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


To: daffydog who wrote (149)2/24/1999 7:24:00 PM
From: TraderGreg  Read Replies (1) | Respond to of 19256
 
Funny but I just naturally assumed that the thread reference of "50% per month" was a NON compounded rate of return. where the 50% would be used as income on which to live.

TG




To: daffydog who wrote (149)2/24/1999 7:28:00 PM
From: Jon Scott  Respond to of 19256
 
I have a system and it works. I don't see as many critics posting today.
I can usually find about 5 good buys per week and would have little problem working with $50,000 in buys per week without raising eyebrows
Example. $5-10k in each of this week's picks would not caused any imbalances.
I've rarely had a problem finding stocks. The only problem I've had is getting the funds to buy them.
I am currently exploring various sources.




To: daffydog who wrote (149)2/24/1999 7:35:00 PM
From: Jon Scott  Read Replies (1) | Respond to of 19256
 
Regarding the market environment
In 15 years, there have been relatively few days that the market has pulled down everything with it.
My worst day was probably in 87 or 91 during the crashes. Even then, there was probably about a 20% drop in equity. A good stock, one that's already discounted and solidly growing, will be a lot more cushioned than a bloated stock.