DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Mark Davis who wrote (3076)	8/19/1999 2:18:00 AM
From: Dr. Voodoo	Read Replies (1) of 18137

Mark, With all due respect this is part of the game, whether it's via internet or at the water cooler, any stock info you get from such, clearly you didn't figure out on your own. Some are leaders, some are followers but all are ultimately responsible for their own actions. Also, whose to say that the followers don't bring something to a chat room too. I don't see how if you blindly follow someone's picks that you don't get hosed. To suggest that the people who follow others picks are irresponsible automatons is a little patronizing don't you think? For me personally, these 'picks' often provide volatility and liquidity to make a quick trade without being a 'daytrader'. Often they serve to make a significant market out of an issue that ordinarily would receive little or no attention. The fact that bigger hands than mine may be at the card table makes little difference, other than the fact that at least now I know whose playing! And from a company's perspective, it's no different than any of the Wallstreet rags that run 'stories' on particular stocks. IMO, It's all beware the messenger! V

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