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To: Kevin F. Spalding who wrote (5813)4/22/1998 9:04:00 PM
From: Al Gutkin  Read Replies (1) | Respond to of 10227
 
Kevin: A long term investor can have fun along the way, can't he?

If you can watch the screen, make a deal for 1,000 sh. of anything, buy and sell in a day, get a 300-500 profit per day, how much does that add up to, per trading year?

Now spread out that 1,000 sh to be a few thousand in different industries, all cycling every few days. The goal of 300-500 per day becomes easier, just hold the loosers until they become small winners.

Al G. Not perfect, still need to do lots of homework, but with Ken here, it sure cuts down on the homework and shortens the holding period. (guess I have to cut Ken in, sometime, huh?)