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

To: steve susko who wrote (20923)	10/17/1998 6:56:00 AM
From: IQBAL LATIF	Respond to of 50167

Steve-- OT-----------You just don't get better than this---- you were the lucky guy who asked me amidst gloom and compare this with self styled 'gurus' what they were saying, they were practically ignoring every fundamental and I know they don't know anything about these markets and I challenge them openly because I want innocent people, people who are old and are looking at these posts with shock exitting at wrong time, where is that Jerry favors the guy who goes on 300 years record, his record and his performance is pathetic so is Accompora, we were all the way going down with trades and came all the way with long trades this is what trading is all about not one way street.., My thread is a oasis where these hurt souls come for solace and reality check. I try my best not to let my readers fall fall in their losing trap, they are out their to spread confusion I am out to analyse go behind the news and find what is moving the markets. This battle will go on, new attacks will come but I have commitment to expose these charltans with best of my ability, for me if 18000 are shorts one thread which is long has every eason to be vocal and clear moreso when we are more right than wrong.. hand they have nothing butwhere are we heading, now compare this with what happened, it is like a magic script this is the reason I go back to my posts, feel good about them , highlight them and take full credit of them.. I am back in Swiss and soon will be able to post more regularly, To: +steve susko (20816 ) From: +IQBAL LATIF Wednesday, Oct 7 1998 3:27AM ET Reply # of 20924 Steve- Unlike predominant bearish sentiment being patronized by most of the people on SI I take this credit with my few friends on Idea thread that we have maintained that fine line of analysis where this bull trend from 600 to 1200 over last few years have been treated in context of macro economic realities-- now I don't know about the run of the market but in hindsight our opinions on Japan CAC DAX all look great-- yesterday before Europe opened we locked in long CAC future positions I would think that Japanese move today is first harbinger of unlocking of sure short winning derivatives- that is long bond the ' whole Chicago is long' and 'short JPN futures'-- this shorting feeded the long run on the bond- now as Japan shorts are being squeezed this will result in Bond yields heading south and if we get few more MOT like earnings and good strong economic numbers we are heading for one of the greatest run on composite and biggest fall in bond yields-- if unwinding and 133 is not broken in a weeks time and Japan hits back to 13000 break and Europe momentum is taken out we and this market is in problem we will hit 850--