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Skunkdoc

10/01/10 4:30 PM

#157030 RE: Ron456785 #157029

Ron, while I agree with you 100%, it is pointless to expect anything from the majority of peeps that follow these and the Den blindly. Folks like me, who bought and have held for over a year without flipping any, well we are turning out to be the real idiots. I am still holding here, and I believe in the concept, but I am now on the outside looking in and don't like the way the wind is blowing.

They are always going to sell and run to whatever the pied piper calls, while folks like us pay the price.
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Klospin

10/01/10 4:50 PM

#157036 RE: Ron456785 #157029

this is my one "flip" in and out. I been here from March. bought in at like .38 and .41ish. Coulda sold when I saw the bottom giving out around .72. Held through all the way to .09. did not sell a single share.

The whole "concept" behind FLD is two fold:

1. Flip ETF's to get money
2. Add to your FLD pile.

As I've stated, I trade in an IRA. I can't day trade. so instead i've taken this one opportunity to get free money from a dividend.
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advokid

10/04/10 9:46 AM

#157077 RE: Ron456785 #157029

This is just an excellent explanation of our role as Denners. Hold and wait for the squeeze. You can buy but not sell. Remember the phalanx pic.