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Frac or not to Frac...


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#1 espresso

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Posted 14 August 2007 - 03:25 PM

I understand when market does like this emotions run highs and some simple espression can upset some people. But really i like a bit of emotions going on on chat board, as long you understand where they come from and the value you have to attribute to them. When you have great people you have great emotions! When you know what market is doing and you have it under control, all is fine! Maybe is my latin soul, i like passion! Anyway I've start buying from this close but i'll keep very large margins for tomorrow...! :)
Spesi FF

#2 SandStorm

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Posted 14 August 2007 - 04:50 PM

Well, I keep things simple and draw lines on major averages that equal to 10% off from their highs. That's when I will even consider buying. And there will be no hurry because a v-bottom is not a very likely scenario for this type of plunge.