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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: nycnpbbkr who wrote (3075)	10/26/1997 6:30:00 PM
From: LLCF	Read Replies (2) \| Respond to of 10921

I see your still beating the "anti-trader" drum! Welcome back! I'll have to join in as one of the SI resident traders. <<I know people make triple digit return consistently>> That's the most silly thing I have ever heard but I keep hearing on the internet. Do your know how much money someone would have if they could consistently make triple digits? >> Wrong...theres not a member of any trading exchange that isnt trying to make 100% on their trading capital (or more!).. add hedge funds, OTC operations, derrivitives opterations and other private trading groups all over wall street and you have tons of people making huge returns...and you havent even counted PUBLIC operations yet! Your assuming that they reinvest it all and now would have BILLIONS but don't (as you so often point out)...they dont reinvest it and neither do I...I live on it!!! If your start with 1/2 mill and make 1/2 mill...you pay taxes and living expenses and salt the rest away....you dont "let it ride" to use your loved Vegas terminology...only a fool would do that. < No one from Wall Street gurus all the way down to CNBC high school challenge.(my high school was in first a couple of weeks ago now I can't find them on the list) can consistently beat the market.> Not even investors! Except Buffet and Soros...one investor one trader. < Even if that is so I will name 499 billionaire that the word "investor" comes before their name.> OK your on! One case of Sam Adams golden pilsner OK? Lets start with 10 at a time and I'll refute as we go...save all the space on the board. In fact if you start out with GATES dont even bother responding...if your counting him your wrong. I think your defenition of "investor" is a bit suspect...I suggest "A proposed definition of investment"- Ben Graham, David Dodd instead of what you seem to use: "anyone who's not a trader" But take heart...we know your just trying to get clients! DAK