To: Irene Lynn who wrote (14409 ) 11/16/1997 9:01:00 AM From: Nayson Khoshnood Respond to of 50167
Great Tt was found with no clothes-Ike cannot be decimated, we are not here to listen to denunciations, we are here to see what one has to offer, people who were openly making fool of SI have put their hands in hornets nest. This is how it started, TT attacked Ike when Ike made a genuine points about how Bearx and SPY are losing value, instead of replying this TT guy went for his jagular and the 'Tech Stock Option' crowd hailing this trader was all over us. Now I will see who has the honesty and how they fool people with trades which exist on a piece of paper. Like you I am lurker and have seen Ike from near but now it has to be sorted out and this guy will learn today not to wirte about trades he never does. Once before Ike was subject to similar torture now these guys wanted Ike suporters to keep quiet so they usurp this thread, they were wrong only 3 days of their mail was enough to show everyone the true colour of TT- go thru his mail it is all backtrading and paper trading - we at Idea would need his broker name and if we are wrong I will pay him quarter of my wealth a full 15,000$ reward. He is not going to get away and this time we take it to the nest of conspiracy. The tradition of Ike defense was started by very person who condemn him today- Who went after Beach ? Who went after JT, Who made the doll? both of them now good friends of Ike, Ike refused to be 'grandfathered' rather 'grandmothered' now they are after him a bunch, last time they learnt difference between cash and futures this time they opened their mouth and the great trader was found to be wearing no clothes. Now leadership in conclave will exchange e-mails like TT did before attacking Ike but they are paper tigers with 75 $ identity tomorrow he will very well apear as 'Jack the ripper" . What honesty, he talks about one day he is TT tomorrow Jack the ripper Ike may have made thousands of wrong calls but who else has been told practically every day of his faults. The battle has just started Ike comes back tonight but before that this thread will be cleaned from these paper traders- his broker number to clear his S&P trade of 12th we are human beings and cannot be expected to be taken for a ride unfortunately due to Ike magnimity it has lasted so long. Going for' Jagulars' Ike is too polite to use these words but ants have no jagulars. This is how it all started our thread was trampled by this guy last night, he planned his move but fall in his own hole. To: IQBAL LATIF (14254 ) From: Tom Trader Friday, Nov 14 1997 2:59PM EST Reply #14255 of 14409 >>I don't think so- It is the longs who were shorts. I am not sure that I really understand the thrust of what you are saying -- but if what you are saying is that those who were smart enough to be long thru the major bull leg then reversed their stance to go short at or towards the top, I think that you are being disingenuous. I will elaborate if you would like me to do so. >>Sorts are still shorts and waiting for the Big K the 500 point drop. I am sure that some shorts are still short just as some longs are still long, so what does that prove?? To: Tom Trader (14255 ) From: IQBAL LATIF Friday, Nov 14 1997 3:22PM EST Reply #14260 of 14409 I think every fund manager I know run positions on S&P like buying out of money put options as low as 870's and 880's when market was 970- this is known as hedge - hedge funds are specialists in these situations taking advantage of voltality- you have raised issue about phenomenol profits of bears but where are they you keep emphjasising on these profits of bears but look at 'bearx' why it is so that the fund seem to have lost money on drops and now- I have beenfollowing its evolution by your reasoning that fund should have been at its highs of 896 but on the worst day it was down to 786 moreover SPYs why didn't they touch the lows set at 72's-you could got have shorted them on tuesday for as high as 92 when SOX was languishing at 278= now that SOX is at 295 look at SPY's in a falling market they loose money and same for rising markets. You can keep disagreeing with me but I know that all these shorts were paid by someone and it was not longs-If shorts would have made money 'bearx' short standard bearer should not be languishing at where it is- for me when long positions are battered you see it in the stock like wise short positons are clearly visible by valuations of standard bearers and that is what I think is an anmoly- what is this kind of bear fund which does not make new highs in a 30%-40% correction of techs. To: IQBAL LATIF (14260 ) From: Tom Trader Friday, Nov 14 1997 3:49PM EST Reply #14267 of 14409 >>You can keep disagreeing with me Iqbal--I disagree with you when you state things that are not correct. You can cite all the information you want about fund managers and hedge funds and so on. I once told you that my approach to investing/trading is very simple -- I don't look for manipulation and hidden meaning and what not. Why don't you look at the reality of what has happened to individual investors and those who have followed YOUR recommendations on this thread--especially those who have gone long technology stocks. I remember that you often used to reference your previous links when you were right on your analysis. Well I think that you should go back and post ALL of the links and show everyone how completely WRONG you were about many positions that you initiated/recommended. To name a few, just off memory--INTC, AMAT, TXN, CPQ--though I am not sure about the last one. Anyone who followed your recommendations would have been DECIMATED. You and I got into exchanges re INTC and what management said and meant--and you know what INTC has done since then. Please don't misunderstand me--I think that you are very courageous in stating your point of view and recommendations--but I take exception to comments that you make that are at best misleading and at worst almost delusional. For example, your comment some time ago that it is the bears that are "bleeding"--a patently absurd remark, if ever I have heard one. Even the ever-polite Mohan--had to take exception to that statement. It is an inevitable part of trading to make wrong calls/trades -- I do it all the time and when I do, I cut my losses and move on. What I don't do--which you seem to have an extra-ordinary proclivity to doing is to insist that you are right, when you are patently wrong. I recall not long ago that you felt that the 16000 level on the Nikeii was critical--now that we have pierced that --- it is the 15000 level that is key and if/when we pierce that it will be 14200 and then who knows what. I want you to know that it is rare for me to get into this type of exchange with anyone--but as I have read your postings-- constituting almost denial--I reached a point that I just had to say something. I am sorry if I have caused you any offence--it is not the intention