Re: Jim and John are pissing me off!
posted on
Nov 08, 2008 07:52PM
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"Then why is my manged account with you deflated by 75%!
Now I need a 300% increase to breakeven. Jim, what are the chances of that happening?? So Jim, you are correct about the strict definition of inflation. What you did not have a clue about was the OUTCOME of your supposed inflation." you're only off by 75%? i'm very envious... the funniest thing about all this (and its actually tragic, but so tragic that its kind of funny) is that i managed to load up on everything literally 2 weeks before it all came crashing down. i feel like charlie brown or something. not to get into details or anything, but if i had held off for just 2 more weeks, i probably would have saved myself somewhere in the neighborhood of 500k. throw in the shorts i would have put on with the money i otherwise lost, i probably would be UP about 500k (leveraged etfs rule...) that's a net difference of 1 million. tragedy i say.