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Strategies & Market Trends : AMIGOS INVITATIONAL YEEHAW PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?

To: scouser who wrote (645)	7/10/1999 1:56:00 PM
From: FrozenZ	Read Replies (1) \| Respond to of 1316

I agree with you totally. All of the closed position CAN be added. Thus if we have a return of 6% on closed positions one month, and 8% the next month on closed positions we have a cumulative 14% gain over two months. <) instead of the 224% return claimed, we get a 6.05% return. Since something should be subtracted for commissions I guess 5% would be realistic.> What I meant by the above paragraph is: 6.05% return... since something should be subtracted for commissions (1%) the total return should be listed as 5% i.e. 6.05% minus 1% for commissions equals 5% total return. That wasn't stated very well but if you knew the actual brainpower I am working with here you'd be quite amazed by my efforts.