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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A href="mailto:delta88343@xxxxxxx"
title=delta88343@xxxxxxx>delta88343@xxxxxxx
To: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx"
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, May 23, 2001 7:00
PM
Subject: Re: [RT] R Points
I can spell just fine thank
you and i don't believe I said anything that would indicate I was trying
to defend Delta, except simply that there was a good correlation between
the projected points and actual turns in the market. In a post I just
made, I proposed an experiment where many individuals pick random dates
for random months and indicate whether they would be highs or lows. Again
I state the results one way or another would be most interesting. And
congratulations on your degrees. I'm sure you're very proud of them as I
would be.
NW: Speaking of degrees,
when I was on the CBOE trading floor, the post I traded at was located near
the entrance to the floor. New members got a green badge for their first month
and the members were supposed to help the newbies and give them a break if
they made a mistake. When things were slow, I would stop the green badges
walking by and get to know them. I noticed after awhile, the more degrees they
had the better I liked taking the other side of their trades. When the market
starting moving, they stood their like a deer in headlights overanalyzing why
the the event that was happening was happening. While they were analyzing, I
had already taken their offer or hit and their bid and the market was on its
way. After a while, I went out of my way to be nice to those new members
with advanced degrees to coax them to trade at my post. It was a very good
thing. <G>
Cheers,
NormanTo
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