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TravelerOfSorts
sober pro


Registered: 06/29/11
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I forsee old tech companies like activision-blizzard maybe taking RPG to a whole new level in a decade so as almost a decade of wow approaches to me buying their stock is in the cards. i thought or chaneled yoda wisdom when reviewing this post and thought of something: Changes that i want to see probably will only come to the way i want to see them if i make them. or get them off the ground. anyway heres what i ahve to say about activision blizzard
ask the hard core people that arent playing its because they cater to the players to much and subject their fans to little variations. on the same thread I want to add believing that game developers do which is play other games: they see what works on a big scale so i would say that big game makers are going to make the " out of close minded shift into hyper space " ( mckenna listener and reader.) i know this might seem off topic but to add flare into a long winded description packed with pixels of my experience, my friend guildwars 2 didnt please its guildwars one fans but they played it anyway. elder scrolls online is not the elder scrolls feeling game its a online feeling game which is the general consensus. I guess/forecast big company might bee buzzing into new "generation" of experience before little company but little company will do it better. In my own head I would call that which I'm describing a niche. Niches what can be said about those.
-------------------- a soul of solitude but a master of ecstacy in waiting for my rebirth cycle i have hopes that when mushrooms find me it will occur then and i can go about the world as a medicine man walking staff in one hand spaceship in the other a journeyman of nature soon to be stepping up to novice hopefully i will have time to become an expert, and i believe only in death will i become a master
Edited by TravelerOfSorts (05/27/15 09:10 PM)
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memes
Blessed



Registered: 01/11/05
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interesting and accurate note about blizzard; they really are the standard bearer in the gaming industry, and i think that kind of fan devotion and respect is hard to price into an equity.
the one thing i'll caution you on is your timeline. just because it's been 10yrs sine wow doesn't mean they're not another 10 years away. They've always been known to sustain development until the product is right - that's why they're so good, and that's why they have the following they do.
blizzard
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Bambi
Friendly Forrest Animal




Registered: 03/22/09
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Re: Stock Update for May 20, 2015 [Re: memes]
#21731504 - 05/28/15 07:41 AM (8 years, 7 months ago) |
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Be careful with Blizzard, their last few games were not as big of fan successes as some of their others.
SC2 is underwhelmingly played and a lot of people dislike it compared to sc1. And diablo 3 was a pretty large disappointment to the fans of diablo 2, but the newer generation of gamers do seem to like it. Dunno how their other stuff is fairing, but this is the sentiment I've seen in these two communities.
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"I want to read, talk with my friends via the computer, and enjoy my life now that people know I'm not dead. " -Rom Houben
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shr
all hail discordia



Registered: 08/12/10
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any thoughts on Bitcoin? It's gained some pretty significant traction in the past 12 months
http://money.cnn.com/2015/05/11/technology/nasdaq-bitcoin-technology/index.html
Edited by shr (05/28/15 08:49 AM)
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geokills
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Registered: 05/08/01
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Re: Stock Update for May 20, 2015 [Re: memes]
#21731946 - 05/28/15 10:09 AM (8 years, 7 months ago) |
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Quote:
memes said: did you have any formal education here? Internship or job in finance? Or did you simply read a book or two, pay attention for decades, and built your knowledge base and technical toolbox as time (and experience) progressed?
The later. I dropped out of college after my third year, where I was loosely studying psychology and business administration (but truly did not have much focus), and went on to open up an online retail business that ran for four years, at which time my supplier declared bankruptcy and I decided it was time to try something else. Just happened to cross over the channels on the TV to see the mad man Jim Cramer hootin' and hollerin' about how if you are willing to put just a little bit of time in, stocks could make you a lot of money. I was intrigued, and farted around in a generally strong market for a few years, which made me feel smart, until the crash in 2008 that obliterated any profits I had made up to that point, and then some. Read a few books, but mostly just learned through experience as well as the teachings of Dan Fitzpatrick at StockMarketMentor.com. I can't speak highly enough about how his daily video service and forum helped hone my attention toward the things that are worth paying attention to in order to recognize when high probability scenarios predicate action, and when it's best to wait and observe.
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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memes
Blessed



Registered: 01/11/05
Posts: 27,785
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Re: Stock Update for May 20, 2015 [Re: geokills]
#21733549 - 05/28/15 05:45 PM (8 years, 7 months ago) |
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DJT down another ~1% today.
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TravelerOfSorts
sober pro


