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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who wrote (187684)8/14/2002 2:28:09 AM
From: H James Morris  Read Replies (1) of 436258
 
Luc, maybe you could give Ninfa a day trading lesson.
>>Ninfa Fabila, a 52-year-old nurse from Los Angeles, watched her 401(k) retirement savings account lose half its value before she pulled the money out of the stock market at the end of last year.

Now, she's looking for a way to boost her retirement nest egg without relying on buy-and-hold investing in shares. Instead, Fabila wants to learn how to trade the market, she said.

"Right now I would not risk my money buying and holding stocks," Fabila said. "It's the traders who are doing well. The sellers are making a lot of profit by 'shorting' stocks," she said, referring to a strategy that profits when stocks go down.<<
latimes.com
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