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Strategies & Market Trends : Z PORTFOLIO

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To: DanZ who wrote (11373)1/20/2004 8:54:49 AM
From: Kelvin Taylor  Read Replies (1) of 11568
 
Good work Dan. Looks good

Few comments here about the Z port.

Dan has a good point about taking the opposite trade in a stock we already have in the Z. For accounting purposes here I recommend from now on that is the rule. Larry also mentioned a good point about multiple positions of the same stock. We do have IMO some excessive positions in certain stocks and by more than one sponsor.

I have three positions in both LEXR and SNDK. I plan to sell both stocks down to only one or perhaps two positions each. In the case of TOY would it be better use of funds to just have who shorted the stock first be the only sponsor of that stock even at different prices? This should go a long way in simplify the accounting and have more funds for others(even some new ppl) to participate.
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