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

To: IQBAL LATIF who wrote (28481)	8/30/1999 1:15:00 PM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

Looks like locals are covering, I have covered 1335 nearly 15 minutes back, good decent return on a nice trade posted this morning. I wrote buying long puts SPU future options will test 20 days MA, my objectives are achieved, now I will look at what happens next .

To: IQBAL LATIF who wrote (28481)	8/31/1999 5:39:00 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

With performance like after purported bloodshed of markets I don't know if 'Ag's 'asset inflation mantra is falling on deaf ears... market looked at the end down 80 on DOW but from lows at had picked up some solid gains.. and the calls on DOT at 545ish appeared to be great some of the stocks where I looked for a cheap entry with outside the money calls with average cost of 81/2 $'s for nearly bunch of diversified calls, what looked at entry a terrible looking intenets closed very strong.. towards the end I sold some 710's Oct as a hedge for these newly intiated positions at 545 area on DOT, if we move up the underlying will move 150 points before 710's are in the money if the move down and test 525 I will try to leg out of my DOT's 700 expecting them to loose premium and try to see if I make some new entry at lows of DOT.. this is the game we play every day, I wish it was smple as buying and leaving it, trade has to be worked around that is what I am mainly busy in the marekt hours.. some of the entries today which should be blown out below 552.. last in first out on a failing bounce should be the rule..today it closed at good note.. also played on JPN 185's Oct 's expecting that we will see 190 again... quote.yahoo.com