The Elephant Under The Water, page-64

Hey Cujo,

You seem to be a relatively smart guy, have been stalking the FAR forum for years, and your stated ambitions are to at some point make a 30% trading profit from FAR right?

So, which scenario do you think will be easiest to achieve this:

Option 1): 30% SP rise from 8.* c to 11c ($400m to $600m MC) **
(Actually, looks like you have missed this one... but how about the other ones?):

Option 2): 30% SP rise from 11c to 14.3c ($600 to $780MC)
Option 3): 30% SP rise from 14.3c to 18.6c ($780m to $1014 MC)
Option 4): 30% SP rise from 18.6c to 24.2c to  ($780m to $1318 MC)
etc etc

I'm just trying to work out at which point you will think it will be "safest" to enter, and guarantee your 30% rise... surely lower the better, right?, or are you going to wait until the SP is 60c, to enter for a 90c exit?

Cheers

Risk