Hello Pezz, Last Night's Report:
I am still travelling. We will visit Suzhou today as a day-trip from Shanghai.
We were dined by the officialdom last night. Shanghai GDP grew 38% in 2003, and is currently at run-rate of above 60%.
Shanghai has built 3,000 skyscrapers in the last 10 years. A law was just passed limiting additional high-rises. Now they are concentrating on renovating old ex-colonial concession neighborhoods in the original styles. They are also focusing on parks and such. Simply amazing in urban planning method, process, and results.
On speculation, this trade did its destined act:
Message 19624549
December 23rd, 2003
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.
... expired worthless on my deserving opposite number :0)
Now I can reload on NEM at the underlying remorse price for gold of USD 400. Excellent.
My shorted FCX Feb Put strike 25 also expired peacefully, along with my HMY Feb Put 12.5:
Message 19193148
August 8th, 2003
... Shorted a dollop of FCX Feb 2004 Puts strike 25 @ 1.50/shr,
Shorted a dollop of HMY Feb 2004 Puts strike 12.5 @ 1.60/shr
Oh, oops, almost forgot, same with my shorted AEM Feb covered Call strike 15:
Message 19228192
August 21st, 2003
I arrived home at around midnight, and did the following confirmed trades:
(a) Shorted AEM Feb strike 15 covered calls @ USD 1.30/shr
A good night, all around.
J |
