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

To: Stoctrash who wrote (37514)	3/26/2001 11:31:03 AM
From: IQBAL LATIF	Respond to of 50167

Fred.. . I sell nothing to my thread, I have written so many times that I have been wrong about this decline, in last four year BK guys got it all mixed up but the BK was always anticipated. I trade off my fundamental view, last March I was hot on Brka or mO and cool on NAZ talking about the big divergence, I was long NAZ stocks after a good correction but went in too early paid a price but kept my believe that I can make it, I have always preached sensible trading to my ownself, only long leaps or calls or stocks that i can afford to buy form cash not leverage shorts or leverage long! I like to be fair and do not want to cvarry this image of not being able to eat my words, who I am not to do that!! I only bring hte facts that you guys think are not important like recession without association of 'macro economic fudamentals' yuo guys do it all the time and can be worng or right the iossue is open debate, I think that is the whole point here.. Imagine even a bear like Lehamns were invested 60% in equities, so in decline every one is invested like me, thati s what i think, if we get whipsawed and unable to time we can be in a big trouble first to end up paying to Uncle sam on capitals gains second to be out of the game..Idea thread is basically a thread that deals with investors who have exposure who come to see and check if the world is coming to an end or not.. with a low of 9108 and now 9600 plus we see through the dips and are not impacted by the sound of the weeks,,,.that is the purpose.. protect the core.. that is how i manage myself may be you do it differently that i respect.. Trading from my fundamental view has not shown that recession that you all talk about is in the making of-course the recession of technology on which I was hurt hard did come as a surprise but the way was to keep the effort going, after reading my thread and reading my various articles orp osts on egg on my face I fail to understand that why do you think that I will not admit my mistake, rather it is so entrenched that it will never leave me.. An issue has been made out of my bullish views, this thread has posted all through this decline levels that need to be broken and supports or resistance's for us, I see no reason that I need to do anything other than that. I think even on thursday when everyone was so panicky i was clearly writing what was on hte way up a resistance and what will be the support and when a long trade can be carried and when the short trade or put options have to be cut out..I only try to contain my damage and bring my average price of the portfolio near to the market, that is my whole effort to buy some puts get out of them and buy from the proceeds some additional shares of companies that I like. AND take advantage of dips to get into my stocks that I wanted ot own but could not??