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Strategies & Market Trends : DAYTRADING Fundamentals

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To: hypostomus who wrote (15246)2/17/2002 1:19:51 PM
From: Raymond Duray  Read Replies (2) of 18137
 
Saturday Night Fever Passes Into The Mists....

Very clever. I like your style. You do, however, remind me of Ms. La Gougne of the ISU, as you recall, the woman who just got yanked for putting in the fix.

BTW, I'm as entertained by your posts as you suggest you are by mine.

Now, do you happen to have any comment on the OTC derivatives exposures that I was attempting to elicit a response to in my originating post last evening? LPS5 seems to want to skirt the issue. I'm sure you've thought about it.

Or how about the role of surety bonds or the lack thereof in fomenting further bankruptcies like occurred with K-Mart, or Kame-apart, as we are fond of calling it today.

Does the day trader consider his exposures to credit risk? Or merely stare at a narrow window of contrived and incomplete technical data and try to compete against market makers who do the contriving and have more complete information for a permanent advantage?

Just some musings..... I know we've covered some of this ground before. But it does seem to me the day trader necessarily must know and accept the limitations to his role in the food chain. Something touched upon on this thread, but never fully exposed to the light of day.

All the Best, Ray
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