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

To: IQBAL LATIF who wrote (28941)	9/23/1999 3:02:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Wednesday, Sep 22 1999 10:35PM ET To: IQBAL LATIF From: Hello Ike, Your calls have been incredible. After reading the --- thread and a few others in the last week, it sounds like all the 'Gurus' and a bunch of self taught experts are calling for major disaster or at least a 20 to 30% correction, starting now. They say smart investors are all in cash or short the market... I read your last calls from last week, then you 'checked in' again today in your ever so smooth and calming way. Your support levels were picked with surgical precision, like that es99z at 1316 on Sept 16 must hold...and that is exactly where it turned around...just like your calls this morning! Beautiful and brilliant. (ggg) Ike, your voice is the voice of reason while others are spinning their own traps. Thank you kindly, Sir !!! For me the SI majority indication is the best indicator of hell bent mentality to loose money, yesterday turn around and my support of SPZ 1316 was just one example, for me anyone who talks about clamity without referring to SPZ support has absolutely no idea oe experience to deal with this market, evry day we are making a higher low on SPZ and these guys kind of overlok it, yes DOW is at 10500 level but that is the area where we had maximum bounce in last few weeks, can NDX 2500 break can be completely overlooked or the DOT ability to stay above 615 even in worst of selling or SOX lack of selling when DOW is maing a low at 10500 or BKX sticking fine above a six months low, all these and inter day break of 200 days MA for me a signals of that market driven strategy that I promote on this thread, I consider that one should look at the ioverall market find the areas that has been the driving force behind this market and try to build a strategy around them, the DOT move to 650 was the little mini shaft nicely prdded down this time through these pack of jokers, just read them for what they are worth but keep any eye on 1313 if we are breaking that go ahead and ' BUY 1300 PUTS AND YOU WILL SEE YOU WILL BE ADEQUATELY PROTECTED BUT GET YOUR CONFIRMATION FROM NDX SOX DOT, THESE ARE LEADERS THAT HAVE BROUGHT THE MARKET TO THESE LEVELS AND THESE ARE THE ONES THAT WILL BREAK BIG TIME TO BRING THE MARKET DOWN FOR ME IT IS ALL ABOUT THAT 9.30 TO 4.00 est WINDOW OF OPPPORTUNITY, I TRY TO MAKE A BEST RATIONALE USE...IT IS NOT AT ALL ABOUT CRYING WOLF AND NOT FINDING ONE, THESE GUYS HAVE BEEN IN THIS WOLF BUSINESS FAR TOO LONG'.. GG