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Re: Summary of comments: NASQAQ 100, SOES



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>Subject:         Re: Summary of comments: NASQAQ 100, SOES
>  Date:         17 Jul 1999 06:37:37 -1000
>  From:         Ron Augustine <RonAug@xxxxxxxxxxxxx>
>    To:         Omega-list@xxxxxxxxxx
>
>I don't have any stats, but imo, it's probably far less than 5% of the
>people who attempt day-trading that meet with any worthwhile degree of
>success.  I've been in touch with several traders who have attempted it over
>the past few years -- all have quit.  One friend who made over $100K his
>first year was recently taken to a Gamblers Anonymous meeting by a relative.
>He took their addiction test and found he was well over-qualified as an
>serious addict.  
    

So tell us, what IS the difference between a day trader and an addict ??

don