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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: carranza2 who wrote (70290)9/4/2008 6:27:18 PM
From: Maurice Winn1 Recommendation  Read Replies (2) of 74559
 
C2, as you saw today, my covering of my $40 million SKF short was highly profitable. I hope you were loading up your Tonka Truck when I was buying too or you missed out. Well, you still can get some gains before I hit it again with another short if it gets up to my hit point. I'm thinking of $130 as the next hit point. But that depends on macro circumstances too. Currently $118.

But SKF is as likely to sag right down from here to provide a covering opportunity for my remaining $20 million short.

This is so easy! Like shooting fish in a barrel as they say.

More fun to go. Zim the Amazing should have stuck around. TJ's puny efforts don't match those gains.

Mqurice
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