hello pezz, tonight's report:
(i) it looks like your fsys trade is working out. congrats.
(ii) i think the share market ought to go down, more, a lot more; but i think i understand why it is going up and may continue to so for a while.
just as i figure gold ought to be rising, a lot, soon, but comprehend why it is teasing. i do not know where gold will be at in a little while. i feel pretty sure that gold price will not sit still. i am however neither comfortable to short naked call nor buy call/put.
(iii) i felt like doing something, but was of two minds, and so did the next best thing, and that was the following:
- bought gold double short finance.yahoo.com @ 24.30
- then, after a bit of hesitation, bought dzz's mirror image, dgp finance.yahoo.com @ 25.018
the net effect on the portfolio will be nil immediately and for a while, as gold and anti-gold nets out to zero.
i am happy with this state of happening, until the gap between the two states of matter widens, and does so considerably.
(iv) if you remember, i tried this game before, when i was equally unsure which way the gold would turn at the next corner, but misplayed it even though it was a marginally profitable experiment:
step #1: Message 24358807
step #2: Message 24421243
step #3: Message 24563001
... i was impatient last time, and should have sold the double short at 30 and bought double long at 20 as step #2.
i aim to do better this round.
what else is there to do that is historically relevant and socially righteous, for tonight, before i go to sleep, now that i had taunted blazimwick already about his particularly ill timed and poorly played hole-ly short against freddie after all the big boyz had roughed it up horribly and left it for dead.
chugs, tj |
