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Yes, this is exactly right! For large eggs, I boil them for up to 18 minutes! The trick is to put the eggs in ALREADY boiling water, and move them to ICE COLD water at the end of the cooking time. Works like a charm, each and EVERY time. Even for eggs laid that day!
PS: It's also the quick cold water bath that keeps the yolks from getting that ugly green tinted outside edge.