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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 672.04

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Nov 13 4:00 PM EST

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To: HairBall who wrote (6498)	2/17/1999 10:43:00 AM
From: James F. Hopkins	Read Replies (1) of 99985

Hi LG; I've also noticed on real active days the little guy tends to get shut out of the action. Particularly with most all of these web trading type accounts. I've just about give up on even trying to call an order into Waterhouse on active days. I don't know but suspect they take the phones off the hook. Hence position trading ahead of moves is what I'm stuck with, day trading when it works doesn't yield much, and when it would yield it don't work. That's one reason paper trading gives better results than when you get into the real thing. They call it system overload or one thing then the other, but it's to often for me not to suspect a lot of it is deliberate. Jim

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