Thanks snoopy for your wise words.
My mistake of course was in hindsight-I am happy that I made the right decision to reduce risk.
Youngest son-who has a margin lending account like me-needed money so rather than using bank of mum and dad I suggested he sold 1/2 of his contact-in the $7 dollar range .Still a good decision and he will learn to be happy to take gains just as I am
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