Hello Pezz, Today’s Report:
In the middle of working out the preliminary details of an oil sourcing deal, I unloaded all of my precious Australian iron ore company Aztec Resources uk.finance.yahoo.com at AUD 0.10, capturing a gain of 25% over 25 trading sessions of patient holding period Message 19255859 <<August 29th, 2003>>, in the style of the sharp-shooter in that movie “Enemies at the Gate”, waiting, scanning, aiming, holding breadth, steadying the trigger finger, and …
In any case, 1% per day is not too shabby.
I may or may not buy Aztec back, depending on whether it zooms upward towards AUD 0.16 or tumbles back down to AUD 0.08. It can easily do either deed, for no apparent reason, and then, as quickly, reverse itself. This computer-based gaming is, by its nature, in some sense, safer than speculating in the likes of Intel and Oracle.
In the meantime, I sling the sniper-scoped rifle on my back and wander off for a rest, before the intensity that may happen in the US market :0)
Chugs, Jay |
