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

To: Haim R. Branisteanu who wrote (38143)	9/11/2003 11:17:45 PM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Hello Haim, I feel comfortable with NEM, now at 2.95% of my gross asset, as compared to my largest equity position Lumacom of Australia at 4.76%, will at some point be built into my largest position, but by slow zig and zagging, selling puts, buying shares, selling calls ... lowering the cost basis at each expiration. Let me rephrase that. "I feel more comfortable with NEM and its management than I do with the USD and its mis-management". FYI, my 3rd largest position is Vermillion of Canada, at 0.93%, followed by Impala Platinum, at 0.86%. Chugs, Jay

To: Haim R. Branisteanu who wrote (38143)	9/12/2003 12:59:51 AM
From: energyplay	Respond to of 74559

Pick a country - Swiss - Swiss Air... Canada - Bre-X , Vancouver Stock Exchange Aussie - big insurance company UK - Barings, now Prudential in trouble (they survived South Sea bubble, Lloyds of London really hurt their names. And Enron, Exodus, World Com, Global Crossing Looks like every country has these to varying degrees

To: Haim R. Branisteanu who wrote (38143)	9/12/2003 2:37:46 AM
From: EL KABONG!!!	Respond to of 74559

Hi Haim, Derivatives... Off balance sheet entries... Non-disclosure by public companies of information that might negatively impact the price of the company's stock... That stuff happens everywhere; not just the USA, and in my opinion, not as frequent in the USA. Yes, there are rotten apples everywhere, and as the saying goes, one rotten apple spoils the entire basket. Should we avoid European stocks because of the L&H scam? Second if real calamity arrives they will close the stock exchange News flash... If the US exchanges close because of "calamity", will the foreign exchanges be far behind? KJC