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Re: Trinityz1 post# 52

Monday, 03/30/2009 12:43:35 AM

Monday, March 30, 2009 12:43:35 AM

Post# of 95
Well, some truth to that. But daytraders keep the liquidity the market needs. They do serve a purpose; albeit in a strange way. They afford the bounces while larger entities short into the bounces. Likewise, they move the markets when Funds sell off.

So, they have their place.