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

To: The Perfect Hedge who wrote (24657)	3/24/1999 2:22:00 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

Only after 1192 break I will change my position for a test of 1130 but before that I am opportunist realist of the market, I was out big time and I am looking to enter but if SPM 1262 holds good enough if not I am going to ride this to 1238 and 1228 and 1202 an 1192, I will keep highlighting the internal signs where I will pick my beauties at right price. As far as 'daggers' comes out now, it is always a tradition of this thread that 'bears' get kind of excited with little correction, I will give them eye popping bhumbo at the right time until than I am skimming every thing they are offering me. Ask yourself, only one question have fundamentals changes? I don't shoot in dark and start calling for a pull back, these bear poor characters 'masters of censures' the new 'Himlers of SI' with 'dens' like 'bear harems' and bear concubines' ritually ribbing each otehrs wounded ego's will once again see the dance of bulls, I will call the shots and they will dance on them let them put their cash up let me collect it and than see how I will take them to the otehr side of universe. My aradilin is high the thread was cool -lets see some real action and slaughtering of lambs on mass scale,.. A move up to 10,000 is never to be taken without intermediate supports and resistance,we rode it carefully and dismounted at the most appropriate time. Anyone who forecasts without intermediate levels is a non-trader. Just follow the trend look at major indices look at macro economic releases and try to make something out of it.. Work within levels, ready to pounce and pick if upside buy signal comes, and ready to sell if important support like 1252 on SPC or 1262 whereI will not short even until 1247 to see if it is not trap and I will look at my other indicators. Just take it easy like 10100 was move up and sign of getting these guys long this is just a test to get hyoe out of the market, for me it is filling of gap, I predicted last week that 1251 gap will be filled and it is to happen at the most inappropriate time.. I will change my stance to a bear below 1218 break on SPM and will like to see that 1130 if that happens but it will be too early let's keep our intermediate targets... getting out of good positions at the top is a great art now findin the bottom next challenge and entry will be third issue. Keep a close watch here, you will find us very nimble and ready to take the plunge. Market right now in front of us is just unfolding a normal phenomenon in uptrending market, is marketa one way street, can market not pullback when we have this hype building in, and lets get this RUT going and lets get over with the warning season.. We can see market to lower levels but values will soon encourage some buying, otherwise I will be only long as I have said above 1992-95 levels on NDX ( I will keep lowering this level note it please) or if BKX 855 is decisivly taken out, or if news of Kosovo settlement comes in, last week I posted before anyone else an analysis on Kososvo highlighting its impact on market, yesterday's Primikov detour from Mid Atlantic, I read it as Russia's yielding to US pressure to chain Milosovic, after all I don't think Europe will like a concerted attacks on Serbia due to German historical sensitivities with Balkan's, so all this has to be taken into account.. Market will roar if Serbian issue is settled..