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


To: IQBAL LATIF who wrote (20916)10/16/1998 2:36:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
I have been after writing about potential move up of the market have been taking a back seat and was waiting for my positions to work, now with GE IBM NOKA MSFT and 12 other positions solidly up I just don't know what else can be written on this thread-- this thread dies down when bhumbo comes up, I am lone voice on SI which has firmly taken rational ppositions all along, I have been very vocal and the reason being that these selfstyled experts who claim to read markets are people who hesistate to buy a single share.Idea stands for encouraging a rational positions picking up stocks at right time and making real profits within days. we get these opportunities on and off but I wish we could pull the trigger when the blood is all around,..

Time and time again within a bull trend.. I refer to dates I refer to incidents, like composite drop and bond drop were two clear signals of a bottom of this bear market it is sad to see that 'charltans' who were doubted my touch saw on LATAM $ ASEA and HK that practically every one of my prediction has come true-- and nothing is better than success and I feel good and great about this yesterday move-- tightening the screws on the bears and voodoo charitists up down and nowhere guys is a fun.

Markets does not belong to these voodoo chartists and prophets of doom who have taken cyber space in SI as a effective way to spread gloom, call for their statement of accounts and call for their trades most of these guys are characters who have lost money and try their best to mislead the simple guys who try to find reason and balance, one don't of the market is don't do what everyone else is doing- these guys grossly break this rule the moment I will see these guys long my timer will tell me that time to reassess, some of these guys wwere short during this composite move from 1475 to 2020 full 600 point move, now a test of 1320 was a clear indication to go long and instead we saw puts being bought at that level, Idea thread was selling puts and buying nifty stocks at that time...

Now markets move in stages and yesterday move for me just a move towards my 10th Oct target of 1130 -- if 1675 on compposite is taken out I will think we may move upto 1150 otherwise I will closely watch a close above 1610 twice one was yesterday other will be today, without this close up we will not go anywhere but stay within a range 970-1030, my bias is that inbstead of finanacials, Techs will lead the way... buy at 1030 support and sell at resistances will be my strategy 1130- my levels are clear and like last 19 months time and time again on global and local markets this threrad will show the real picture not the voodoo picutre, today the puts bought at 950 are worthless but rest assure they will all say in unison 'we got out'-- no way to get out when announcement came, the pits were innundated completely with the orders on options and put premiums were all dried up, no better punishment than this to deliver to the naysayers, the orders between 3.30 and 4.00 could only be executed on best fill basis but whatever happens these 'characters' will stay to promote confusion on SI, the only way to answer them is success .. I assure you that this thread will astonish them and grease the bhumbo lethally to show them the right way that is trend is your firend within a bull trend don't stand in front of the market.. we are almost back up NOKA was at 80 and IBM 132 MSFT and others were showing great run and me just siiting and watching and counting the greatest run of my career, what a way to celeberate success after big bond run I am happy to see the equities coming back up---- my stock today is COMS- SEG---



To: IQBAL LATIF who wrote (20916)10/16/1998 6:34:00 AM
From: Helen MacMillan  Read Replies (1) | Respond to of 50167
 
Iqbal- Good morning. One curious question-Why has the Pakistan market dropped 8% today?
I would also like to know more about the cross currencies that you watch. Globex 2 has BP/DM, DM/YEN. What do you see when you look? I need the scales lifted from my eyes.If possible, refer me to some good readings. I don't wish to impose too much on your time as I am grateful for the time that you already give to the thread. Regards-Helen