To: Forest Gump who wrote (167 ) 1/14/1999 9:16:00 PM From: Don Pueblo Read Replies (2) | Respond to of 330
You want day trader chuckles? I got a couple: I'll tell you one. For about 3 months, starting last April, we had this dude in the place who used to be a judge. We all called him "Judge". He was about 75 years old, wore the same pair of jacked up polyester pants every day. Wore this stupid hat too, like a beat up 1940's hat. He was a friggin' crack up. He would sit there and trade COMS. Here is what he would do: He would come in at about 9, and sit down and wait for the market to open. Then he would wait for COMS to peak out, and he would buy 100 shares. Then he would fall asleep. When he woke up around noon, COMS would be down about a point and a half. So he would go out and get some lunch, and come back and watch for COMS to peak. Then he would buy 100 shares. Then he would fall asleep. When he woke up, we would ask him how he was doing. Every day, he would say, "Down a little." and then he would start yapping about COMS. I mean he knew what the Receptionist was reading. He knew the company. Knew the news. He knew everything about 3 Com. Every day, he bought more. Never sold it. I mean the BD was trying to help him, and trying to get him to buy on the dips and all that, and we would have to watch and make sure he wasn't falling asleep, because we thought the old geezer was tossing his dough down the toilet. The BD was really worried. Ended up the Judge had like 20,000 shares of COMS there at the end. He was down like about10 points on 20,000 shares. Then the BD happened to be talking to the Judge one day and the Judge mentioned casually that he was thinking about selling one of his orchards. 1200 acres. One of his orchards. So the BD kicked him out of the trading center in June, because he was only doing 2 tickets a day. Then COMS went to 50, and the Judge sold all his shares, "nice round number", and came in and walked around and told us all what idiots we were for not buying COMS.