Steven Smith Working for a Living 3/07/03 01:17 PM ET Isn't this so much fun? I was talking with someone who has trading in S&P futures pit for over 18 years now and he says the mood has never been worse. What's strange is that the locals and brokers, since they don't really care what direction the market goes or where it closes, used to love days like this; lot's of swings, holding and reversing off established levels, providing plenty of opportunity. But apparently the lack of paper at incremental price levels is making it impossible to trade without feeling like you can get your head handed to you at any moment. He says the question of everyones lips "So, what are you gonna do when you can't trade anymore?" A capitulation of another kind?