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Re: OmegaMan7of9 post# 10614

Saturday, 08/09/2003 3:32:06 PM

Saturday, August 09, 2003 3:32:06 PM

Post# of 32426
OK Frank, so doing a little math, you are spending roughly $28,200 per day in order to make $500?? And what about those days that the stock drops? Down a buck and half two days in a row can kill you? You know, I once tried that strategy with mutual funds, at least you could tell before the end of the day where the fund was going. A week straight of losses quickly cured me of that experiment.
Geez Frank, you would be much better off getting on an internet gambling site and playing the don'ts and laying odds at a craps table!
What about when you threw all that money into slurpit's picks? Got killed in that one, didn't you? And then you want to throw $10k into a stock that immediately drops at least 50%?? Frank, we need to talk about your investing, buddy. Or whatever you call what you are doing?
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