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

To: Nemer who wrote (17874)	4/11/1998 2:33:00 AM
From: IQBAL LATIF	Respond to of 50167

I am flattered by your generous remarks. Thanks. I think shorting has never been a big deal and as such needs no extraordinary skills. I believe that real fall will only come if basic fundamentals change so far at 985 if it ever reaches, we will have more buyers like 850. Unfortunately at 985 these shorts will searching for that delusion of 5200 on DJIA. From 770 breakout these shorts are calling for that big debacle which unfortunately has alluded them so for.I have seen this from the day I started this thread. My first call was for long CISCO on 30 th April as someone was pounding on some other thread to short it. Remember that most of these self styled gurus have been shorting BKX at 690 it is now at 860. SI is great one can miss opportunities and still trade. I know one thing if in actual life if one is so much off the track, he would be out of business. Margin calls will eat up his profits. A double close below 1810 and a single close below 1792 takes us to 1755 area on composite this correction will translate into a break of 50 days MA on SPM. If we don't break these parameters we go higher from here. OJ is right we will come to know of our direction post \INTC. Like always our necks are out to be chopped. No if and buts the lines are drawn on INTC.