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


To: pezz who wrote (24250)10/16/2002 10:05:25 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hello Pezz, Today's Report:

(a) sold entire CWT siliconinvestor.com position. I decided that California is communist, and when water service cost go up, pricing will be forced down by fiat;

(b) sold half of HBC (HSBC ADR) purchased last night, due to 'fight or flight' response to irrational fear and wild panic on big picture, but mainly because I sold bigger slice of HK traded HSBC shares (60% of total position) to claim well deserved capital gains

Message 18118629 , as market failed to rise further for lack of nearterm momentum; and

(c) capitulated on RAD by selling the entire initial tranche at massive % loss, decided money better wagered on biotech eventually.

All in all a profitable day, and now feeling lighter and better.

Gathering cash for paper gold:0)

Chugs, Jay