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To: Fangorn who wrote (37631)	4/13/1998 1:09:00 PM
From: Eddie Kim	Read Replies (2) \| Respond to of 176387

>>No profit until you close the position? Do you believe that you haven't lost a dime until you sell even though a stock might be 20% below the price you bought it? This belief is usually held by long term investors (not always but usually). However, most daytraders consider the actual trade that they can make at this exact moment to be their profit/loss status. Two different investing beliefs based on the style of investing. One is not better than the other. Thus, it is "incorrect" to say to Mr. Fink that he has not made a dime yet if his investinf philosophy is different from yours.