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Strategies & Market Trends : Take the Money and Run

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To: gypsees who wrote (6343)6/27/2002 3:05:30 PM
From: ChrisJP  Read Replies (7) of 17639
 
Hi gypsees -- the things I will say to get some mail in my in-box, lol !

You asked: Is it parasitic to sell a house versus buy one? My answer: No.

But you should have asked, " Is it parasitic to borrow a house from someone and sell it (meaning you never owned it in the first place) versus buying one ?"

My answer: Yes. :-))

Does trading stocks (both long and short) contribute one iota to our Nation's GDP ? When the day is done, has a day trader built anything or provided a service of any value to anyone (other than to themselves) ?

Ummmmmmmmmm ....... I don't think so.......

Chris
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