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Strategies & Market Trends : 2002 Canadian Stock-Picking Challenge
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To: kirby49 who wrote (59)12/25/2001 1:51:10 PM
From: Al Collard  Read Replies (1) of 1590
 
"So let me get everything straight, although I read every post. All trades occur on the last trading day if not held over to the next month. All trades must include closing the prior months and using all proceeds to open an new position which you must hold. Everyone fully invested all the time."

Bob,

You seem to have everything down pat with the thread rules other than the fact you will not have to be fully invested at all times. At the end of a month if you choose to sell your stock you can stay in cash. Then down the road you can choose to go back into the market with a stock at any month's end. Any entrant can stay with their $20,000.00 stake in cash right off the start if they would like.

Also remember if you choose a stock and it drops below $1.00 you will be stopped out of that stock @$1.00 and can put the money back into the contest at the end of that month.

Regards,
Al
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