Hello Pezz, Today's Actions:
(1) Deposited first of nine monthly checks that will progressively free me from my 2005-mentioned outsized private equity deal.
Given that I feel all assets might be punished relative to cash, the signing of exit deal was an anxiously awaited, eyes wide open, at 4:30 everyday for too many days over the past 2 years. I feel fortunate and hope luck will stay true.
Given that I am collecting HK$ on the way out of the deal, the mpney that is in a debt-ly embrace with the for sure to be eventually no-more US$, I am now anxious about the value of the dollar, even as I am unwilling to hedge the US$ proceeds because US$ could well go up as all assets collapse in value.
Decisions are not easy.
(2) Feeling newly robust, I purchased two (2) tranches of finance.yahoo.com coal at HKD 31.95 per share, intending for a LTBH, and will add more should collapse happen.
(3) Feeling renewed friskiness, I bought a hotsie totsie microcap stock @ HK$ 1.54, given that my reflexologist tipped me off to what some of his tycoon clients are machinating. My reflexologist's track record has been good.
I will release the name after my accumulation is done. In the mean time, the name has 11 letters in it, or 9 :0)
I do feel perhaps the market is frothy, because one of reflexologist's client offered to put HK$ 4 mil (US$ 500k) with him to speculate with.
I get the tips because, unlike CB Ilaine and such, I treat people correctly and try to learn from them.
Chugs, J |