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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Tino who wrote (4556)	3/9/1998 4:56:00 PM
From: Pancho Villa	Respond to of 18691

>My main point was not that the minus sign was missing but rather that 2% and -1% per month with a 50/50 chance won't get you to 12% per year. That was worthwhile pointing out IMO.< I apologize. You are right. The average of 2% and -1% is only 0.5% which only gets you 6%. >It was never my intention to offend you, Pancho. I don't know why you feel and react that way.< I apologize again! I guess I am not having a great day today. My example should have used 3% and -1% for an equal likelihood average of 1%/month. Pancho PS: I told you guys...BERY BERY BERY dangerous listening to these guys from south of the border with no profile.