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

To: The IB Dude who wrote (39584)	5/10/2001 5:15:03 AM
From: IQBAL LATIF	Respond to of 50167

Dear Zain This obsession and fatal attraction will never stop. Think hard and you will know why these circuses continue on ‘Ideas’ every month. That is my greatest success. The ability to get the required number of clowns to perform is an art that needs right kind of masters of ceremony, the more you get these kind of disturbances rest assure that every thing you are saying has some bearing. Non-sense has no buyers and non-sense loses control fast and is abusive and disruptive and self-promoting. If these are the symptoms of their post it is just best to overlook. Have you seen me addressing any post to them in last one month, just ignore them you will be a richer young man. Re-collect your energies and look at the positive things happening in your life. Just move to ignore them like I have done. I have seen all your posts; I don’t really know why they are fatally attracted to me, that is my biggest success Zain. Ignore them, and work hard on your research and tear down their intellectual composition like I have done for last couple of years, the doomsday that never came, the market that jumped from 1480 low on Comp or 1080 on SPX rightly pointed out by you. I know we are 1800 points higher on DOW from lows and only few hundred point off the highs we made the money on the way down picked a lot of stuff at the lows making money right now that is the name of the game. The combination of covered calls and selection of puts on 40% of your portfolio is the best strategy until the dust clears. A further addition can be to buy some call on stocks that are not very volatile and in case of a rally even if 30-40% of your out of the money call stocks are called your long calls may help you to better gains. ‘idiot does not listen’ if idiot listens idiot will not be a idiot will beo ne of thousand of normal posters, to be an idiot one has to be different.But a greater 'idiot' is one who comes and listen to this idiot who does not listen.ggg I understand your point of view however, this is a useless discussion and the whole argument is that the ‘idiot does not listen’ hits at the very heart of the issue. They want that I should listen to them, one tells me that BRCM has to be shorted I miss that post or I don’t give that poster a due importance for reasons that when I see a permanent mind set that clouds an opinion I would not like to work on such opinions to be basis of my judgement. For my portfolio I have the right to decide what is right, but to be pissed off for that is unbelievably childish. The other brings new coinage that is unheard off, both have similar agenda a recognition for their toil, bereft of that out come the knifes and the abuses. If I consider a person not equipped properly to analyse a broader picture such a person would not let me act on his advice even his may be a elixir I would rather opt for poison chalice by someone who I consider to have a birds eye view of what is happening in the world. It is hard for you but for me this is the best of the appreciation. This is fatal attraction at its best, I have been ignoring them for last 30 days you do the same thing, and you will be no less poor intellectually. In life hatred burns the carrier love conquers all. Think of your mind as a place where you get stream of information and then try to analyse them independently without any inference of your own particular set of conditions. That is how you will succeed; if we are long we need dynamic protection for these high volatility days if we are short we should see the areas where we need to cover in a falling market. This is the essence of the market. I thank you for your intervention it was good for you to know that life does not offer anything on the platter, to construct a thing you got to work hard and in the process every great construction have far greater faults than something that never achieved its graduation from theoretical state. Investment is about putting your money where your mouth is, and anytime in life if you feel bad after losing get out of this business this is not your cup to tea. You and you alone are responsible for your profits and for your losses. The very reason that they are pissed off that why I do not regard their opinions as ‘important’ shows you the dilemma they are in. The lifelong struggle for recognition, however let me tell you there is no recognition, if you make the best of the calls, next market day is just a another day, your profits are what is left of the nice memories and your losses the ugliest of the scars. The reason of their utmost hatred for me can be seen in their posts. They have not been able to de-rail my free mind and will not be successful this time around; lets get back to what we do the best and try to win this war at these levels. They read me and come to Ideas that shows how do they rate me. As far as we concerned markets are our obsession, fatal attraction of theirs will find its way to gutters of SI soon, many have tried it before and have failed. It is very depressing when a self styled great man finds no one listens to his great thoughts, no thoughts are ever worth listening, these things have to be independent and original, that is what you have seen on Ideas so far, be original, don’t think the way street thinks and even if you are temporarily wrong, you will find the market will come back to your levels if your basic assumption are right. It was lack of discipline that we were long at 1080 and they were still looking for that break below, but for someone who never owns a single stock this is just fun for us it is our business, but they don’t mind interfering I will let them do what they want but just never reply them, that is my strategy I will win they will be ultimate losers. That is what distinguishes a winner from loser, be positive look at things as progressively developing, the world never ends we all are indispensable. The myopic thinking to see the end of the world is the root cause of basic struggling minds but I tell you that geography play a very important role in defining events. Sometime good education and lack of exposure to the world is a guaranteed ticket to faulty outlook and analysis, they are prisoners of geography, they have never seen the world they may have literally but living in what we are blessed with a world that is progressing is difficult to imagine, that is what you refer to ‘inner city’ tendencies and childhood background that imprints a kind of revulsion from progress. The thinking goes like this ‘If I had become what I am today paying my dues why should others get it easy.’ Once this mindset is developed, we get into our ‘cocoons’ and never leave them. This is the mindset you are looking at, in such a case a victory albeit on paper look and tastes sweet. Your posts are denying them that pleasure the pleasure of thinking that how correct they have been. If you deny opium from a addict he will become aggressive, you denying them that pleasure of boasting what was so far a addiction for them. Although they never post daily and most of their great posts on the markets will be in private but that great feeling to get a kick out of a call, is the addiction far greater than the coke these young kids get into. Beware of addicts of success and glory, they will be your worst enemy, I distil their coke they will never like me. Keep moving child this is what the world is made off their are no free lunches.

To: The IB Dude who wrote (39584)	5/10/2001 7:30:17 AM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 50167

Zain, Even a fool can teach a wise man, but even a wise man cannot teach a fool... learn, leave them behind, and continue to grow..... GZ

To: The IB Dude who wrote (39584)	5/10/2001 8:58:18 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

Notice these things very carefully, the green offshoots visible in the thicket of reports..<The NAPM index reached a ten-year low in January, but has since begun a weak recovery and stood at 43.2% in April. Although the level of the index continues to suggest a significant contraction in manufacturing activity, the direction of movement indicates that the pace of the decline is decelerating. Thus, we are now on the long road to improvement. This spark of optimism is reflected in other indicators as well. Most tellingly, the inventory to shipments ratio for all manufacturing industries peaked in January and has since begun to decline. The current downturn in the industry has primarily been an inventory correction. Manufacturers originally began to reduce production in response to a rising inventory to shipments ratio last summer. With this measure now beginning to improve, production cutbacks will begin to be curtailed. Industrial production of manufacturers has also begun to improve. Although the decline in year-over-year growth is accelerating, more tellingly, month-to-month comparisons have begun to show some improvement. Month-to-month growth bottomed in December and was actually positive in March. Although it is very likely that March's encouraging result will not be repeated in April, it does support the NAPM index's suggestion of a slowing decline in manufacturing. >

To: The IB Dude who wrote (39584)	5/10/2001 9:25:06 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

Dear Zain, Ideas thread and market are co-related products, the emotional out burst on the Ideas thread and its quality of traffic is directly proportional to the background coiling action of the charts as they coil further along and the shorts feel the squeeze. On the other hand its deterioration of the quality is inversely proportional to the rising growls and abuse of the bears as they are done and dusted with. Today is a day of uncoiling of that action as a result of fundamental anomalies priced in the market in such a case quality would improve and painful growls and abuse would drop. These growls would re-appear as I told you so as market makes a steep retrenchment. You got to learn to live with it.