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

To: pezz who wrote (28812)	2/17/2003 4:05:47 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Good afternoon Pezz, Today's Report: Had a relatively busy day at the office, met some folks outside the office, and did thus: (a) Watched Lumacom uk.finance.yahoo.com zoom up by its customary 5% (b) Took measure of ZimPlat uk.finance.yahoo.com rise of 7% (c) Nostalgically reverted to purchasing a menacing (small enough to swing, large enough to kill) quantity of physical gold in the form of 2003 mintage China Panda 1 oz coins, as I tended to do at least once per year since first mintage started in 1982. The design is different this year once more, thankfully, because 2002 and 2001 were of the same design except the mintage year numerals. I intend to do the customary act this evening, taking said coins home, to fondle, caress, otherwise pamper and admire, and watch them wink at me. I am not yet as bad as the Japanese, who eat gold, although every so often I really flip out and think naughty thoughts about gold;0) <<A day you do not sell is a day you bought>> ... the corollary being ... "A day you did not buy is a day you are short" No, I do not want to play the Financial Last Man Standing Death Match Game quite in accordance with these corollary at this time, while we are at the precipice of the TwoAPuc event horizon, at TPonRr, leading on to certain TeoTwawKi and much possible NToeAwsB :0) Chugs, Jay P.S. Definitions are here ... Message 18587146

To: pezz who wrote (28812)	2/17/2003 7:59:33 PM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Hello Pezz, (EDIT: huff and puff) Hong Kong Front, 1st Euro Corp and 2nd Aussie Brigade Battle Report: (a) Damage assessment: YTD NAV gain now down to 3.03% (b) Treasury operations: I just frantically pulled out approximately 50% each (EDIT from these levels last tallied Message 18559470 ) of the Euro 1st Corp and 2nd Ausie Brigade to safe haven HKD (USD equivalent in short elapsed time exposure) @ 1.0716 Euro:USD and @ 1.6978 AUD:USD. Huge moves for me. (c) Rationale: Every percentage gain must be defended diligently and decisively, else we expose the next percentage to possible loss. Moving from exotic expeditionary positions to base currency involves no nominal risk undertaking, and I will redeploy the resultant capital and gains to either gold or back into Euro/AUD as appropriate, as determined by fluid battle conditions, as I dare. (d) Please pass Note to General Maurice: Maurice, stay put, be perfectly still, in your USD, or, perhaps into the battle, take up read guard positions via futures, options and such exotic tactic, ambush the hoards that may come your way. (EDIT: pop, fizz, static ...) Chugs, Jay

To: pezz who wrote (28812)	2/19/2003 1:55:31 AM
From: TobagoJack	Respond to of 74559

Hello Pezz, Today's Report: (a) Decamped another lot of troops, this time from their European base to the Canadian front line, and moved another small unit of rangers from the US to Canada. Happy with the 23% gain of loot so far, hoping to loot more in Canada:0) Rates for today's transaction: CAD:USD 1.5089 CAD:EUR 1.6128 Today's moves completes my shift out of much of my Euro position and some of my AUD. I hold a residual EURO position of 4.81% of gross assets, down from 15.8% on February 10th tally Message 18559470 , and AUD at 4.51%, down from 9.7%, and CAD now at 4.96%, up from 2.2%. The enormous balance of financial soldiers is sitting in HKD (16.84%, up from 3.5% of gross asset), waiting, for what I do not know, but waiting for something. On the Euro, it has gone up a lot since I took up positions, should consolidate a bit, retrench some, take a breather for a while, or can always be hit with some unforeseen event, like a small Euro country wanting to pull out or something, who knows;0) Will wade back in when it is time to swamp back in, maybe soon. The currencies, remember, are supposed to grind against each other and slip against gold. We shall see if they indeed do grind and slip;0) (b) Watched ZimPlat do its usual thing, rise by 6% uk.finance.yahoo.com (c) Lumacom uk.finance.yahoo.com seems to be taking a breather, retrenchment, consolidation ... neh, or it just went down, but no doubt, never a doubt, to rise again ;0) Chugs, Jay

To: pezz who wrote (28812)	2/19/2003 5:43:15 PM
From: TobagoJack	Respond to of 74559

