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Strategies & Market Trends : Options

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To: edamo who wrote (2472)2/9/2000 12:41:00 AM
From: SecularBull  Read Replies (2) of 8096
 
OH, ED, ONE MORE THING (THREAD, YOU MAY WANT TO READ THIS)... There was a post from you about me somewhere in which you did the math for what my 10,500% return would do for $1, $100, $10,000 and so on.

As I recall, you indicated that an initial investment of $10,000 with a 10,500% return would net more than $100,000,000. I think from that point forward you went on to refer to my $1,000,000,000 portfolio (kindly adding an additional three digits) in many of the posts. Do you remember that post? Funny, I can't seem to find it. Oh, wait, here it is...

Message 12813822

Using your math (which was a 10,500% return on $1 equals $10,500), does that mean that a 100% return on $1 equals $100? That's the most impressive 100% return I've ever seen!

I have to admit that I made a mistake earlier. I confirmed that my total return for 40 months was 10,500%. In actuality the total return, through today, in 42 months is just north of 16,000% on initial investment (that's $160 for every $1 invested).

Before you shoot off another flame, you might want to check your calculator. For simple multiplication purposes, you can move the decimal point two notches to the left, and multiply the amended number by original investment to determine the total return (if you haven't figured out how to use the funny symbol on your calculator that looks like: %)

Cheers!

LoF
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