Word: stocke
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Dates: during 1990-1999
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...annum, contrary to my claims on the application. And I decided I didn't really care if Free-PC knew which websites I frequented, so long as it kept its promise never to tell a marketer that I log on to cnn.com three times a week and check my stock portfolio every day. I even found a simple way to make the ads disappear: I taped paper over them...
...forgo your points for that month--unless you ransom them for another $15. Like many issuers, Amex has added a mandatory-arbitration clause, so customers can't take their disputes to court. At least shareholders are happy. American Express earned a record $2.1 billion last year, and its stock shot...
...knows for sure how many people day trade. But the number is way up from a few years ago, when this bull market kicked into high gear and the Internet began making it easy and cheap to buy and sell stocks. Barton Biggs, an analyst at Morgan Stanley Dean Witter, confirms and bemoans the trend in biting missives to clients about his plumber, who is so busy trading he won't come to fix a leaking pipe. I've written about the guy behind the deli counter leafing through Barron's for that day's stock trade. It's epidemic...
...there's nothing easy about it. Jake Bernstein, author of The Compleat Day Trader, estimates that only 15% of those who take up day trading make much money at it. Many lose big because they don't have the discipline to sell immediately when a stock moves against them, or they leave a lot of money on the table by being too quick to capture profits when a stock starts to move their way. Often mistakes are a result of making overly large bets. "If you have too much at risk, you're prone to acting on emotion," Bernstein says...
...Rapps, according to authorities, assumed a variety of false identities to filch bank, phone, credit-card and stock-transaction records. Now investigators are seeking to zero in on the end users of the information, who are believed to be news media, prominent among them the Globe and the National Enquirer, as well as banks, insurance companies and collection agencies. "The Rapps were passing on tons of stuff on any big names in the news," says Robert Brown, an agent for the Colorado Bureau of Investigation. "The big question is, Did those who wanted the information know how Touch Tone...