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To: advocatedevil who wrote (3256)12/13/2002 5:52:38 PM
From: Return to Sender  Read Replies (2) | Respond to of 13403
 
OT: Congratulations! I can't even come close to your results but I hope that things will look up for me soon. All throughout the recent rally the market gapped higher and held nearly every day. Now it looks like the reverse may be something we should expect. The 50 day moving averages have by in large held thus far but one gap down on Monday or Tuesday next week and that could change for the SOX as the market continues to roll over.

stockcharts.com[h,a]daclyyay[pb50,200!d20,2!c20!c10!c200][vc60][iUb14!Uk14!La12,26,9!Ld20]&pref=G

Enjoy your weekend. You've earned it.

RtS



To: advocatedevil who wrote (3256)12/13/2002 7:40:56 PM
From: Sarmad Y. Hermiz  Respond to of 13403
 
>> with an 84% win/loss percentage

Congratulations, AD. I think the win/loss % is even more impressive than the amount.

But I am always puzzled by something. Someone else was on the other side of these trades. And even though they may want to keep coming back and doing their losing trades, they should soon run out of funds.

The brokerage houses have trading departments that employ thousands of people and pay many $billions in salaries and bonuses. All those sums are generated from the luckless amateur traders who put their coin in the slot, and go away empty handed.

Besides that, the stock brokerage industry employs hundreds of thousands of people. Pay $billions in rents and taxes.

And all those are living on the luckless stock gambler. Three cheers for the poor (and getting poorer) fella. He's supporting the whole economy, practically.

Have a good weekend, all.

Sarmad