Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: IQBAL LATIF who wrote (25765)	4/27/1999 5:04:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

I am connected from al ong distance call to my internet, I would be brief first.. 1- SPM 1355 is the support we will test it but if we break signs to get out of May calls. 2- Other sign Comp 2504 if this thing closes below on composite below this level get out of May's. 3- Look for BKX it should hold 902 if it does not think that DOT should take out 725, if DOT remains below 725 n closing basis and 902 is taken out get out of all may longs..Logic of this later. 4- SOX should hold 392... 5- I think we will see a break of 725 as I have earlier highlighted as we broke thru 625, so this is an important level and if we break this we may see a big short covering rally, some shorts have not yest covered they will throw in the towel at Yahoo 204 and AOL 172 or 725 on DOT, the rally will be phenomenol but the hedge funds will throw everything at their disposal at 725 this is the level..a break from here can take us to 610 level. Protecting profits hard earned from the bears den is an art, get them in asap....follow the targets mentioned above... and never ever buy puts when markets test 550, look back it was like 1320 the same guys were sure buying puts on 8th Oct, it was a clean go to buy on long side, once again retelling of long history of missed oportunities. Is market not about taking the oportunity are we here to worry about a fall in 364 days out of 365 when market is trending higher, will this self fatalism stop or will anyone ask when are where these models which tell you to buy puts at 500 kind of supports work.. Dump them.. they are receipts of destruction,, love

To: IQBAL LATIF who wrote (25765)	4/27/1999 9:46:00 PM
From: LABMAN	Respond to of 50167

iqbal i am facinated by your trek, following the footsteps of ALEXANDER would suggest you look into ORA AND BAZIRA and the heights of Pir Sar lm

To: IQBAL LATIF who wrote (25765)	4/28/1999 4:38:00 AM
From: J.T.	Read Replies (1) \| Respond to of 50167

OT...... Race of "RUN FOR THE ROSES" is nearing the finish line very shortly now. Like any good poker player, know when to hold 'em and know when to cash in the vast sums of chips and let the gravy ride. IDEA takes the prize. Now then... Don't let anyone rob you of your (PRIZE) profits. Greed makes folly of us all and is a great temptor. Certainly the markets can go up another 3% to 5%. But with major indices at or above 20% of their 200 DMA you know there will be more to be made when the rubber band snaps back.... IKE.... great calls these last several weeks. Today DOT stared 688 in the face and DOT blinked. Today (no later than Friday), however, 688 will be like knife thru butter. Q.. You mentioned 2 closes RUT above 432 and we fly the other day. Now you have utmost importance on DOT holding 688 support and 1 DAY CLOSE or CASH IN asap. Why the sudden change? Is Ray hearing the cacaphony of the boys in the pits? Dollar plunging against yen does not help. Your stops are so tight right now I have no room to get out the door..gggg. Seasonality factor from here on out does not help. But you will not give bears there due as you are smack on the money taking your profits (internets and the kitchen sink). Keep up the great work. Best regards. J.T.