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To: IQBAL LATIF who wrote (16854)	2/4/1998 12:09:00 AM
From: IQBAL LATIF	Respond to of 50167

WFC I intitated this position at 295 for a good 8% move it closed up at 321- I would like to see this moving much higher as I think with ASEA behind us we may do with banks alright but I also think that profit taking may hurt the market somewhere between 2-4 as we already have two closes above our 1000 level and now with today possible rally on the opening we may see traders booking profits- I will keep WFC trading position stop profit at 316..

To: IQBAL LATIF who wrote (16854)	2/4/1998 3:07:00 AM
From: Nadim Mando	Read Replies (6) \| Respond to of 50167

Iqbal, first let me congratulate you on your read of the market. Right on the money. I have been a lurker since the thread started and personally I learned a lot from your analysis. Since Sep. the shorts have been having there way and had no mercy. Islamicly, selling short is prohibited since the sale occurred prior to the purchase. From Sep-Dec, I suffered great loses during this time when dell @ 70.. INTC @ 70 .. ASND @ 22 .......... for now thank GOD, I recovered some of my loses. I strongly believe the shorts had a great deal of what went on ( ie. Soros in Indonesia and Malysia, where they bankrupted the country and cleaned pockets of poor people who don't have things to eat to begin with ) I went through a very though time, Ah.. the pain. When DELL went to 67, INTC 68, ASND 22, ..... I couldn't take the pressure... I couldn't take the pain.... I wanted to call my broker many times and get it over with.... but for a second, a thought came across my mind, I knew what the game was.... they want you to get sick of your stocks and dump them to help there cause. A dear friend of mine couldn't take it and he got wiped out. Now DELL @ 105, INTC 86 ASND 30 and I feel much better. And GOD says in the QURAN, " and they planed and some of their plans would erase mountains" , " and they plan and GOD is planning for them and GOD is the best planner" The shorts were corrupting, planning, now GOD's plan is going to go through them. For the past three months, After each prayer, I pray to GOD to wipe out all the shorts. by the prophet peace be upon him "Three where prayers would not be rejected, a person whose fasting when he breaks his fast, a traveler until he returns, and an oppressed person where the door of heavens will open to his prayer" I prayed to GOD to wipe all the shorts, clean them out, take away all of their money as HE did to Qaroon ( in Quran: where the earth swallowed him and his treasures ) and many other corrupt people. And as GOD set the physical laws ( a fire burns, gravity law... ) HE also set laws for people, socities and nations. ( where is the soviet union, where is the persian empire, where is the roman empire...) The shorts will get hit and will get hit hard. One of those days, Soros and others will be without money to corrupt other nations. This is what GOD promised us in the QURAN about such people and time will tell. and this is as true as TA I am always thankful to GOD, but when this does happen I will prostrate to GOD for HE is JUST I wanted to expand your views and bring GOD's rulings to the picture Again, keep up the good work and GOD bless Nadim