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To: JC Jaros who wrote (32834)	6/15/2000 2:50:00 PM
From: JDN	Respond to 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

To: JC Jaros who wrote (32834)	6/15/2000 2:58:00 PM
From: lee kramer	Read Replies (1) \| Respond to of 64865

JC: I'm so low tech I didn't realize that I was posting on your thread...couldn't figure out why our back and forths were numbered in the 32,000's. I've been a trader for 40 years but on-line only three. As to these "mythical people"...well, you can read James Cramer at theSTREET.com every day...the man is a fine trader...and you can watch Jenna trade. You might be surprised to learn that many of the institutions who have purchased...and hopefully will continue to purchase SUNW, rely to some degree...often a rather high degree... upon technical/analysis and that they trade SUNW. I spent some time with the late John Magee, co-author of "Technical Analysis of Stock Trends" in his Springfield, Mass. office. He symbolically boarded over a window to keep all the Wall St analysts and their upgrades and other noisy nonsense away. (Lee)