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

To: TobagoJack who wrote (50561)	5/27/2004 6:54:54 AM
From: jrhana	Read Replies (2) \| Respond to of 74559

Hi Jay That is indeed welcome news that you feel we may be entering the GU phase (are you in cahoots now with Sinclair? <g>) If you have time I would be very curious as to exactly what led you to switch directions? I know this was all along your game plan-just asking why now? Thanks

To: TobagoJack who wrote (50561)	5/27/2004 9:56:29 AM
From: Step1	Read Replies (2) \| Respond to of 74559

Hi Jay, ok, have been doing the same although on a very small scale and using spreads, I think what is called a bullish diagonal calendar spread (that is what it says in my book) iow, selling a ST call and buying a LT one (with different strike prices as well). NEM is the only one so far i play with, because of the liquidity and availability of LEAPS. Any other ideas? I thought about doing the inverse on ABX (bearish spreads) but feel a bit jaded after the last correction... step1