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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: pezz who wrote (17481)3/28/2002 1:49:18 AM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
Hi Pezz, <<scheme>> = vague notions of how to make money, using other folks money and risk bearing capacity and own time, as in you got the money I got the time, you write the checks, I sing the songs.

Scheme rules: Assuming the scheme has economic merit beyond its own necessarily immediate and narrower confines, and is thus attractive to someone with agenda bigger than the scheme itself, then, bigger is good, harder to implement is better, wierder, best of all.

If the story (script) is simple to explain by first hand, and simpler to repeat explanation by secondhand, then we have a world class scheme:0)

<<gold>> I hadn't realized that you held something against gold (like Mq) as a gambling chip, as opposed to 'if it goes up like a rocket, Pezz can ride it'.

Gold is a scheme el supremo;0)

Chugs, Jay



To: pezz who wrote (17481)3/28/2002 10:43:14 AM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
Hi Pezz, I just sold some SWC October 20 covered calls, on SWC putted to me in January (Puts shorted last December), and if called away, my net net gain on this tranche would be 45% over 12 months with no particular risk I can discern. If not called away, no big deal. SWC is stuck in a wide channel, between 15 and 25, regular as a astronomically complicated Swiss time machine. Chugs, Jay