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Strategies & Market Trends : A paper trader

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To: Mike McFarland who wrote ()6/8/1999 1:13:00 AM
From: Mike McFarland  Read Replies (2) of 14
 
So here is where I stand after today's
trading session: My real world portfolio
stands at 58k, while the fake trader-portfolio
(which I had run up to 70k which was all cash
over the weekend) now contains the following:

1000 CEPH, cost $16 1/4, $16,250
1000 CORR, cost $15, $15,000
5000 MAGN, cost $2, $10,000,
that leaves about 29k to spend.

As you can see, still biotech, what can I say,
I don't really follow anything else these days.
The first two picks are from BBRS, and I follow
them a to some degree, I know a bit about Provigil
and sounds like it could be a blockbuster someday
for just plain old sleepiness, jetlag etc--I'm a
shiftworker so this one caught me eye.

The MAGN is my own pick after listening to vcall
over the weekend, I have that one in the real
portfolio as well, along with a bunch of other
nanocap biotechs, which lately are frustrating me.

Would love to see somebody paper trade the I-nuts,
feel free to start with 70k like I have here.

Oh, and not important to post real time, it is a
good idea, but since this is just on paper, I don't
think it is really all that important. If you trade
something that is thinly traded, you might inflate
the price a bit--I did that with MAGN just to be
fair, and to start with a nice round number.

Regarding CORR, McCamant made it into Businessweek
with this one, see page 171 of the 6/14/99 issue...
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