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To: ynot who wrote (28544)9/2/1999 2:13:00 PM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
feast...or strange trading but I know one thing it is not in the books it is not what these guys talk on SI it is my proprietry way of doing things. wrong or right bottom line I do great but to make it a common strategy may be it is too complex. This kind of feast initmidates investors despite of best efforts this does not have too many practitioners, may be it is not good for every one and I do understand that, anyway it is my obligation to explain my ways and it is good for me.. I earnestly hope that it becomes understanble and workable for investors as they gain confidence and experience but we should keep trying our best..



To: ynot who wrote (28544)9/2/1999 5:37:00 PM
From: IQBAL LATIF  Read Replies (2) | Respond to of 50167
 
Keeping in line with my strategy of posting my exotic stuff. this is how I am going into market for the number tomorrow..

1.. Sold 610 Oct I think 6 and change SOX calls to protect partial premiums on long Dec Jan calls, good number that gave me nearly 20% of the total exposure I have in new premiums, will try to square on a sharp dip or if we rally I will elt it run adding new calls on individual equities.

2.. Sold DOT 700 Oct again reaped in a lot of premium now I have got cushion if we head down until Oct and my underlying call erosion is partially protected, I was long DOT componenets at 545 area still some meat in it and I will get out if I see some decent return in wake of bad number but naked calls will than run to expiry got 8 and change on it..

3.. I bought 1290 long puts for Sept and sold 1230 for Oct a calender spread, if we see a sharp dip to 1282 I will leg out of 1290's leaving 1230's as naked leg with slight cover from naked SOX and DOT calls but if 1276 is out I will sell 1350 and buy 1250 spread.. if we rally I will loose on 1290 but also on 1230 oct.. and my underlying leverage positions whaich have not at all been damage will lead the market, when you are in CSCO INTC YHOO AMZN SUNW AMAT NOK at lows one dosent have to worry, and when I put all these strategies at work no one dares win from Ike even the pits... we decide when and how to make money for ourselves no one else come what it may be..MR AG you are welcome you can spoke but spike cannot stay down it has a spring at the bottom, it will send marekt up after even a low test of 1230. in earning driven no asset bubble market only falling prices and overcapacity with deflation can take it down...Financial meltdown or collapsing world economy is the danger for IBm MSFT CSCO, with roaring economies and falling prices of computers and infortmation technology any inflationary news will be temporary.. Ike to Ike with love .. great trades Ike gg