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

To: Patrick Slevin who wrote (25261)	4/13/1999 1:10:00 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

Dear Patrick.. I follow your trading style, great entries and exits on day trading, in my opinion your thread hosted by TT is the best for any prospective investor who wants to learn the SPOOOs. Pits were telling me that yesterday it was one hell of a day for them, they made loads of money, now the problem with these wild movements coming back up where they started is that it breaks the ability of 'shorts' to continue the dance. Now last week on OJ prompting on high level of skepticism, I pointed out to OJ that if you look at 'put premiums' the amount are double on put side, April puts 100 points away on NDX were selling for 10$ and calls for 4$, it was a biased reading, now with yesterday move the put premiums have disappeared, now people will try to salvage what is left of 10$ and that may initially help the market but the new buyers are the pits they don't mind if market hits back at htose rich areas again, to move the market in highest fear is how money is made, enough of theories around to restart and rekindle that phenomenon, enough of tinder around to blast. So I will keep my watch at 905 on BKX RUT 405 and I would like to move DOT to 750 as a first support once these supports start breaking we will have problem short term. Patrick I have not see the market close yet I slept early and I have to reply to all these messages I don't even know what and where did we close. Thanks for a great thread all of you there, SE TT and all excellent palce for a market watcher like bird watching one should readily spend some time watching the play out of fear and greed as real traders fight out with the pits every day on Systems, I will anyone who is reading it encourage investors to go back and identify the volatile days and go thru the mail on Systems, see how volatility affects the real traders, this is the best free training you can ever think off, people who have experience sharing every move.