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


To: IQBAL LATIF who wrote (20952)10/19/1998 5:35:00 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 50167
 
DB 14:31 IMF CONFIRMS MISSION TO PAKISTAN POSTPONED.

IKE,

Do you have any views on ALA ? LT I know its good.....

Jeff



To: IQBAL LATIF who wrote (20952)10/19/1998 8:02:00 PM
From: Ross  Read Replies (1) | Respond to of 50167
 
IQ..

I enjoy your comments and especially the one:
"don't ever fight the Fed"

I wonder.. Does the fed set the interest rate or the market?
And.. Do lower interest rates always suggest bullishness for
the market.. You might read this from Martin A. Armstrong:

pei-intl.com
(If nothing else the second paragraph)..

Ross



To: IQBAL LATIF who wrote (20952)10/19/1998 11:08:00 PM
From: George Mc Geary  Read Replies (2) | Respond to of 50167
 
IQ, one of your favorites ASND.

Monday October 19, 4:30 pm Eastern Time

Company Press Release

Ascend Communications Reports Third Quarter 1998 Financial Results

Network Service Providers Fuel 37% Year over Year Revenue Growth

ALAMEDA, Calif.--(BUSINESS WIRE)--Oct. 19, 1998-- Ascend Communications, Inc. (Nasdaq:ASND - news) today reported financial results for the third quarter ended September 30, 1998. Third quarter net sales grew year-over-year by 37.0% to $370.3 million versus $270.4 million in the third quarter of 1997. Net income increased year-over-year by 64.7% to $66.1 million ($0.32 per share on a diluted basis) versus $40.1 million ($0.20 per share on a diluted basis) in the third quarter of 1997. Compared to second quarter 1998 results, this represents sequential growth in net sales and net income of 13.1% and 11.8%, respectively.



To: IQBAL LATIF who wrote (20952)10/20/1998 3:49:00 AM
From: IQBAL LATIF  Respond to of 50167
 
AG why did you do that to me???? OT --Please don't read it is just a small joke---

The cry of a self-styled short who never trades!

I was one hell of self-styled champion on free SI, why did you strip me of my guru-ship with a bailout of LTC or rate cut. I would love to see anarchy taking over the world, the world falling apart like Nukes rolling over in street of Moscow is my definition of market excesses, you just stopped the fun. Why on earth you went out and stopped hedge funds double play, there was full 90 billion $'s of Hong Kong money we could have gotten it all under the name of free market trading. Once Ike supported it you also came on side of Ike although millions were spent by Sorros and other to sponsor articles that Hong Kong authorities are playing foul. If the peg would be taken out the Chinese Yuan would be devalued that would have resulted a new round of devaluation's all around, real pain and real destruction, what a nice scene my shorts would have worked, how it is so that not even once Ike support of 950 was taken out on closing basis, he pinned it four months ago that this is a market within a bull trend and will have movements between 900-990 or 950 1130 grids.

I am a poor guy and like to see everyone else shabby and poverty stricken like me, I hate to see that my destructive streaks are all left half filled, this time I thought that we got the financial system and the whole thing will collapse but Ike again came out of nowhere and opened the stories of hedge funds much before they were known, he again highlighted the negative role of hedge funds and need to harness them, he supported intervention he asked for LTC bail out, you do everything for him I am left high and dry. Why don't you just let the markets go haywire, let the world financial system destroy let the world trade come to end for my long puts of 450 OEX now worth nothing, for me my few thousand $'s are far better than pain for other 4 billion, why should I care I have never cared for mankind as such for me my single purpose is to cheat people spread terror, after all SI is free no one is asking for my trade confirmation. This guy Ike always shows off that come broker to broker confirmation of trades, I never accept it because I just don't have the audited record or even a full serviced broker. this Ike is a very bad guy whenever I lie he picks it up, I like to show I am smart guy and got out of the long puts when bhumbo came, but Ike was sleeping at 1.00 AM in Pakistan, I thought I will get away with it but he never sleeps he got me thru my ----s, he had minute to minute record of the fills when rate cut came in..

I just don't like you AG, we have to be nice to each other, work with us on SI to destroy the trade and calm of the world, lets go back to good old days of 1941-45, fascism is so nice after all the only way to get it is destroy human endeavor and global trade, from the ashes of human destruction rises a man who happens always to be the master destructor, anyway it is our frame of mind every thing looks so bad so weak falling apart, we can't help it.. may be Hitler invokes little difficult memories lets talk about even better 1930's great depression where people suffer, people cry, people are hurt, it is very nice to see that since we have lost most on margin calls why not to make every one else who is long to go bust the only way to bring about an asset deflation is badmouth and keep spreading rumors of coming gloom. DOW at 4000 or 1000 will do all that in one stroke, everyone will be like us, the heroes of SI, for last three years we have been short and you just spoiled our best chance, you are a biased person and we hate you AG.. although we never trade or rarely do most of us have lost everything in margin calls, but spreading terror is a great fun., it is nice to see that on our threads people do buy puts never to see their levels back but this ‘camaraderie of pain' is nice, we will send our hounds soon after Ike they are just resting or getting some strength after unbearable pain of bhumbo..

