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To: Sarmad Y. Hermiz who wrote (56728)5/14/1999 10:17:00 AM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
> Why can't you let children have their fun.

This particular batch of children (90% of daytraders) have never seen a bear market. And there are MILLIONS of these guys/gals. They move markets. They amount for the majority of trades in most tech stocks, and ALL internut stocks.

These daytraders are what the new fangled "program trading" was to 1987.

An unregulated and uncontrolled economic disaster waiting to happen. Except the program trading was easy to modify. The daytraders will just keep it up until they are broke.




To: Sarmad Y. Hermiz who wrote (56728)5/14/1999 10:20:00 AM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Can you really begrudge people having dreams of making huge profits pushing buttons on a keyboard and converting them into Lexus cars and beach houses. It is so simple. You of all people

That's exactly what I got from the thanksgiving table(1998). Forget the stock, only the "why" of the players.


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