To: JDinBaltimore who wrote (35634 ) 12/6/2000 10:19:51 AM From: IQBAL LATIF Read Replies (2) | Respond to of 50167 <<You have an amazing tallent Ike for getting these hugh turns correct>> No John, I have none, like everyone else I was bloodied. I have stayed with my course for two reasons one I don't think technology is dead, two I don't think recession is round the corner. I wrote a good post that might have missed your attention it was about contradictions of market in analysing the reasons to sell. It can either be inflation or recession, the opinion has to be validated by facts on grounds, the secret of this bull run is that when this great economy gives mixed signals it is just landing very nicely very softly and very gently. The super hyped guys of the WSJ get real excited with on surface interpretations, if you prod deeper you would find the truth. I hope that we get this political resolution asap, after that we can go for that run to 3300.. Once we reach near 21-28th we will have the seasons of pre-announcements, however look ast this AAPL, so much has been carved out of it that the valuation today is 30% shy of the cash if hte company is liquidated today. Now for this is not a market to short, play short and ride the bastards, squeeze them to the hilt, that what my 'guru' taught me, that exactly i do with art of perfection.. Abilities are none and it is only SPZ options that I play on the short side with great accuracy.. Unfortunately what you guys are missing is that you were still shorting when SPZ had taken out 1300, that day just beofre this small 300 points rally we had this test of 1328 and I wrote that as I felt that 'bears' are goign to trapped, you all missed very ominous SPZ signals.. now if we have this close above 1355 today we are in a new band,. Like it is always good for the marekt to break down it would be great for the market to test 1418-28 again.. NAZ is not a free fall index it is closely tied up with SPZ, if SPZ is not breaking this NAZ would come up,, that was totally missed by you all.. you guys were looking at 2200 I was too but with 1300 in focus,, if that was not breaking or BKX is bid as I wrote amidst carnage I was selling to you my 'put protections' probably around 1288-1298 levels, and the volatility had made these sells the 'juiciest'.. as far as oil, monetary changes are concerned that is history, that is anyway not an interest that short-termers follow..