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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (47032)	12/11/2005 10:02:01 AM
From: Douglas M. Benedict	Read Replies (1) of 110194

Yes the pain of a drop can be serious...but just try calling a top over and over and over again...in say something we are not currently emotional about..like Corn in 1995... futuresource.com Never go above 3.20, one would be led to believe... Everyone missed the point because Unclebigs glossed over it and IGNORED the critical comment..." profits were taken off the table, because only 50% of the win was added on the next bet" so, even though the last bet is large...profits are booked many times more than the last bet...it is not top heavy...and yes this can be done...but that is the trade secret... Back to corn...I disagree...the run up can be more painful because it is in disbelief...the eventual drop???...well everyone expected it...but just not from the 5000 NASDAQ level...did they??? (twisted that one train of thought for shock treatment) I'm enjoying this discussion more than the daily predictions...I apologize for diverting topics...

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