Registered: 06/29/11
Posts: 492
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Re: Stock Update for May 20, 2015 [Re: geokills]
#21737256 - 05/29/15 03:10 PM (8 years, 7 months ago) |
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Quote:
geokills said:
TDAmeritrade's Think or Swim platform.
I don't know anything about the industry specifically, but CMI has been in such a long base, that if starts to close above $144.50, I would be interested in buying it.
Two things should I use think or swim? Looks good just banking through RBC though.
144.50 because headwind? CMI down 2.5% today where ATVI went down 2% as well. I want to continue learning from the source and my surroundings whats relevant to me i really want to buy greece like got 500$ woulda 500$ greece investment equal 0$ upon default? excuse spelling errors im not capitolizing G in greece and i mean the country Grease seems like a whole nuther thing.
-------------------- a soul of solitude but a master of ecstacy in waiting for my rebirth cycle i have hopes that when mushrooms find me it will occur then and i can go about the world as a medicine man walking staff in one hand spaceship in the other a journeyman of nature soon to be stepping up to novice hopefully i will have time to become an expert, and i believe only in death will i become a master
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geokills
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Registered: 05/08/01
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Quote:
TravelerOfSorts said: 144.50 because headwind? CMI down 2.5% today where ATVI went down 2% as well.
I chose $144.50 as a key level because, as evidenced in the graph below, CMI has been in a narrowing symmetrical triangle pattern, allowing all of its key moving averages to consolidate around the $140 price level. A close above $144.50 would indicate that volatility is expanding to the upside as CMI breaks out of the symmetrical triangle and launches off of all of its key moving averages. The high volume selloff on Friday brought the stock right down to the bottom of its range, where one would expect to find support. If the stock shows signs of bouncing at this level on Monday, this would provide for an appropriate entry on a position, although given that the aggregate market is still at resistance, and transports specifically are breaking down, I would probably stay away from CMI until it begins to break out to the upside. At this stage, the stock is simply not trending and the market in aggregate is just churning around, which is a good recipe for getting shaken out of your position and losing some money.
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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geokills
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Registered: 05/08/01
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Re: Stock Update for May 20, 2015 [Re: geokills]
#21747958 - 06/01/15 11:02 AM (8 years, 7 months ago) |
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Incidentally, since I had CMI on my screen, I'm noticing signs of a tepid bounce here at the bottom of its symmetrical triangle, so I decided to enter a position via December $135 calls. If CMI falls below today's intraday low of $134.63, the position will be stopped out. Frankly, it's not the best setup, but it's far from the worst and with the transports due for a little snap back "relief" rally, I think this one could revert to the mean. Until this stock moves above $144, I'm only interested in short term moves, and I'll look to take some profits on this position above $138, and close out the rest if the stock makes its way back to the top of the triangle at around $140-$142.
I also added some July $60 calls on CYBR, since it tagged its 50 day moving average today after having consolidated in a sideways range for the last three and half months. The sector is strong, and this stock has been consolidating near its all time high, creating a high base from which to begin its next move higher. I'm not necessarily saying that will happen, as there are surely no signs of a breakout being imminent today, but with the stock in a very tight range right at its 50 day moving average, I am buying right at support and have set my stop just below today's low, thereby managing my risk while allowing me to participate if there is a continuation of the uptrend. Noting that these are July calls that expire soon (and thus their time value will begin to decay quickly), I will need to roll out to a later expiration if I want to stay in the position for longer than a couple of weeks.
EDIT @ Close: My stop levels were not hit on these, but I wouldn't be surprised to see them hit tomorrow. I'll be the first to admit that I was suffering from a case of the "can't help its" - because truthfully, although there is reason for the aforementioned trades, the reasons aren't very compelling given how the stocks settled into the close.
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
Edited by geokills (06/01/15 02:09 PM)
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memes
Blessed



Registered: 01/11/05
Posts: 27,785
Loc: In a Tree
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Re: Stock Update for May 20, 2015 [Re: geokills]
#21750040 - 06/01/15 07:28 PM (8 years, 7 months ago) |
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sittin here in limbo...
until friday's greece deadline & jobs numbers
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TravelerOfSorts
sober pro


Registered: 06/29/11
Posts: 492
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Re: Stock Update for May 20, 2015 [Re: memes]
#21753208 - 06/02/15 03:03 PM (8 years, 7 months ago) |
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I got Canadian income going to american market and anyway i'm considering reforming my protfolio with currently 90+% of my savings in funds, instead into my local government projects possibly I want to find basically a group of guys that are putting out little invention's or contraptions as engineers.. Because I think for example these little contraptions can mean big movement in small companies example being : formula one engines they just had to rebuild engines and may be faced with new engine building paradime. I really wish i could get something going with my shroomeez. because ideally i would get an hour into contributing research into a topic we would invest together and i could be confident on returns moving foreward, i would be able to augment to maybe being that group of guys and contriving ideas for market and betterment of man.
-------------------- a soul of solitude but a master of ecstacy in waiting for my rebirth cycle i have hopes that when mushrooms find me it will occur then and i can go about the world as a medicine man walking staff in one hand spaceship in the other a journeyman of nature soon to be stepping up to novice hopefully i will have time to become an expert, and i believe only in death will i become a master
Edited by TravelerOfSorts (06/06/15 09:16 PM)
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memes
Blessed



