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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (43514)12/18/2003 5:35:28 AM
From: TobagoJack  Read Replies (1) of 74559
 
Hello Pezz, Report:

I anticipate that the following will happen tonight:

(a) My NEM December covered Call strike 40 shorted at USD 2.45/shr Message 19295322 <<September 11th, 2003>> will expire in the money, and some of my NEM bought at 30.08 Message 18497908 <<January 27th, 2003>> will be called away at USD 40. Oh, but, if you click through the link, you will see that the NEM purchased at USD 30.08 was part of a put/call combo that had already netted much moolah here Message 18732391 <<March 21st, 2003>> and here Message 19009976 <<June 6th, 2003>>

(b) My NEM December covered Call strike 42.5 shorted at USD 2.05/shr Message 19442681 <<October 28th, 2003>> will expire in the money, and some of my NEM bought at USD 41.07/shr will be called away at USD 42.5/shr Message 19426552 <<October 22nd, 2003>>

The ATM is still in good working order, and much combat capacity is now freed up, ready to be committed to battle later.

Chugs, Jay
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