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Biotech / Medical : Biotech I-Shares (IBB) -- Ignore unavailable to you. Want to Upgrade?


To: Rich23241 who wrote (15)2/13/2001 8:50:49 PM
From: LemonHead  Read Replies (1) | Respond to of 75
 
Hi Rich, I duplicated your purchase into my own Newport and came up with the same numbers. So I assume that you have set the minimum number of shares to trade at 3 and minimum dollars to trade at $500.

Have you scratched around on the profit dollars per trade to see what the results will be? The reason I ask is that 95% of what I work with is set at a minimum of $1000 with the slower ones set at $750.

I know that Lichello wrote that $500 is okay, but I think it is worth exploring larger trades.

I believe that I read you were retired, and my input is only to help you maximize your time.

FWIW
Keith



To: Rich23241 who wrote (15)2/13/2001 10:18:25 PM
From: matvest  Read Replies (2) | Respond to of 75
 
Hi Rich,
I ran a historical analysis in Automatic Investor on the Nasdaq Biotechnology Index between 1/1/96 & 12/31/00. The Best SAFE I got was at 5-5. I also tried Keith's idea of a minimum trade of $1,000 - 500 was better. Actually the range of returns for all the variations I tried over the 5 year period was:
5-5 = 390% (500 min)
5-5 = 368 (1,000 min)
all others with 500 min & O shares min
10-10 = 350%
25-0 = 360%
65-10 = 333%
65-0 = 346%
5-0 = 378%

As you can see there is not a lot of difference over such a long period. I will probably go with 5-5/500 & do vealies.
Larry M