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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: dennyv who wrote (4885)	1/17/1999 10:12:00 PM
From: Shmar10	Read Replies (1) \| Respond to of 56537

All: Something interesting I came across on another thread - everybody and their brother tries their hand at daytrading 30% lose all/most and quit 30% lose and keep on trying, throwing good money after bad 30% ebb and flow; make less than they would in a in a decent mutual fund; much less 5% do ok; maybe squeek out a living; less than a day job and an Index Fund for their funds, combined 5% do well, beat the market; make more than they would in a day job; have some fun and freedom; get a lot of grey hairs (those that they have not torn out) 1% take the fortune they made daytrading; put it an index fund and tax free muni's; kick back and enjoy life and 80% lie about how they do 99% bitch about their broker and the market makers

To: dennyv who wrote (4885)	1/17/1999 10:15:00 PM
From: Trader J	Read Replies (5) \| Respond to of 56537

Dennyv: I uncharacteristically ordered the second fastest processor rather than the 450 Mhz. Too much price premium for the extra 50 Mhz. Being a computer nerd by trade, I love new systems. This one is a Dell 400 Mhz with a 12.6 Gb HD, 128 Mb Ram, 16 Mb STB nVidia TNT 3D Video Card, 40x Cd ROM (No DVD), the new Turtle Beach 320V sound card and the Harmon Kardon speakers (for my wife since I have my own "special" speakers already). And of course, a 21" Monitor. I wanted the Trinitron 21" inch but, again, wasn't willing to pay the $230 premium over the standard Dell monitor. I originally had it as a 19" Trinitron but figured the extra 2 inches was more important than the Sony name. I can't wait to get it, and I am not sure why. I usually get a new system every 2-3 years but I have had my current one since 93, and upgraded it to a 166 2 years ago. I am really looking forward to the monitor. J