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To: X Y Zebra who wrote (8734)12/26/2000 9:59:40 PM
From: X Y Zebra  Read Replies (1) | Respond to of 10876
 
From Worden Bros. nightly notes:

worden.com

The Worden Report (Tuesday, December 26, 2000)

Lady Guinevere Offers Ten Commandments

Lady Guinevere came up with a thought-provoking list that some of you may enjoy pinning on the wall above your computer. She suggests we may get a kick out of her commandments. The answer is yes, we do, and we hope she gets a kick from champagne, because we are sending her a bottle of Veuve Clicquot Ponsardin. -DW

Dear Don and family,

This is my holiday greeting to you all. I made these up after I had made a list of things to watch. I thought you might get a kick out of it.

A TRADER'S TEN COMMANDMENTS

1. Thou shalt cultivate patience, and use it diligently.
2. Thou shalt cut losses, lest thee lose a lot instead of a little.
3. Thou shalt not be greedy lest thou squander all thy profits.
4. Thou shalt eye all charts as a hawk eyes prey, and determine their meanings.
5. Thou shalt embrace Bulls and abhor Bears, unless thou knowest well how to sell short.
6. Thou shall never act on tips alone from anyone, including the great DW and PW.
7. Thou shalt know thy security well, in all its aspects.
8. Thou shalt absorb knowledge all the rest of thy days, and apply it meaningfully.
9. Thou shalt not panic, for panic leads to irrational acts.
10. Above all, THOU SHALT THINK FOR THYSELF. Thee hast a Nature-given brain.

Use it.

I decided to add one more commandant: Thou shalt genuflect before the mighty Fed, and pray to the great Lord Greenspan to cut interest rates.

Happy Holidays!! Lady Guinevere