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Non-Tech : MB TRADING

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To: Rick Faurot who wrote (3864)2/13/1999 11:29:00 PM
From: Gary Korn  Read Replies (2) of 7382
 
Rick,

I traded DELL exclusively on Friday. Under the theory "the trend is your friend," the great bulk of my trades were shorts. While the first 5 minutes was rocky in terms of getting off a trade, the fills were extremely fast the rest of the day.

Level 2 has been a tremendous help since I (finally) turned it on. I now feel like I'm driving blind when L2 is down and all I can see is the bid/ask volume (and to think I somehow traded profitably, but just barely, without L2 for 6 months).

Who is Woodman? Did you (or anyone) notice that Lehman was on the bid repeatedly throughout the day on DELL. If Woodie is Lehman, he did indeed get creamed.

By the way, good luck with your ADSL hook-up. As you know, I've been on a T1 hook-up for a while, and it is a great improvement over a dial-up account. Particularly for downloads! (Now, you'll have to start downloading your MP3 collection.)

Gary Korn
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