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echo: locuser
to: Frank Malcolm
from: Paul Edwards
date: 1996-05-10 01:56:10
subject: get rich quick

BTW, I have thought of a method of being able to trade properly.

What I need, is some really violent stocks, that have a 10% 
chance of going to 10 times their value, and a 90% chance of
losing the lot.  Then I'll buy 10 of those stocks, and the
one that goes up is the one that I don't sell.  The ones that
go down, are the ones that I sell, to make an immediate capital
loss (but on average, I'm still worth the same).  

Then for the next few years, I can trade like mad, to make up
for that capital loss!

What a brilliant idea!

Can you please give me the ASX codes of 10 stocks that have a
10% chance of going 10 times value, and 90% chance of losing
the lot.  Thanks + bye.  Paul.

P.S. If that is too difficult, it may be possible to do with
options.

E.g. buy MAY option for $5.00, PDP option for $2.50.  I lose my
MAY, but get the PDP.  So then I exercise the PDP, buying PDP at
a super-low price.  Hmmm, I'll have to think about that one at
a different time of the day.  I read the CGT booklet, and the
options bit was quite complicated.
@EOT:

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