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

To: pezz who wrote (27858)	1/26/2003 11:12:51 AM
From: Raymond Duray	Respond to of 74559

Re: ....I guess they would rather have the worlds poor. I'd imagine they'd rather have the kids of the folks with all the cash who won't be sucking on the pension teat for a long while. :)

To: pezz who wrote (27858)	1/26/2003 11:40:05 AM
From: TobagoJack	Respond to of 74559

Hello Pezz, Today's Report: (a) Consolidated my thoughts, and (b) Caught up on reading, especially about Message 18492963 as it pertains to this Message 18219046 November 11th, 2002 Hi Pezz, Today's Report: I purchased another street frontage shop real estate on Freedom Mountain Kowloon peninsula, my third (including a brothel), across the street of a major development greateagle.com.hk The purchase is not as fun as a Jeep, but should easily do a double within 60 months. Actually, in this particular instance, I am looking for 6 fold in 36 months. I like the idea of Great Eagle investing its money to make the whole neighborhood attractive for others money. Chugs, Jay

To: pezz who wrote (27858)	1/27/2003 4:22:11 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hello Pezz, Today's Report: Got ready for conflict and eventual reduced volatility ... (a) Purchased a wallop of Newmont Mining at USD 30.08 (b) Short sold a wallop of Newmont Sept Call Strike 32.5 @ 3.30 (c) Short sold a wallop of Newmont Sept Put Strike 30 @ 4.10 ... and the end result of this trade and attached gambles will likely be 33% over elapsed time, 0r 50% annualized. Chugs, Jay

To: pezz who wrote (27858)	1/28/2003 12:21:58 AM
From: TobagoJack	Read Replies (4) \| Respond to of 74559

Hello Pezz, Tonight's Report: I increase paper/physical gold position by 4.46% (increased paper gold alone by 10% when denominated by taels). I was going to dwell on selling some, but, once on line, I decided to buy. I couldn't help myself, seeing how the attraction of gold increases as it increases in genuine price and perceived value. Chugs, Jay

To: pezz who wrote (27858)	1/28/2003 10:16:05 AM
From: TobagoJack	Read Replies (4) \| Respond to of 74559

Hello Pezz, This Morning’s Report: In order to rip some ribs from the Mq bulls, to hedge my egotistical greed per your admonition, and to heed DAK’s advice on QCOM, I did the unforgivable: (a) I purchased a whole lot of QCOM shares at 36.90/shr (b) Shorted equivalent number of QCOM July Call 37.5 at 4.80/shr (c) Shorted a lot of QCOM July Put 35 at 4.00/shr Maurice, you probably know this but just in case: If QCOM stays within the band topped by 37.5/shr and bottomed by 35/shr in third week of July, I will have acquired my QCOM shares at effectively 28.10/shr; If QCOM rises above 37.5/shr in third week of July, I will have to sell my QCOM shares at 37.5/shr, keep the premium of 8.80/shr, netting a 25% return (50% annualized); and If QCOM drops below 35/shr in third week of July, I have to buy another lot at 35/shr, and would still be breaking even at approximately 32/shr. I will probably have a chance to close either and/or both call/put option trade before expiration. Chugs, Jay