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To: Bilow who wrote (805)8/27/2000 1:14:19 PM
From: Sir Francis Drake  Respond to of 1426
 
Thank you for your kind words, Carl. Btw. regarding trading halts - the whole thing is a mess. How about those halts on listed stocks due to "imbalance" of orders? Happens quite frequently, especially at the open. I've seen situations where a listed stock doesn't trade until 45 minutes into the trading day. One of those things that makes WS seem like the Wheel of Fortune show when you can randomly hit the "bankrupt" spot, LOL! The best thing to do is to admit, that sometimes, we just don't have control - trade with risk-limit strategies. Might limit the gains somewhat, but sure limits the losses - and is more profitable over the long run! Back when I first started trading, I thought I had more control than I actually did. I learned the hard way - factor in the "unpredictable", or get factored out, LOL!

Morgan