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

To: jtech who wrote (33107)	9/15/2000 5:28:52 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Jtech, I feel sorry and totally ashamed of making what I think was very bad calls one after after the other. I also submit my apologies for making an effort by reproducing 'The Economist and Yemani articles' that would have put investors out of 100% plus profits. I submit my apologies for my lack of understanding of the global markets and also my machinations that only result in posting pre markets. I am so glad that you pointed that 'pattern' and hopefully by your gallant exposure of 'psuedo-intellectual crooks' like me would do a great service to humanity at large and SI in particular. Thanks for the greatest honor and respect you have bestowed on my analysis, however, I still believe although I don't trade oil, that oil goes down big time if the OPEC continues its policies that is what I advice and that is where I have my best listeners and backers in the quarters which matter. The alternate supllies would destroy the oil industry, yes my horizon is long, short termers are always ahort termers as the name suggst. I think of future albeit it may be wrong for you an example if you like.. 1.3 trillion $ of forex trades are conducted every day of those only a miniscule portion is for actual trade requirements, neither Euro deserved to be at 86 or 117 the valuation of currencies is a matter of pacro -economic governance by the markets, in the same way commodities extended rallies or falls have lot to do with the future commodity contracts traded that have more to do with the volatility and momentum and less with the demand and supply. Please look at the number of future contracts on Oil and match it with the actual requirement even looking and adjusting for inventory built up your good self would be pleasantly surprised. Sometime the share weight of one views is winner if if in short run the other view seems to be in ascendancy, you got to be cool and enjoy your great call, the weight of my view buried on this thread should not cause a lot of worry for your good health and great future as a man of commodities. Best regards.. Please go through my thread you would be shocked to see that I also went long on BMCS and CTXS before the fall, NPNT was down only 30% the ther two are hit almost 150%. I may ask Zain to prepare for you the list of the others faux pas and nail them for best of your satisfaction. Ike once again thankyou for being so generous and kind to only post NPNT. Ike