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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Shoot1st who wrote (45890)	12/16/1999 3:45:00 AM
From: vagabond	Read Replies (1) \| Respond to of 108040

Shootie, more re Codes: Although I also appreciate the time and effort you've put into this idea, the more I think about it the more I wonder about its sheer practicality (let alone, its "appropriateness"). You asked someone in an earlier post how long it had taken them to convert a stock symbol into code, suggesting that it probably wasn't more than 30 seconds. Well, frankly I suspect it'd take most people longer than that on-average. But even assuming that were about right, let's think: Lately we've been averaging 100+ posts an hour during trading-sessions. Suppose only 20% of them even include references to stock-symbols (probably a conservative estimate) -- that'd still mean devoting 10 minutes every hour (20 x 30 seconds) just to decode what people are talking about! Not to mention, of course, the time needed to EN-code stock-symbols in our OWN posts. I don't know about you, but I already have a hard time keeping up with the thread while doing actual trading -- and I don't see how I (or probably anyone else) can afford an extra 10 minutes an hour just trying to figure out what stocks people are referring to. Not to even mention, of course, that some of these "momo" stocks can shoot up/down 2-3 points just in the time it'd take to en-code or de-code one post... In reality, of course, you wouldn't expect everyone to use the code -- but the general point is that coding and de-coding takes time, and on a thread as busy as this one I'm not sure it'd be practical even IF Kimberly and others thought it was a good idea. Just more food for thought... Vagabond