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[sharechat] Day traders & Telecom

From:	Robert Nottage <robnottage@yahoo.com>
Date:	Wed, 1 Mar 2000 00:27:25 -0800 (PST)

Hugh,
I suspect you are missing the whole philosophy of day
trading. Day traders aren't interested in stocks that
are "expensive" and possible daily gains are only
between 1% to 2%. The returns are not worthwhile after
paying for brokerage.Hence why blue chip stocks are
not your normal day traders stocks unless of course
there is a major announcement looming and there is a
chance of gaining a 5% to 10% gain. 
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Re: [sharechat] Day traders & Telecom Graham Watt

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