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

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To: peter gucker who wrote (6317)	1/30/1999 11:43:00 AM
From: Devin McBeth	Read Replies (2) of 12617

Peter, <In my opinion day trading is wrecking havoc on all the usual technical indicators, therefore throwing all of the big boys buying and selling habits askew. Perhaps that is why, all of this crap is coming out all of a sudden.> I tend to agree. If that, in fact, is the case, what's to best way as a day trader to take advantage of the "institutional lag?" Is day trading going to continue to push the envelope as more and more individuals join the day-trading ranks or...as many of the so-called "experts" foretell, will we all be shaken out when the momentum stalls and the market crashes? Seems to me that all the focus in the August dip was on the individual investor that DID NOT panic. It was the institutions that pulled money out...the individual investor saw a wonderful buying opportunity. I think "they" protest too much and don't practice what they preach and what many individuals already know..."stay the course when there's no reason not too." How do you argue with the 4th Quarter GDP of 5.6%

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