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  2. down 10 pct after 5-day drop; says more losses needed

  3. Excited to announce today with that Lex Energy III Fund raised $142.5MM, 61% from USA. Focus private cos & SK.

  4. Today I dropped again. 33.65$ (-1.92)

  5. On today w/ I'll make this point: market only oversupplied by 1%. Was 20% oversupplied in 80's crash.

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