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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 94.26-11.1%Dec 12 3:59 PM EST

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To: MileHigh who wrote (15432)2/11/1999 7:09:00 AM
From: Gary Wisdom   of 93625
 
Here's the real sad truth

Every 5 minutes on CNBC, they have some talking head from one of the brokerage houses saying how this market is a bubble and how daytraders are ruining it.

The sad truth is that due to them talking the market down, their return for their investors is negative this year, once again.

From my unscientific study, most daytraders I know are still up fairly significantly this year.

So, who's the real loser here? FWIW, I'd rather put my money in a non-interest bearing savings account than to give any to those idiots at Merrill, Prudential, et al. How many of you have friends that opened their year end statements recently only to discover that with the market up 28% or so last year, their accounts actually went down or at best stayed the same? Sad, huh?

<ggg>
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