Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (43809)	12/23/2003 4:03:08 PM
From: TobagoJack	Read Replies (3) of 74559

Hello Pezz, Report – NYSE Command: I could not help myself, got out of bed, made some hot chocolate, savored it from my pot-bellied hot chocolate mug, and I shorted a whole lot of NEM February Put Strike 42.5 at USD 1.05/shr. I believe the USD is going down the gurgler, fear of inflation is immediately around the U-bend, and NEM is pinned at above USD 40 but held in check at below 50, for a while, but long enough for some looting of the great big ATM in money heaven. The whole exercise took about 30 minutes, inclusive of boiling the water, ruminating about the get-away for my earlier executed NEM January caper and the NEM March escapade, within the context of my existing NEM and NEM derivative holdings. Chugs, Jay

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