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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 680.44+0.6%Dec 19 4:00 PM EST

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To: j.o. who wrote (18143)6/22/1999 12:19:00 PM
From: James F. Hopkins  Read Replies (3) of 99985
 
J.O. : I tell every one there is a time not to bet at all,
betting every race don't pan out in the long run, and knowing
when to pass is just as important if not more so than anything
else.

While I say this, I don't follow it as good as I should, but I spent
a lot of time at race tracks, ( and most people lose too ) and
the biggest losers were the ones who just had to bet every race.
---------------

My short yesterday was too risky but I just had to play it <G>
however I wasn't greedy this morning either.
I'll wait now for some signal from the nut sector,
it won't be real meaningful on the down side unless we
take out yesterdays low.
Jim

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