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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Carl R. who wrote (5977)6/17/1999 9:46:00 AM
From: Berk  Respond to of 15132
 
Day trading: sign of a top? Somewhere, buried real deep due to two relocations, I have an article about trading done in SE Asia prior to their long bear markets. At the time my only thought was shades of 1929. Why? The article (which appeared in the Economist I believe)talked about how businesses were making it convenient for day traders to trade. What brought about the '29 thought was a photo which showed traders doing their thing in a bar, yes, a bar. I believe the phrase to apply is "reckless abandon."



To: Carl R. who wrote (5977)6/20/1999 1:10:00 PM
From: Lars  Respond to of 15132
 
Carl,

>>>
It features Lawrence Black, a 27 year old who traded $1 billion of stock last year, and netted $1 million. He puts the money he pulls out of the market into CDs because he doesn't trust stocks. <G>

Carl
>>>
Ahh....a conservative investor. HA!


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