To: Jerry Olson who wrote (25666 ) 4/23/1999 12:06:00 AM From: IQBAL LATIF Read Replies (1) | Respond to
OJ-- I just look back to last two weeks and feel greatly indebted to this thread for a firm guidance towards market direction, we went through a huge correction the moment selling comes in all kind of non-sense is thrown at the market but i have been saying it all along that don't short a market with non-inflationary growth and solid earnings, yesterday IBM was a classic example, we saw that 50 days mA break but I feel proud that our attitude was to add, we identified a turning point called and let every one know about our preference, it was so clear and i would think that my posts on DOT and IIX for me were very helpful to add on calls where premiums really were lost on earlier calls, although I ws selling DOT index on the way down but covered my short calls and went long at point wich could not be more precisely pointed out.550 DOT will remain a blockbuster reversal and a great trading entry to reverse the lost premiums of last week.
