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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: mish5000 who wrote (37003)11/6/2001 1:22:54 AM
From: electrodude  Read Replies (1) | Respond to of 37746
 
The $70 million was theoretical based on the claimed return. In no way do I believe this is possible. But, if someone claims they are making $500 on their worst, presumably when the short period of time passed that they doubled their money they would trade twice the shares...following the claimed return, $70 million would result in a year by continuing to increase the position size with the account size. Even using a constant size it's still going to turn $20000 into at least a quarter million in a year, if $500 was the worst day. Quite an astounding feat, but nothing close to the truly unbelievable claim to never have a losing day.

ED



To: mish5000 who wrote (37003)11/6/2001 2:05:18 AM
From: 2MAR$  Respond to of 37746
 
$500 a day = ~$120 k a year

and that just pays for CyberCorp's commissions !

;-)