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To: Michael Watkins who wrote (2322)	1/16/2002 6:48:17 PM
From: rocklobster	Respond to of 12411

Thanks for the reply... My point is that this situation was not a normal trading situation...Obviously something went wrong.....If it was a spike caused by something that actually happened and caused a rush of buying, I wouldnt be saying a word about it.. but there was no news of any kind....the market spiked sixty points in one minute literally and fell right back to where they started.. There is no way a trader can prepare for this kind of situation. It was plain bad luck...It was coincidence that it happened at the HOD in my opinion. It was an obvious screw up somewhere that led to a catastrophic loss.. actually the loss was manageable..I never trade more than I can afford to totally lose.... It was a disaster yes, but I'm just glad it happened with a relatively small acct....it was still a shitload of money, but oh well....another lesson.. But it was definitely not a normal trading situation that I should have handled better.. In my opinion., Feel free to disagree rok