CB
>>> Doug Henwood <dhenwood at panix.com> 08/09/99 07:55PM >>>
[Day-trading firms encourage accounts in the black to lend money to
accounts in the red. Some of the people that Slay Trader shot were
people he'd borrowed money from.]
Wall Street Journal - August 9, 1999
PROBE OF DAY-TRADING FIRMS FINDS 75% OF SURVEYED ACCOUNTS IN THE RED
By Rebecca Buckman Staff Reporter of The Wall Street Journal
A random sample of brokerage accounts at one Massachusetts day-trading concern found that nearly three-quarters of them weren't profitable, a group of state securities regulators is expected to announce Monday.