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Technology Stocks : All About Sun Microsystems
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To: JC Jaros who wrote (32834)6/15/2000 2:50:00 PM
From: JDN   of 64865
 
Dear JC: I have seen studies done some time ago on Traders VS Investors. These studies usually conducted at business schools. In EVERY case the AVERAGE investor always outdoes the average trader. At least two basic reasons, 1. Most stocks make their largest gains in only a few trading days of the year. NOONE HAS EVER figured out just when those days are 2. Uncle Sam loves to be YOUR PARTNER when you WIN and shuns you when you lose (forgetting the lousy 3,000 loss rule), thats a big thing to overcome. So the arguement is a mute point, its been proven. Now Lee may be bettering the average, but can he do it over a lifetime. Who knows, NOT even LEE knows that. JDN
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