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Strategies & Market Trends : The Amateur Traders Corner

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To: Mr. Aloha who wrote (5380)	1/17/2001 11:06:21 PM
From: Tom Hua	Read Replies (2) of 19633

Mr. Aloha, ENGA helps lift the long portfolio to a 43% YTD gain, congrats on your pick. You can make up to 4 trades a year per portfolio. Proceeds from the sale of a pick will stay as cash until you decide to put it to work in the same portfolio. If an exchange notice is given before the close, closing price of the same day will be used, otherwise, it'll be the next day. So we'll "sell" ENGA at tomorrow's closing price. Your initial investment was $10k, please make a note of your proceeds from the sell tomorrow for future use. Rutgers' spreadsheets take into account cash on hand, but I don't know how to recognize cash with SI portfolios. Any idea, anyone? Regards, Tom

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