To: John T. who wrote (20954 ) 7/23/1999 2:20:00 PM From: Lee Lichterman III Read Replies (3) | Respond to
Thanks, *OT* I envy you guys that get to do this full time. This will be my last day for a few weeks for getting to trade and as the rust went away, I have to say I am having the time of my life watching what REALLY goes on in the market while most people aren't watching. The way the false bid and asks go up, the way that options don't move in relation to the stock the way they should, the way if they won't take an order, cancelling it seems to suddenly wake them up into taking it before you get the cancel confirmation (which I now use to my advantage <g>), etc etc. The intra-day formations are more revealing to me than the daily ones as the emotion of traders seems to show up whentheir guard is down during the middle of the day where they can't take a break to sort things out. I fully understand this after falling victim to it myself the first day.
