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

To: Carolyn who wrote (32693)	9/5/2000 4:50:52 AM
From: IQBAL LATIF	Respond to of 50167

Thanks a lot, it not important to read the market correctly it is most important in this trade to read the fundamentals without 'prejuidice of self importance' and all encompassing view, we can be wrong many a times however knowing whats different this time or previously has kept us in the game since 1995. If one fails to notice the subtle differences state of economy now and great depression of 1930's or the difference between US global reach and Japanaese isolationist approach of huge trade surpluses and great rate of savings without spending that copntributed to Nikkei great fall, one's mind would freeze in a state of mind that is not helpful for any investor. In these 'fluid markets' it is most important to have flexibility and ability to understand fundamentals without colored glasses. I am happy to see that we keep this thread a forum where we express our views and would continue to do so the way we interpret them individually although I acknowledge and understand the banality and sometime superficiality of the points we raise. This unique force of empowerment of individuals that internet has unleashed is to cherished, we are just trying to learn what is a great art of reading the real reasons behind a cetain move..novices like us need to understand that most important is to keep the feet firmly implanted on the ground to avoid head on with the market, if our supports are taken out our understanding of VIX, Put/call ratio and utility rally would not be worth anything, so the next few days are important to see how the market plays out.