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To: Joe Copia who wrote (2275)3/6/1998 7:22:00 PM
From: bob  Respond to of 6654
 
OK, I'll go with that as well.



To: Joe Copia who wrote (2275)3/7/1998 4:13:00 PM
From: D LEE  Read Replies (2) | Respond to of 6654
 
[ "THOSE DARNED DAYTRADERS"-----"THOSE DARNED DAYTRADERS!" ]

Joe? I think your statement makes a lot of sense.

I've heard big wig professionals complain on the air
about daytraders. They say "these daytraders" are acting like kids
on a pinball machine. What the heck is wrong with that??

They may respond by saying confusion results from this wild
unreasonable behavior for the more dedicated investor.
Also, making it easier for something called market "frothing" to
take place, which they view as a sign to prepare for the step
to follow, a severe drop in market prices. Fearing that, and
the damage it brings, they are very concerned and strive
to control it.

This wonderful technology, allowing us to act on quick decisions
from the comfort of our own homes, has a lot to do with that.
I don't want to admit it is to blame for any danger because
the "government", be it national or NASDAQ or a combination of both
will proclaim that we, as their "babies", must be taken care of and
may move to take away large portions of this wonderful freedom.

Any one who can stand up on their own two feet and decisively
move into and out of one or several securities in a short
period of time is #1-A"OK" in my book, and seeing their names
"plastered all over the S I Threads" warms my heart (if you'll
pardon the expression) because it lets me know this freedom
is alive and well.

Daytraders perform a valuable function. I would like to be one!
If what the big wigs say is true, I've done my DD and qualify!
freecartoons.com ....tells me I'm young enough to
take it, and smart enough to know they needn't remove
any freedom from me for being a "kid at heart".

For me, "Joe PTG&LI !!!" ....is right.

(I'm beginning to like "those letters"!!)

Now....IF I ONLY HAD THE $$$$$$$$$$ <vbg>