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He trades up, he trades down, he trades sideways.
Or he trades them.
And he trades constantly.
He trades commercial mortgage-backed securities.
He trades bread for lamb.
He trades United States and Latin American stocks.
Mostly, though, he trades cows and calves.
He trades adjustable rate mortgage bonds.
He is obsessed with trading, and he trades to win.
He trades photographs and stories with other parent runners.
Mr. Janowski lives in Boulder, Colo., where he trades independently.
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