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Post by cosmic on Aug 31, 2010 7:32:46 GMT -5
I still am appalled by what I'm seeing here.
I mean statistically, does this make sense that 10% made money, and of the 90% that lost money, 20 of 30, or 67%, had losses of 10% or more, far far outweighing any gain of the 3.
C'mon, we did this in June - The Top was in for April.
There's something going on here. It's not fundamentals, it's not improper valuations. Surely in some of these cases, yes that may be true... but statistically?
What is the worst? Even if you hedged with a bear ETF, you were screwed - look at DRV and EDZ, did as bad as TNA.
I really don't think the power elite care anymore. They got their gold crappers.
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Post by brosin on Sept 1, 2010 8:10:56 GMT -5
And nobody likes ole CLF here
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Post by brosin on Sept 1, 2010 15:12:30 GMT -5
Contest #2 positions don't seem to be aging gracefully. The most interesting thing about this is that TNA is down 24% but TZA is only up 11% That's upwards of 13% decay in less than 3 months.
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Post by brosin on Sept 2, 2010 22:35:49 GMT -5
I didn't click the link until now, but wow CZM is up 26% and CLF is up 20%?! FAS/TNA have done horribly over this timeframe.
CLF was a steal at $45 and $50, I wish I had added to it. Plus I decided on Nov RIG calls over Dec CLF calls a few months ago. What a bonehead decision that was.
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