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

To: TobagoJack who wrote (57848)	12/30/2004 8:49:31 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

Write off the Iraq pizza because I made you not fall the temptation :-)

To: TobagoJack who wrote (57848)	12/30/2004 5:17:31 PM
From: energyplay	Read Replies (2) \| Respond to of 74559

Shorting - I bought a few puts on Phelps Dodge PD, the copper producer. This is not quite a triple top - I expect it will be range bound. With reports of a comming 'steel glut' I expect TALK of a 'copper glut' will be comming soon. Maybe not reality.... Longs - CCJ doing really well, might go to 115-120, then pause, work up to 120+. CEE (East Europe & Russia)doing well, so is EF (europe) and ILF (LATAM) I sold IIT, Indonesian satellite company. Bought some TRC, Tejon Ranch. A big land company that owns 270,000 acres in California around I-5 at the north end of the Tehachipis (Grapevine) between Castaic and the edge of the central valley. 40% the size of Rhode Island, 600 million market cap.