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


To: Elroy who wrote (6998)1/31/2009 11:09:26 PM
From: Sr K  Read Replies (3) | Respond to of 20435
 
WARNING!
THIS DISCUSSION IS ABOUT A PRIOR VERSION OF RULE 2.

Rule 2 used to be longer.

From the header you can click and review all revisions to the header.

I guessed 5/18/2008 (they are not listed in date order for some SI "reason"), and here's what we had:

Sell or cover all or none of your stock, no partial sales allowed!

siliconinvestor.com

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, max 5 items incl. cash,
to Elroy as usual before closing hours on Friday, January 25th, and further on any one of max two open market days a month as long as you get your order in before the close of trading that day. You get same 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 orders in before the market close. For technical reasons, however, if ever possible please avoid "TGIT" Thursdays, which in the ME are like our TGIFs for Elroy.
Sell or cover all or none of your stock, no partial sales allowed!
Sales and short covers pay a 1% commission on the amount as a trading cost. No trading costs for buys.
Sorry guys, but for technical reasons we cannot account for dividends in this competition, so just carry them to your bank with that smile ;)

You can trade any day you like, but you are limited to two (2) days of trading activity per month incl. initial picks.
On any given day, you can do as many trades as you like (eg., cover a short, sell a holding, buy new stocks) but
you can only be active on two days out of each month.

---

EDIT
It was in 11/5/2008
siliconinvestor.com

and taken out 11/18/2008.