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To: Thean who wrote (18564)	4/9/1998 7:43:00 AM
From: marc chatman	Read Replies (1) \| Respond to of 95453

>>Hard to be wrong this way unless we are going straight up like in April - Aug 97. Were you there?<< Wish I had been -- I like straight up. I guess the reason I asked about the number of stocks you hold is that unless you put all your funds into that one trade each month, you start to need a multiple of those 12 trades in order to achieve that 71% annual return on your portfolio. You would need, obviously, to achieve a 5% positive return on every dollar, every month. Going 12 for 12 is nothing short of remarkable, and if that is your record you should be running your own hedge fund. And if you can go 24 for 24, or 48 for 48, you should be writing for thestreetdotcom and appearing once a week on cnbc. <ggg>

To: Thean who wrote (18564)	4/9/1998 11:09:00 AM
From: waverider	Read Replies (1) \| Respond to of 95453

>>you need to open a discount brokerage account. With commission of $10-$12 per trade, comission is no longer part of the profit/loss picture.<< Thean, I've been with Discover (old Lombard) for about 4 years now. At $14.95, the commissions really don't mean much to me. To be honest, I used to be quite manic in the trading department and commissions were never a big issue. I feel the same with taxes. When it is time to buy or time to sell I am more concerned with capital appreciation/preservation than these other things.