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To: Bill Harmond who wrote (83008)11/3/1999 4:11:00 PM
From: re3  Read Replies (1) | Respond to of 164684
 
well, of course not...i didn't say anything about bank robbery, but i'll tell you, people go into these day trading barns with out understanding what is going on...they get seduced by these silly level quotes, ok, you get a stock a 1/8th cheaper (whats that 12 cents) but pay 2.5 cents to buy it...imagine, bright educated people brainwashed they can't go take a effing piss break cause they must watch their stocks...

i know most of you work from home or whatever, but this pure daytrading in these barns is pure b-shit...robbery, yeah in a way...



To: Bill Harmond who wrote (83008)11/3/1999 5:21:00 PM
From: Eric Wells  Respond to of 164684
 
>>I don't see a parallel between individual investing
>>and bank robbery, though.

William - I don't either. But from your statement above, I assume that you misinterpreted my earlier remarks. So I will explain: Robert made a statement suggesting that getting rich was more important than being right - my bank robbery example was intended to counter this assertion. - that there are times when one should forego financial gains to do the right thing.

One could make a plausible argument that inflated stock prices could ultimately be damaging to our economy as a whole - that inflated stock prices could introduce inflation into the overall economy. I believe we are at risk of this - and as long as we continue to prop up stock prices to ever greater levels, the risk persists. You may disagree.

Thanks,
-Eric