2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 379.91

+0.4%

4:00 PM EST

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To: pezz who wrote (2186)	11/17/2005 10:31:53 PM
From: TobagoJack	Read Replies (2) of 217688

Hello Pezz, Last Night's Report: (a) I reversed this GLD trade Message 21711038 where I bought GLD at USD 45.6, by selling the very same GLD for USD 48.4, a 6% gain; (b) I reversed this Harmony trade Message 21711038 by unbundling the original free package comprised of (i) short HMY January Put Strike 10 (USD 1.00 in) and (ii) long HMY January Call Strike 10 (USD 1.00 out), and off loaded the long Call position at USD 2.95/shr, leaving the shorted Put side of the equation (now valued at USD 0.15 max) to languish on the Put buyer (so as to drive the point home :0) I calculate the return to be a modest INFINITE, in what I would describe as a win-win equation, as in win by shorting the Put and win by long the Call :0) Speculation is sometimes like art, elegant, as in above. At other times, like a nightmare, horrifying, as in holding QCOM since the beginning of the year ;0) Chugs, J

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