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The bailout exit comes to mind. It doesn't eliminate loosing however and stocks do go to zero. The concept of a betting table with no limit? At some point one would be risking a 100k to make a buck. It seems even with bailout one must have an 'uncle' point. Perhaps reversing a position...

Greetings Mr. Vince... I read your books way back when the CME library was open to the public.. Your quote above begs a follow-up... Scale Trading, Geometric adding to positions, Options spreads, Grail :confused: Thanks, Lakeside

Thats my understanding, and my goal for dealing with this at all. To build up a self directed 401k in which to trade and attain uninhibited compound growth.

Carter was a total buffoon. I dont see your point.

From the quiet and calm, it is easier to discern patterns of order within a maelstrom.

Anything but...

George is a genius and a nobleman. He assumed the job during perhaps the most difficult period of our lifespan and was dealt incredibly difficult challenges almost from day one. He faced them head on and with the wisdom of ages. What more could we hope for. I fear Obama as commander in...