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

To: robnhood who wrote (37203)	3/14/2001 6:01:57 AM
From: IQBAL LATIF	Respond to of 50167

I expect 1180 to hold and will intitiate a long at 1176 area plus minus two expecting that GE and KM will help Dow so would SOX remain above 600, all that may help a second test of 1`180..my stop loss will be at 1167..

To: robnhood who wrote (37203)	3/14/2001 6:02:35 AM
From: IQBAL LATIF	Respond to of 50167

<<I'm still posting, and so are you, so we both must do something right. <g> >> Russel... we both know it well, the reason 'postings drop' is the near disaster state of portfolios, with all due respect even the keenest of 'bear' has a lot to insulate from these market falls. One thing to continue be chirpy in a bull market when your 401 K is doing fine and one can chide others on 'irrational exuberance', if a bear is doing fine in a bull market, as a spoiler his nuisance value is well maintained. However, in a bear market even the hardest of bears get on to this act of self-depression, they really feel hurt that with all that non-sense their real net worth is now down, hence the huge drop in postings. No way I have ever believed that any of these big bears have ever thrown the entire holdings out of the window, a good investor at any given time has 45% to 65% exposure to the market, if one has none, than naturally SI posting is just a past time, in harder times 'bear talks' have ahcieved the purpose now what more fears they can raise? What happens in these kind of markets, only people with character and firm outlook live to tell the tales. Others will die or fade slowly, that is what happening to huge drop in SI postings, in good times when easy money is to be made all these guys chirp, now the real thing has hit us, it itakes real courage and stamina that you tell your side of the story, so far I have nothing but egg on my face but to admit it is one thing good, not to crow about past achivements, i knoe one thing that my read on macro economics is right, I have a better feel than AG, when he was fearing inflation my whole line was there is no inflation, now he is fighting recession I say there is none, it is just the slow down we don't differentiate between a slowdown and a halt..Now tell me what is this about GE future guidance and how can you miss the fact in face of MOT 7000 cuts the fact that it is one of the finest compnmaies ion hte world. Insatant gratification has beocome a part of our culutral upbringing, we build worlds and detroy them on game boy in seconds, but as I have said before AG should keep doing what he is, don't give in to the 'market makers black mail', let them get it they want sell it let them have it, 1180 and 1080 can be hit even as our friend Ovetus says 975 but overall the market will be an explosive undervalued hunk, I think we will come up fast and once the sentiment is restored, in the meantime we have to admit our failiures that I have been doing very vigourously and still make sense.. I never made 'big' by tech read it was always the 'fundamental read' about the markets, now also I think fundamentally my TER, arms, CREDENCE will do fine.. I do admit that the art of selling CSCO at 45 and getting in at 18 would be ideal, but the intelligence that God has given me has been forshawdowed by foolishness to hold, like Buffet does.. last year at 31 no one wanted it today at 71 everyone is crazy about it, similarly we have a problem at hand we need to deal with it by bringning htese averages down that what I do here every day an exercise in futility gg to bring my average down.. like everyone else I bleed too and like everyone else, I know I will see it through, only a leveraged guy will end up being out of the market when all this will clear, rest of us we will see through it, it is for this the posts continue the saga never ends.. for me it has been as you know not very pleasent also..considering huge amount of 'bear hugs' I get..