THE folowing are brief summaries of topics on the agen-
das of North Shore municipalities and school boards:

North Vancouver Distzict Council: Monday, February 7 a7
pm. — Highlands neighbourhood zoning:
covenant restricting use of building at 1046 Deep Cove Ra.
Deep Cove Music re jazz club; development cost charge bylaw,
increase to the fees for maps and plans: user fee proposal to
change the funding source for the solid waste and drainage
functions; interim funding
current smoke alarm requirements and reliability of smoke
alarms. Tuesday, February 13 at 7 pam. -—~ public bearing ce
Edgemont West neighbourhood zoning.

North Vancouver City Council: Monday, February 7 at 7
p.m. — delegation from Sr. John Ambulance; council members
attendance at the Aboriginal Issues Contevence, the Svimposium
on New Local Government: Legislation and the Climaie
Protection Program) workshop; contlict. of interest’ seminar,
home computer purchase plan; multiple unit building guide
lines; opposition of a third crossing.

West Vancouver District Council: Monday, February 7 at
7:30 p.m. — zoning bylaw to permit a neighbourhood pid,
2427 Marine Dr, Dundarave Cafe, soil deposit and removal
regulation bylaws development: permit applicauon trom
Polygon Homes Lid., lower Folkestone site; Salmon House on
the Hill re office space; delegation from Ambleside Business
Association re parking on Marine Dr. in Ambleside, Trantan
New Year celebration.

West Vancouver School District £5: Tuesday, February 8 at 7
9 pam. -~ budget submissions; standing committee meeting
reports; late French immersion; parent complaint protocol.
North Vancouver Schoo! District 44: The next regular board
meeting is Tuesday, February 22. Education and Programs
standing committee is Tuesday, Kebrusey 8 atthe Leo Marshall
Curriculum Centre at 7:30 p.m. — effective behaviour support.

removal of

for selected agencies; adequacy of

Trade

Prom prac $

Swift Trade’s Rod Strezts,
2X, abo of North Vancouver.
teaches people how to make
money at the heart. of this
capitafist world. When he is
active in the market, he
makes INO i 2000 trades
daily, fn January, while
teaching students full ume,
he made $35,000 US. His
lowest month saw a $50,000
US loss. His highest take ina
month. $103,000 US

Mills says he is fess active,
preterring short positions
and full-point moves. He
says Tis trades and gains
arent nearly as dramatie.

“The most satistving: see-
nario is one where FP can see
the momeatam building and
every move made ts success:
tal. While partiapating ina
satistving rally, the market is
coming te ame, not the other
way around.”

Mills and Streets have
been friends since 1987.
They met in chemistry class
at Sir Winston Churchill high

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school in Calgary.

Streets went on to work as
a corporate bankruptey con-
sultant in) California, Said
Streets, “Thad a stock broker
who wast doing too well
and f theughe, ‘Pf could doa
for beuter than him. 7 Pwo
and a half vears age he took a
month off work, tried trad-
ing from home and found
sticcess,

Said Sureets, “HE dike the
constant challenge of com-
peting in the market with
some of the brightest people.
You're right there with the
big institutions, competng,
yust based on price. [vs tua.
Money is the fringe benetit.”

Switt Trade just recently
graduated an inaugural class
of 12) day traders at. the
Vancouver office. Mills main-
tains the average income of a
trader who has at feast. 12
months experience, is $1,090

tHe said there are about
5,000 to 5,500 day traders
active across North America.
Mills estimaces there may be

200 in Canada.

The stake to buy in to the
switt Trade pregrant: $4,000
tor tuition and ao minimum
$25,000 US io open a trad:
ing account.

Ifa trader loses big-time
and an account: dwindles to
$15,000 US, Swift steps in.

Said Mills. “We actually
do pull the plug. We sit down
and have a very serious talk
with that person and find our
if there is something wrong
with their trading strategy, if
their focus is off, if perhaps

they are juss aver cur out for
this kind of business.”

Day traders at Swift Trade
pay the company a commis-
sion of 1.8 cents per share to
2.5 cents per share, depend-
ing ov the volume. A trade of
1,000 shares would cost $18
in comunission for example.

Swift offers on-site trad-
ing or remote trading from
home. The business is regu-
lated by the B.C. Securities
Commission and tthe
National — Association of
Securities Dealers.

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