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


To: pezz who wrote (24293)10/16/2002 8:54:12 PM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
Hi Pezz, <<RAD ... fundamentals>> I am figuring that the recession may well turn into a neo-mini-depression, and if so, all stocks will continue downward slide.

Warfare, tax increases and or debt increases, will be impetus for recession developing to neo-mini-depression. The strongest may live, but RAD is not the strongest.

Chugs, Jay



To: pezz who wrote (24293)10/17/2002 10:58:58 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hello Pezz, Tonight's Report:

(a) purchased IPG quote.bloomberg.com at US$ 10/shr,

(b) short sale IPG April Put strike price 10 (.ipgpb) at US$ 2.2, and

(c) short sale IPG April Call strike price 10 (.ipgdb) at US$ 2.05/shr.

I know nothing about IPG, other than fact that they are in advertising, down a lot today upon disappointing a lot of shareholders, is tied to consumer fortune, and may do as many did go belly-up in early 1980s.

But, hey, so is the Yen I borrowed to buy IPG with:0)

The simple and elegant trade may generate one month's worth of living expenses (if I cut back), pay for a nice holiday (if I dare to go anywhere) or one year's worth of interest on the total JYen loan (no need for further qualifications). It doesn't get better than this, does it:0?

Chugs, Jay