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


To: Snowshoe who wrote (22861)8/19/2002 6:08:17 PM
From: Cogito Ergo Sum  Respond to of 74559
 
Hi Snowshoe,
Come back in te water's fine.
Message 17893971

regards
Kastel



To: Snowshoe who wrote (22861)8/19/2002 8:01:04 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hi Snowshoe, <<They flipped the switch, Jay. Right now it's party on with Dow up, dollar up, gold down. Perhaps until the early part of next year>> Judging by the way the market reacted to not so good news last night, and by the apparent climb down on what was to be a war stratfor.com, and by the looks of the chart embedded here forbes.com , I could go along with a PUCD (party up chow down) scenario, with the proviso that we may still have a hiccup in September/October time frame.

But, no matter, my shorted puts will not likely need to be made good ;0)

Message 17888598

"Short CMCSK January Put 12.5
Short VZ January Put 25
Short BP January Put 40
Short HGMCY February Put 10
Short FCX February Put 10
Short AOL January Call 10 covered"

and I am positioned to buy more gold at cheaper prices, readying for DDQDGU (dollar down, Q down, gold up) and PDCU (party down, chuck up) days to return starting Feb/Mar.

Chugs, Jay

P.S. The Tokyo governor had no Yen risk, because his revenue and expenses are in Yen. He has now taken on a dollar risk.



To: Snowshoe who wrote (22861)8/20/2002 1:16:13 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hello Snowshoe, Just so that there is no misunderstanding, I still believe the market will soon crap out and war on Iraq will happen. I could easily be wrong of course, and if I am, then bad news straight ahead, with market set up for a fall from higher levels of hope resulting in more damage, and war between nuclear-armed Israel and nuclear-wannabe Iraq inevitable.

Otherwise, economic history will have stopped in 2002, and the 1000-year war between the people of the Cross, the Star of David and the Crescent Moon over and done with.

A comment on the Nigerian story ...

Message 17895385

... they are hopelessly barbaric. The Islamic justice system are puzzlingly popular with the locals, as if they are watching a movie.

I know I would not be able to navigate the Islamic code of conduct without losing five limbs and a tongue.

Chugs, Jay