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To: Becky B who wrote (5332)6/28/2000 11:03:00 PM
From: TobagoJack  Read Replies (1) | Respond to of 6018
 
I felt not well about my RMBS. I miscalculated and left major dollars on the table. But, just another trade.

The 12 Trading Axioms
1. On Risk, if you are not worried, you are not risking enough; always play for meaningful stakes and resist the allure of diversification;

2. On greed, always take your profit too soon; decide in advance what gain you want and when you get it, get out;

3. On hope, when the ship starts to sink, don't pray, jump; accept small losses cheerfully and as a fact of life; expect to experience several while awaiting a larger gain;

4. On forecasts, human behavior can not be predicted; distrust anyone who claims to know the future, however dimly.

5 through 12 for later. We here on 9984 thread violated #2 and #4. What fun.

On Hutchison, solid company, but will not go boom boom like CHL if it is wireless you are interested in.