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To: Lorne Larson who wrote (2492)1/22/2002 7:38:27 PM
From: Peter W. Panchyshyn  Read Replies (2) | Respond to of 11633
 
If you want to consider that a "loss" because of your infantile "realization/non-realization" theory

---------- It is not theory but fact. There is realized and unrealized. Revenue Canada uses it and validates it by using it. As you so kindly pointed out. -------------------

, be my guest. To demonstrate how ridiculous this is under your theory I can turn my 'loss" into a gain by simply picking up my phone and telling my broker to sell my PVE and AY.

-------- You can NEVER turn a realized loss into a gain. Sorry but you are stuck with it. It was you who had infered because PVE was up from where you bought it. Your previous lossses just magically disappear. And we should ignore them. Once realized they never disappear (unlike unrealized which can disappear when the prices recover) . That is why I tell joe average to look at each trade on its own just like revenue canada does. Then take all the trades and see if there are more gains or more losses. If the gains cover the losses or not. Then decide with the results if he (joe) wants to gamble with his hard earned money and maybe lose. As I said in a previous post to you. You maybe able to con him into trading and losing once maybe twice hell maybe three times. By saying his returns are sure to be much more the next time. Sooner or later he be able to tell hes losing. Adding up your realized gains and realized losses from your documented postings of the last 9 months shows clearly you have more losses. Its just the extent of those loses which is unclear. Though in the case of your one short of NCF ( when it went from $10.80 to $14.80 ) could be as high as 40%. As I said to another poster I am not concerned with the trade itself. Only to be able to point to joe average and say "look a REAL loss here" "Are you comfortable with and do you want that to happen to you" " Especially since Lorne is suppose to be a superior trader " " If that can happen to him what makes you (joe) think it wont happen to you , or worse" --------------

------------- I can see by your detailing of your todays short term trades and or shorts , that, that 3 month test of your superior return skills won't be happening. I expected as much. Its a whole lot easier to make the claim than it is to prove it , right, especially since your 9 month past test was so pathetic. Refrain from the outrageous claims and there will be no need for me to show them for what they are. ----------------

Absurd babblegaf.