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To: steve goldman who wrote (5945)12/4/1998 6:49:00 PM
From: Harry J. Finn  Read Replies (2) | Respond to of 12617
 
Our day trading days may not be long for this world. I have been following this board for a long time but never contributed. I have been waiting for someone to comment on an article in the WSJ a few weeks ago.

Seems a day trader from Indiana is suing the company he used to trade for not stopping him from trading and losing his own money. Mind you he entered his own trades based on his own decisions. Yet he now wants the company to be responsible for his actions. If law suits like this are not thrown out the industry will take steps to curtail our ability to decide for ourselves. I wish I had the article so I could post this whiners name, address and the attorney's name that even took such a case. Then we could all call and let him know how we feel. Our system is being bogged down with people not wanting to be responsible for their own actions. The legal profession is also at fault. Taking cases that should never be looked at. Shakespear was right.

What really needs to be addressed is the implications a case like this can mean for all day traders. If the systems we use are going to be responsible for our actions when they have no part in what we do they will have to begin to restrict us. I don't want that. This creep and his attorney in Indiana need to be booted out of court. Neither is any form of a man in my view. A whiner and liar for hire.

The question is what do we do to see that we don't come under restrictions? I am willing to be accountable for my own actions, unlike this weasel, but want to be free to act. This case could change all that. Any comments?