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chatroom daytrading??

Do you wish to be another sheep at the bottom of the cliff? Most likely not. In his smart article, Ken Wolff points out one way how "winning traders" might be able to turn you into a dead sheep. The growing number of chat rooms and participants enable traders to manipulate stocks to their advantage. This is done by posting winning trades after already having entered the market. If stock volume is low enough the "winning trade" turns into a self-fulfilling prophecy but many of the followers remain as dead sheeep when momentum dries out. You should definitely read this article to avoid becoming a victim.

Thu, 16 Mar 2000 07:43:32 -0800

Submitted by: Juergen Lahnsteiner