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Strategies & Market Trends : Rande Is . . . HOME

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To: Bucky Katt who wrote (3373)	2/12/1999 3:34:00 PM
From: Rande Is	Read Replies (1) of 57584

Watching daytraders IRC is a joke, now that there are more shorts than longs. . . .a stock gets picked, it goes up an 1/8th, then the ask loads up and it comes down an 1/8th. Only one making any money is the brokerage houses on the comissions in high volume. Coupled with this new possible trading halt on Nasdaq stocks, daytraders are getting attacked from all sides. Nasdaq gains are often made thru daytrading spikes, folks. Take away the daytraders and the Nasdaq is going where it has never been, IMO. High volume and volatility is FAR better than the ultra low volume of a bear market. Rande Is

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