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

To: James C. Mc Gowan who wrote (29079)	9/30/1999 1:03:00 PM
From: IQBAL LATIF	Respond to of 50167

James.. OT................. Ralph makes comments once in a year or twice, we trade every day, we are two different kind of animals, he can afford a call from 7000 to 12000 I will rather be deciding on much tighter spreads like 1380 break associated with DOT or NDX or SPE break, I keep changing the horses that lead me to decide the index I am following, sometime it is SOX others BKX and others PSE.. I think that formula I follow without much of an academic input ( like books)is to go long with calls on stocks that have momentum I never buy them, second I preach here momentum trades like SPZ break below 1313 or reversal from 1367, I was pleasantly surprised that none of the points were written so openly like 'Idea' did, that really makes me happy on daily basis to trade and give levels is a very tedious business and to keep with this trading skills the policy of 'trade after you post' is something I really cherish. Something in my very banal analysis gives me these levels as they get displayed, at the end of the day they are very profitable that is the bottom line.. I have all these levels like now 2380 on NDX to short or buy SPZ puts square them at 1372 area not 1367, or go long above 2405 NDX or BKX 745 on C MER JPM, or short the SOX below 492 close.. these keep creeping up in my mind but the most refreshing thing I have won respect from everyone, even some people who get upset with me temporarily, understand me, comeback and love me, that is what I have gained from this experience, I have gained friends and created an environment where I have created great global friendships and that is what I really enjoy the exchanges and the love we have created with top class trading, we maintained the human side of this thread, we can talk about our pains our strengths and we have created a small family in the cyber space as one of my very anonymous friends told me yesterday ?Ike I wait for your morning note like a newspaper!?, I think that is the kind of 'interconnectivity' and mental unity I wanted to create in a economy which is global and knowledge based, James this thread has been very calming, I learnt to tamper my sharp edges and learnt to live and much wider and bigger global environment, one thing I always thankful to God that I witnessed the death of distance and irrelevance of time zones, with best of regards.. Ike I hope you enjoy the company of your son, I taught them because I thought that Angelo and Leronardo de Vinci who happen to be the architects of era of enlightenment and renaissance went to no school, they were artist, designers and poet at the same time so why not to make my children train along the same lines, multifaceted and multi-discipline children, that was my aim so far we are only half way through.. Take care and love to your wife...