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Non-Tech : Wit Capital - The way of the future?
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To: Bald Man from Mars who wrote (15465)5/23/2000 4:47:00 PM
From: eDollar.com  Read Replies (1) of 16809
 
Ya,
Like my DCLK +3 in morning closed -6
LBRT + 2 Intradey closed -2.

Here we have 20% swing in few hrs. Guess what in LT cap gain u save 20% atmost in a year and that too if u fall in 40% bracket. For most folk the saving is like 12%.

Sure u miss compounding effect, but a month like this and '98 October can take your compunding out.
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