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

To: Brian Fukuba who wrote (21655)	11/28/1998 4:52:00 AM
From: IQBAL LATIF	Respond to of 50167

Hi Bri-- OT Thanks- I hope you are doing well, Paris looks great, the point you saw on the TV where the Mayor put the lights on is opposite my entrance door at 116 bis so I was right on the door step watching this happening.. I am happy for you that you stayed with your core, I think once you would have gotten out at say 9000, you would have had a net loss, a lot of cap gains on your profits would be due 33% so you only need to short if you expect a decline of 40% plus and renter at lows that is great otherwise shorting and no action that is in cash makes you fall in love with your cash , the death of trader is when he likes his cash so much he cannot detach from it soe of the shorts I observe are suffereing from this for long time.. The natural reason of going cash is to take advantage of a move down that did materialise but the move up was so swift that the one's who must gotten out at top are only holding tax bills with no positions, every one who went out at top is today holding a bill of tax plus the missed chance to buy cheap as move from 1320 was so bhumbo like, I was interestingly reading a chain-- those who shorted were expecting a reversal until yesterday break of 1600 on NDX- so you really did well, doing nothing some time is the best strategy..