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Date Joined: 20 Jun 05
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The Perfect Soccer Betting System

quick update

13 Jul 11 12:05
TheSnapper's Bank:         $1 497,39
TheSnapper's Start Bank:         $198,00
       
Mr. Kelly's Bank:         $3 241,99
Mr.Kelly's Start Bank:         $20,00
       
Longshot Larry's Bank:         $204,07
Longshot Larry's Start Bank:         $100,00
       
Shannon's Demon:         $1 752,25
initial investment:        $1 837,98
profit:         -$85,73
       
Total:         $4 539,72
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Thanks to the recent market decline, my investment fund is almost large enough to actually begin work. The way it works is that I have 50% invested in stocks and 50% invested in bonds. The stocks have declined in value thanks to those free-loving, free-lunching Greeks and other Mediterranean-types, the current awful state of government debt around the world, Europe in particular.

Anyway...my stocks have declined in value by almost 3%, and now make up only 49% of my funds. I will now convert bonds and buy more stocks as the prices continue to decline. The idea is that the markets will eventually recover and I will have bought lots of stock on the cheap. Shannon's demon tells me exactly WHAT to buy or sell, WHEN to do it and exactly HOW MUCH capital to use. I think it is just so cool...!

At the moment, the demon is telling me to sell some bonds and buy some more stocks...but since the fund is so small, I will have to wait to make even a minimum order!


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