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To: Chris who wrote (11802)7/11/1998 12:07:00 PM
From: Sonki  Read Replies (2) | Respond to of 42787
 
Xris, goal to beat NDX +30-40% to breakeven.YTD ndx is up 35%?Not SPY

most of our mony is probably in top 100 naz stocks (ndx).

one can easily beat sp500, since s&p is low risk. NDX is high risk.
sp 500 pe = 26-27 naz pe is 57. see the risk in ndx so ndx over a period of years FAR out paces sp500.

BTW: i can not check your figures for accuracy since I am not u, when i click on the your link I see nothing.

if you are trading (not in ira), u need to make another 30-40%
to pay for fed/state tax. this will break u even. that is why i trade in ira. knowing i will win more often then loose, i don't want to pay taxes for my hard work and risk i take.

so if u r not going to do index + 40% one should buy SPY.

chris, in the two years, i have known u, u have come a loooong way,
I hope your parents realize that. I remeber trying to convince u to buy warrants instead of the stocks for leverage.

if/when i retire i m gona learn your Get stuff/ metastock etc.
u made a beliver out o me.



To: Chris who wrote (11802)7/11/1998 1:01:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (4) | Respond to of 42787
 
briefing has earnings

Mer on Tues
LU on July 22
INTC tues..
PWJ Tues

MER is having a run up toward earnings....

dont know if before or after the bell...we need to find out which and which day is correct for the earnings...