Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : CYBERTRADER -- Ignore unavailable to you. Want to Upgrade?

To: William W. Dwyer, Jr. who wrote (2286)	4/4/1999 6:45:00 PM
From: Dan Clark	Read Replies (1) \| Respond to of 3216

Bill, while I strongly support the SEC's efforts to attack the spammers, front runners and hype artists, a major issue here is the veracity of Day Traders Online versus the Wall Street Journal(WSJ). Regarding Day Traders Online, I've been a member of their lower cost service for the last two months. It's a little difficult to tell, but they seem to be open and honest, and do NOT hype stocks. IF they are in violation of SEC regulations, then they should be nailed. But... The Wall Street Journal and other New York based news media seem to have lost their journalistic ethics. In the last several months, the WSJ (and the NY Times) has run several EXTREMELY negative articles about day traders. Everything that could possibly be wrong with aggressively trading stocks has been brought up. Virtually all information has a negative slant. Instead of providing fair coverage, they dwell on those that have lost money trading in the market and don't even mention those that have gained money trading in the market. Instead of covering a balanced view of ECN's versus the traditional brokerages/exchanges, they picture the ECNs as bad for investors and traders. ** Instead of discussing the range of people trading, they imply that there are only 3,000 day traders who work "...like frenzied lemmings..." scalping a teenie a thousand times a day. They do not mention the tens of thousands of full and part-time "day traders" who have a large range of styles. Retired folks that make a trade or two a day. Software developers who make three trades in the morning before going off to work. Attorneys and doctors who quit the practices to day trade and invest aggressively. So why are these "reputable" journals doing it? MONEY! Look at the WSJ advertising. Check the number of full-page ads for the large, old-line brokerages, mutual funds and other financial institutions. These antiquated institutions are losing customers right and left to the "evil" competition - online, electronic day trading. If people can day trade electronically, why waste their money giving it to an institution. Therefor, money moves from out of the old-guard and into new methodologies. With less money, the GOBs (good-ol-boys) spend less on advertising. And, who do they spend their advertising money on? You guessed it! These journals aren't representing a balanced picture of the market, they are simply fighting their advertiser's competition. I don't mind slanted journalism as long as they fully disclose their motivations. What I can't stand is that they pander it as news. I find that pretty disgusting. That's one man's opinion. Regards, Dan.

To: William W. Dwyer, Jr. who wrote (2286)	4/7/1999 9:20:00 AM
From: Philip R Berber	Read Replies (5) \| Respond to of 3216

CyBerX, Simulator, CyBerXchange, CyBerTrader and new CyBerCorp.com site For your information, there are a number of developments at CyBerCorp, which I'd highlight to participants on this thread  The new CyBerX software shall be launched this week end in New York at the Investment Expo. and a Preview is available on the new CyBerCorp.com web site  The new CyBerXchange, the central order routing and execution technology, described by some as a “Super ECN”, was recently announced and shall come online on Monday  New functions and features have been added to CyBerTrader based on the recent requests of traders – details are available from Trader Support or from jo@cybercorp.com  The new CyBerX Simulator came online this week – it allows traders to “trade” all day, any day, with the new CyBerX software and within a real time Simulator using “live” data from a previous day This and more is now available on the new CyBerCorp.com web site at cybercorp.com Best wishes Philip R Berber Founder and CEO CyBerCorp Inc