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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: indexit who wrote (44420)	9/22/2001 4:36:44 PM
From: bcrafty	Read Replies (1) \| Respond to of 100058

indexit, about the suggestions in your letter Something I've always wanted to see is an identification system viewable by the public so that we can see who's doing the buying and selling. In the kind of system I'm envisioning, every time a trade is made the trade is coded to indicate the class of the trader (i.e., retail investor, mutual fund, hedge fund, pension fund, specialist,etc) and this data would be compiled by a centralized system and then released A real time system would be ideal, but probably not possible. But even an end of day system would be OK with me. Also, I'd like to see a system where an individual can clearly see at any given moment the order imbalances that you mention in your letter. I realize that both of these wishes are a pipe dream, but I just thought I'd share my thoughts. And I like your letter. More people need to stand up and say "I'm mad as hell, and I'm not going to take it anymore."

To: indexit who wrote (44420)	9/22/2001 5:12:44 PM
From: shoreco	Respond to of 100058

indexit.. I wish you luck in your attempt to get someone's attention. I understand your frustration with Wall St. There are still many people who believe in B&H. They listen to these bonehead analyst and they believe the markets will come back. I only have about 4 years experience in the markets, so I was late to the party and I still don't have all the answers. The market did a moon shot when I got in and I watched 10k turn to 150k. I thought this was easy, LOL, and then the margin calls rolled in in early 2000. I added 75k in cash before I sold all my positions and adapted to trading instead of B&H. I have family members who are fully invested and they keep telling me they are in for the long haul. The only problem I have with this is, what if we are going to follow in Japans foot steps ??. Where will they be in 10yrs ??. I do have one Prudential Fund I set up for my kids and I continue to add money into this every month and it has continued down to scary levels. I have to keep telling myself it is for them and not me and I should be happy to be able to take advantage of these prices. So, I guess it really depends on one's time frame. Now as far as I'm concerned, I want, what I want, when I want it, and I want it NOW!! and if I'm going to lose money, I'm going to lose it myself, LOL..... They continue to tell me that all I'm doing is gambling. We shall see. I do need to work on my discipline though. It seems I grind and grind for days or weeks and then I lose all my gains on one asshole trade, a trade I had no right even being in. I'm with you buddy, send it in........ EOM Shoreco