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To: wiz who wrote (8795)5/26/1999 3:26:00 PM
From: Jon Klaus  Respond to of 19700
 
"Forbes 500 richest would include a day trader in it"

It takes time to build multi-billion dollar fortunes. That is, unless you are an insider in one of the Cinderella net stocks. I think some daytraders will be included after some years, but not by doing a few hundred percent a year. Highly disciplined, career oriented traders who average 10-20% above the indexes for the long haul will be the ones to make the list. Perhaps he/she/they are posting on SI today.

JK



To: wiz who wrote (8795)5/26/1999 3:31:00 PM
From: Jon Klaus  Respond to of 19700
 
Another thought on the Forbes 500

If you are trading with BIG bucks, your list of potential stocks shrinks dramatically. That's why the little guy can beat the big guy, he doesn't have liquidity problems.

JK