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Oops. You are correct. I reversed the statement.
----- Original Message -----
From: <ug@xxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Thursday, April 13, 2000 12:03 PM
Subject: Re: Money Management Stops
> Wouldn't that be (0.30)^4? Or did you mean a 99% chance of NOT having 4
> losers in a row (which is 1 - (0.30^4))
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