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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: TobagoJack who wrote (5113)5/9/2006 2:22:05 AM
From: TobagoJack  Read Replies (1) of 217588
 
Hello Pezz, Today's Report:

Still giddy from bagging an as yet unrealized gain Message 22429970 from Blackrock, I decided to book a phantom gain from Newcrest Message 22308644 at AUD 23.41, netting 2.7 pitiful % (the gain looked larger, at around 10%, when viewed on my MS Money, because the program's base currency was set at USD).

Of course, had I set the base currency on Zimbabwe Dollars, the phantom gain would have still been phantom, but astronomically larger.

Magic of exchange rates.

But since I am not converting out of AUD, the gain is in fact 2.7% ;0/

I got rid of Newcrest not because I do not believe we are not yet in Phase II of gold bull (where gold price rises in all currencies), but because of risk exposure for what I did last night and may do tonight.

BTW, I have also completed this Message 22408626 secret accumulation program, and the symbol is finance.yahoo.com . It appears that the minute I stop buying is the moment it starts retreating ;0/ Any how, I disabled its symbol so that I do not update its price automatically. I find denying reality is useful to maintain a LTBH stance on certain wagers.

Chugs, J
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