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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (56698)12/3/2004 7:51:28 PM
From: TobagoJack  Read Replies (1) of 74559
 
Hello Pezz, Last Night's Report:

I covered my naked NEM January Call strike 50 with USD 1/share of moolah, closing out with a gain of 1.2/shr Message 20816055

<<Both stocks looked like they were ready to dump (they did) and i had a lot of money tied up in'em>>

... I know the uncomfortable feeling, like watching favorite pet puppy prancing at the edge of the foliage, trying to corner a cobra.

I am exposed at the moment, with much to lose, and must remain so, feeling very much like a tomb raider, as the ceiling starts to crunch down and the exit begin to shut, while I am still busy stuffing my pockets, duffle bags, rucksacks, and hanging baubles around neck, dangling goodies on shoulders. Feeling weighty. Do you think there is a water-trap just beyond the next corner?

The fragile world, or at least my delicate piece of it, must hold together, for ... oh, i dunno, say 120 days. Not a lot to pray for ;0/ there are no atheist during final exam quarter :0)

And no, I dunno what I am doing, where I am going, do not have a strategy, but I will re-double my effort ;0)

Chugs, Jay
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