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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (38136)9/12/2003 6:32:40 AM
From: TobagoJack  Read Replies (1) of 74559
 
Hello Pezz, Today’s Report:

Today is a public holiday. The wife did wake boarding in the morning and I read about what is supposedly happening in the world – the usual, wars, financial manias, debt alerts, political instabilities, currency chaos, and the inexorably relentless rise of the one money that rules over all cash.

Wife did car-driving lessons in the afternoon and I prepared for the BBQ tonight for 8 by (a) cleaning up my in-law’s yard, (b) fix up the grill, (c) purchase, collate and assemble the ingredients:

- Greek salad
- Baby squid, mushrooms, prawns, scallop, green pepper, and garlic on skewer
- Australian steak (marinated in mix of red wine, basil, garlic, olive oil)
- Wild rice cooked in green tea
- Wingoonawarra Carernet Shiraz Merlot (Australia) 1999
- Ninquen Carbernet Sauvignon (Chile) 2000
- Grosset Polish Hill Riesling (Australia) 2001
- Jim Barry Watervale Riesling (Australia) 2002
- Mango slices w/ ice cream

[EDIT: perhaps I should think about buying back some AUD?]

<<What ??? No mention of LUM this report ??..What hoppen ?bad day? It only go up 20% of your purchase price?>>

Oh, yes, and I did watch Lumacom uk.finance.yahoo.com do its usual, though at a more tepid pace, increasing in value by 77% of my original cost, now at 10.9 fold gain. I am understandably enthusiastic, because Lumacom is still a baby of a company, with most of its gains still in the future. Lum.ax is now 25% of the equity portion of my portfolio, of 5.25% of gross asset. I am not used to such concentration, but I am leaving it well alone, because I can deal with the ambiguity and not fuss with the danger, focusing on the glory that will still be, and the months and months of Pezz taunting :0)

Chugs, Jay
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