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> I have done 36%-
> "actual fill" since 5/9/2001 until today on the short side.
Ah, Haytham, there you go again.
Naz Comp Close
5/9/01 2156.63
5/14/01 2081.92
(2156.63-2081.92)/2156.63 = 3.4% from 5/9 to today, assuming somebody
offered a tradeable security which mirrored the Naz Comp. I'm not aware
of any such security.
Or, looked at another way, 36% every 5 days, compounds out to
560,196,396,702% per year. An investment of $1 turns into $5.6 BILLION
(with a B) in a year with no leverage. In ten years and with
leverage..... well you do the math.
--
Dennis
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