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

To: pezz who wrote (41198)	11/10/2003 2:16:26 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hello Pezz, <<NEM calls>> my overall aggregate consolidated and distilled experience with options is, 'take profit when there is profit to be taken'. Chugs, Jay

To: pezz who wrote (41198)	11/10/2003 10:19:07 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hello Pezz, Tonight's Report: In view of the controversy over IVAN (see Subject 54392 and Subject 54384 ) and the fact that IVAN gapped up on open, I sold 2/3 of my IVAN @ 6.17, suffering a recognized loss of USD 0.73/shr Message 19470415 <<November 5th, 2003>> so as to fight another day. I still hold this dollop Message 19474081 <<November 6th, 2003 ... To hopefully partially pay for the above trade and a hopefully a quick merciful flip, I bought more IVAN uk.finance.yahoo.com at USD 6.41/shr, hell bent on giving ‘bull market corrects all mistakes’ a serious test>> ... we cannot conclude that 'bull market does not correct all mistakes' yet; I just chose not to be exposed as much as before on the test. I remind you, 'survive so as to fight another day'. BTW, I believe the controversy will make IVAN more volatile than ever, and thus much more fun :0) Chugs, Jay