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Author: iamdb Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35387  
Subject: Re: Strong Hands/ Weak Hands Date: 12/4/2002 12:08 AM
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Charlie,

I think I did understand your idea of strong vs weak hands, although that is not the way I'm used to thinking about the strong/weak hand dichotomy.

In my experience, the strong/weak hand distinction is usually made regarding the ability to hold an asset during adversity: Strong hands can weather an adverse condition; weak hands are likely to fold during a similar situation.

You seem to be using a strong/weak hand distinction situationally, with role reversals depending on a current event (buying/selling). This seems different from strong/weak hand distinction as a more or less abiding condition. The party with substantial assets might be thought to have stong hands; the party with less substantial assets has weaker hands. That is, the playing field is inheritantly unequal rather than situationally unequal. For example, this is how a larger competitor might drive a smaller competitor out of business through a period of price slashing.

db
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