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To: Sonki who wrote (6943)3/17/1999 8:59:00 PM
From: Jenne  Read Replies (1) | Respond to of 41369
 
60 Minutes II 9:PM EST Channel 4
Program Type: Network Series / Investigative
Scheduled: stock market ''day trading'' on the Internet;



To: Sonki who wrote (6943)3/18/1999 5:16:00 AM
From: Frank Ellis Morris  Respond to of 41369
 
Good morning Sonki,

I am sorry that I did not read your post about 60 minutes until this morning. The segment was very good about on line traders who go to the computer mills seeking a pot of gold by making many quick in and out trades all day long. The segment showed a women who was thrilled to have made $5000.00 in a few minutes when she was only wanting to make $500. Later her euphoria turned to fear and gloom when her other trades did not do well. Another trader admitted that it is nothing but casino gambling and he had lost his inheritance of $200,000. Gambling becomes a compulsive unstopable addiction that runs and wrecks your life. Conclusion: nothing beats buying and holding of good quality stocks.

Best Wishes
Frank