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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Bucky Katt who wrote (2159)1/21/1999 9:36:00 AM
From: Rande Is  Respond to of 57584
 
SGI upgrades and CNBC talk. One of our long termers. Great company.

Could we see perfume in the 5s? Would love to be a buyer at 5 and a half.

Rande Is



To: Bucky Katt who wrote (2159)1/21/1999 11:08:00 AM
From: ~digs  Read Replies (2) | Respond to of 57584
 
<<<Another point about the heavy day traders is the leverage their brokers allow. You can
put up as little as 25k, and they will let you play with 250k, only on day trades, no
overnite holds.
That is why we have the volatility we have now, it's all borrowed money......>>>

"As Chris Meyer of Ernst & Young points out, when you introduce the dimension of time, it becomes the stockpile of money times the velocity of money. If the velocity of money is infinite, then you don't need and money (or, say, only one dollar)."

--Stan Davis (in Future Perfect)

It seems money is approaching that infinite speed as daytraders can leverage 25K into 250K. I see the markets becoming more volatile then they are currently.

By the way, I'm on chapter three (book review for mgmt class :-).