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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (66262)	9/27/2003 4:55:28 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

Don't get me wrong, I'm just scalping a little and not playing very big either. Like most of my money since Jan , has been going into I-bonds I'm just betting stocks with only the "profits" I made from the early run up, and I've been betting both ways since August.. but not big at all. --- To old to run a lot of risk, and I'm teaching my wife when & how to ladder bonds..as that's about all she wants to learn. --- I do notice that in my betting small I'm not playing with "scared" money and as long as I don't play with scared money I do a lot better. --- I'm still buying some real estate..but only stuff that I can go look at and walk on, and only if it is already dirt cheap. --- BTW come Nov 1 , the fixed part of the I-bond will drop to reflect the last Fed cut..now we can't tell or do anything about the CPI part..but by the end of OCT I'll have bought my 30K limit for the year of I-bonds in order to get in before the fixed part drops. They are still paying 4.66% and that's more than the 10yr tsy, so I see no sense in buying longer term bonds at this time. --- Jim PS The term "scalping" first came into use with SOES bandits who moved fast between market makers and got small improvements on the bid/ask that's mostly gone away now, and the term is now generic to any fast trade. My regular account is tagged as a "pattern day trader" Some times I even slip a fast day trade into my IRA.. but I have to wait until settelment if I max out my cash before I can do another one..