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capt_jmj

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capt_jmj

Re: Little Chico post# 649

Friday, 12/08/2006 9:10:37 AM

Friday, December 08, 2006 9:10:37 AM

Post# of 2827
Chico, at 2X, the annual returns are closely approximated by ((1+X)^2)-1, where X is the 1X return. It is not just twice due to the daily compounding effect.

Kind regards,
-CAPT J

"What would you attempt to do if you knew you could not fail?"

http://investorshub.advfn.com/boards/board.aspx?board_id=7383

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