Quote from frank grimes:
Not a rant bud, just answer the question, why would a self proclaimed genius be sitting on huge losses, if you know how everything works, you should have seen last year quite easily, now answer the question....
I don't have 50% losses. Only one of my positions is down 50% from when I went long. The overall account isn't.
6-Jan-09 8,954.57 9,175.19 8,868.07 9,015.10 5,392,620,000 9,015.10
5-Jan-09 9,027.13 9,093.47 8,841.70 8,952.89 5,413,910,000 8,952.89
2-Jan-09 8,772.25 9,080.57 8,725.10 9,034.69 4,048,270,000 9,034.69
31-Dec-08 8,666.48 8,862.65 8,634.06 8,776.39 4,172,940,000 8,776.39
30-Dec-08 8,487.51 8,700.89 8,463.70 8,668.39 3,627,800,000 8,668.39
29-Dec-08 8,515.87 8,575.60 8,349.24 8,483.93 3,323,430,000 8,483.93
26-Dec-08 8,468.71 8,581.58 8,434.94 8,515.55 1,880,050,000 8,515.55
24-Dec-08 8,428.17 8,498.26 8,417.02 8,468.48 1,546,550,000 8,468.48
we had a huge rally since December 23rd. A small pullback was due.