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


To: Condor who wrote (36402)1/17/2001 10:45:41 AM
From: JDinBaltimore  Read Replies (1) | Respond to of 50167
 
My Dear Condor,

There is NO such thing as a "Trader". You are either Long or short a position based on opinion/analysis/post on this thread or whatever! And... Based on the selection of sides your bias is slated. You are naked betting the trend Bullish/Bearish, You are covered protecting positions Bullish/Beasish. BTW I've been a bear on PSIX since March from 47-6 starting with a 4 figure option position, and ending well into 6 figures, in and out 9 times, and never LONG once.



To: Condor who wrote (36402)1/17/2001 11:16:56 AM
From: IQBAL LATIF  Respond to of 50167
 
Condor...<<, I took 200% out of PSIX in the last 2 weeks sold out at the close yesterday>>

I am called number 1 bull on SI a credit that I boast proudly, in last two months I have played this BRCM thingie 7 times buying at lows and selling at top, just got out of it seventh time with my core postion intact my average cost of BRCM is 17$ on my books and my average cost of NOK is 7$ but being a bull is what this market is all about,I cut my priceist pound of flesh from the nicest of the 'bears' location without a drop of blood of sign of pain. I am still no Sherlock, this is the best market for the bulls enjoy it, the fools out there are ready to give you what ever they have in last few months on a platter, just buy 50 SPX options for March contract below 1287 sell them at 1254 and if that does not happen get long IIX above 1355 two closes, you will do well, I have seen these guys the last time they ever made a long trade was in 1997 on IBM they were not sure as they had never ever traded a stock, these are today our market fortune tellers, so with a bit of smartness just get the best of cut and I give them the most unkindest of it.. have a good day.. just make yuor averages down make money which ever side the market moves but always be fully invested and trade hedges that is what the biggest bull on SI has to say the others are bleeding and lets have this 1342 out and you may see the 'dance avec les loups'..