Good morning, Tomorrow Night's Report: I expect my February short put positions to expire worthless on the poor sap that bought the stuff, just as I expect my QCOM puts and calls to do eventually: (a) Short FCX Feb Put 10 Message 17786589 (b) Short HGMCY Feb Put 10 (ditto) ... allowing me pocket USD 1.01/shr on Freeport McMoRan and USD 1.95/shr on Harmony, earning another tranche of not deserved gain. Chugs, Jay

To: pezz who wrote (28812)	2/19/2003 10:51:58 PM
From: TobagoJack	Respond to of 74559

Hello Pezz, Today's Report: I trickle-sold 100% of my ZimPlat hoard in the past 48 hours, uk.finance.yahoo.com , at average price of AUD 2.639, or 80% gain over 5.5 months, or a lot of mullah for doing naught. Oh, almost forgot, and the currency had gone up relative to USD, thus can impute, though not realized as yet, another sliver of forex gain:0) Message 17642288 June 24th, 2002 Hi Pezz, today's report: I bought enough Zimbabwe Platinum Mines (ZIM.AU), an African share traded on the Australian market, to account for most of the trade volume before 1pm Hong Kong time at prices from AUD 1.32-1.42. Message 18318382 December 9th, 2002 Hello Pezz, Yesterday's Report: … (b) bought more Zimbabwe Platinum on Australian exchange at 1.46 I may use the gain portion of the proceeds to double up on that South Africa’s ImPlat, 61% owner of this ZimPlat, and roll the capital portion into Rio Tinto or BHP Billiton, or just wait to buy ZimPlat back for encore performance. Chugs, Jay

To: pezz who wrote (28812)	2/20/2003 12:46:58 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi Pezz, The Afternoon Report: I used some of the newly aggregated HKD cash to purchase a wallop of paper gold money, in fact taels and taels of the stuff, enough to raise physical/paper precious metal allocation to 16.4% of gross asset from the 13.4% tallied on February 10th. It is simply such a NToeAwsB. Gold is steadying in Asia, leading me to suspect that the correction in price is over, and we are back to the original program of edging towards war, first the fear, then the TPonRr, followed by the actuality, and eventually, TeoTwawKi. I intend to unload some of my paper gold at a trading peak within 4 weeks, and then to patiently accumulate again, for the interim darkness that will be, as all printing presses around the world are busy. Chugs, Jay

To: pezz who wrote (28812)	2/20/2003 8:26:07 PM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Hello Pezz, Pre-Open Morning Report: (a) Heard the horrific trade imbalance number, glanced at the terrible inflation number; (b) Read that the Germans may pull peace-keeping troops out of Afghanistan given heightened hostility from locals; (c) Was told that HK folks expect war to be delayed beyond March (I believe HK folks know nothing of wars and their hows, especially timing, even as I know less); (d) Transmuted more 0% yielding HKD into similar yielding paper gold money, thus raising physical/paper precious metal allocation to 19.96% of gross asset from 16.4% as tallied yesterday; and (e) Converted more HKD to CAD, raising CAD allocation to 6.50% from 4.96% as tallied yesterday. Feeling calmer now, for the moment. Feeling like a financial refugee. No place to run, and no place to hide. Chugs, Jay

To: pezz who wrote (28812)	2/24/2003 9:36:42 PM
From: TobagoJack	Respond to of 74559

Hello Pezz, Morning Report: The war has not started yet and I have already surrendered;0) Back-tracking on this Message 18598841 a bit, I have just ... (a) raised AUD, CAD and EUR allocations to 6.82, 7.46, and 6.44 % by selling down HKD to 4.22% AUD:USD 1.64 CAD:USD 1.49 USD:EUR 1.09 ... casting a vote of no-confidence. (b) all else is as Message 18615846 , more or less; 20% maximum bullish on something, and negative 5% bearish on something else. Chugs, Jay

To: pezz who wrote (28812)	2/25/2003 6:19:09 AM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Good evening Pezz, Dusk Report: I came home, rested, browsed the news, thought about my sins, and decided to repent more than I did this morning ... Message 18623190 and so ... (a) Decreased HKD allocation to 1.11% of gross asset in favor of EUR and CHF (b) Cash now stand at ... EUR 8.87% of gross asset AUD 6.82% CAD 7.45% CHF 3.99% HKD 1.11% YEN 1.23% USD -4.85% USD:EUR @ 1.086 USD:CHF @ 1.349 and the rest is as before ... Message 18615846 I should be able to sleep like a baby tonight, thinking about Maurice, who refuses to repent, swimming in green ink;0) Chugs, Jay