Registered: 01/11/05
Posts: 27,785
Loc: In a Tree
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DJT down another 1.7% so far today
Greece getting increasingly petty US Economy tilting towards more "better" and less "'meh" data metrics China slowing
The divergence continues
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Bambi
Friendly Forrest Animal




Registered: 03/22/09
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Re: Stock Update for May 20, 2015 [Re: memes]
#21778589 - 06/08/15 12:36 PM (8 years, 7 months ago) |
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Despite the down day I'm not doing too bad. Picked up some LIOX this morning and it the best performer in my portfolio. Chart. Now that its broken out of the $5.00 range its next major resistance I imagine to be $6.40 (also about the high so far today) and then some room until $7.50. I believe today it has made a new 52 week high which is always nice to see.
Another stock I'd watch is TSL. I see a bit of consolidation tomorrow possibly and then a move either to $13 and above or a move much lower sometime this week
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"I want to read, talk with my friends via the computer, and enjoy my life now that people know I'm not dead. " -Rom Houben
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TravelerOfSorts
sober pro


Registered: 06/29/11
Posts: 492
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Re: Stock Update for May 20, 2015 [Re: Bambi]
#21779051 - 06/08/15 02:37 PM (8 years, 7 months ago) |
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I have a question now I have acquired fer-me decent amount of stock at decent prices can I use dollar value to gain capital on trades? i am Canadian buying US D stock i like blizzard ATVI and cummins but if i could find a good engineering firm in Canada or better yet Ontario i would like to buy. whats best case scenario to make money on foreign currency and stock I shouldnt ahve drank that pop cant visualize.
-------------------- a soul of solitude but a master of ecstacy in waiting for my rebirth cycle i have hopes that when mushrooms find me it will occur then and i can go about the world as a medicine man walking staff in one hand spaceship in the other a journeyman of nature soon to be stepping up to novice hopefully i will have time to become an expert, and i believe only in death will i become a master
Edited by TravelerOfSorts (06/08/15 02:46 PM)
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geokills
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Registered: 05/08/01
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Stock Update for June 9, 2015 [Re: geokills]
#21782864 - 06/09/15 11:37 AM (8 years, 7 months ago) |
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So much sideways chop, with major indices flirting with a breakdown of their 50 day moving averages, this continues to be a tough market to trade. My quick stab at CMI noted in my last post was stopped out for a small loss. CYBR on the other hand turned out to be a thing of beauty, sold my calls yesterday for a better-than-double, then initiated a covered call position by buying common stock and selling a $70 call that expires next week for $3.20. Today, I bought back that $3.20 call for $1.25, and am letting the common stock run. I also picked up some additional October $65 calls on the CYBR, since the high volume breakout over the last two days is playing out in textbook fashion, with a lower volume pullback to test the breakout level today. This is one of my favorite trade setups by far, and the company itself is in a great industry (cyber security), which is getting a lot of play due to all the high profile hacking/information attacks that have been taking place, and will likely continue to take place.

The S&P and Nasdaq appear to be bouncing today (quick selloff in the morning that has since broken to intra-day highs), and thus I am thinking it is time to take a stab at some long positions. I don't expect the bounce here to be long lived, so I am mostly playing close to the vest by loading up on weekly AAPL $128 options that I bought in several batches today for between $0.60 - $0.75 per contract. They expire Friday, but are already up some 40%, and given that the major averages are showing long tails today (a good indicator of a bounce after a short-term downtrend), I think AAPL will be able to hit at least $130 at some point before Friday, at which point I'll be unloading most of these contracts for handsome gain. Then again, this could just be a bull trap sucking me in, only to disappoint me with a continuation of the breakdown as the S&P falls to test its 200 day moving average, still some 40 points lower.
With all the chatter about interest rates breaking out into a higher range, the banking sector is starting to perk up, and I am long a whole bunch of August $17 calls on BAC.
Other stocks that continue to work in my portfolio include GPRO, GDDY and VDSI. To a lesser extent, FB, SUNE and TTPH are still hanging in there but haven't really moved one way or another. Sure wish I had stayed long GILD, as that one is still performing very well but I sold too early. And my biggest fuckup in quite some time was holding onto MDVN over the past two weeks, as it broke decisively below its 50 day moving average. I am almost tempted to throw in the towel now, but the calls I own don't expire until January and the stock is testing its 200 day moving average now. It's not atypical to have a knee-jerk reaction to just give up and sell, which is often right about the time a stock turns around. Still, there are no excuses for holding MDVN through the latest fall, it broke out of its primary uptrend on high volume last week and I plain missed it. Now I'm paying the price. They have one primary drug (XTANDI) that has been doing great for castration-resistant prostate cancer, turning them from a company nearly about to go out of business into a multi-billion dollar company. They're testing xtandi on other cancers, and results for a certain type of breast cancer were released recently, and although they showed efficacy, there is a concern that the profit potential for the breast cancer market is limited, due to the limited patient population and limited duration for use of the drug in this particular type of breast cancer. Thus, institutions are opting to sell on the news, despite the news initially appearing positive. If the stock begins to close below its 200 day moving average for more than a day or two, I'll finally ditch this witch. She made me good money over the past couple of years, but unfortunately, she's been taking a lot of those profits away this last week.
To recap, I think the market is due for a short-term bounce right here, and today would be the day to start accumulating to the long side... but (and this is a big but), what appeared to be constructive a couple of weeks ago has faded away, we are still in consolidation and I am not expecting any sort of imminent breakout, only a continuation of this tight sideways consolidation, whereby fewer individual stocks are working and we continue to churn around as if in a blender. Don't get chopped up! Nothing wrong with sitting this type of action out. (I'm writing that to help remind myself too, as I have a tendency to overtrade when the market really isn't presenting any high probability opportunities).
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
Edited by geokills (06/09/15 11:54 AM)
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memes
Blessed



