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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Haim R. Branisteanu who wrote (38143)9/11/2003 11:17:45 PM
From: TobagoJack  Read Replies (2) of 74559
 
Hello Haim, I feel comfortable with NEM, now at 2.95% of my gross asset, as compared to my largest equity position Lumacom of Australia at 4.76%, will at some point be built into my largest position, but by slow zig and zagging, selling puts, buying shares, selling calls ... lowering the cost basis at each expiration.

Let me rephrase that. "I feel more comfortable with NEM and its management than I do with the USD and its mis-management".

FYI, my 3rd largest position is Vermillion of Canada, at 0.93%, followed by Impala Platinum, at 0.86%.

Chugs, Jay
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