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To: xstuckey who wrote (1660)	12/8/1997 7:53:00 PM
From: TFF	Read Replies (2) \| Respond to of 12617

xstuckey: Your question should elicit some good response. From my point of view the "pros" are professional traders. I would say primarily those employed at various trading desks at financial institutions around the world. Typically these individual specialize in particular securities, markets and strategies. They are supplied with capital by their parent institutions and are given the latitude to trade it based on their abilities. Needless to say that bad traders get weeded out quickly in this type of environment. Also there are many of these traders who have become successful in their own right and trade capital for themselves. These types of traders tend to keep a low profile. Personally I know several successful professional traders and I have on one occasion witnessed six figures turned into eight figures in a little over a year. Scary.

To: xstuckey who wrote (1660)	12/8/1997 7:55:00 PM
From: ratan lal	Read Replies (2) \| Respond to of 12617

xs << just who are the "pros"? >> Basically anyone that does this as a profession at least 8 hours a day 5 days a week. SOme of the type sthat come to mind are anal-ists; money managers; fund managers (managing $$BB's) with employees that have every kind of Ph.d in Math, physics, psychology, statistsics etc.; brokerages etc. Lets not fool ourselves into believing that we are somehow better than these people that move $billions every day. This SI does give us a leg up in that we get to hear other opinions and sometimes pointers to news etc that we not individually get to in time. And each one of us probably has some info and insight onto companies tha we invest that makes us successful. And no matter how much we poke fun at or point fingers at management and otehrs, remember the old indian saying 'dont judge a man unless you have walked a mile in his moccassins'. ratan