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 (61663)	4/20/2005 8:17:00 PM
From: TobagoJack	Read Replies (1) of 74559

Hello Pezz, Late Report on Last Friday’s Non-Action: My shorted Inco Covered Call April strike 40 Message 20791089 expired worthless on the rubes (love that word), allowing me to book the premium as profit, so that I can afford to fill up the SUV for a whole year at HK’s very reasonable USD 6/gallon of premium 93 octane juice. This can be considered a pair-trade to our recent super-duper-double-secret trade which netted the cost of an SUV. The rubes, we must cherish them, for they are gifts. My Inco Message 19578803 bought at 37.42 back in December 2003, now the last of my speculations in base metals, can be off loaded at cost or hopefully better, allowing me to redeploy. What do you figure on doing over the summer market? Chugs, Jay

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