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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (11639)	8/29/2001 5:39:24 PM
From: marginmike	Read Replies (1) \| Respond to of 209892

Thats 5 thousand shares, not 5k's worth-g-/ng Cabs arnt that expencive but I could get a year old Ferrari-g-

To: patron_anejo_por_favor who wrote (11639)	8/29/2001 5:40:25 PM
From: marginmike	Read Replies (1) \| Respond to of 209892

I am also upset I didnt hold my BKX puts seems like they will fall to 840 very quikly.

To: patron_anejo_por_favor who wrote (11639)	8/29/2001 6:12:10 PM
From: robnhood	Respond to of 209892

HO ho ho--- <<Bear Forum You Could Have Made 25.9%/yr Following Prechter Posted By: Bill G. Date: Wednesday, 29 August 2001, at 4:51 p.m. Data from Hulbert Financial Digest. If you were to follow the opposite of his advise in his market letter, Elliott Wave Financial Forcast. The below percentages are for following his timing signals with the Wilshire 5000 index as he does not give individual stock advise. I show below that it may be better to buy the worst stock market letters and follow the opposite of their advise instead of buying the best. I think I am the first to think of this really great idea. The best market letter during this period MPT Review, was up only 18.8%/yr compounded, but using my unique method you would have made 25.9%/yr following the opposite of Prechters letter. I think I may try and get a patent on my idea. 15 years through 6/30/01 = -25.9%/yr compounded if you follow his traders portfolio which goes short. 15 years through 6/30/01= +7.4%/yr if you follow his investers portfolio which does not allow shorting and has been mostly in cash the last 15 years. So lets say you are SLB and started with $1,000,000, 15 years ago So you have $1M x (1-.259)x 10^15 = $1M x .01115x $1M = $11,150 you have today. But if you had followed the opposite of his advise you would have. $1M x (1+.259)x M 10^15= $1M x 31.65 = $31,650,000. So I guess this also proves that EWT works and works very well, if you know how to use it. [:)]>>>