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Strategies & Market Trends : Bottom Feeding (XCL, REDI, MTCI)

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To: Vesty who wrote (14)4/10/1997 7:24:00 AM
From: Frank H   of 22
 
Vesty,

Sorry for your loss, I've lost plenty since I've been in the game. It's like going to college, gotta pay to learn. Like I've said before, you need to digest what you learn at SI and fit it to your needs. Not everyone here is an expert, me included, and you may learn some good things here, or some garbage.

In answer to your question of what BFD means, I can't explain it fully without possibly offending you and others. But what I meant was, let your bid set at the current bid, if you're extremely lucky you'll get it that day, but it may take a week or more. If you don't get it, so what, move on, there's a lot of stocks that trade based on the reason I started this thread. I just wish there was more participation here.

Most of trading is a gamble, unless you've got big bucks to play with, you better not be playing with the kid's college money.

Enjoy, I hope the rest of your lessons are cheaper.

Frank
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