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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%4:00 PM EST

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To: pater tenebrarum who wrote (50021)5/9/2000 7:57:00 PM
From: Benkea  Read Replies (1) of 99985
 
heinz:

"Benkea, what difference does splitting the stock make?"

I figured everyone knew me well enough that my commentary re: the total absurdity of that quote was unnecessary :-) His "logic", while wholly unstated, was that "a penny" in % terms is harder to beat by when you split the stock. ie: estimate .10 beat by a penny or 10%. Split the stock, estimate is .05 beat by a penny or 20%.

I still thought it was a funny quote even if the author wasn't meaning to sound as totally ignorant as he did.
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