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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: LPS5 who wrote (7985)	4/24/2000 9:24:00 AM
From: Herc	Respond to of 18137

I'm a doctor, and I agree we are somewhat immune to the internet revolution. Furthermore, I don't think companies like Healtheon have much of a future. Doctors/hospitals are now getting less than 50 cents for every dollar billed, and then we get it 6-8 weeks later, if we get it, and after we've run the documentation/paper work gauntlet. So under the circumstances, there is absolutely no incentive for us to spend money on technology that will make us more efficient. And that's the best case scenario. A more realistic scenario is that a significant percentage of healthcare providers will become insolvent. This has already happened to nursing homes. Politicians keep promising and then squeezing healthcare providers, but this can't continue.

To: LPS5 who wrote (7985)	4/24/2000 4:25:00 PM
From: Leland Charon	Read Replies (1) \| Respond to of 18137

Thread, Was wondering if anyone here uses a fully mechanical system to daytrade equities (besides Eric)? I have been messing around with my methods and have tried to put them into some sort of mechanical system and I must say it has been difficult. It almost seems to me that most of my trades are just a little bit different from the previous one. The principal is usually the same but the variables may be different from time to time. This makes building a completely mechanical system rather difficult (in my eyes). I guess I am just trying to "clean-up" my methods and make them more cut and dried. Any thoughts? Leland