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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Wayne Rumball who wrote (148)	2/24/1999 6:18:00 PM
From: daffydog	Read Replies (2) \| Respond to of 19256

Thanks for the clarification, Wayne. My point was just what you now stated -- that with any significant amount of money to invest, it will be an utter impossibility to find enough companies to invest in, enough shares of each company, enough time to follow the investments, and/or enough "greater fools" to purchase your investments once you've decided to sell in order to sustain anywhere near 50% per month compounded returns. This is like a chain letter or some other Ponzi scheme -- there aren't enough dollars in the world to keep things going after about sixty iterations. However, if Jon is talking about using a relatively small amount of money to spin off a fifty percent gain each month, without increasing the amount invested each month, he's got a better shot than what we skeptics assumed he was talking about. As long as, of course, his luck, the up market, and the planets all line up in his favor. We'll see. MGG