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To: Chispas who wrote (71869)6/16/2001 4:52:35 PM
From: Gary H  Respond to of 116791
 
"What is disturbing is that institutional investors (banks, brokerages, mutual funds, insurance companies, pension funds) were still able to trade. The malfunctioning software system applied only to retail investors.

Why do retail investors trade on separate software? Because we are second-class citizens when it comes to the NYSE. Despite our increasing numbers, we are out of the loop."

Couldn't agree with this more. Big money and brokers consider us as sheep for shearing and slaughter. Five bucks for every time I've seen a broker recommendation only to look at the charts and see that that particular stock has come well off a bottom (and later seen it turn down within a small % of the recommendation) would turn those fiver's into a tidy sum. I'd bet another fiver that THEY bought at the bottom. Let's face it, THEY have more resources then we do.A good alterative would be to watch and know the charts and sell when recommended or shortly after. Sure as hell that's what THEY are doing.