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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: Jill who wrote (87574)	1/4/2004 12:58:15 PM
From: Rich1	Respond to of 93625

Certainly would be nice.<gg>

To: Jill who wrote (87574)	1/4/2004 3:26:29 PM
From: minnow68	Read Replies (1) \| Respond to of 93625

You friend did not answer the question of a 60% weekly return (he did 60% monthly which is quite a different animal!) A 60% weekly return from trading would be expressed as 1.6^52 (since you are multiplying your wealth by 60% every week and there are 52 weeks in a year). This works out to 41,137,613,933 times your original investment. If you started with $10,000, you will have about 41 _TRILLION_ dollars by the end of the year. You would pay over 14 trillion dollars in income taxes and single handedly wipe out the national debt. Since we still have a national debt, it is clear that no one has ever achieved this. I very much hope you can pull this off. I sure would like to see the national debt wiped out. Now, should you pull this miracle off for two years, you would have over 1.6 million trillon dollars (and that's if you only started with a dollar!). In other words, you would own everything on the planet.

To: Jill who wrote (87574)	1/4/2004 7:17:25 PM
From: hdl	Read Replies (1) \| Respond to of 93625

you say you couldn't calculate it. you turned it over to a physicist who made a whopper of an error. and, even you, should have caught the error. besides, you miss the main point. you can't make 60%/week with the money you got from sale of rmbs. if you can hold rmbs and make 50%/year for a few years, that is way better than buying and selling other stocks each week- putting aside taxes, costs of trading and your time 9which i assume isn't worth much). so garbage in - garbage out. you asked the wrong question. and the physicist gave the wrong answer to the question.