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

To: pezz who wrote (44038)	12/30/2003 12:05:08 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

Am keeping away. Just back from the beach. Just waiting for a three day celebration: 31st my birthday. First of January, new year's celebration, then second Jnaruary my wife's bithday. Three days of parties!!! pezz, go find a nice steak of Brazilian meat and get the taste of a real think. Don't forget to order a caipirinha drink before you start. many accross the USA, only WY appear to be in nowhere and have no Brazilian restaurant. I start believing that the plae is a bit like the moon!!!

To: pezz who wrote (44038)	12/30/2003 11:02:10 AM
From: TobagoJack	Respond to of 74559

Hello Pezz, Report – NY Front: I shorted some covered calls in an attempt to extract my rightful, as in entitled, distribution for the trouble of holding some shares: North American Palladium uk.finance.yahoo.com June Call strike 10 at USD 0.5/shr (covering these shares Message 19539081 <<November 26th, 2003>> bought at USD 6.87.6.92) Inco uk.finance.yahoo.com July Call strike 45 at USD 2.50/shr (covering these shares Message 19578803 <<December 9th, 2003>> bought at USD 37.42) Phelps Dodge uk.finance.yahoo.com July Call 85 at USD 5.00/shr (covering these shares Message 19578803 <<December 9th, 2003>> bought at USD 68.94) I suppose this is my way of (a) extracting income from lazy dead-beat non-dividend paying shares, and (b) preventing myself from falling in love with shares; … but, in actuality, I am guessing that I will be able to cover these shorts once the anticipated correction of natural resource shares gets underway, especially that the underlying shares are all at 52-week highs ;0) I, for each and every month of every year, try to have some shorted options expire worthless, or have some shares called away at a profit, or have some shares I want to buy putted to me at a price below the then market price when I shorted the puts. Sort of like taking vitamins or exercising ;0) The analog in Unreal Tournament is me firing off a rocket into dark corners before I get too close to it, and every now and then I expire an on-line combatant by chance:0) Chugs, Jay