JT; RE:" FORD - Found On the Road, Dead... "
...Fix Or Repair, Daily ?
>Despite the huge option-spreads between bid and ask, the current market forces you to act as "3-day-trader"...
You and Berney are executing beautifully (^_^)
I don't know if Berney was doing CALLs, or throwing 1000s blocks at COMR (which is his style), but with these short-duration, extreme extent movements, it makes me look more to at/near-the-money strikes, and Hit-and-Run tactics.
>You did better selling already yesterday!
The NDX-100 kissed ~1300 today in a shooting star, so you and Berney's out today was actually more elegant. I wanted to dump the ADR's yesterday because I thought that the Yen and DEM were spiking in a climactic fashion. So, the ADR's didn't "spike"; rather, they opened lower today.
Though the Yen backed off (sharply, on their bank rescue effort, reducing the overnight money rate from 0.5 to 0.25%) the USD continues to be sold versus the DEM.
What kind of time-deposits, bondz, etc. do you use, Jurgen ?
With so much kapital cash-in-hand, I am becoming more interested in learning about cash management techniques.
-Steve |
