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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Benkea who wrote (41224)6/30/1999 6:54:00 PM
From: clochard  Read Replies (1) | Respond to of 94695
 
Amateur daytraders are in the process of loosing all their borrowed money. A lot of them have been in business only these last few months, hoping to cash in on the bull, but getting whipsawed into bankruptcy. They can rally but they can't keep the profits. Soon they'll be back to lotto and scratch-offs.



To: Benkea who wrote (41224)6/30/1999 8:08:00 PM
From: per strandberg  Read Replies (2) | Respond to of 94695
 
Benkea,
What percentage of the daytraders do you think even know what
discount the next 10 years cash-flow to the present
means?