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


To: The IB Dude who wrote (36316)1/10/2001 9:07:29 PM
From: jtech  Read Replies (2) | Respond to of 50167
 
Congrats to your father as he can have such a nice dinner as the world waited on yahoo earnings. Do you happen to know what kind of fine wine he is drinking tonite as I feel like celebrating also?



To: The IB Dude who wrote (36316)1/11/2001 12:10:28 PM
From: IQBAL LATIF  Respond to of 50167
 
Ray Smith 's <<1318 out, good call. See stocks like Msft, Intc seem to be forming a nice bottoming pattern. Will be watching 1328.>> and my call of last night when you called me <<His bullish stance on the market has remained unwavered even with YHOO earnings.

He asked me how much futures are down on CME. When I told him it was down just 3.5, he remarked that IIX and DOT recovery may suffer shortterm, however SOX shall and will compensate. His personal opinion is that if 1300 holds tommorow on the opening, he will go long. >> can now be backtested, although too early but never ever be confounded with adervsity of the market, never let your judgement be clouded by those of so called market analysts, nevr waver if you are sure about basic story and last but least never pre-celeberate, in life son S&P futures rule the market action, anything else after earnings is immaterail and sometime they try to trap big, that is one other lesson.

Pre-mature celeberation of so called short trades is like pre-mature ejeculation, unsatisfactory for the parties in action, one can only be pregnant with hope if one has long term basic view correct, on that account I think story evolving here is just good, lets see when our levels are taken out, work with levels and never loose the sight of the big picture.