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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (55866)11/19/2004 8:12:53 PM
From: TobagoJack  Read Replies (1) of 74559
 
Good Morning Pezz, Last Night’s Report:

A. I shorted a dollop of NEM Dec Puts strike 50 @ USD 1.35, there was something about birthright I had forgotten to claim for a while :0)

B. I shorted a dollop of NEM Jan Puts strike 50 @ USD 2.20, samo samo birthright.

C. I sold, out of inventory, my Agnico Eagle Mine finance.yahoo.com @ USD 16.23/shr for a gain of 29% without considering the naturally occurring and necessarily recurring option wagers. The AEMs were purchased via these transactions and exchanges: Message 18253310 <<November 19th, 2002>>, Message 18732391 <<March 21st, 2003>>, and Message 18949830 <<May 15th, 2003>>. I will not trouble you with the details of all the wake-up-go-to-boyz-room-and-then-short-some-option-trades, they would only serve to lower my cost basis by 20+% or so.

D. I sold, out of warehouse, my Pan American Silver finance.yahoo.com @ USD 18.32/shr for a gain of 9% not counting the option maneuverings. The PAAS were purchased here Message 19663584 <<January 7th, 2004>>, and here Message 19930269 <<March 18th, 2004>>

Chugs, Jay
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