or even further vision of prolonged bear market. But I am also confident nonetheless that IKe will be able to change direction far quicker and with greater assault than "Queen Abbey"..... I recognize that this is predominantly bullish thread and it is tribute to IKE's global universe and new age paradigm economy... I do not know where you find or see all this doom and gloom on all these other threads. And I by no means want to be labeled in this "sky is falling" category. Although I venture to say that most have already put me in that group. Maybe I am what Edward Yardeni calls "an alarmist" and "white lighthouse" at shoreline. Maybe I am "au contrare" indicator for some. Point is, I feel it is necessary to be able to express my thoughts on up or downs even though you know I have been more bearish bent. There is a difference b/w conveying "warning signs" in market like Dec 23 and rational reasons why vs "crying wolf" for no reason at all. Even in spite of these warning signs I still said market was going to new highs and it did. Further, one can still be long and in stocks for trade purposes, or have buy and hold all weather stocks and still have bearish bent for market. I am losing on C, and WFC, but still up on EGGS, MTC, SLB et al. I have also bought and sold EGRP at 27 and 30 3/4 and sold at 61 and 55 before split was announced. There have been other winners and losers. I choose to not post my trades although I will share stocks that I like or are trying to get in and get out of from time to time.... IQBAL, what I am trying to say is this: If I can't express myself freely, bullish or bearish (and I am first to admit more of the later), and have perfectly logical or rational reasons why I feel the way I do even though the conclusions are wrong or don't square with bulls , then I need to be told that by you or OJ or someone else. And if my posts are interpreted to be one of "gloom and doom", than you or OJ or someone else should tell me so. I am man enough to understand that my posts may pollute or convolute you or this thread and that it is time for me to leave. I have utmost respect for you and this thread and if I am bad apple that spoils the bunch than bad apple must go. With sincere respect and gratitude.... JT |
