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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (32619)	8/29/2000 9:53:42 AM
From: Logain Ablar	Read Replies (3) \| Respond to of 50167

Hi Ike: Thanks for the BVSN comment. This one has been on my radar screen for a while. The price looks right. On a separate software note have you ever looked @ B2B provider CMRC. I started buying a little over a week ago @ 50ish. I expect good things in September once its APNT deal closes, the auto exchange is up and running and there is a B2B conference when I expect (pure speculation here) there may be some press announcments. Just one to add to your radar list. On the speculative front (this is a flaw / affliction in my investing) you should steer the children away from) I have a good position in WSTL a DSL equipment play. Its been beaten up pretty good and revenues are ramping. Best regards, Tim

To: IQBAL LATIF who wrote (32619)	8/29/2000 11:34:05 AM
From: Jeff Jordan	Read Replies (1) \| Respond to of 50167

<<sometimes self-induced mindsets are the biggest obstacles a trader need to overcome. >> That is what trading discipline is all about Jeff, Yes, Ike discipline is also a challenge in a volatile market. I think I meant to say short-term mindsets are dangerous to traders. Any type of fixed attitude can be costly....yes, the dilemma begins when we are on our own to formulate a plan for the coming trading day or sessions. But entering trades without a plan is even more hazardous. the problem that arise and a constant battle for me is adjusting to market situations that don't fall into place as expected...of course that perfect plan rarely happens. Emotions tend to enter the frey when expectations are flipped on end. And again this is where discipline and experience enter to save your butt. I think what needs to be overcome are when preconceived ideas aren't met and disappointment and emotion takes over.ie: "I won't trade that dog stock again, I won't buy it anymore" I'm guilty of this type of reaction also, but we know these are totally irrational bursts of frustration...and reason soon takes over. the "expectation" is the first sign you have created a mindset, an inclination or an intention for a certain set of events to happen...but that's the nature of this sport, without expectations for success...happiness and fulfillment can't happen.....the quest for perfection is the only illusive trait we will never achieve. Reading market direction is truly an art, or any stock for that matter....the challenge is probably what drives us more than the pursuit of gain. The market is quick to teach us the error of our ways and judgement....there is no teacher more efficient or humbling! I'm sure given time I could express my thoughts more eloquently and succinct<g>