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 (45030)	1/20/2004 11:29:33 PM
From: TobagoJack	Read Replies (2) of 74559

Hello Pezz, Bora Bora Log: My broker notified me of my sale of Nordic American and Knightsbridge Tanker at USD 18.80-18.813 and USD 16.80 respectively. I figure a tanker glut will eventually be, and so I should sell my tankers and buy what goes into their hold. I also closed out my NEM March covered Call strike 50 at USD 0.85/shr, thanks to the gold correction :0) I tried to sell some NEM March Puts strike 40, but without realtime and eyes on monitor, was not successful. The USD bounce could be all over and done with by the time my holiday is over ;0) I will do a formal post on all the recent trades, tallying the gains and attributing credits. Chugs, Jay

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