I'm not a stock trader, but it just burns me up that the SEC has taken a stand on the "proper" trading strategy. I'm talking about day trading. What? Has the chairman read a book and figured out you make more money if you always hold at least three days? What about buy and hold? How much money have those investors lost in the last two years? Why doesn't he make an 18 month rule? They could pass a law which says, "Since so many unsuspecting investors get burned, they must close out all positions after 18 months."