Hello Pezz, After Lunch Report:
The entire population of my 27 HK/China shares on Watch List are gushing crimson today, indicating losses of between 1-7%. The fear of SARS is genuine in the market place finance.yahoo.com^HSI&t=3m , and the panic is sincere on the stock exchange. We will see more more genuine sincere emotions in the financial assets in the short term future.
I expect more of the same leading into October. I am fortunate in that I had expected this as of Message 19221008 <<August 18th, 2003>> when I sold all of my HK/China shares.
By the time my wines arrive Message 19288518 , it should be time to start reviewing the Watch List achamchen.com and spot opportunities for quick gains and certain profit.
Crisis, timed like clockwork, and volatility, cycled like the tide, are certainly making it seemingly easy to gain and to not lose.
It should soon be time for a Nasdaq dunking and Dow washout, in time for the Christmas ramp.
Depending on the timing of the US Stock Exchanges dunking and washout, the wave of panic could reinforce the wave of fear in the HK Stock Exchange, possibly triggering natural rhythmic frequency induced collapse.
Speaking of cycles, I am hoping for gold at 388/oz so I can start selling some more paper gold, as well as writing more NEM covered calls.
On another matter, LUM.AX Subject 53628 closed at AUD 0.65 uk.finance.yahoo.com , precisely 10x my purchase cost, as in a ten-bagger.
Alas, any reckoning on LUM.AX must also take into account an addition 14% gain on the currency when translated back to USD :0)
Chugs, Jay |
