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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (35336)6/24/2003 8:32:42 PM
From: TobagoJack  Read Replies (2) of 74559
 
Hello Pezz, Last Night’s Report: It was a story of escape, as in ‘get-away’, or getting out while the getting is still good:

I sold:

(a) These Argentina CRESY and IRS trades Message 18502928 <<January 28th, 2003>> at USD 9.51 and USD 9.40 respectively, claiming 38% and 56% gain respectively;

(b) These Grupo Financiero Galicia @ USD 4.60, Metrogas (MGS)@ USD 3.80, and Transportadora Degas (TGS) @ 3.43 Message 18892762 <<April 28th, 2003>> earning 53%, 16%, and 30% respectively;

(c) These Harmony Message 18897343 <<April 30th, 2003>> that was putted to me by some jumping-the-gun eager holder at USD 13.67, recognizing 9% profit;

(d) These Mirant Message 18895990 <<April 30th, 2003>> at 2.55, admitting to a loss of 26%;

I did not say goodbye to Argentina. I still have CRESY and IRS bought here Message 18054382 <<September 30th, 2002>>, accounting for approximated 10-15% of peak holdings before above noted sales.

I still have MIR bought here Message 18895990 <<Apr 29, 2003>>, accounting for about a third of peak holdings.

Chugs, Jay
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