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

To: pezz who wrote (17748)	4/2/2002 9:56:28 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi Pezz, In the mean nasty time, strangely, my positions in IMPAY and AAPTY got revalued upward by 13.75 and 7.75% last night, and with this sequence of trades ... siliconinvestor.com I am still positive on SWC, with its proven reserve intact. The Ford palladium hoard is troubling, though, and USD 1 bil writedown is a lot of metal as KastelCo points out. In any case, I hope SWC go to 12 so that I get to write massive puts. Adore a wide channel if company is ultimately resource based. Lessons, again: diversification, trade as opposed to hold, do not get greedy, never write naked calls, and short puts can be just as dangerous:0) Chugs, Jay