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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (28812)2/20/2003 8:26:07 PM
From: TobagoJack  Read Replies (2) of 74559
 
Hello Pezz, Pre-Open Morning Report:

(a) Heard the horrific trade imbalance number, glanced at the terrible inflation number;

(b) Read that the Germans may pull peace-keeping troops out of Afghanistan given heightened hostility from locals;

(c) Was told that HK folks expect war to be delayed beyond March (I believe HK folks know nothing of wars and their hows, especially timing, even as I know less);

(d) Transmuted more 0% yielding HKD into similar yielding paper gold money, thus raising physical/paper precious metal allocation to 19.96% of gross asset from 16.4% as tallied yesterday; and

(e) Converted more HKD to CAD, raising CAD allocation to 6.50% from 4.96% as tallied yesterday.

Feeling calmer now, for the moment. Feeling like a financial refugee. No place to run, and no place to hide.

Chugs, Jay
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