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To: Charliss who wrote (11434)	6/6/1998 7:00:00 PM
From: Secret_Agent_Man	Respond to of 50264

I liked the TV listing..on a serious note :below an excerpt from Raleigh Baughmam. The recent "trader" phenomenon can also be considered a blessing to the real investor that has taken time to research and know what he's bought into. Although the "traders" and "MM's" are a thorn in his side, he must remember that they are only focused on the price action. The truly wise and shrewd investor is focused on the companies underlying progress, not the price action. This "traders mentality" is a real investor path to riches. Their oversight is his key to Nirvana. Most traders don't read the news, only the headlines, and this fact is to the true investors advantage. That coupled with the pressures applied by the MM's to cover their shorts allows for the real investor to be presented with many opportunities in his long term plan of accumulation. Those that resist or fail to understand these new internal dynamics that effect the markets today will perish. Yet those that understand and adapt new strategies to take advantage of these new-age opportunities will enjoy a much better chance to compete on a level playing field, even up against the largest of institutional players. rocketeer1 finding words of wisdom from and old friend