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Technology Stocks : NEXTEL
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To: Arnie Doolittle who wrote (5560)4/3/1998 11:18:00 PM
From: PHG  Read Replies (2) of 10227
 
Arnie:

I agree on the unknown circumstances at the end of the trading day. In an attempt to try to understand the thinking of MM's, I become one. That is as much as I can since their resources must have some effect on the way they think. I couldn't begin to express the strategies that popped into my head. Today I came to a discomforting conclusion that for every dollar I earn from investing, is a loss to someone else. The psychology of trading and investing can make me tense.
It could be seen as an intense mind game backed by money. And for some, T&A is the security for "some peace of mind". The future is resting on choices being made right now. A decision on a single day can effect years later.

Emotions are the tricky one's to over come. They can be so destructive to well conceived plans. Some of these feelings may be more prevalent to short term trading; it's definitely a challenge.

Looking forward to the developing NXTL story.

.........Phil..........

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