hello pezz, today's report:
(i) i am joyously anticipating to be reunited with the gold which i so heartlessly disposed of earlier Message 26582815 on june 1st, so few weeks ago ...
<<... just unloaded 100% of paper gold @ hkd 11,350/tael earlier bought on margin 2010-05-26 Message 26565492 at hkd 11,199/tael so as to sleep better, and
acceptably rewarding.
... also just unloaded 50% of all owned/free-clear paper gold at same hkd 11,350 which were bought 2010-05-24 Message 26560053 at hkd 11,064, thus reducing overall physical+paper gold position by about 25%>>
if the earlier 1-3% gains were worth taking off the table, the just avoided 5% (discount from june 1st selling price) is worth even more to have dodged.
... and i am now almost ready to do as promised, even if not yet, just so,
<<should gold crater, am now psychologically better disposed to wade in with leverage
should gold ramp, can be easily convinced to offload and fight another day>>
i now believe i am more likely to buy than to sell, because i am reminded that we are supposed to buy cheaper and sell dearer.
(ii) with another little one soon to dawn, i am understandably nervous about additional responsibilities, further obligations, and general increases in expenses.
(ii a) i must try to earn more by being more astute, as opposed to devoting still more hours to work because i am going flat out as it now is.
(ii b) i also must try to save more ... from the mama of all heretofore nasty bear markets ... by being more agile.
(iii) thankfully there is much initiatives to start and do that would be in alignment with imperatives, and now that i have decided to surrender to the new sovereign that be apple and all its products, i am looking forward to simpler and more effective intelligence-computation-communication technology to aid efforts to extract sustenance from the market place.
once i have become familiar with the soon-to-arrive specially-ordered geewhizbangohwhoawee-specified apple mac book pro, i aim to replace desktops with imacs of the highest calibre. i would execute the more involved technology replacement / know-how renewal cycle in the summer of 2011, a year hence.
(iv) my in-laws just offered and my wife accepted same, that we would trade our smaller (1500 sft) full ocean view abode with the in-laws' larger (3600 sft) and garden complemented home that is across the street from us, so that the two grandchildren can scamper around while their all providing dada can extract from the market arena undisturbed.
we will spec the major renovation as i would a computer, start work in the summer of 2011 and move in before september of 2011.
a passing comment, that i truly appreciate asian family values even as i conditionally take advantage of american crony capitalism, both apparently considered to be in alignment with god's work by somebodies ;0)
cheers, tj |
