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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Ken Adams who wrote (72951)10/7/2006 5:52:22 PM
From: tom pope   of 206266
 
Well, with illiquids you get caught both ways - you may have to buy at the ask, and on the way out you probably have no choice but the best available bid. I've learned over the years that when one wants out it's best to sell at the bid and move on rather than trying to get cute and slipping the trade between the bid/ask.
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