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Non-Tech : E.Schwab problems

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To: stock bull who wrote (1029)1/6/2005 8:17:30 PM
From: scaram(o)uche  Read Replies (1) of 1401
 
>> IMO, by the time we get the news the "Street" has already acted on it. The pros on Wall Street are always ahead of the game, and very hard to beat. <<

Your opinion is flat out wrong. Try following this thread.....

Subject 54349

Every month or so, someone (usually me) will catch a runner, and catch it first. Trading on news takes incredible concentration. It's very, very hard work, and you need to know the stock (unless it's something like stem cell news, and then you can be casual and clumsy and still do well).

Runners don't happen every day, but news scalps -- arriving first or at least very early -- are a flat out given, day in, day out.
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