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Strategies & Market Trends : The Home Run -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (91)4/23/2006 9:15:17 PM
From: Stoctrash  Read Replies (1) | Respond to of 525
 
Pat,
Awesome!!

Here is a funny & sad story.
A little over 2 years ago I approached our "pension" dept and questioned why they didn't have any oil, gas nor metals sectors for me as an employee to pick from? I got stone walled for about 4 months by emails and phone calls etc etc. I even offered to come to their next "meeting" and present WHY we should have these options for ALL employees with all my pretty charts and data. Nada...they didn't even want to hear it.

Finally I sent an email directly to the Prez & CEO - and promptly got a tongue lashing from my immediate corporated "yes man". Needless to say we still don't have these sectors as options to pick from...hahahah!!! UFB.
Only in Corp. America!! Fools....



To: Patrick Slevin who wrote (91)4/23/2006 10:13:39 PM
From: Patrick Slevin  Respond to of 525
 
Error

TRE is up $1,240 not down $1,240



To: Patrick Slevin who wrote (91)4/27/2006 6:34:27 PM
From: Patrick Slevin  Respond to of 525
 
Silver had to roll at the Close.

Been under the weather.....forgot to post this.

So the 10 May Contracts are rolled into July at closing prices.

Have to check the Comex website to get the correct numbers so I'll post the new cost basis later.



To: Patrick Slevin who wrote (91)4/27/2006 10:15:59 PM
From: Patrick Slevin  Respond to of 525
 
10 May Silver closed at 12.470

Replaced with 10 July Silver at 12.590

Stop on Silver remains as is until the weekend.



To: Patrick Slevin who wrote (91)4/28/2006 9:18:12 AM
From: Patrick Slevin  Respond to of 525
 
Profit on roll of May Silver $122,450

Total gain of Closed out positions now $149,406



To: Patrick Slevin who wrote (91)4/30/2006 4:50:18 PM
From: Patrick Slevin  Read Replies (2) | Respond to of 525
 
Profit (Loss) since Jan 17; $292,296

-----------------------------------

ABX up $530
NEM down $520
GLG up $9,750
TRE up $8,080
PQ up $7,890

Subtotal Equity position. Up $25,730
----------

12 June Gold up $65,160 from 600.2
10 July Silver up $52,000 from 12.590

Subtotal Futures position. Up $117,160
-----------

Total of Closed out positions Up $149,406

-----------------

Stops still to be re-adjusted. Stops will be adjusted tighter because I'll be travelling from May 5th through May 13th.