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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who wrote (4057)5/10/1998 12:43:00 PM
From: funk  Read Replies (1) of 12617
 
Irby I agree, I have used news to my detriment, rationalizing a losing trade, because of the "news".

Steve you claim CNBC is so important, and for a busy trading desk working orders for many clients.... I am not going to argue it, I'm sure you are right.

However for a one man or woman operation, I will stand pat with what I said before.

CNBC is a distraction. Who cares what the "news" {and I use that term loosely} is?

As irby said so consisely, what is the stock doing? That's all that matters.

I will contend that for the majority of daytraders CNBC is of an ever diminishing value.

Truthfully I miss Mark Haines in the morning. Thats it though.

funk

If I was a bigshot, then maybe I would sing a different tune, but I'm not sure I would, Commercialized Television is SOOOOOooooooo inefficient, for the end user!

funk
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