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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (7392)8/30/1998 9:18:00 PM
From: Joseph G.  Respond to of 42835
 
<<IF someone gives a credible argument against me being 100% invested, I darn well better give it serious consideration.>>

Spent all night doing arithmetics -g-

Suppose a stock, or index drops 70% peak to bottom, that means somebody who bot at top loses 70% of their money (not counting inflation, taxes, etc).
Q: How much is loss if bot at 15% off the peak?
A: 65% loss.

Repeat for a 89% peak to bottom - A: 88% loss.

Repeat for a 89% peak to bottom, if bot at 25% off peak.
A: 85% loss

Repeat for a 89% peak to bottom, if bot at 50% off peak.
A: 78% loss

Repeat for a 89% peak to bottom, if bot at 70% off peak.
A: 63% loss

Repeat for a 89% peak to bottom, if bot at 85% off peak.
A: 27% loss



To: Kirk © who wrote (7392)8/30/1998 9:43:00 PM
From: Greg Butcher  Respond to of 42835
 
Kirk, I did see that P.S. I was just surprised by how quickly cynicism can raise its ugly head after being right for 12 years. Its an element of human nature i guess. I must complement you on your outstanding web site, spent a lot of time there today.

Looks like Japan is up today...I hope this bodes well for the morning..
as long as they keep it up tonight.....

Here is a link to the Nikkei if anyone wants to take a quick look..

quote.yahoo.com^N225&d=t