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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: LemonHead who wrote (15406)3/29/2001 7:55:00 PM
From: Bernie Goldberg   of 18928
 
Hi Keith,
I figured that 50% would have been too conservative considering that the IW is recommending 41 %.
One of the funniest posts I've read concerned UOPIX on the Raging Bull.
This guy said he wasn't concerned even if it reached a value of one cent. He was certain the Nasdaq 100 wouldn't ever all go out of business. What he wasn't considering was the simple fact that if it hit one cent. It would require a 200% move to hit 3 cents. If my math is wrong please don't anyone correct me. I'm simply trying to make a point.
Bernie
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