wrote in message
...
On Tue, 13 Apr 2010 09:57:13 -0700, "nom=de=plume"
wrote:
because i work for a living. wall street told 100,000,000 middle class
americans that we didn't need pensions. they TRIED, with bush, to tell
us we didn't need social security. they left us ONLY 401k's.
i don't have the time to work AND to watch wall street. so now it's
time to **** wall street and regulate the **** out of them
Bull****! You have nothing but excuses. You have lots of time to learn
about investments, about getting an education in economics. You spend
almost as many hours a day on here as Harry does. Sign off from
newsnet
and
look at Etrade, Scottrade, or any of the other discount brokers. The
all
have educational materials available for free. They have seminars for
free.
https://us.etrade.com/e/t/investingandtrading Etrades portal to
education.
Good points, real good points. Used to be that you would have to go to
Amazon and spend a few hundred. Today you can get it all on the
internet
in seconds. But still would recommend reading a few books. And discount
brokers are sure a lot better than the old style brokerages of the 80's
and even early 90's. But still, a good place for a novice to start.
No excuses except for the lack of dicipline. Inability to learn isn't
other peoples problems.
--
The Liberal way, take no responsibility.
You are truly stupid. Have you never heard of a Public Library? Guess who
pays for the Public Library. You should really stop embarassing yourself
with stuff like this.
If you are really watching stocks, most of the information you look at
will be obsolete in 90 days and usually it is more like 90 hours.
There may be a few books that can give you some fundamentals about how
the market works but day to day decisions have to be made on day to
day events. Part of the problem is the amount of money that moves into
and out of the market from individuals on a purely emotional and knee
jerk way.
I have what I call the "Cramer effect". If you just want to day trade,
you could make a pretty good living doing nothing but buying stocks
Jim Cramer pumps and then dump them a couple days later before reality
sets in. (use a stop loss) Sometimes he does have some long term
trends right (like PCP) but there was a definite jump and a later
decline right after he pumped it on the air. If you rode it out you
still made about 10% but I didn't do it. He has picked his share of
losers so you certainly can't trust everything he says (SHLD for one).
I knew that was wrong. He just like Eddie Lampbert and it was
misplaced trust.
Birdbrain... there are actual computers in libraries these days. Stocks
change minute by minute not just in 90 hours. There are more than "a few"
books that give people the fundamentals. You really can't be this stupid.
--
Nom=de=Plume