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 (55887)	11/15/2004 11:55:53 AM
From: TobagoJack	of 74559

Hello Pezz, Tonight’s Looting: While I did not turn 180 degrees on this Canadian Cameco trade done last Friday … http://www.siliconinvestor.com/readmsg.aspx?msgid=20762528 <<Sold … (c) All of my Cameco @ CAD 101. Purchased at CAD 88.75 Message 20486313 <<September 3rd, 2004 … It is perhaps best to run while the running is still good, or, if one knows one will panic, it is then perhaps best to panic first.>> … I did just go across the southern border of Canada and shorted a tranche of Cameco June 2005 Put strike 75 and looted a premium of USD 4.60/shr. I made a bargain with the market gods, promising to buy back at USD 75 of what I sold at CAD 107.39 Message 20766947 (or USD equivalent 89.30) … I figured why not loot some more even as one panic runs from an earlier loot ... :0) Chugs, Jay P.S. Message 20763761 <<perhaps I will luck out and it will collapse first, either that or my Australian Energy Resources will catch up ... or something ... or I just end my agony and buy back on Monday ... or something else, like a put/call straddle ... I will see when I see ... there are always ways to skin the elephant>>

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