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Pastimes : Brokerage-Chat Site Securities Fraud: A Lawsuit -- Ignore unavailable to you. Want to Upgrade?

To: CountofMoneyCristo who wrote (1322)	7/1/2003 4:38:48 PM
From: Dave O.	Read Replies (1) \| Respond to of 3143

FYI: Message 19076706 One excerpt: U.S. District Judge Milton Pollack in Manhattan called the plaintiffs ``high-risk speculators'' who ``now hope to twist the federal securities laws into a scheme of cost-free speculators' insurance.'' If not mistaken, in your claims I thought I read that the picks you chose to trade were meant to be intra-day trades. Is that correct? Sounds like "speculating" to me. From an earlier post of yours: "how could all of these clients be wiped out when the NASDAQ was rocketing?" So you have proof that traders were "wiped out" when the NASDAQ was "rocketing"? Anyone who got wiped out back in 1998 or 1999 was a horrendous trader in my opinion. The market was practically an ATM machine back then, again, in my opinion. If not mistaken, the NASDAQ (COMPX) was up 87% in 1999. Some people are flat out not meant to be traders as they lack the knowledge of the markets and also lack the discipline to cut losses quickly.