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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: Shelia Jones who wrote (2996)	9/16/1998 7:21:00 AM
From: Thean	Respond to of 14427

Shelia, I sold ABX for a 1/16 gain last Friday after seeing gold receded per Ken Starr relief rally. However, I firmly believe gold stocks to be an opposite proxy to the overall market and may reenter this pm after AG's speech. Melissa - Two months ago in a Forbe or Fortune magazine report I recall they mentioned 15% of Nasdaq daily trades were done by non-affiliated (meaning "non-professional" traders") daytraders who have access to the same speed (e.g. using cybertrader machines) as the professionals. They make a living eating spread and 1/16, 1/8, 3/16 and 1/4 points. This thing is getting popular and the bravest of all hearts have attracted to it. Ken ? has a trader university in Seattle where he teaches how to trade for 6 months for a tuition fee of $5000. If anyone is interested I can forward the e-mail to them (hope I still have it). He teaches the same OGSM principles (basically a corporate american business execution plan) that I use. If I'm single and has no family, I might sign up. It is no longer possible after one gets married and have to explain to the family and friends that I am going to Seattle for 6 months to learn how to daytrade stocks. I think it is about skills that Ken teaches there and not investment knowledge. It's like the grind-it-out defense versus offense thing doesn't count as much anymore in sports but rather the skill players that make the biggest difference (in sport and in personal pocketbook).