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Politics : Formerly About Advanced Micro Devices

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To: niceguy767 who wrote (80807)11/23/1999 2:52:00 PM
From: Bilow  Read Replies (1) of 1573095
 
Hi niceguy767; Actually, if you divide the amount of stock I bought yesterday, by the largest amount of stock I owned at any one time, you get 16.23; in other words, I churned the cr@p out of my account. (Don't try this at home!)

The market is made out of participants that trade on a wide variety of time frames. I trade against the tic charts of the S&P500. That means, I watch every trade on it. I was in the market for less than 45 minutes, in total, yesterday, not counting my AMD trade, so that 16.23 was done in only about 12 percent of the trading day. I spend most of the time waiting for something to happen. This is how scalpers operate.

-- Carl
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