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Day Traders / Industry Criticism #389532

CBS Evening News for Monday, Aug 09, 1999
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(Studio: Dan Rather) Report introduced.

(Washington: Diana Olick) Study results showing that most day traders lose money reported. [All-Tech Investments Fabian NORWOOD - says the most successful day traders put time and effort into it.] [North American Securities Administration Association Peter HILDRETH - says day trading is really gambling.] [Massachusetts Secretary of State William GALVIN - says day traders are after everyone they can get.] [Attorney Saul COHEN - says after a few months learning, people do make money.]

(Studio: Dan Rather) Report introduced.

(New York: John Roberts) The effect of day trading on the NASDAQ exchange examined. [Prime Charter, Limited Scott BLEIER - says day trading creates volatility.]

Olick, Diana;
Rather, Dan;
Roberts, John

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