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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Cheeky Kid who wrote (65172)	12/28/2000 9:42:11 AM
From: Kevin Podsiadlik	Respond to of 122087

So you're pining for the days when brokers charged $100 a trade? Put online brokers basically out of business? I don't think you're getting that genie back in the bottle anytime soon. Besides, people have gotten really cynical about broker advice. They believe, and in many cases, rightly so, that the broker is not acting in their best interest. If a broker suggests buying something, the reaction, more and more often, is to think that the broker just wants to sell it. I see the day coming soon when lawyer and politician jokes are applied to professional stock analysts. You may not like that people are free to dump stocks with abandon, but that same freedom is what got the Naz to 5000 in the first place. You want stability, buy bonds. Otherwise, it's lead, follow, or get out of the way.

To: Cheeky Kid who wrote (65172)	12/28/2000 11:44:00 AM
From: Druss	Respond to of 122087

Cheeky--I hope you aren't serious. I remember those days too. I started out small. Damn near a waste of my time. I was doing real well on paper until time for the broker to collect. They took my profit on some of my investments, on one I was up 15% until they took it all. I ended up with a $30 loss. I am supposed to be happy if I call them and they give me some platitudes about how they are investing in a particular stock or the same one I am in? I am sorry but that is an inane way of thinking and far too typical of the attitude that somehow unprofessional small investors are messing up the game for everyone. It is a crock! The small investors are viewed as the rightful prey of every analyst, tout, and big player on the Street. The majority of money on the Street is still moving in the funds. Don't kid yourself, many of those funds were up to their necks and beyond in those momentum stocks, internet plays, and fads. They were playing the same game as everyone else, dive out just before it drops. I think it ridiculous to advocate blaming it on the small investors and going back to letting brokers thieve from them. Druss