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

To: Stephen who wrote (35632)	12/6/2000 4:11:32 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

More infromation would be created in next three years than what is created since dawn of the mankind, this is what EMC CEO just now said. This is the revolution on the bull side I talk about, here on this page. For me it is not at all about Bull/Bear run, it is the question of core believe in good stocks, that what I portray here. Timing, all timings are good if you don't over reach, play within your means, don't leverage and don't sell naked calls or puts. You see your levels back that is what I know.. The power of a bull someone holding a stock is far greater than someone shorting it, the guy who is long is doing a natural thing to own but the guy who is short has the cover the borrowed stock, if this rally ever take us to 3300 you may see one of hte nastiest rally ever seen in the history of wall street, their is so much of short interest in the stocks that the combine toal is nearly 4 trillion $'s, to cover that market needs a huger huge jump. We longs have to worry about sales growth, GDP growth and snetiments, Fed. The shorts have to worry about all of the above plus availability of stocks.. We smaller people here are no Buffets, we believe in core strategies, run our own accounts exactly the way we write here and do not try to make monies from each other by creating confusion and making us look like a hero. I got out last night is nonsense statement and very unbecoming of a gentleman, what for only to make few more bucks, the post event reading is for non-sense. We do here pre-events read and are proud of that. Wrong or right htat does not matter, our bias is known and our prefrences are like the few people who visit us. The last thing I want is to make this another pumping dumping place. We have enough of bigger threads, greater figures and greater egos, we in one forgotten corner should be allowed to do what we think is right. I have detested 'vested interest' will continue to do so. I don't become memeber of cabal to run stocks. My interest right or wrong is my htread and my views I am neither one up nor one down, the battles are lost but wars shall be won that is my battle cry, and as far locking horns with the bears 'I like to screw them' this is a well known fact within SI community and I am self styled father of all bulls..gg.. but I love them ( bears) too no love shall ever be lost ..so please don't get upset.. I wan't you to be happy like i am and enjoy good and bad days.. Bull run has been a long run and we have seen it since 1995, the war of Bulls/and Bears dates back to the levels of 750 where we have some professional sellers of the markets who have stayed short this whole 5 years run and on days like past few weeks make it look so easy. I think that everyone I know of has to invested in hte market and nearly everyone is, it is a rare phenomenon to say htat I come to SI every day but has been watching on the side lines with few short trades for last few years. That does happen to score few points but in actual world when stocks go down even the fiercest of bears has moment of tension as they are invested most of them in their core. My experience tells me that investment in right stocks is better than playing individual stocks short term, look at yesterday someone short PMCS or NTAP has two choices either to cover or wait for that break down after INTC warning as expected, if that warning does not come or others don't warn I will not be surprised to see 3300 taken out very quickly upwards of that number the rally would self fulfilling. No one is right or wrong, it is the whole issue of integrity, why do sensible people like to play with those who are invested. Now to say that the largest NASDAQ rally did not impact their shorts as they covered overnight is not fair. That is what I take exception off. I have been bloodied by this market I accept it however I do not come out and make statements that I am all cash, I have not suffered. The point I make is don't make your posts to satisfy your business concerns, when you mix 'money' with independent opinions it is unfair to most of us who treat this place far more seriously and with far greater integrity. I would wish posters and myself on htis thread not to make money from each other but to be honest enough to come out clean and make money from the markets. That is what I try to say, and the people i target know it well, they are my friends and some of them my admirers too. I have extended my congratulations to every short and I have myself been a benefactor of SPZ put options strategy, however for me I continue to buy on dips with proceeds of my options and I am able to bring NTAP cost down to 69$ and PMCS to 97$ during this whole correction, I look back in a day and see all over my strategy perfectly works without declaring a fire in the theater. Now if I can't even reign that on my own thread I would do dis-service. You can read thousands of posts a day dime a dozen that call for disasters and impending crash, this thread is dedicated to that BULL run from 19995 that has screwed everyone who has been short.. I just tell them that fact is that you all are long but 'short' play is more of fashion thing.