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To: H James Morris who wrote (14328)8/22/1998 2:08:00 PM
From: zax  Respond to of 164684
 
Great post, James!

Never thought I'd be classified, but I actually felt spoken about reading the article.

I am of that 1/2 of 1% of 401Kers spoken of in this post.
I'm not a day trader, but one of the "unknown" primarily internet based traders with a day job, and I'm waiting to learn much more before I start playing with derivatives like stock options.

I moved my 401K from stock index 500 to bonds four weeks ago, which had always been in the stock index fund before that. Guess this makes me a "timer" by the classifications given out there. Also went from a large long position on the market to a large net short position on the market at and around that point.

I'd prefer, over "timer" to be called a "zero momentum player of stock versus time curve inflections". I guess two syllable words are easier for the press to remember.

Thanks for the good read.

regards,

-- Eric