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To: Micawber who wrote (12706)8/25/1999 10:35:00 AM
From: Scarecrow  Read Replies (1) | Respond to of 19700
 
Brian -

Stat in "Time" mag last week: 71 percent of all daytraders report that they are in the red.

And that prolly doesn't include those who are lying about their gains!

Cramer had an interesting article in there as well just raining all over them. His point: you CAN'T predict what the next tick is, which is why it's like gambling. Sooner or later, it all goes to the house.



To: Micawber who wrote (12706)8/25/1999 3:46:00 PM
From: bargainman  Read Replies (1) | Respond to of 19700
 
Re: morning rally, afternoon selloff. Today, the exception that proves the rule?