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To: jazzallnight who wrote (4870)	10/27/2000 2:36:10 AM
From: lee kramer	Read Replies (1) \| Respond to of 8046

JAZZ: I mean no disrespect...but the lady's contention(s) are cookieputz, cookoo, and downright mishuggeh. What are you guys doing up so late, anyhow? (Lee)

To: jazzallnight who wrote (4870)	10/27/2000 2:50:37 AM
From: Susan G	Read Replies (2) \| Respond to of 8046

That's why It's wise to do both, Long term as an investment and trading for current capital gains. I am one who trades and invests for the long term. I'm just making fun of her complete lack of acceptance of traders, she refuses to see it's a way for the little guys to control their financial destiny. IF a company warns that the outlook going forward basically sucks, I'd rather sell and invest in a more promising company rather than ride it to the bottom and wait 5 years to get it back. A friend of mine and her sister got LU as a gift in Oct 99 in the 80s. My friend decided to keep it as a long term hold. Her sister is a part time trader and sold in the 80s and put all the money in JNPR in the 60s. Her account has grown considerably, while the other was cut down to 25% of it's value. So trading part time as your investments fail your expectations or just to lock in profits seems the wise thing to do. A balance between short and long term holds is better... An interesting point in that book I'll always remember (read just excerpts of it once) is that they also lead simple lives, without a ton of material possessions, and drive inexpensive cars...