I know this crazy Ike spoils the party all the time but anyway I can encourage some bloodhounds to pounce on him when he makes a rational call my pets who have been given royal treatment

This Ike guy is one heel of a bastard he keeps sending his bhumbo down to shove fully greased thru me and my cronies who attack him, although I offered him truce by asking him to bury his bhumbo and don't make these painful assertions he just does not listen. Ii would be so nice to see Yuan devalued, Russia in tethers, Yen at 180, $ stronger and interest rates on long bond at 3.5% and short interest rates at same 5.5% an inverted yield curve. How come that Ike has fundamentals all tied up so well, I cannot go back to my posts and print them they are stories of shame, I posted 3200 posts in last one year most of them nearly 3176 were about a big impending collapse, I am a hero because I spread terror and people listen but things always goes along IKe's way, I and my cronies were making fun of him when amidst all inflationary talks he pinned down the reasons why next move will be down and not up, later on when Russia was going thru crisis Ike was cool as cucumber and wrote Russians will not tear the motherland apart, they have lived thousands of years and will manage their affair now too. When HK was under threat he supported the intervention and gave warning to shorts that the end is near and when Jerry Favors my dear Baba was in thick sound expressing with Accompara the coming destruction Ike was shorting the bond he shorted and shorted the Dec contracts only to come out winner, Ike picked up again right in the middle of carnage the turning point when he saw the break in bond, since I don't know what is the relationship of bond with market I thought breaking of bond should mean market goes down as yields are going higher, little did I realize that bond yields were primed for skinning the father of all bears John Merriwther and his cohorts, nice guys always ready to over leverage. Now I look back in utter disgust all these charlatans are out, leverage my only chance to destroy the world balance is not in currency, the hedge funds are badly wounded and Ike keep poking fun at me, I will like send some new dogs across, he outed one of my favorite very fast, after ALL the hate club I sponsor thru my charltanistic style has one target take Ike out of SI, unfortunately I feel his presence I can see he knows I know nothing, I just feel so unsecured.. so bad --

I was so happy to see Yen at 112 or $ falling again this Ike had an explanation, don't worry he told his troops this is good for ASEA HK was at below 5000 than, right he was, on Latam Ike refused to follow as he kept repeating vehemently that Latam is a buy at below 5500, I thought how foolish he is, he was longing calls and selling naked puts when I was buying those heavily premiumed puts from him, he left all that holding in shorts hands, collected all those fat premiums and what did you do for me.

I accuse you AG of aiding a Pakistani Sahib this is high treason, for that I hamburger seller and perpetual jealous guy will hold an open court attended by all the luminaries of SI who were all actively supporting the break of markets with me and we will indict you Mr. Ag for hi crimes. You should have raise the interest rates because unemployment is so low, you should have admonished HK authorities for intervention, you should have let banking fall like a house of cards in wake of Merriwether, you should have not helped IMF with 19 billion $, you should have urged China to devalue, Latin America would have fallen in place anyway, Yen should have been kept going higher, on all these counts Ike was pre-informed, you discuss with Ike your strategy, he knew it al along his script ties up so nicely, therefore he is not a bear, for collusion to strip bears off their impending profits AG we sentence you to death, we will like the bhumbo sticking through us to be used as a pool on which your frail body will hang until the ‘world self destroys'-- we love it so much- hope for us is a crime, promoting chaos and negativity are national past time.. Long Live shorts................. we live for another day—SI atleast has no margin calls and who has traded anyway, we were afraid to buy even one share just few months back. The HEROES OF SI--- A LIMITED PARTNERSHIP HEADED BY THE GURUS OF SI.. THE RUMOUR MONGERS.gggggggggggggggggggggggggg



To: IQBAL LATIF who wrote (20952)10/20/1998 10:30:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
8500 was not a resistance as I posted yesterday, the 200 days was a false resistance it was 8600 connected to 1080, I wanted to highlight this to show that see the glaring gaps in forcasts- it had to be 1080 any novice would have fallen to 8500 and that what exactly happened, right now we are facing the 8600 resistance which is corresponding to 1084 level SPZ- it is thic cross check which is important for breakouts and turn around like the 1320 suport on composite was forgotten completely which corresponded to 6700 and 830 but as inter- relations between key indexes are overlooked in an effort to look a champ we find the corrective phases within a bull trend lost to stubornness- this is for education one needs to see what is happening in broad market and it is for this my definition of bear market is a sustained drop over two quarters--- lower lows over two earning quarters everything else is a move within a trend and one needs to pick the one in life time opportunity.....