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

To: J. P. who wrote (20659)	9/24/1998 3:07:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Idea stands for Exposing 'voodooo art'- I know it well it is all lies--- Last night I pegged a level on Japan 14200 and there where it is right now, that was my precondition for rally to take out 1080 cap-- In my opinion Clinton affair, Japan woes, Latin American issues and ASEA all have to taken into consideration but once market corrects to a good level we prize these uncertainites in automatically. Most of the time issue remains that we keep loooking for levels out of habit like if you keep calling short trades it becomes your compulsion, if markets were high for you at 5000 , the idea of DOW at 7000 or 8000 will never sink in- it is this most of the short guys are unable to trade in the market, they are stuck with a particular thinking-- yes the market is fluid but it is shame I see that two times in last week were the finest oportunities to make huge profits both the times, once when we had a move from 970 to 1027 and other when we moved from 1039 to 1078-- both moves I nailed to the last point with the help of the pits and both the moves were wasted- on Monday when I got out of my 1030 puts at 51$ the market was at it worst the pits just told Ike 1000 will hold imagine what these SI charaltans voodoo technicians were doing here- these guys were making people short at that level- 22nd Sept again when we had the best possible simple configuration to rise these ice cream sellers and humburger joint owners were spreading deciet and shortism on the threads-