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

To: Cyrus who wrote (23015)	1/28/1999 3:52:00 AM
From: IQBAL LATIF	Respond to of 50167

Cyrus- Daily market reading is a thankless job, you can be right 90 out of 100 times but the eggs will be splattered all over one time you are wrong, people remember the calls for long but conviniently forget the shorts of SOX below 280.. This is our choice, I do it because I think one needs to be up-front and face the music of dis-satisfied cutomers. It always happen that mostly I am the one who is most unhappy as I could have done a little more, if would have applied a little extra.. That search for extra pace, that extra bounce, that extra clarity keeps me going. I presumbly fail sometime in not being able to synchronise the speed of my mind with that of my typing, however it has also has a lot to do with inter-relational levels which I keep spewing. This makes a simple post more intense but may be I try to condone my action that it is my experience which makes things what I think are simple a bit coml;icated for new comers or even old hands.. this I will try to work on... However, that is how I develop a trade in my mind, that is how my inner mind works. It would be injustice if the thread is not aware of my failings, I would rather like my failings not to be masked with a 'spell check' or a 'grammer check' clear test. As time has gone by lot of sharp edges have just given away even the ocassional outbursts against the 'evil bears' are becoming a rarity. May be the evil empire of bears has been dislodged and dismemebered like Reagen did the other evil empire.. gggg It is more to do with aging and performance. The story continues but it is not at all satisfactory it has to be more at the cutting edge, I am spending too much time on peripherals and less on actula trades, but I have failed to translate the potential of my full capibility to absolute returns, again it is more of a intellectual challenge to stick neck out every day of the trading day to see and feel we knew a little better than the other guy.. I feel just too happy to see this thread attracting few of the best on SI-- people like Judy, JT, GZ ,Steve, Scott, Jenna , Last Shadow, Tim luke, James Strauss OJ Gerard, Nick, Fowler, Kevin, Tim, Chuck, Karun. As far as market direction is concerned if the rumors of strong quarters are right ther market will move much higher very quickly so far I have been repeatedly asserting that this market is a buy at 1192 with a stop at 1155 and a great buy at 1128 with a stop at 1080.. This is a perfect base building at new highs and very legitimate. For me I see as Judy has hit on the nail much better that market stays between 1128 and 1350.. You may have one hell of a return if you don't get carried away with interim noise play the market with interim supports and reistance's.. Take care with my love and highest regards.