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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: TFF who wrote (7465)	6/7/1999 8:48:00 AM
From: TraderAlan	Read Replies (2) \| Respond to of 12617

Taf, <day traders who gorged on such stocks are in near-shock. Many are facing large portfolio losses> I saw the same twisted comment in a thestreet.com article last week. The simple logic lost by the press is that if you're really a day trader, you DON'T HAVE A PORTFOLIO. So if they're just dumb speculators, why slap the evil "day trader" label on them? Because it raises mindless fear in their readers. Alan

To: TFF who wrote (7465)	6/7/1999 12:54:00 PM
From: Dave O.	Respond to of 12617

The woman profiled sounds like she is addicted and now has reached the "gambling" stage. She's apparently selling her condo/townhouse to raise capital so she can start trading again. Sounds like a move of desperation when one sells their residence. And riding 2K shares from $42 to $20 .... how on earth will she handle the next speculative stock that goes into a freefall? Has she really learned a lesson? Although she may have started out as a day trader she made that very common mistake of letting the small losses become devastating. And what happens if she loses the capital generated from her condo equity? I wonder if she's looked that far down the road. Dave