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Strategies & Market Trends : Waiting for the big Kahuna

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To: ggersh who wrote (89861)	8/21/2009 4:57:49 PM
From: Real Man	Read Replies (1) of 94695

It's a fix and deleveraging. Suppose you have ratio of 40:1, and 1 is the base. You increase the base by a factor of 3, now you have 13:1 leverage. The only problem with that math is that cost of everything triples too. But it's above debt now. -g-

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