SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Investing for the Long Run

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: loantech who wrote (22)7/1/2007 12:01:12 PM
From: tyc:>  Read Replies (1) of 68
 
OK ! This is what I have decided to do. Bear in mind that this is "Investing for the Long Run " . My trading strategies may be considered "cut and slice", but they are not "cut and run".

For 300 shares of XSP I can buy 2200 WGI at the current price (2200*.138 = 303)

From the current price of .138, upside targets will be:

.1587
.1825
.21

.21 will see me all out.

Incidentally each of the three trades will yield sufficient to buy 133 shares of XSP, so if the stock goes straight up and I am sold out, my initial cost of 300 XSP's will have yielded 400 XSP's.

Getting out all even (for 300 XSP's) means equalling the performance of S&P500. So getting out with 400 XSP's means outperforming the S&P500 by 33%. (WOW!)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext