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Non-Tech : A.B. WATLEY - THE ULTIMATE TRADER! -- Ignore unavailable to you. Want to Upgrade?


To: jebj who wrote (833)3/15/1999 2:56:00 PM
From: Michael Turner  Respond to of 2045
 
JB,

You are absolutely right. This is perhaps because the market has had such an upward bias for the past decade. Last October when the market caved in, I personally knew a large handful of people who blew themselves up when the market didn't bounce back right away.

I fear that many of the 30% or so that are currently successful (i.e., not losing money) may die by the sword WHEN the market takes another nosedive.

Keep your eyes pealed,

Michael Turner
Author
DayTrading into the Millennium
tradersresource.com