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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (18669)5/18/1998 9:33:00 PM
From: James F. Hopkins  Read Replies (1) of 94695
 
Bill: RE>> They SHOULD be. But trying to disconnect brain with emotion is the the true test of a trader. Once the heat of trading starts pouring though your blood, watch out... you start doing crazy things. hee hee ..not me, I mean almost never, well at least
not very much, or well not near as much as I use too ? <ggg>
-------------------
Crap I still do it at times..it's not always ego sometimes I think I
just get bored.

Same at the dog track, if I only make the bets that I get the odds
it can get boring as hell. Trading in an almost flat market is
a no winner for the small guy. Expenses and spreads force you
to be to exact to often and it can't be done constantly.

You need to be tied into a SOES bandit operation to day trade
a market like this, I need more time and a margin of error to
handle the mess ups with the quote server and when the internet
slows down..( seems to happen just when you need to pull the
trigger too )

I might add shorting it is more risky than going long, if one
waits for dips and buys in..even if it goes the wrong way there
is not much risk if they can just hang on long enough.
But dip buying time is not ripe right now, as while we are still
in a bull market..we have entered a short term down trend that
is hanging on, and it could get worse before it gets better.
Jim
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