RE: some s&p guidelines for wild days

["Neil Harrington" <njhprovo@xxxxxxxxxx>]

TJ,

Thanks for your insights. One question...

|  -----Original Message-----
|  From: Trade Jack [mailto:trade_jack@xxxxxxxxx]
|  Sent: Thursday, August 27, 1998 10:32 PM
|  To: omega-list@xxxxxxxxxx
|  Subject: some s&p guidelines for wild days
|
|<SNIP>

|  my best advice: don't trade.  the markets will settle down and things
|  will get back to normal.


How would you advise a one or two lot trader to make the decision to trade
or not trade on a particular day. In other words, there seem to be many days
the S&P can be excessively volatile in the first 15 minutes or so, then
settle into a typical day. If you were a one or two lot trader, how and when
do you decide today is a day not to trade because... ?

Thanks again for what you have already said and for any further insights.

Neil


|
|  TJ
|
|  contrary to popular belief, traders who make big bucks today are
|  meanier than junkyard pit bulls by the close.
|  handling losers is a hell of a lot easier than managing winners on
|  wild days.
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