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

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To: Mark Davis who wrote (5941)	12/4/1998 2:44:00 AM
From: pae	Read Replies (2) of 12617

"Pure Gambling"? No, pure gambling is when you are betting against the house and the house is winning. Reread the WSJ journal article you seem to have paraphrased. The establishments largest complaint seems to be that the retail investors are making money and they (the suits) are not. Normally I would try to ignore the sour grapes but the NASD is defining the "problem" as the "daytrader problem" and is seeking a "solution". Sounds to me like the house wants to rig the tables a little more. After all, how can the suits con college grads into "paying their dues" whilst the suits pocket the big bonuses if a mere college student can make $100,000 in a relatively short time. Tsk, tsk, hrmph, hrmph. Can't let this happen. Wouldn't want to have to make room for the customers' yachts, after all. interactive.wsj.com

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