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

To: jbn3 who wrote (22699)	1/18/1999 3:23:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Jbn3--strictly off topic....... <<Ike, another fine call! It would seem that you are either psychic in your analysis, or that you have a much 'bigger' following than perhaps is realized. <vbg>>> I am no psychic, nor I have a huge 'following'. The only thing I have is that I can 'may be' identify a trend developing a shade earlier. The reason is my 'conventional analysis' and 'absolute disdain' to follow the crowd. I try to discover what is behind the 'news' and what will be the real impact, sans CNBC emotive content I think one can have a great future as a forecaster of the market My ability not to listen to CNBC or to Jerry Favors or to mock kinds of Acompora and Kurlacks stems from the 'big picture' I draw and reconstitute every day. this certainly has led me to my ability to have an unbiased opinion to say the least.... When stones are hurled at me, I know I will also enjoy the smiles I may have put on many faces, when I encouraged people to long COMS at 21 or ASND at 25. Although, we did see a drop from 54 to 25 and in between we also explained to shoot ASND in the head at 50, which my critics missed, but nice to see it at 85 much above my target. It is stocks like CD or IFMX and NOK.A or INTC and no brainer MSFT which has made this thread with its index specialization a thread which has benefited from NDX run the most as we identified the divergence in NDX and Composite with DOW the earliest.. we were trading off NDX until 1700 was breached at that time others were still looking at DOW and predicting a fall back to 1320..may be it is the divergence picking ability but we have done extremely well and we are very satisfied for the first month of the year.. However the problem is that hurdles are rising as we keep scoring nice decent calls our appetite to make similar calls is not decreasing but increasing (not at all motivated by greed as I keep a close check on that greed makes your judgement skewed and one needs to stop when that comes into play.., Beating the market through learning is the goal. I do think if it was greed I would not be sitting in this far off land where my electricity disappears every two hours for and an hour due to load shedding. I still have my students at primary schools and my vigor to reach them has not diminished, rather I spend more time out to help the little I can do- the greed factor will come when I will feel that I am getting more involved and am not prepared to serve the peo0le I do) and that means more research and hard work to continue, we do put a lot of hard work behind and we are happy it is helped me the first and ofcourse the thread. I see this as no favor at the end of the day this thread makes me a disciplined trader and it helps to me to formulate policy and strategy every single day without being a bull or a bear as Lee has very rightly pointed out 'opportunity thread'. I try to improve it every day and it may be so that idea two year labor is now appearing in shape of improved ability but the more I learn the more I know how I little I know and hence the prospects of becoming 'better' are exponentially increasing.. ggg I hope I can serve better, that is what derives me, no psychic power but may be little will power to do the little I can for what it is worth. On Wall Street or SI it may be market direction but here the story is quite different ……The other day in heart of the hinterland, I stopped three people who were beating a poor taxi driver with buts of their pistols for the crime of ‘brushing' their new car with his taxi by mistake.. I watched this scene I was right behind them with Nesrin on my side, without realizing what the consequences will be I was like a wall between the three man and the poor taxi driver. The buts of the guns were drawn back and the bleeding driver was saved, although my voice right now is hoarse, as I shouted on ‘ rich guys' exploiting the poor man and nearly beating him to death, but there I was right in the middle of the most difficult terrain, my only reason was I could not see it. If after 98 run and returns on stock if DOW BKX or SOX would have become superior to this call ‘when it came to save the life of this man' Ike would be a much lamentable poorer man. I feel good that poor response did not happen, my response time was exactly the same what it would be when I was a ordinary citizen of this country 25 years ago. I would have acted absolutely the same way... Standing against injustice and raising voice distinguishes me. Every thing else markets no markets is immaterial to me. In here it is jungle law, and I am proud that I am in middle of all of it to do the little I can. That is what has driven me and that is what derives me on this thread to help the guy who is just beginning – in the process I am greatly helped. May be it is hand of God which tells me the market direction. So far God has been kind enough to keep showing it, when greed takes over all calls will fail. .ggggggggggggggggg