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Technology Stocks : INTEL TRADER

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To: smolejv@gmx.net who wrote (1900)	2/5/1998 9:44:00 PM
From: Berney	of 11051

Janko, Thanks for the vote of confidence. Don't know anything about Germany's tax structure, but be thankful you don't have to deal with U.S. BS. The mistake our grandfathers made when they enacted the 16th amendment to the Constitution in 1913, which allowed for the income tax, was simply to not define income. So we play this constant game of closing and opening "loopholes." This month marks my 20 year anniversary of doing this full time out of my home. Fortunately, most of my clients have been with me for over 10 years. Unfortunately, there are only so many hours in the day and its tough to expect the efforts of two months to pay the bills for 12 months. I was drawn to the investment world as something to do to occupy the other 10 months. Found that its quite addictive! It was a nasty close on INTC today. But I think that the Fri sell-offs that we saw in the late summer and fall may be moving to Thursdays. But, I've vowed not to get whipsawed in '98 and let the trend be the friend! Berney

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