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--- In realtraders@xxxx, DH <catapult@xxxx> wrote:
> > 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
For your information, I trade "nasdaq stocks" only and I use NASDAQ
index as the floor map for my direction and the "36%"is true and I
was in RBAK stock and I covered my short today before the close.
I don't trade unless there is a high probablity because I don't fall
into the mistake of overtrading. If I stay in the market all the
time, I "personally" will not be able to distinguish trees from the
forest, and I like always to see the forest.
Haytham
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