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Pastimes : The 49 Tickers -- Ignore unavailable to you. Want to Upgrade?

To: Wayne Rumball who wrote (58)	4/6/2000 8:11:00 AM
From: ChrisJP	Read Replies (1) \| Respond to of 60

Thanks Wayne, Having a feel for the "big picture" and what influences the markets ain't the same as making money at it, that's for sure !!! My OTCBB/play money account is down about 10% in the last 2 weeks. And I would be surprised if it drops another 10% or more. I'm not holding any of the flying-pigs-which-are-now-crash-landing, but I do own some plays that haven't (or won't) pan out. And I have sold some stuff for a loss cuz I just didn't want to endure the possibility of them dropping 20% each day .... and me just watching with the classic "it's too late to sell" mindset. I'll just weather the storm for the next 3-4 weeks, after the markets re-adjust their thinking based on earnings reports and economic stuff. This is a world where good instincts, mental discipline, and split second, cut throat style decision making probably matters more than anything else. And you have to do it twice to make money -- on the buy and the sell. It's not for everyone. My record at it is only so-so. Your guys record is ...... amazing. You are winning at a very tough game. Regards, Chris