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To: Glenn D. Rudolph who wrote (90819)	1/12/2000 10:57:00 AM
From: Jan Crawley	Read Replies (3) \| Respond to of 164684

Buying puts is ok but my experience in shorting makes me too emotional This is just my belief, but I believe it strongly: The market is about liquidity and psychology, an individual investor/trader is about his own liquidity(portfolio) and his own Psy-profile. One has to know oneself well and then try to be competitive and compatible. An important point re-the above: I did not think about the above at all a couple of years ago, I have learned and realized the above in the past year.

To: Glenn D. Rudolph who wrote (90819)	1/12/2000 11:00:00 AM
From: 16yearcycle	Read Replies (1) \| Respond to of 164684

Glenn, I think you have to clean the slate after any good or bad experience. You look at all your usual indications, fa, ta, sentiment, news, portfolio balance, tax issues, etc, and make a decision based on those issues. You make the decision based on what has the highest probabilty of success and leave emotions out of it. If it is right or wrong, you know you acted on an idea that fit your criteria and should have worked.