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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (8515)4/23/2001 4:21:38 AM
From: Dale Baker  Read Replies (1) | Respond to of 19633
 
The daytraders are swamped in numbers and trading volume by the 6-10,000 hedge funds out there playing with much bigger bankrolls and an equally short attention span. Daytraders don't toss 10-20,000 shares at the bid or ask on a hunch before lunch.

In addition, the end of lockups in most tech IPO's and the end of new tech IPO's means far fewer high flyers with tiny floats that daytraders could have an impact on. It takes some serious $$$ to move these puppies now.



To: Tom Hua who wrote (8515)4/23/2001 7:49:47 AM
From: Mama Bear  Respond to of 19633
 
Tom, I'm not the one who keeps on bring up that 'daytraders' are 'losers'. I'm the one that looks at the bogus stats and studies and sees what the folks who did them excluded and included to get their work to give the results they wanted.

Regards,

Barb


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