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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Math Junkie who wrote (28398)	2/18/1999 2:47:00 AM
From: Robert O	Respond to of 70976

Ouch!! That's what I was afraid of ;-) I mean, it's bad enough to be led down the dreamy path of compounding (annualizing) a one day movement (I like doing it on particularly wild days imagining how many servants would be "too many" after a good day) and, even while agreeing with Gecko that Greed, for lack of a better word, is Good, manners alone dictate a 265 business day year to compound on, max. Subtract the many holidays on which the market is closed and sensibility becomes even more intrusive. For shame, even at 265 days we're looking at a 85% annualized drop from the true close that the Luddites have "talked it down to." This issue is more volatile than we thought!! <gg>