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Non-Tech : Meet Gene, a NASDAQ Market Maker -- Ignore unavailable to you. Want to Upgrade?

To: rjm2 who wrote (1089)	9/26/2000 9:42:53 PM
From: dli	Read Replies (2) \| Respond to of 1426

From an investing point of view this kind of return would in fact be very respectable. From a trading perspective, however, I consider $300 per day on $100K in capital a rather poor return. Dave

To: rjm2 who wrote (1089)	9/27/2000 12:20:25 AM
From: booters	Respond to of 1426

rjm2, $300 per day on $100k ? Hmmm. I assume your response means you are not doing this well. It was my assumption that MMs in general were much better traders than I am. It is comforting to know they may not be. boots

To: rjm2 who wrote (1089)	9/27/2000 8:36:53 PM
From: gene_the_mm	Respond to of 1426

WELCOME TO SI BOB... BEEN A WHILE... Good to see you made the 'transition' to THIS THREAD and away from what has become a pathetic, boring thread (on Raging Bull) that is full of conspiracy theorists and spammers. The lot of those investors deserve each other. If you can't take responsibility for your own decisions first (like investing in crap) you deserve to part with your money (I am saying that if you are foolish enough to risk money you can't afford to lose in the MOST speculative stocks known to man you will get what you deserve). Like I have preached over and over and over... Capital preservation is MORE important than any other rule to trading and investing. If something is not working MOVE ON! Wow... I needed to let some of that frustration out. This whipsaw market is killing everybody. This is what the old-timers in the business refer to as the 'chinese water torture' (it is an expression--not a derogatory comment FYI). Basically it is a term for the bear market cycle of 1 step forward and 2 steps back. Good luck everyone. All the best, -- Gene