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To: earthling who wrote (620)	12/19/1997 8:56:00 PM
From: Gary Strike	Read Replies (1) \| Respond to of 1460

Transaction fees...yes indeed they will eat away at your profits. They are like the "0" and "00" on the roulette table. I've been with Schwab and even at $29.95 per trade am taking a beating this year. Looking at Ameritrade at $7.95 per trade.

To: earthling who wrote (620)	12/20/1997 7:07:00 PM
From: John Ritter	Respond to of 1460

You are right, at $7.95 a trade one can spend eighty bucks a day pretty quick in a fast market. But if you trade a 10k block of $ that is the least of one's worries, back to the "chaotic systems". The reason I began investing online was to overcome the trading costs, plus have an opportunity to cut my losses, and when a situation is a glaring buy, act. Before I never saw these opportunities, indeed, however, the rules are always changing in chaotic systems, however again, if the system were not chaotic there would only be money to be made by the brokerage houses. Little guys would be shut out.