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To: James F. Hopkins who wrote (22851)	3/21/1998 4:47:00 PM
From: Satyr	Read Replies (2) \| Respond to of 97611

Jim, First of all let me say that I doubt very much you have traded more issues than I have shares. I worked on Wall Street for 25 years and have lived off trading for the last 10 years. Second I find your opinions interesting but would still appreciate knowing the source of it. It's easy to throw around percentages and statistics but unless one know where they came from they are useless. Third I'm glad your method of averaging down and holding has worked so well for you. It seems to have worked well for many bulls on this thread who apparently have an unlimited amount of money that they keep throwing into the market every time their stock sinks lower. One word of caution though even the best of stocks can fall out of favor for years at a time. Lets hope that is not the current case. Fourth you are right when it comes to the 5 minute wonders of SOES trading that they do not short the market. To me being a trader is to hold a position short term which could vary from less than a day to 2 weeks or so depending on the circumstances and I know many of the people that fit that profile do use short trading as part of their investment strategy. Continued good luck in your investing.

To: James F. Hopkins who wrote (22851)	3/21/1998 7:51:00 PM
From: Mike Gordon	Read Replies (1) \| Respond to of 97611

< Stop loses are a mark of a sucker, and brokers know that too. > Jim: Stop losses are also a great source of information for brokers who can accumulate to find out where the breaking points are. Employing a stop loss is like revealing you hand during a poker game. If I'm a large broker, it seems all I have to do is find out where the most stop loss points are to determine when sell orders will be at a peak. Then it's time to establish a short position. (JMHO) Mike