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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call -- Ignore unavailable to you. Want to Upgrade?

To: farkarooski who wrote (1170)	2/7/2003 3:22:05 PM
From: bruceleroy1_-	Respond to of 11447

fwiw, he recently claimed that he made back those loses by trading the rally in October.

To: farkarooski who wrote (1170)	2/7/2003 3:34:47 PM
From: lifeisgood	Respond to of 11447

let's do some calculation, a couple of hundred points down from here, would put us pretty close to Nasdaq 1000 so from Nasdaq 2000 to 1000, you lose 50%, and if you are 200% long, you in effect lose 100% of your money I've actually done some research on the 200% funds and their time decay drawdown in volatile markets will kill you. As such, JT would go completely broke at around 1100 - 1150 if he stayed in the 200% long fund and rode it all the way down from NAZ 2000. best... LIG