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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?

To: Taro who wrote (2930)	3/29/2007 11:21:16 AM
From: Sr K	Read Replies (1) \| Respond to of 20435

On Rule 4: If you short at 20 and it goes to 17 you are $3 ahead. <<Shorts will be valued as PP+(DP-PP). PP=Purchasing Price, DP=Price of the Day.>> This would be 20 + (17-20) = 20 -3 = 17 which is the opposite of what we want. <<<Shorts will be valued as PP+(PP-DP). PP=Purchasing Price, DP=Price of the Day.>>> is better: Then 20 + (20-17) = 20 +3 = 23 See Message 23404278 <<<<Shorts will be valued as SP+(SP-DP). SP=Shorting Price, DP=Price of the Day.>>>> is even better.