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

To: Logain Ablar who wrote (33522)	9/22/2000 5:54:03 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Tim.. <<its just to thank you for one of those many pearls of wisdom I read in your posts>> It is one of the most difficult job when amidst market carnage I am justifying things which CNBC is rejecting, that is against my whole set of thinking that is based on consensus building and logical construction of event. No one has ever been always right or cannot define everything in this world, any one who does it wears a set of self promoting glasses, now I am on one hand distressed with this known fact on the other dying to tell my story, sometime I feel to shut up when even INTC pre-announces and let my story be overaken by events which are far more clearer and invite the shorts but i think that let my htread know about the way market would react. I will tell you one thing that the probability of market moving higher is far lower than market moving lower, the distribution curve is so skewed in favor of market moving down, it is always safe to be on the short side, the probability is never 50/50 for a up day or a down day, chances of markets going down on distribution curve even on a normal day are more than going up. Knowing the probability curve, for us to call a day for a trend against the probable chances takes a lot of efforts and that is the art which I need to become better at. On days like yesterday it was after close 90/10 in favor down, now to make a case without sounding 'stubborn ass' is the game, I hate it to the hilt to keep supporting news the way I think should be reported, I know that I can be darn wrong, however I think I am charged up with the real angle and try to discount news being mis-represented, that I do but rest assure on every step of my post I know my sensitivities, my weakeness of argument and what you have but to let the opinion out in public is important and it is only due to being host of this thread I don't let it suffocate. I run a risk of being to full of myself but I know fully well, I will one day be wrong however if I try to keep my bearing right so that I will smell the big one a little earlier. Yesterday action cannot be termed today as 'I told you so', to be honest I did not trade to much today I was too busy with the thread, than buying things for the kids for their new second year classes they wanted the latest Nokia plus other paraphanalia, Zain was telling me stories about how good is Ethlon and I thought that it would be good if he writes me and fills me in may be AMD is full of surprises, last week the kids made two computers and they networked them, they are now working to have the same thing in London. All this little things I enjoy and but I hate my defense for all the levels all the time, I feel that I am becoming to sure but i assure you that is not the case, I always like to think that i am wrong it is only the twist I try to define and if I am right it is not a big deal if I am wrong I may be overlooked that is my earnest pray, had this thread not been hosted by me I would have never bothered any thread with all this nonsense and repeated assertions, I only forgive myself with this little thinking that at the end of the day those who don't like this have already un-bookmarked me or thrown me in the dust bin of history and the few who read me know me so well with my imperfections.gg May be honestly it is that lack of knowing that I read the markets right, the lack of confidence and absolute believe that everyone is gifted with equal strength to reason that I keep bothering you guys what you call as pearl of wisdom, they are nothing, tomorrow is another day and all this needs to be forgotten and we need to look at the new morning with new anticipation and new expectations. In London I have more time to myself unlike Paris where I spend most of my summer, London is a place of indulging into 'big curries' and running around Hyde Park, the computer here is not a cable connection hence little slower but life here is full of action and theaters..