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


To: vegetarian who wrote (14154)11/13/1997 1:19:00 PM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
M.Carter- Bwitch- Thanks for asking about me- I was working hard today on some regular stuff- markets I think have very nicely come back from a catastrophe last night- I remain as always positive and believe that we are somewhere going to find a bottom- I don't think there is much left on the down side for some the party has just begin- my last night puts will remain in place until tomorrow lorning just in case if Japanese package is an anticlimax- I was buying heavily and will use all my resources if SOX comes to 250- I am very contented to get into TXN at 94 my first purchase was around 132 - I think some of the stocks may be useless for some these very stocks in equally deprssing surroundings have helped me last three years and I am pretty sure we will see it again.

I just don't see the kind of margin threats on corporate profits people are talking about- for me I will go upto present 65% to 85 to 90% in couple of weeks- the market bottom is diffiult to find but ocassions like this are good to add- lets see ?

I will take care of any down movement with some Dec puts but by tomorrow I will get out of them if Nekkei gives me a good signal toninght.