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Hi all,
An interesting thread from Salon.com...
I'm just wondering what the deal is with all the vilification in the mass
media wrt day-trading. . .all that incessant chatter about the risks. What's
the risk of not being in the market very long? It would seem the risk is
proportional to the length of time in the market. I mean, how much can
stocks change in a few minutes or hours, as compared to weeks, quarter, or
years? Is the officially prescribed slant of Wall Street in favor of
buy-and-hold-forever anything other than self-serving? Isn't it Big Money
which is really responsible for the gazillions of shares traded every day
and all the volatility?
Zaheer Bhyat
zaheer@xxxxxxxxx
+27-21-680-5802
______________________________________________________________
"Men occasionally stumble over the truth, but most of them pick themselves
up and hurry off as if nothing ever happened." - Winston Churchill
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