Brokerage-Chat Site Securities Fraud: A Lawsuit Message Board

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Pastimes : Brokerage-Chat Site Securities Fraud: A Lawsuit

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To: CountofMoneyCristo who wrote (1969)	7/22/2003 8:13:43 PM
From: Jon Tara	Read Replies (1) of 3143

Well, there you go. Another hind-sight market top indicator from March, 2000: 1. A personal trainer I knew (not mine - another that worked at the same gym) was day-trading in between sets. OTC-BBs. 2. Walked down an aisle of cubicles at work - maybe a half-dozen cubicles - each cubicle displayed a brokerage screen. (No, not a securities trading firm. A firm developing Bluetooth hardware and software.) 3. A co-worker says she's not ready to sell her Qualcomm stock (that she got when she was an employee) when I say it looks toppy. Reason? A drug-dealer lives next door. She wants to wait till the Qualcomm stock is worth enough to "make him an offer he can't refuse" so that she can buy the property and free the neighborhood of a menace. Not "I disagree, I think it will go further". Just hasn't reached her goal. No thought that it might not. Noble cause. But putting the cart before the horse. 4. The Count starts giving trading advice. Damn, wish I'd known #4. Maybe it would have induced me to get out in March, instead of waiting till July-August.

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