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To: pezz who wrote (34250)	5/22/2003 6:20:45 PM
From: EL KABONG!!!	Read Replies (1) \| Respond to of 74559

pezz, Farmhouse? Got Internet??? KJC

To: pezz who wrote (34250)	5/22/2003 8:17:28 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi Pezz, your road trip sounds most fun and relaxing, chatting with people, get on the open road, eat a burger, have a coke, onward to the next fishing spot, pullover at any old place, chat up the waitress, take a meal, do a walk, ... excellent! You should consider getting a mobile internet device from iPaq or your mobile phone service provider. Chugs, Jay

To: pezz who wrote (34250)	5/23/2003 8:18:55 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hello Pezz, Today’s Report: I did something, not sure why, but, hey, it makes me feel better (recognized some capital gains for a few weeks of waiting, shifted assets into something solid, and can wait to buy back some shares later), and so is good: (a) Sold all of these Message 18815842 SARS plays because HK got off WHO travel advisory list - SHK Properties finance.yahoo.com at HKD 37.6/shr - Cheung Kong Holdings finance.yahoo.com at HKD 45.5/shr - MTR (HK subway) finance.yahoo.com at HKD 8.75/shr (b) Sold this Message 18760455 SARS play (still hold core position bought before) for HKD 4.725/shr (c) Sold this Warren Buffett play, since a bunch of China oil shares all gone up (still hold core position purchased before this date) Message 18906043 at HKD 1.91/shr (d) Sold this Warren Buffett wannabe play (still hold core position bought before this date) Message 18916742 at HKD 1.58/shr (e) Used 75% all of the above money liberated for purchase of paper gold. Chugs, Jay

To: pezz who wrote (34250)	5/23/2003 10:06:25 AM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Hi Pezz, <<OFFENSE is the best defense! ...I think... >> I received the following by e-mail, and am passing it along. Chugs, Jay From James "Rev Shark" De Porre: Someone asked me an interesting question the other day: Which is more important, good money management or good stock-picking? I have found that good money management is more important than good stock-picking. I like to think of money management as defense and stock-picking as offense. Defense is what keeps us in the game. If money management defense is poor, a few stock-picking mistakes can put us on the sidelines. Our most precious commodity is our capital, and money management is the way to guard it. It is very tough to be a consistently good stock-picker. Even the best will have some very poor picks and long losing streaks at times. It's money management that protects us when our offense goes cold. Money management helps protect us during the slow times so that we can prosper when things are clicking. The traders who "blow up" are the ones who fail to use basic money management. The vast majority of commentary about the stock market focuses on stock-picking and market-timing, which causes readers to presume that those are the ultimate determinates of success. Money management is a much more complex topic, is fairly boring and is difficult to write about, so we don't hear nearly as much about it. Over the long term, I firmly believe that an individual who focuses on money management and grinds out gains will tend to outperform the trader who is a good stock-picker but a poor money manager.

To: pezz who wrote (34250)	8/27/2003 7:13:50 PM
From: TobagoJack	Respond to of 74559

Hello Pezz, Last Night’s Report: I made some interim adjustment in this ‘I bet Maurice is Wrong’ trade Message 18964873 <<May 21st, 2003 (a) Bought a dollop of JMP 2005 January LEAP Put strike 25 for USD 3.8-3.9 /shr; and (b) Short sold a dollop of NEM 2003 December Put strike 30 for USD 3.5/shr for regular pocket money extraction from the big ATM in the market place>> … by closing out the NEM 2003 December Put strike 30 pocket money extraction wager at USD 0.40/shr, and thereby locking-in USD 3.1/shr extraction. I figure I will be able to extract more from NEM, perhaps two more opportunities, but at least one more time, before the JPM 2005 January LEAP Put strike 25 long position matures. This wager is now worth USD 2.0/shr, indicating a paper loss of USD 1.85/shr that is more than offset by the NEM bet. JPM is on the way down, and so the long put position may yet win. Chugs, Jay

To: pezz who wrote (34250)	8/28/2003 12:24:29 AM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Hello Pezz, Today's Madness: I, sensing danger, and feeling like a refugee, gave the orders to my rapid reaction force in AUD-space to (a) pack their bags, (b) lock their weapons, (c) booby-trap their camp, (d) depart, in a hurry, almost like panic, for HKD-space, and (e) await further instructions, to stay in HKD-space (to buy China/HK shares post return of SARS, or more real estate), strike in Gold-kingdom, or join their cousins in CAD-nation. I left behind in Australia several longterm investment: BHP Billiton uk.finance.yahoo.com , Rio Tinto uk.finance.yahoo.com (these are global plays traded in AUD-space), Lumacom gamble uk.finance.yahoo.com , and Metal Storm wager finance.yahoo.com . I did promise my troops before they departed for AUD-space 'home by Christmas', meaning last Christmas, but alas, the looting and pillaging in AUD-space was too good:0) Chugs, Jay