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Unread 10-03-2007, 10:50 AM   #23 (permalink)
f3lix
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UB, we got out of the crunch for the time being. I am happy with that. There is no reason for every $100 bet to increase to $500. I bet the $100 because if the market finishes above 14k, then I won't notice the $100 gone. If it finishes below that, I'll have hedged it for $100. I was just pointing out that Michael was playing Monday morning QB and when we made the bet, it was a very tense time in the market with signs looking towards a possible mass sell off.
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