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  #11  
Old 12-10-2004, 02:53 PM
Evan Evan is offline
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Join Date: Jun 2004
Location: sthief09: im kinda drunk from the nyquil
Posts: 1,562
Default Re: pay it forward... or backward:

[ QUOTE ]
1,550/0 equals E

[/ QUOTE ]
Oh man, where do I sign up?
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  #12  
Old 12-10-2004, 03:05 PM
RocketManJames RocketManJames is offline
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Join Date: Nov 2002
Posts: 118
Default Re: pay it forward... or backward:

Uhhh... man, this is my last post. You're a moron.

Let's see... you risked $0? Oh wait.
Let's see #2... you put in $0? Can you do this without any margin power?

Ya, and if the stock moved against you... what happens?

Moron.

I'm done with this, I think anyone who has read our discussion will know enough to not trust you and your intentions.

-RMJ
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  #13  
Old 12-10-2004, 03:25 PM
goodedesign goodedesign is offline
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Location: charlotte, nc
Posts: 146
Default Post deleted by Mat Sklansky

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  #14  
Old 12-10-2004, 03:34 PM
xtravistx xtravistx is offline
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Join Date: Dec 2003
Posts: 20
Default Re: pay it forward... or backward:

"plus, if you know a stock is going up"

This is the essence of everything you are saying. You aren't using any special risk-free "techniques" to make money, you are just maximizing leverage to make the most money, all of us can do this, too, if we KNEW a stock was going up.

The problem is that you are using the fact that a stock is a sure thing to go up as justification for why your methods are risk-free, etc, when in fact it is never a sure thing that a volatile stock (such as GOOG) is going up.

I think we would be more interested here in how you find these stocks that go up so much in the first place, such as that $75->$90 example before. Finding the stocks is the hard part, not applying the leverage.

-xtravistx
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  #15  
Old 12-10-2004, 03:57 PM
goodedesign goodedesign is offline
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Default Post deleted by Mat Sklansky

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  #16  
Old 12-10-2004, 05:00 PM
xtravistx xtravistx is offline
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Join Date: Dec 2003
Posts: 20
Default Re: pay it forward... or backward:

Ok, I agree that it's about picking a stock (or index).. any tips on what to look for there?

As for the pay it forward idea, paying for the next in line would be cool, but you won't be able to see their reaction really, so what kind of postings are you hoping for?

I'm not so sure paying for the next in line is "giving to charity".. a better experiment might be to go up to some homeless guy and give them $20/$50/$100 and see *their* reaction, that'd be pretty interesting, imo

-xtravistx
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