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Strategies & Market Trends : Want to make $1000 a week trading.....I'm going to try!!! -- Ignore unavailable to you. Want to Upgrade?


To: Marlin C. Harmon who wrote (498)1/25/1998 8:52:00 PM
From: Cents  Read Replies (1) | Respond to of 1100
 
WEEK 4 START

Positions:

Jodi:
Cash $592.1764
Held 75000 ACCY @.20= $15000
Total Equity $15592.1764
Week 4 Profit target=Target Surpassed by $6592.1764
Week 4 target percentage=Target Surpassed by 42.3%

Kevin:
Cash $1690.625
*Margin held 500 IFCI value $1515.625
*Held 500 NCES value $2968.75
Total Equity $6175
Week 4 Profit target=$2875
Week 4 target percentage= 46.6%

Cents:
Cash $1.875
Held 1182 shares ILNK value $5910
Total Equity $5911.875
Week 4 Profit target=$3088.125
Week 4 target percentage=52.2%

Sue:
Cash $534.50
*Held 200 shares UTI value $3050
*Margin held 300 TLK value $806.25
Kickin for week 4=$609.25 (to be deducted from future gains)
Total equity $5000
Week 4 Profit target=$4000
Week 4 target percentage= 55.6%

Jimbo:
Cash=$0
*Held 16000 shares AWLT value $2750
*Held 5000 HUBS value $1875
*Held 2500 ACCY @.20= $500
Total equity =$5125
Week 4 Profit target=$3875
Week 4 target percentage=75.6%

Scba:
Cash $2852.50
*Held 1000 BAAT value $281.25
*Held 940 DCTC value $1938.75
Total equity $5072.50
Week 4 Profit target=$3927.50
Week 4 target percentage=77.4%

Brian:
Cash $2937.50
*Held 10 calls PQOBG (PSFT) value $2000
Kickin for week 4=$62.50 (to be deducted from future gains)
Total equity $5000
Week 4 Profit target=$4000
Week 4 target percentage=80%

Dan:
Cash $10550
*Held Short 300 AVNT value -$5250
Kickin balance for week 3=$493.96 (to be deducted from future gains)
Total Equity $5300
Week 4 Profit target=$3700
Week 4 target percentage= 69.8%

Evan:
Cash $100
*Held 400 PRGO value $4900
Kickin for week 4=$1234.38 (to be deducted from future gains)
Total equity $5000
Week 4 Profit target=$4000
Week 4 target percentage= 80%

rouzam:
Cash $5000
Total Equity $5000
Week 4 Profit target=$4000
Week 4 target percentage= 80%

SPress:
Cash $1593.75
*Held 10000 MDCE value $1406.25
*Held 1000 ISON value $2000
Total Equity $5000
Week 4 Profit target=$4000
Week 4 target percentage= 80%

Mightycujo:
Cash $5000
Total Equity $5000
Week 4 Profit target=$4000
Week 4 target percentage= 80%



To: Marlin C. Harmon who wrote (498)1/25/1998 9:11:00 PM
From: Mike McFarland  Read Replies (2) | Respond to of 1100
 
Ah, yes. It is always a little tricky to
decide what to do with excess cash. I tend to
be a little paranoid, especially lately--and
this has resulted in buying a precious metals
mutual fund. Maybe I have a few too many hedges
around my house at this stage though.

I guess I will try to add a contribution
to the thread topic, here's what I am
watching and will perhaps be trading in
the week ahead. I dont own any of these
yet--have basically been afraid to
buy up til now.

NTIIC--a biotech (actually has a neurological drug,
it is struggling to stay listed, thread under NTII)

SQNT--went up friday, could Stratus have helped?
earnings are coming Wednesday after the close I
think, it is down a lot these past two months.

SYBS--think we may have hit bottom, and happily
I have been out of this one while it has tanked.

TLK--PT Telekom. (Indonesia), the ultimate in
bottom fishing for those who buy when blood is
in the streets.



To: Marlin C. Harmon who wrote (498)1/25/1998 10:44:00 PM
From: TraderGreg  Read Replies (1) | Respond to of 1100
 
Yes, you made it too confusing. If the interest rate on the alternative investment is higher than the mortgage, then the alternative is the way to go.

The mortgage interest is tax deductible but a CD is tax ABLE. That means wash, except for those with small mortgages where the interest paid is so small that they may actually take the standard deduction(this is rare in urban areas I am sure). In that case the CD would have to earn a higher rate than the mortgage. Not an easy thing to do.

No need to go through complex amortizations, just compare the APY of the investment to the APR of the mortgage.

TG