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1/5/2009
Monday morning
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| At least with stock trading, the trader can USE some part of his intelligence
to gain an ADVANTAGE for himself, unlike how lotteries, sweepstakes, & gambling
work. So, as long as your diseased society refuses to BAN these other, more
sinister forms of get rich quick schemes, it has NO business trying to
interfere in the chosen stock buying or selling of ANY , who has money,
and has not been adjudicated as a mental defective. If the person is STUPID
enough to throw away their money on bad stocks, they should be allowed to do
so, just like every idiot who chooses to waste a .32 cent stamp in entering
those Publishers Clearinghouse sweepstakes should be allowed to do that. |
| Mr. Eng is a published author with over 110,000 copies of his books sold
throughout the world. His market books have been translated into Spanish,
German and Chinese. He has written columns for Intermarket magazine, articles
for the Wall Street Journal, Barrons, Futures magazine, Stock & Commodities
magazine, Chicago Tribune, Chicago Sun-Times, etc. He has appeared as a
market expert on WFIU-TV, FNNCNBC, and WBBM-TV. He has lectured and
taught over 24,000 seminar attendees over the last ten years. Prior to his
educational career he was a successful commodity, stock and options trader for
fifteen years as trading members of the Chicago Board of Trade, Chicago Board
Options Exchange, Midwest Stock Exchange, Midwest Stock Exchange, Pacific
Coast Stock Exchange, etc. |
| Securities regulators have been scrutinizing the day-trading business, which
lures several thousand investors who ride the tiniest ups and downs of the
stock markets, squeezing profits by rapidly buying and selling shares
electronically. |
| I am pretty new to the financial market. I have been reading a lot of
books lately about the stock market and day trading. I basically
understand that day traders ride on the momentum of the market. They
are the specialists and they buy low and sell high on the bid and ask
price. The book says that this is based on stocks on the NYSE, my
question is does this apply to the more voliate OTC and NASDAQ? Can
anyone enlighten me on this?
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| Sadly, Mark killed himself as police closed in on him, FLEEING the massacre
scene in his car. In the below update, we learn that Marks legacy lives on,
through congressional hearings that are now being held on stock day-trading.
The politician-s SAY that Marks massacre had no role in prompting these
hearings, but this is utter bullsh*t. Nobody had ever even MENTIONED imposing
more regulations, or holding congressional hearing on this issue, until right
AFTER Marks rampage. I personally do quite a lot of stock trading, and have
even bought & sold the same stock on the same day, many times, But thats still
not enough to qualify me as a day trader. Being a brilliant human, I am
successful at all the life activities I choose to undertake, including stock
trading. I would agree that the whole day trading gambit is a poor & inferior
way to try and get rich. Carefully picking stocks at the RIGHT time, buying &
holding them for strategically short periods of time, 2 weeks to 3 months, is
the . |
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