To: The IB Dude who wrote (39072 ) 4/17/2001 8:10:20 PM From: IQBAL LATIF Read Replies (2) | Respond to of 50167 On test of inter day 1179 and close of 1191.53, <Tuesday, Apr 17, 2001 11:36 AM View Replies (1) | Respond to of 39088 1181 may be tested in this round and retest of 1192 on cards probably> I was off by 2 points on that test of low and by some .47 points on close, however a nice day overall, just keep watching, for futures contract add the prem on cash price, and give some room for your position to breathe. One small counsel never ever get carried away when met with success, futures will be up and down, this is our business. In business maintain a sense of 'pride' and respect towards markets, the markets hate arrogance and bury such characters hard. The futures are made for these clownish moves up and down. We as private small traders are trained to focus, the other advice I want you guys to know 'trade within our levels and within your limits.' A temporary short is a treat to watch but a 'hardcore short' does not have staying power, he is basically angry with the whole world, good news for him are bad. It is he who puts a spin although claiming to be worried about jobs, but he likes to destroy millions by killing the markets and the economy for the sake of his shorts. In the end no short has ever been a Buffet or Gates. We will move on and tomorrow is another trading day. In our trading world of futures and dynamic hedging with core positions fully invested, every morning is a fresh start. Just forget how good you have been the previous day and make a new trade with an open mind. Take pride in your calls but be prepare for the next morning. Never associate with noise, be firm and respect your levels they will in turn respect your stops like magic. Keep your head upright, be honest and don't take positions in private ever in life, do what you say and accept your bias if economy is alright accept it as 'longish bias' and if it dying 'go short.' 'Neither here nor there' can be good for amateur postings, but once you search your inside, you will know that you lack substance, learn and keep an open mind. Never get worried about what people have to say about you, test your outlook with facts on grounds, you may be in minority like I was but ultimately one fine morning it will come back to your levels. Honorable, decent man in trading world has only one honor to protect that is 'his words,' that is something worth dying for. I am proud to train you now how to swim in the world of trading, enjoy your cricket and your young age but this preparation will take you a long way. Shun arrogance when you are gifted with intelligence, never forget your roots and poverty that strikes millions in our part of the world, keep your focus on markets on one hand and good deeds on the other.