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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (52088)8/24/2004 11:25:22 AM
From: TobagoJack   of 74559
 
Hello Pezz, Tonight's Report:

(a) Sold my Alliance Resource (coal) Limited Partnership at USD 48.90, claiming mucho profit as well as pocketing plenty of dividends since Message 19005086 <<June 5th, 2003>> when it was USD 26.9 :0)

(b) Sold my Fording Canadian Coal (coal again) at CAD 59.55, claiming plenty of profit and absconding with mucho distributions since Message 19590980 <<December 12th, 2003>> when it was CAD 39.69 :0)

(c) Cut my losses on CHK, the dog, now that oil is no longer the in-thing, at USD 13.76-13.77, admitting to a loss since Message 20325528 <<July 19th, 2004>>. Not brilliant, but NBD, and nothing that cannot be fixed.

If I can keep winning at 50-80% rate, plus dividends, and keep losing at 14%, I will do fine, mathematically speaking :0)

I any case, sure beats QCOM :0) LTTB (laughing to the bank).

Chugs, Jay
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