Registered: 01/11/05
Posts: 27,785
Loc: In a Tree
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Re: Stock Update for June 9, 2015 [Re: geokills]
#21783494 - 06/09/15 02:29 PM (8 years, 7 months ago) |
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yeah, DJIA 6mo chart looked like we finally broke out of that most recent narrowing consolidation, but then the breakout turned into a head & shoulders, and we'll see where we go from here~
it's such an interesting time for the world. all normalcy went byebye in 2007.
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TravelerOfSorts
sober pro


Registered: 06/29/11
Posts: 492
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Re: Stock Update for June 9, 2015 [Re: memes]
#21784747 - 06/09/15 06:51 PM (8 years, 7 months ago) |
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how is it possible for you to make all these trades do you pay 10$ for each one?
-------------------- a soul of solitude but a master of ecstacy in waiting for my rebirth cycle i have hopes that when mushrooms find me it will occur then and i can go about the world as a medicine man walking staff in one hand spaceship in the other a journeyman of nature soon to be stepping up to novice hopefully i will have time to become an expert, and i believe only in death will i become a master
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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
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My commissions are $7/trade (+$0.75/options contract) through TDAmeritrade. I believe Interactive Brokers is the cheapest of the online brokers, I think it works out to a buck a trade, but their platform isn't nearly as suave and powerful as TDA's.
If a $10 commission is going to make or break your ability to trade, you might think twice about trading and instead park your money into longer term diversified or a basket of sector based ETF's, until you have, say $5,000-$10,000 available to invest.
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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TravelerOfSorts
sober pro


Registered: 06/29/11
Posts: 492
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Re: Stock Update for June 9, 2015 [Re: geokills]
#21785122 - 06/09/15 07:41 PM (8 years, 7 months ago) |
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well i have that but im only screwing around with 1k. my goal is to make the commisions back. but when its 10$ in 10$ out like im not the one winning on my 1k playing around. maybe i should think deeper on the thought of using my full breath of flow for placing bids.
I am looking for lows/ impending stock rise? Is there signs im looking for I just got think or swim and TD is right across the road form where i work so i looked over there and pondered swapping from royal to TD because of memes and geokills using Think or swim I went back to page 96 and found a thread where it was geokills offering what % holdings and gains he had and how GK wanted knowledge. That time was pre 2008 & GKills had some stocks that went bigger.
-------------------- a soul of solitude but a master of ecstacy in waiting for my rebirth cycle i have hopes that when mushrooms find me it will occur then and i can go about the world as a medicine man walking staff in one hand spaceship in the other a journeyman of nature soon to be stepping up to novice hopefully i will have time to become an expert, and i believe only in death will i become a master
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TravelerOfSorts
sober pro


Registered: 06/29/11
Posts: 492
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geo why did you sell cummins at a loss cant u ask for a higher price? their was one day recently they reached 143$ at one point in the day is it possible to get in on that like i could ask 143 and they might sell for that when stock reaches heights then someone buys at that?
-------------------- a soul of solitude but a master of ecstacy in waiting for my rebirth cycle i have hopes that when mushrooms find me it will occur then and i can go about the world as a medicine man walking staff in one hand spaceship in the other a journeyman of nature soon to be stepping up to novice hopefully i will have time to become an expert, and i believe only in death will i become a master
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