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Re: rvz1020 post# 12545

Wednesday, 08/09/2006 4:43:17 PM

Wednesday, August 09, 2006 4:43:17 PM

Post# of 84455
You need to look at this from VLF's perspective. He sold yesterday at I'm guessing the 008-01 range. He has told everyone when the prs were coming and he knew there would be a run up followed by a correction which is exactly what happened. I'm betting he did alot of buying today in the 005-006 range. He may have the same amount of shares now as before but he also has a nice chunk of cash in his account.

11 mil @ 008= $88,000
11 mil @ 006= $66,000

Profit $22,000 He probably did better than these prices but no matter, $22,000 for all the DD he has done is what the successful traders do. And that is why you sell off your position even when you know it will go much higher. Quit bashing him and learn how to play the game. JMO
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