11/24/03 N = 29 X = $1248 Sum(P) = $185 Stock market to the middle class is lottery to the underclass.
pardon my noobishness, but what does IB stand for? I told someone at work of your "experiment" and he was wondering where you were buying at $1 per 100 shares
11/25/03 N = 29 X = $1248 Sum(P) = $177 Stock market to the middle class is lottery to the underclass.
11/26/03 Added two today. N = 31 X = $1304 Sum(P) = $202 Stock market to the middle class is lottery to the underclass.
So do I have this correct? You have 31 lottery tickets (100 shares each) They cost you $1,304.00 including commish to get in Their value is $1,506.00 if you cashed them in at the time of the quoted post above including sell commish Michael B.
Yes for #1 and #2. #3 is close. Their value of $1506 is based on the closing price. I may not be able to liquidate at the close price but the difference shouldn't be too large.
Excuse me for taking up your time in this experimental journal...but perhaps to double our money we might consider adding 10% more profit in our goal to net double. Probably not a big deal but i see the drawer getting fuller. I hope you continue posting and I hope this works....this just takes the air out of TA. Michael B.
11/28/03 N = 31 X = $1304 Sum(P) = $242 Stock market to the middle class is lottery to the underclass.