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To: codawg who wrote (30484)	10/7/1999 10:35:00 AM
From: taxman	Read Replies (1) \| Respond to of 74651

thanks. well said. regards

To: codawg who wrote (30484)	10/7/1999 10:38:00 AM
From: Uncle Frank	Respond to of 74651

>> I'm sure I'm not the only one here who would consider a $2k gain a flat day. I'm afraid the traders are like pigeons, living off the crumbs that the market leaves on the table. Survival rather than wealth building is their game. Curiously, they seem happy about it, and even proud of their short sighted approach. Prosperous investing, Frank

To: codawg who wrote (30484)	10/7/1999 1:40:00 PM
From: werefrog	Respond to of 74651

Insults and accusations? And what are you even talking about. I've had my feelings hurt on this thread, but I don't go around crying about it. I pays my dues to be a member here and I will certainly continue posting my views. Any impolite posts made by me were always replys to someone else who post impolitely to me first. This is not your old prodigy chat, nor is it sunday school, this is the internet. I treat people just like they treat me. Some of your post are far from perfect so mind your own business.

To: codawg who wrote (30484)	10/7/1999 3:09:00 PM
From: djia101362	Read Replies (2) \| Respond to of 74651

isn't it funny how daytraders think they are the only people making money in the market? i have noticed over the years that daytraders like to boast about their 1 - 2 point gains they make, but they do not realize that many long term investors are sitting on 100+ point gains in some of our stocks. assuming a daytrader made $200K this year daytrading, after taxes that would leave you with about $120K give or take a few thousand. if a long term investor's portfolio increased by the same of amount of $200K, he/she would still have $200K. do the math yourself, after a couple of years it begins to look like the tortoise and the hare story. for a long term investor who is sitting on substatial long term capital gains, it's not worth saving a couple of thousand dollars here and there trying to time market swings when uncle sam is just licking his chops and waiting to collect a $100K in taxes.