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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (11044)	12/6/1998 9:53:00 PM
From: Ken W	Read Replies (1) \| Respond to of 29382

Sergio, Reading the article that you and Max have posted re: The daytrader "problem" Interesting that the article did not mention the volume and price of some of the stocks that are being "run". They do mention the lower priced stocks by beginning and "insane" inflation of price from single digit to double digit. However, they failed to mention that EBAY, AMZN, YHOO, INKT just to name a few have traded in the 100 to 200 dollar range for a good deal of time and in volume of the millions per day. Now, Ma and Pa are sitting at there computer, Junior is at his computer and are swinging these stocks 10 to 20 dollars per day.......BS!!!!!!!!! When WellsFargo was trading at 100 dollars per the "big three" were hyping the damn thing to go to 300...it did, never split and locked out all but the wealthy. Now they want to blame the little guy for the internet frenzy and all the while, I'd bet the farm on it they are "helping themselves" to the spoils to. Reminds me of when one of the suits was sitting on CNBC and let it slip that there were to many of "those people" driving Mercedes Benz. Ken