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To: MileHigh who wrote (4491)	6/5/1998 11:52:00 PM
From: dpl	Respond to of 93625

. My point is, IMHO, is that during a bull market run, many "traders" consider themselves such because they simply buy "something" and watch it go up (which happens in a bull market). Good point.They also learn bad habits in a bull.Daytraders make 1/4's and 1/2's until a position goes against them and they freeze.Soon they have a 5 or ten point loss which in a strong bull comes back.The lesson they learn is "never take a small loss".The first bear market and the loss never comes back.No more daytrader.