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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 (40189)	5/22/1999 9:50:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

Hi Bill; Re >>it puts you in the same pressure cooker environment as the MMs but without benefit of their information. << The last part gives them an advantage, but the first part I can avoid, they have to trade every day, and I don't. Like I was saying more often than not I'm out of the market, and in the Money Market, I do miss a lot of trades but I avoid the pressure cooker. Been there and done that and it's not fun, "patience" is the word , if I miss a trade I just wait and the market will give me another chance to bet before too long. At times I wish I had taken a position but I know I can't let that get to me. Like I wasn't fast enough on the last roll over to catch the drop in the qqq , but that's water over the dam. She has to go back up, or run out of downside Mo Mo now; before I'll even entertain placing a bet. With the MMs they have overhead every day, and a sort of "quota" to meet, me I can take the day off and not worry about losing my job. Jim