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


To: Maurice Winn who wrote (34714)6/4/2003 6:42:02 PM
From: TobagoJack  Respond to of 74559
 
Hello Maurice, <<Did you sell G at the top and switch to Q?>>

Not exactly, but just as well.

I bought back my previously shorted gold mining puts at lower prices than when I sold them, giving that gold has done what it is supposed to do, gyrate and grind against the lesser currencies Message 18997777

I am also in good shape in regard to Q. I have made a paper gain when the share has stayed within the market's death grip, and Q price is actually at lower prices than when I bought.

<<financial calamity of 2001>> had arrived and is still in place, doing its killing of bulls and bears, and delivering gains to yours truly, me, via currency gains, stock rises, equity declines, bonds rise, gold surges, precious metal drops, et cetera, so on ... ,

Chugs, Jay



To: Maurice Winn who wrote (34714)6/5/2003 3:19:31 AM
From: elmatador  Respond to of 74559
 
<<great financial calamity of 2001>> is a short hand. Like saying 1473 was the end of the Middle Ages. It didn't stopped dead on the tracks in 1473 when the Turks took Constantinopla. It is just a divider.

When we speak about the <<great financial calamity of 2001>> -at least myself- we are speaking about the downhill since March 2000, interspersed with 911, the adventure in Iraq, SARS...

Today, for practical purposes I -single handedly- in BBR, am talking already that we are at the bottom. From here onwards there are only two ways: Sideways or upwards...

<<great financial calamity of 2001>> notwithstanding, people didn't stop having babies, getting married, having fun, in short, life went on.

Obvioulsy, as a sub-product of the <<great financial calamity of 2001 >> there have been chnages in the world's economic landscape: ENRON, WCOM, write offs, slap of wrists and people with eggs splattered all over their faces. Case in point those who thought 3G would take over the world and are now writing off spectrum licenses.