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To: Welike ike
One more thing. One VERY good way to profit consistently from trading is to wait for the emotional types to overbid/underbid a mkt, then fade them.

As regards Bush 2004, both RightWingProfessor and I did exactly that when the bogus exit polls came out in the afternoon, and reaped a **VERY** tasty profit. I only have the low for that mkt as 23 bid @ 24.2 at 2:34 pm central time, but if you say 18, perhaps so.

RWP stayed for the trip and made a good deal more profit than I almost surely, cashing out his possy @100; I took profits that night starting when GWB hit 65 bid, ending at 77.4 bid. Don't know where RWP got in, somewhere in the 30s I imagine. My avg purchase on 160 lots was 34.03 and a fraction, done on 6 separate orders, with a 50-lot at 29.6.

And, if you look it up right here on FR -- assuming only that the threads go back that far, or JimRob can dig them up on request -- you'll be able to see all the commentary in ''real time past''.

32 posted on 08/04/2006 7:29:26 PM PDT by SAJ (Suggested buying Dec EC, JY, AD straddles -- too late now. Maybe after FOMC meets.)
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To: SAJ

SAJ; remind me never to pick a fight with you. :)


33 posted on 08/04/2006 7:58:11 PM PDT by StJacques (Liberty is always unfinished business)
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To: SAJ

As a Tradesports player, do you have any predictions on what's going to happen with this Internet Gambling Ban that Big Brother is trying to pass? A) Will it pass the Senate, B) Will it explicitly prevent us from using Tradesports or C) if not an explicit ban will it scare off so many U.S. players that they go belly-up?


36 posted on 08/04/2006 11:20:18 PM PDT by rhinohunter
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To: SAJ
SAJ, one minute you seem levelheaded and intelligent explaining the Bogus Exit polls at Tradepsorts, the next you ripping me about Obrador. What Gives?
41 posted on 08/05/2006 8:22:36 AM PDT by Welike ike
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