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Strategies & Market Trends : AL is Not a Human Being
QQQ 611.67-1.9%Nov 6 4:00 PM EST

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To: Steve Lee who started this subject9/17/2002 4:26:35 AM
From: Steve Lee  Read Replies (1) of 793
 
A rough tally of all Al's profits minus all his losses for this year so far means Al has a cumulative gain in just over 9 mths in excess of 170%

Nice going Al !

Note: this is only a rough tally. The actual results of making those trades is going to be slightly improved by the effects of compounding, but also affected by taxes and the percentage of portfolio commitment that went into each trade.

It is also worth noting that most of Als trades have been shorts, and we have been in a bear market. I would like to think that means Al has read the market well. It could also mean that some of Al's techniques work best in bear markets, and he may not do so well in a bull.
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