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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Mama Bear who wrote (12661)8/12/1998 2:23:00 PM
From: craig crawford  Read Replies (1) of 18691
 
>> craig, a 1500% return on $10000 would be $150000. If you can do that, I'll send you my money, and we can split the profits 50/50. <<

Go get your checkbook. Actually a 1500% return is a 16 fold return--or $160,000.

>> Perhaps I'm not seeing the math. Assume a 15% advance in the S&P 500. By exceeding by 1500% do you mean returning 225% (15 x15%) or 1515%? <<

I already clarified this. A 20% return for the S&P 500 would be $10,000===>$12,000. If I am going to exceed a 20% return by 3000% I will need to return 3020% or turn $10,000===>$312,000
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