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


To: Elroy who wrote (3907)8/6/2007 4:57:44 PM
From: Kirk ©  Read Replies (1) | Respond to of 20435
 
I guess I could follow the rules by selling 100% of a position... then on the same day buy a new number of shares with an estimated amount for half the dollars... or simply wait a day and hope for a pullback.



To: Elroy who wrote (3907)8/6/2007 5:07:10 PM
From: Taro  Read Replies (1) | Respond to of 20435
 
My rule changes are still subject to final corrections. I was waiting for somebody to point out obvious mistakes. If this is the only one, well...

Taro



To: Elroy who wrote (3907)8/6/2007 5:10:32 PM
From: Taro  Read Replies (1) | Respond to of 20435
 
2- You start out with $100 fictive money, no real cash required.
Initiate your position by buying or shorting a stock or announce your cash position (to Elroy as usual) before closing hours on Friday Aug 10 , and further on any one of max 2 days a month that the market is open as long as you get your order in before the close of trading that day.
You get the day's closing price for your transaction.

You can also sell or cover a short on any (max 2) days a month the market is open, again as long as you get your order in before the market close.
Sell all or none of the stock, no partial sales are allowed!
Sales and short covers pay a 1% commission on the amount as a trading cost.


Line nbr 2 from the bottom - for those who know how to read ;)

Dammit, Elroy get your school money back!

Taro

PS/ Anything else I missed while we are at it?