To: Lee Lichterman III who wrote (28988 ) 9/24/1999 2:00:00 PM From: IQBAL LATIF Read Replies (2) | Respond to of 50167
<<I guarantee you I will be short MU by April of next year and I will make at least 300% minimum. DRAM will not stay up more than the next 3-4 months, give it a little extra for the time delay of X-mas lies season and the drop should start early next year to summer. <ng>>> I thought you were short now, I am ... I have in last one hour traded twice on the side of short and closed it, your APRIL is far too out.. we here work on next minute move...I will be with you if SOX 483 is out today not |||||April 2000, by the way many of these guys I can now understand has been looking to short SOX from 180 area, just last Oct-Nov 99, so now I understand the real meaning of 'time table'...gggg MU is sure a great short the problem is that market does not want to play it that way and when you want to go against market based on your assumptions that is something in my little hand book called as 'emotions' or more appropriatelty put also 'feelings', on your << I understand the difference between feelings and trading but I also know the difference between fundamentals and trading. >> I think 'technical fundmentals' are basis on which you guys trade more often than not, the 'technicals' when a stock breaks new highs does not give that indication like when 1313 or 2500 was taken out I went short ir-respective of my long term believe that is what I am suppose to do 'trading without emotions' at that point and time I have no reason to 'justify as 200 days MA breaks on DOW and SPZ breaks a major support' I am not going to wait until April what market does if I remain strong headed it is my problem. MU justification is your problem not mine..throwing a FUNDAMENTAL argument against MU is a contradiction as TA supported the run since SOX move from 180 to 560 in 10 months, when all that move happened you guys totally ignored all technicals and went for FA argument however for market direction you discarded FA and went for TA because DOW looked quite heavy at the top.. FA is territory of the people who trade on 'bull direction' of the market and have the guts to stand up on days like this.. don't you live with all the time with that crap of 'TA only -exotic stuff and no fundmentals please' on your frequented thread. I don't buy your April theory and FUNDAMENTAL stuff, the problem is that in my new car from safety bag to fuel injection everything is a chip.. we will see it in April right now lets look at next few hours of sessions.. Best regards and love. I hope to see you around when bulls have better and greener pastures around us right now as market tests its supports lets do what we are here for..make some bucks..