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

To: J.T. who wrote (40311)	7/23/2001 9:08:19 PM
From: JustTradeEm	Read Replies (1) \| Respond to of 50167

JT, I agree with you and find it sad that certain individuals would rather destroy a thread than simply ignore it .... I also find it sad that Ike would leave SI to associate with IHUB and basically leave this thread to those who would destroy .... JB

To: J.T. who wrote (40311)	7/23/2001 10:52:15 PM
From: Stoctrash	Respond to of 50167

OT JT... He made his own bed. ps. and the market isn't going to zero either I look at the fundamentals and the charts and they all suck right now. Maybe it turns tomorrow and the bull roars, maybe not. I wish you well & good trading!

To: J.T. who wrote (40311)	7/23/2001 11:37:25 PM
From: banzai11	Respond to of 50167

JT, I am not sure what it is that you say that I am wrong about. The main thrust of my post was that Ike appeared to be posting using his son's user name even as he and his son were claiming that FredE was on "ignore" by Ike. While I cannot prove this to be the case, the style of writing in various posts ostensibly by Zain clearly suggested that the writing was not by his son for the reason that I stated in my previous post on this thread. The most pathetic part of this entire dispute between Ike and FredE is that it had to do with the likely direction of the market - Ike thought we were headed higher and FredE thought that we were headed lower. This is hardly the type of momentous difference of opinion that would necessitate the type of venom that Ike displayed in his various posts putting down FredE. I have never met Ike or his family and I am perfectly willing to accept that he is a fine person. Clearly his sons seem to be quite accomplished in terms of their achievements. My comments are limited to what I have seen on this thread with regard to Ike. I know that you have had a long history with this thread and you should be aware that there are many people that participated on this thread, who were welcomed by Ike, praised by him for their skills, motivation and good intentions. In almost every instance these individuals have ended up alienated from him because he has taken umbrage when they took issue with his opinion regarding the markets. Go back to the early days of this thread and see how many of those who were active on this thread continue to contribute or participate in the discussions. Ike, despite his lip service as far as welcoming differing view points, just does not like people to challenge him. The most recent instance was Options Jerry. Look back on the genesis of their differences and you will see that it begins with Jerry questioning the validity of Ike's bullish views on the market. Thereafter the relationship begins to deteriorate and finally it comes to a head with Ike disparaging Jerry because he charges for his advice. I am flabbergasted that Ike would have the audacity to question Jerry for his decision to charge for his advisory service since this is surely a decision that is of concern only to Jerry and his subscribers - and SI Admin, if Jerry violated the TOU. Ike has no business sticking his nose in this matter. As far as I could see Jerry did not make any attempt to actively solicit business on this thread. But Jerry is just one other casualty in the long list of people who befriended Ike on this thread only to find that they had offended him down the line. Jerry's case is particularly sad in that I know that he has been one of Ike's defenders over the years. I have been given to understand that Jerry was helpful to Ike and his family in a very personal way not so long ago. But at the drop of a hat, Jerry who was invited to spend New Year's eve as Ike's guest and who was referred to as "Uncle" by Ike's sons gets discarded like yesterday's newspaper. Finally with regard to Ike's calls regarding the market, he has made some great calls and some lousy ones. His call to go long near the bottom during the Asian crisis was one of the better ones that I have seen made on SI but his failure to see the impending bear market and his premature bullishness during the recent decline was one of his more remarkable failures. I do not blame Ike for having missed the top and for being early in calling the bottom but I do question him for his ostrich-like behavior in sticking his head in the sand and ignoring what the market and the fundamentals were telling him. Let's face it - if one had gone along with Ike's timing when it comes to investing in this market since the top in March 2000, one would have ended up with a devastated portfolio. Ike may hedge his portfolio and trade umpteen times a day to improve his portfolio performance but that is not the thrust of his recommendations on this thread. You say that Ike is an optimist at heart - so am I. But there is a difference between being an optimist and living in a fantasy world. I have complete faith that sooner or later we will see a market recovery and that equities will come back into favor but I, for one, would not be willing to commit a substantial portion of my capital at this time. I hope that you do not take this the wrong way and I certainly don't intend offending you or anyone else. I am sorry that Ike has chosen to leave SI - but he has left for the wrong reasons, IMO. I always respected him for not going to a moderated thread but inherent in such a decision is the likelihood that there will be those who disagree with him and sometimes doing so vocally and not always in the most polite terms. If he has indeed left the thread, it is interesting that only recently, he was less than complimentary about others who left the thread or SI for their reasons. You say that he will return to SI when things settle down. I am not sure what that means because short of having a moderated thread, there will always be those who disagree with him and choose to express an alternative viewpoint. FredE may move on but the great thing about a community like this is that there are a disparate group of people, some who are astute and others less so, some who are implicitly polite and others who less so, some who are constructive and others less so - but it is this very diversity that is the strength of SI. I suspect that if Ike were ever the leader of his country, he would be a benevolent dictator - not repressive but despite all of his protestations not one to welcome dissent unless it is quite muted. Good luck