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BSNBC's Blog : daytraders are back

Date September 22, 2009    Comments Comments (2)    Recommended (58)   
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according to Etrade CEO, daytraders are back. this usually means greed has returned and fear has subsided. if you turn on CNBC you can see a lot of speculative under $5 stocks scrolling across the bottom of the screen. daytraders are probably driving volume on these names.

one should have money on the sideline for shakeouts. funds can make serious money shaking these guys out. with daytraders around, it's easy to shake them out and make money off of them.
Tags : DAYTRADERS  

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Author sjohnstein     Date September 22, 2009 17:05  Edited: September 22, 2009 by sjohnstein Abuse this post Report Abuse
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also this could mean that we have no clue what stock are going to be worth in the market .i guess it going be on accumulation and demand.from the Asian country they reported that before the market crash on cnbc that cause a big decline in market a few month later
Author JoeJustJoe     Date September 24, 2009 17:27 Abuse this post Report Abuse
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Yo... Buy Sheeyit! Nuphin But Crap...better hurry and close out yer RIMM long before Mr Sim realizes you got yearass RIMM'd ...again. >>>"This usually means greed has returned and fear has subsided" LOL Yeah! ....GOOG one....as long as you and Mighty Mouth are around we doan need to know what the CEO at Etrade gots ta say. LOL 3J
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