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Strategies & Market Trends : APMP (formerly APM)
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To: WTMHouston who wrote (10053)2/17/1998 10:44:00 PM
From: Christopher Loe  Read Replies (2) of 13456
 
TO ALL COMPETITORS:

Proposal to amend rules.

Just a thought to spice up the competition.

1. Anybody taking a position either long or short at the open on Monday or the first trading day of the week, will get that days low price if you are long & the days high price if you are short.
2. On Firdays close, if you choose to hang in all week, you get the days high price if you are long & the days low price if you are short.

Why you may ask?

1. Something different to keep peek interest.
2. I believe you are at a disadvantage to commit early or ride it out all week.

In my day trades, my idea is to buy at the lowest price & to get out at the highest. In reality, this rarely works out, but changing the rules as I have stated, just might change strategies a little bit & again spice up the competition.

Good idea? Or bad idea?

I make a motion to put this before the board. We need a first & a second to this motion & any discussion, and finally a vote.

See ya!
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