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

To: IQBAL LATIF who wrote (21635)	11/25/1998 12:42:00 AM
From: oexplayer	Read Replies (1) \| Respond to of 50167

Ike: Good morning! Question on your internet puts; are you playing deep out's, or near strike? Also, do you utilize delta when determining which particular option to purchase? Thought you might enjoy this article on Kurlak being toasted by his fellow shiesters! What a joke these people are! Bet they consult IDEA for their personal portfolios <ggg>! Good trading, Kevin cbs.marketwatch.com

To: IQBAL LATIF who wrote (21635)	11/25/1998 12:54:00 AM
From: James C. Mc Gowan	Read Replies (1) \| Respond to of 50167

IKE: First, congratulations are in order: 100%+ this year, WOW. It occurred to me that there are any number of well known and often quoted hedge fund managers who would be envious of these results. And some others, in Conneticut(sp?), for example, that would gladly trade their medals and Solomon trading pedigree for results to match this. (Maybe they will be calling you to apply for a job interview,ggg) Got you on the JPN calls, I'll seek the March/April and mix the strikes. Admit I've been burned on AMZN puts before, and I see the arguments presented here that indicate "this time its different" as far as Internet speculation, time will tell how long the small investor will pay $200/$300 or more per share for earnings promised. But this is debated endlessly on AMZN thread, et al. I like the ALA recommendation; traded in/out of this 3 times with success this year for small gains; now it's beaten down but in a good sector; any advice on deeper calendar strikes(Mar/April/or beyond?) and do you have a rule of thumb when instituting calls, how far "out of the money" you choose your strike price, or is this done only on a case by case basis? I'd be very pleased with a 20-25% gain next year; this year I was too pessimistic to take advantage of the downturn, and the fear factor influenced my thinking to the detriment of my results. Have pity on the "bhumbo-ized" during the holiday season; remember with your inherent optimism, combined with a formidable world view, and excellent trading skills, you have such an advantage in dealing with the waves of negativity that washed over small investors this past autumn. Hope the holidays go well for you and your family; I'm going up to Oregon to see my 89 year old mother and brothers/sisters for a good old-fashioned Thanksgiving. Regards, vocex

To: IQBAL LATIF who wrote (21635)	11/25/1998 8:50:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Power sale: talks with India begins today --Peace breaking in a region where extremists try hard to dislodge cohabitation.. Ike ( Idea thread highlighted this and broke the news of two PM's reaching an understanding)-- Love and peace will make our region a area to reckon with economically and technologically.. ISLAMABAD, Nov 24: Pakistan and India are set to open talks on technical details of the purchase of power from Pakistan on Wednesday, officials said. Pradeep Baijal, Indian power ministry secretary will lead the seven-member team in the talks with their Pakistani counterparts. The talks will be held in the wake of understanding between Prime Minister Nawaz Sharif and his Indian counterpart Atal Behari Vajpayee in New York in September. India had shown interest in buying the surplus power to meet a shortage in the northern states of Haryana, Punjab and Rajastan. Both the sides will work out details as how much power be sold to India as well as the pricing. In a sense, if a sale-purchase agreement in the power sector between Pakistan and India comes about, it could be a harbinger of change in the other aspects of the commercial relationship between the two countries. Pakistan has a surplus of some 3,000 MW of power and India can do with all the power it can get. Islamabad has massive pending payments to Independent Power Producers (IPPs) while the Water and Power Development Authority is in crisis. Most of the surplus power is being generated by the IPPs. Pakistani officials made it clear that meaningful commercial interaction with India was contingent on the creation of an atmosphere of "peace and security" and resolution of the Kashmir dispute. That, however, is the stated official position and it has not prevented Pakistan from receiving an Indian delegation to discuss the sale of power. Another Indian delegation will also come to Pakistan on Dec 1 to discuss details about opening a bus service between Lahore and New Delhi. Prime Minister Nawaz Sharif, has shown interest in the project on humanitarian grounds to facilitate members of the divided families to easily go and come. These officials will discuss two separate issues apart from working on an agreement for the Lahore-New Delhi bus service. They will also begin discussions on a mechanism to ensure that fishermen from one country detained in the other are released expeditiously. The visits of these delegations are a result of the six-issue dialogue held between the two countries in New Delhi from Nov 5 to 13 while the tour of the experts' group on peace and security is a spin-off from the October talks between the foreign secretaries in Islamabad. Apart from the bus service, the two governments are also to work out a mechanism whereby fishermen of the two countries, who stray into each other's territorial waters, can be released expeditiously. On railways, Pakistan has been referring to the problems it has had in the export of sugar to India. The bottlenecks in freight traffic are likely to be taken up for discussion by railway officials. As far as the visit of an expert group on peace and security is concerned, Foreign Secretary Shamshad Ahmad, had referred to such a possibility at a joint press conference with his Indian counterpart on Oct 18 in Islamabad.-NNI

To: IQBAL LATIF who wrote (21635)	11/27/1998 2:56:00 AM
From: Brian Fukuba	Read Replies (1) \| Respond to of 50167

Hi Ike...OT, Just a quick note of thanks this holiday(US) for your unending market analysis, especially this past couple of months. Because of your views, I have stayed with my longs in my IRA, which have rebounded nicely since recent lows. I have been swamped at work recently with new tasks and have only been an infrequent visitor to the Ideas Site. Congratulations on your Bhumbo, WOW what a run!! All-Chuck's site has a wealth of links and information: come.to bri btw-saw the holiday lights go on in Paris on TV today. Looked very beautiful and spectacular.