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Strategies & Market Trends : The Options Box -- Ignore unavailable to you. Want to Upgrade?

To: Poet who wrote (1253)	6/3/2000 10:02:00 AM
From: Jill	Read Replies (1) \| Respond to of 10876

OT You got the thunderstorm too? I had dinner at the cafe in the park and all was summery and suddenly it came up out of nowhere, clouds of mist and wild winds and everybody ran while all the stuff was flying off the tables--probably half the people just threw some money at the waiter and scrammed--and maybe others forgot to pay in their panic--it was just so full of wild energy. And then we saw a friend with a mountain bike laughing at being caught in the rain so the three of us rode together on a single mountain bike through the park, one on the handlebars (luckily that wasn't me), one on the seat, and one peddling (luckily that wasn't me either), in all that wind and rain--it was crazy fun. I got two books recommended by lurquer on the porch. The first is: Trading for a Living, by Alexander Elder. He's a psychiatrist (uh oh...) but I like it so far. Here's a quote: "The majority of traders spend most of their time looking for good trades. Once they enter a trade, they lose control and either squirm from pain or grin from pleasure. They ride an emotional roller coaster and miss the essential element of winning: the management of their emotions. If your mind is not in gear iwth the markets, or if you ignore changes in mass psychology of crowds, then you have no chance of making money trading." I think this makes complete sense. The other one is: Stock Market Logic, Norman Fosback, The Institute for Econometric Research. It's all about indicators. It's an older book but apparently many people love it. I believe TOTD has both. I can't remember which one she loves and which one she said put her to sleep. J