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Posts | 30111 |
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Alias Born | 08/29/2006 |
Thursday, February 24, 2011 1:00:08 PM
FAS: +.02 cents per share total for the day minus commissions
FAZ: -.06 cents per share for the day plus commissions.
If he was using the same dollar amount per trade, his losses were probably on the order of about a 1/3 to 1/2 percent since FAZ is a much cheaper ETF (about four times cheaper). How he thinks he can get away with the false claim that the system was up is beyond me.
Maybe he thinks his followers are too dumb to use a calculator and figure it out for themselves. before they give that scamster another couple of thousand dollars for a money losing proposition.
We are apt to shut our eyes against a painful truth... For my part, I am willing to know the whole truth; to know the worst; and to provide for it. --Patrick Henry, Patriot and Hero of the American Revolution
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