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Re: [RT] 5/18 & 5/22 NASDAQ Turning Points



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We could post out daily bro statements... that would cut to the chase...
thats why were all here, not for "predictions"... anyone else's hand up for
this?


----- Original Message -----
From: DH <catapult@xxxxxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, May 14, 2001 7:02 PM
Subject: Re: [RT] 5/18 & 5/22 NASDAQ Turning Points


> > 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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