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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (40488)10/30/2003 10:52:20 AM
From: TobagoJack  Read Replies (3) of 74559
 
Hello Pezz, Tonight's Report:

I bought back shorted NEM March Put 40 at 1.90/shr, recognizing 2.00/shr of undeserved profit for 9 days of trouble Message 19419437 <<October 21st, 2003 ...
I shorted a dollop of NEM March Strike 40 Puts at USD 3.90/shr so as to top up the petty cash box, and to keep in practice and stay with tradition...>>

Now, NEM must come down from 44 back to 40, so that I can short its Puts again, because I am all out of Puts ;0)

BTW, for good score keeping, this trade Message 19446630 was not done at 0.95, but at 0.85.

Chugs, Jay
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