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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (78683)1/17/2008 6:20:38 PM
From: John Carson  Read Replies (2) of 94695
 
GZ, a few weeks ago my brother lost $1.2 million in a few days playing the market, he had a $5.3 million trade on, 150,000 shares short of one stock and 50,000 short of another, spent a day helping him to liquidate it. He had the same tone in his voice before it happened. I wish you the best in your trade. BTW, I do understand what you are doing, it is not rocket science. You are the best trader I know of on the internet but I have never seen you trade as aggressively as this. You must really sense something in the market right now, major turning point of some kind. I do not see it yet with VIX at 28.5, but you may very well be right if you can hold out a few more weeks or months. IBM up 5 right now in AH so maybe your rally starts tomorrow. Who knows.
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