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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Boom Dog who wrote (2194)	7/30/1999 12:22:00 PM
From: marketbrief.com	Read Replies (1) \| Respond to of 18137

Boomdog I just took a quarter out of FRMY (Frankincense and Myrrh), lol. ~Smart$

To: Boom Dog who wrote (2194)	7/30/1999 12:52:00 PM
From: Craig	Read Replies (3) \| Respond to of 18137

Ok, frankincense and myrrh were poor, off the top of the head examples. But stocks are objects, ownership of a company, not some ethereal electrons being passed back and forth across wires. Whether you own it for seconds or years it is still a physical object. Trading was derived from commodities..coffee...oil.. you name it. That is what has been done for hundreds of years. Even then, as it is now, information is the key. It was the quick trader who had access to information first and used it wisely that profited. For example, and this is all of the top of my head so please excuse any errors, there was an English family that made a fortune off of having the news of Wellington's victory over Napoleon. They bought and sold off that news in a very short time frame. Selfish pursuit..that I have a hard time swallowing. Let me put it another way. My goal in life is to provide for my family and to do so in a manner that creates as many options for them and myself as possible. Whether it is gluing sawdust together to make a board for cheap furniture or daytrading stocks, the goal is to make money to open doors in our lives, and I am not just talking selfish material things. I envy people who have careers that provide purpose and growth to there lives. I have not found one, and I think I am the majority. We work for the paycheck. We do not make substantial contributions to society. We exist. So tell I am wrong by finding something I enjoy, changing my attitude about life because eight hours are not spent not working for myself. It affects me, my family, and the society I am part of. I apologize for the diatribe, but you and I have different purposes in this pursuit. I wanted to make mine clearer.