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To: Beachside Bill who wrote (22526)	3/16/2000 9:38:00 PM
From: Larry S.	Read Replies (3) \| Respond to of 53068

Bill, it takes a tremendous amount of concentration to do what Ron does. Things happen very fast, and if you are in the flipping mode, it would be very distracting to try and post to the thread in the midst of it. Today was one of those once in a lifetime days where money was hanging on the tree waiting to be plucked. Granted that holds made more sense then flips, but the momentum was so huge, that it was close to a "no-brainer". The financials and airlines and drugs were so over-sold that the follow thru from yesterday had to propel them. And with the dow +300 and the NAS - 80, the NAS HAD to reverse. Just too many great stocks that been beaten down in the NAS the past few days. Who the hell know what tomorrow will bring, but today was a day where you split pairs, doubled down, and the hell with insurance. larry

To: Beachside Bill who wrote (22526)	3/17/2000 6:06:00 AM
From: Ron McKinnon	Respond to of 53068

let me try to give a long and convoluted response first, I dont think 99% of people should try to "flip" daytrade also, there is no way anyone can really daytrade and take a lot of time to post there is/was a guru here on SI she claimed to make dozens of trades a day had a huge following claimed a 90% big win record with tiny losses said when a day was bad one should settle for "only' $5-10,000 in profits a day did "perfect" entries and exists and, would post maybe 50 times during the market and, people beleived her ya, right there is another guru on MRC who people think is a god who has claimed to make up to 1,400 (yes, 1,400) trades a day and makes constant posts all day long and. people beleive him ya, right in three plus years on SI and MIRC I have maybe a dozen people that I follow and think tell the 100% truth about their trades be warned I do post many/most of my trades most days in real time on MIRC but that can be the "badlands" if one does not cull who they "listen" to or you can follow and get hurt real bad real fast as far as what I did yesterday I posted my "possible" list at 7:30 in the morning Message 13215264 I made many trades in every stock on the list except for GE but, I had spent maybe 2 hours the night before and in the morning looking over the charts and setting up buy/sell/stop prices had the list on my desk on many, had both sell and buy stops in prior to the open added or changed the price levels after the PPI numbers came out and I saw what the futures were doing and watched the pre-market action from 8:30 on the get a fell how the day might go no one can really "follow" another trader, unless they sit next to them