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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (37898)9/7/2003 11:36:29 PM
From: TobagoJack  Read Replies (1) of 74559
 
Hello Pezz, Today’s Report:
I traded out of 1/11th of my Lumacom uk.finance.yahoo.com at AUD 0.56/shr. These are not the shares I had gotten at AUD 0.065 Message 18336343 , but the shares I had added here Message 18478216 <<January 22nd, 2003>> at AUD 0.26/shr, thus netting 115% gain and still riding on the wallop of a position bought for AUD 0.065/shr.

I simply could not stand the day after night after day of gains piled on top of profit and cushioned by more gains. I am only human :0)

I fully intend to buy back this sold position should the share price chance to pull back 20%. If not, then the AUD troops will be rotated to another of the AUD-space nano-cap positions as reinforcements, and the Lumacom troops still at the frontlines will have to capture the AUD 10.00 position as best as they can.

Chugs, Jay
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