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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: pezz who wrote (26749)1/3/2003 10:43:14 AM
From: TobagoJack  Read Replies (1) of 74559
 
Good evening Pezz, Tonight's Report:
(a) Purchased two dollops of Newmont Mining at 29.26
(b) Shorted two dollops of NEM June Call Strike 30 at 3.40
(c) Shorted one dollop of NEM June Put Strike 30 at 4.00

Do I understand that your <<Profit aprox 18%-20%>> is pre-tax, as in your silent partner, Sam, will rake off 600 basis points to fund security operations for everyone's benefit? If so, good work, and thank you:0)

Chugs, Jay
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