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

To: pezz who wrote (35842)	7/7/2003 7:22:43 PM
From: TobagoJack	Respond to of 74559

Buying high and selling low again? I think you made the right second move. Chugs, Jay

To: pezz who wrote (35842)	7/8/2003 12:05:34 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hello Pezz, Today's Report: In order to re-live the Softbank dream and Masayoshi Son's fantasy, I once again did what I had done before Message 8554586 and intend to do a even better job this time in shameless speculation and remorseless gambling Message 12355669 . I bought a dollop of JP.9984 quote.yahoo.co.jp at JYen 3,540/shr. Yes, I know it doubled from the low quote.yahoo.co.jp , but there is no law that states with any clarity that it will not double again, especially as the poorer Japanese bondholders try to escape the carnage of the bond market, as they, once again, surge forth in one great big mass, into a new mess. I may have to look into buying some Vertical Net and Ariba, now that J6P is also surging forth towards something shimmering in the distance :0) Chugs, Jay

To: pezz who wrote (35842)	7/13/2003 10:05:34 PM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Hello Pezz, Today's Report: I repented and sought redemption by reversing this trade Message 19091621 at a 15% loss over a 6-day period. Japan may or may not have hit bottom; I do not care. The current global momentum trade will not last, and at its end, the indices will go where they ought, down, and average dividend rates will rise, where they must. All assuming that the risk-free rate of return will rise, which could take awhile, perhaps as long as the 7-years ACF Mike says, maybe not. Chugs, Jay