Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: milesofstyles who wrote (3340)	4/19/1998 10:29:00 PM
From: Sergio H	Respond to of 29382

miles, the numbers are good. We pick em. They go up. I only used simple numbers and didn't annualize on a compound basis. Didn't want to show off, the numbers speak for themselves. Not many threads put it on the line like we do here. We pick them, we own them. We do most of our posting when the market is closed and we let everyone know why. This has been a good thread up to now. Lots of sharing and exchanging of ideas. This weekend we're hosting a reunion of lost 56ers besides what normally goes on. Sergio

To: milesofstyles who wrote (3340)	4/20/1998 1:24:00 AM
From: Cary C	Read Replies (2) \| Respond to of 29382

>>if inception is 1-18-98 and calculated as of 4-18-96, ie 1 quarter , based on the 26 percent of closed positions,isn't the annualization 104%, definitely impressive beyond reason still, just having difficulty following your figures. tia for the help<< Using the above assuming that you reinvested your profits, your annualized rate of return would be 152%. Ex. $1000 x 1.26 = $1260.00 x1.26 = $1587.60 x 1.26 = $$2000.38 x 1.26 = $2520.48 1520.48 on a $ 1000 investment would be 152% gain As far as the 26% or 18.5% on an average turnover rate of 11 days is unrealistic. Assuming you did buy and sell every 11 days and invested all of your profits, the returns would be mind boggling. Just for kicks 18.5% would be 365 days divided by 11 days = 33.18 times. On $1000.00 the end result would be $271,000. or 27,100%. VERY UNREALISTIC but boy would that be fun or what! Cary