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

To: Sonki who wrote (18848)	7/8/1998 3:50:00 AM
From: IQBAL LATIF	Respond to of 50167

Sonki- I am careful to couch my recommendations in a careful manner as not to hurt sensitivities,I term this as kind of repsonsible attitude only to highlight a trend. When I feel strongly about a position like the bonds or JPN or on last Friday go short on break of 1900 for a quick ride to 1892 that is somethng I have much more a proprietry feel but against Kurlack it has always been a very difficult ride, I could see his trooops pouring in money, who else could be putting so much in INTC and TXN when the market was going doen. Moreover TXN loked ugly when it closed below its 50 days MA . For me to openly suggest my longish bias on SOX and Techs and reaffrimation of my shorting only below 228 or 337 on PSE was the best way to put out a recommendation. Lets see if we can see this 255 on SOX to be taken out or if that turns out to be a formidable resistance we will try to work out and take the cue from composite IIX and other global index. I was satified that IIX suggestion to Jack with a benefit of hindsight turned out to be so timely. This is what a thread is all about last one week few messages but outstandingly gratifying. We catch the right move and the best is we have a global scope, this niche of ours needs to be refined and taken to new levels of precision. The consistency part of posts in up or down markets in my opinion determine success of any interactive thread, the jury is still out if we are on top of it, but number of suggestions I get nowdays are very heartwarming. Glad you were on board, but don't stick with any of your long position if 228 is taken out.