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To: IQBAL LATIF who wrote (18574)6/10/1998 5:30:00 AM
From: island mutt  Respond to of 50167
 
Iqbal,
I think you would be pleasantly surprised if you knew how many people
there are who read your posts on a consistant basis. I post very
little on any tread as I don't feel I have a whole lot to offer.
I believe that a bunch of the old timers have gotten beat up playing
options on the techs. Money managing is the toughest thing to do
in the marketplace (very similar to Vegas!!!). I, for one have slowed
down due to a couple of bad months all in a row. This month has been
much better as I went back to a couple of stocks I have been trading
for 3 years and have repeating trends. Please don't get discouraged
about the "silence" as it has to do with people having fun when things
go their way vs. angry when they make wrong decisions. I haven't
missed one of your posts here since last Feb. You do a hell of a job
making some sense of the ups & downs. Had I followed some of your
downside cautions, I would be many bucks richer right now. Sometimes
you get burned when you hold on for that last point & then ride it
all the way down to nothingness. Things will turn and the ideas will
return.

God bless,
Mutt



To: IQBAL LATIF who wrote (18574)6/10/1998 7:06:00 AM
From: Lee  Respond to of 50167
 
Good Morning Ike,..Re:<< the most important factor is interpolation of global movements and macro-economic fundamentals on to chart and establish a bias. >>

I agree and every time I take into consideration the macro-economic fundamentals and consider the strong growth in the US economy, combined with Tyx at the lower end of the trading range, this tells me that we have to move back towards the 6.1% area. Yet, external to US economic considerations, US8U is up ^16 ticks this morning apparently from 'flight to quality' buying. This is the same external influence which sunk my trading from Sept through Dec/Jan.

What might alter this scenario? Mr. Greenspan obviously cannot raise rates if we consider that the markets are now more globally oriented than ever before. And he certainly cannot lower rates since the US economy doesn't seem slowed at all. Worse yet, now China and Hong Kong are feeling the effects of the strong US dollar in their region.
The only good news is that Abby Cohen remains bullish for earnings. The strong US economy hasn't escaped her attention.

Thanks for all your posts.

Lee



To: IQBAL LATIF who wrote (18574)6/10/1998 9:48:00 AM
From: Investor2  Read Replies (1) | Respond to of 50167
 
RE: "Yes, I concede that this thread has very few contributors and declining in number ..."

I'm out here every day, but often don't have any wisdom to add to your great posts.

Best wishes,

I2



To: IQBAL LATIF who wrote (18574)6/10/1998 4:28:00 PM
From: Al Serrao  Respond to of 50167
 
Uncle Ike, I still read your posts every day. Always get the best big picture and little picture on the financial landscape every day. What more can you ask for. Stay well Uncle and hope your boys and wife are doing well.



To: IQBAL LATIF who wrote (18574)6/10/1998 5:24:00 PM
From: robnhood  Read Replies (1) | Respond to of 50167
 
Hi Ike, I just want to comment on how you pointed out that the spm's couldn't make it without comp and sox... Today was a great example ..
good work, russell



To: IQBAL LATIF who wrote (18574)6/10/1998 6:37:00 PM
From: Chuck Molinary  Respond to of 50167
 
Iqbal,
Yes, we are still here. The thread has gone a long way towards educating and enlightening many people across the globe. Even, if the thread were to disappear today, it will have been a great success. Fortunately for us all, your "great experiment" continues....

The names and participants will change from time to time but the purpose remains the same.

Ike, summer is nearly upon us (happily for those of us in the Northeast). Do you have any North American travel plans? Is there going to be an Ike Tour '98? I, for one, would love to go back to the Four Seasons!

Always here, not always vocal,
chuck