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Strategies & Market Trends : Tech Stock Options

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To: Kevin who wrote (29126)11/21/1997 1:53:00 PM
From: j g cordes  Read Replies (2) of 58727
 
Oh Sure! Been there, done that... :~) "My goal was to create a simple / non-emotional trading system where all I do is trade on the volatility and that is what I have."

The PROBLEM is that once the simple mechanical system has established a buy or sell signal, then the human system sits there sweating tick by tick.

The real problem, IMO, isn't getting on the bike.. or even going 80 mph through pine trees and parked cars... its deciding when and how to get off. If someone can please come up with a simple non-stick exit strategy both low and high... there's where the money can be made.

By the way, how the heck are yah, glad to see you back on line, weekend begins in about 3.25 hours.. then a party tonight where a bunch of us will probably start talking about the market all over again.

.. looking for a little slide next week as the euphoria over AMAT and IMF funding of Koreans gets washed by the reality of funding our own oversea's sales through aid and pricing cuts into expected margins.

Jim
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