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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: OldAIMGuy who wrote (9668)	12/22/1999 6:44:00 PM
From: fuzzymath	Respond to of 18931

Thanks for the Value Line clarification. Now, talking to most people on the internet, you'd think that no one owns any of those bad boys that are down at least 41% in the past 13 weeks. It always astounds me when I go to Yahoo! Chat and talk about how pleased I am to have avoided most of the last dip and gained 5% in the past month. I'm immediately bombarded with "Well, I made 37% today!". And the talk is as though they make 37% every day. Try this calculation: 37% daily gain compounded daily for 252 trading days in a year: in other words, 1.37 ^ 252. Wow, that is a super return! These guys are turning $1 into $2.8 x 10^34 every year! I guess we should all start listening to them! Kevin