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To: ViperChick Secret Agent 006.9 who wrote (35621)	2/26/1998 4:05:00 PM
From: Nemer	Respond to of 58727

SPY and DIA I've paper traded with my broker today, as he is nearly as interested with these new minute by minute forecasts the big box is chunking out as I am ----phone call to him , elapsed time estimated on his end to create execution, him calling the trading floor to get the price, and him calling me to confirm. We logged it in and looked at the end of the day. I am convinced to find another way. I'm not going to risk $ 50k + on three trades to make less than $500 dollars..... that's $150k + with 3 transactions and the sky could fall on Iraq at any time or Slick have a heart attack, or something BAD and the market would gobble up several weeks of profits in the length of time it would take me to get out....... I understand the stops and the stop losses and the whole protection manner but risk/reward is too lopsided for me in this manner .....and BTW trading stocks my commish is zero cause he has set me up with a (what he calls a ) wrap account and I pay a quarterly fee, no matter the number of trades. Regards---Nemer