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Strategies & Market Trends : From the Trading Desk

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To: steve goldman who wrote (2235)1/7/1998 4:32:00 PM
From: John J H Kim  Read Replies (2) of 4969
 
Anybody watch CNBC real early in the morning? At about 7 am, they give the daily results of the Student Stock Tournament. The winner for the last contest time period turned a paper portfolio with an initial sum of $10,000 into over $1 Million. Second palce winner came in with a portfolio of $850,000. Quite an acheivement. They did not use any margins since the rules stipulate that the portfolio always had to maintain some cash positions.
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