Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: pezz who wrote (15052)	3/6/2007 1:57:28 AM
From: TobagoJack	Respond to of 217592

<<well situated to wait this thing out>> ... say 4 years, assuming the officialdom do not intervene with free market process more than they already have

To: pezz who wrote (15052)	3/7/2007 8:37:32 PM
From: TobagoJack	Respond to of 217592

Hello Pezz, Last Night's Report: (i) I capitulated on some small though increasingly painful short positions at a loss. I did so altruistically, and now that I have done so, the financial market can stop making it painful for me and start dishing out its lessons to others - enough said. EOM. (ii) I added to my Cameco @ 37 - yes, I know, its mine is still flooded, but I figure it is better for them not to be able to produce uranium at such giveaway prices now in any case :0), and (iii) I exchanged some of my FXE finance.yahoo.com @ 131.6 for FXY finance.yahoo.com @ 86 . I am now waiting for whatever, and perhaps buy my paper gold back at the usual psychological moment, and continue to wallow in my physical pile. I find it comforting that Paulson finds so much time to visit Asia so frequently, as would an corporate executive in the course of making a deal; perhaps a deal is being made. The nature of the deal is ... I must think. Whatever it is, I figure: (i) Ought not to be more of Yen down, Yuan up, Dollar down gently, Gold up right away - because China would not agree due to social concerns, and US manufacturers (what's left of them) will not go peacefully - although this would be good for US/global share market; and (ii) Could be Yen up a lot, Yuan up a little, Dollar down materially, Gold down substantively due to shrinkage of trading books, and then up substantially again due to second-order effects leading to dead bodies floating to the surface per Goldman Sachs take - this is not US/global share market friendly. The trouble I am having is that I can see both above (i) and (ii) happening, in sequence, because that would be expected during intervention and the subsequent failure of intervention. But which will happen first? The way to play the game going forward may be buy when one feels like selling, and sell when one feels like buying; the current volatility and interaction between Asian and N.American and European share markets reminds me much of 2000 - sometimes in sync, and other times in whip-lash. Very dangerous. Chugs, J

To: pezz who wrote (15052)	3/8/2007 8:19:51 AM
From: TobagoJack	Read Replies (2) \| Respond to of 217592

Hello Pezz, Tonight's Report: I admit it, I have sinned, and now seek forgiveness. Besides enjoying the always delicious but only every-so-often self-permitted single-serving size Haagen-Dazs ice cream, twice per night, which by the way has more to do with my desire to help your nation balance its trade account, and less to do with the fact that the item is one of the more important food groups - any way, I digress - I sinned, as I was carrying on - I had informed you earlier that Message 23332915 I sold a lot of paper gold. To seek redemption, I have just purchased back every single tael I earlier sold, at the cost of HKD 6,106 per tael, a negligible discount from the earlier sales price of HKD 6,123. The earlier sale, I have decided after calm reflection and before the hurried repurchasing keyboard clicks, was a tactical victory but a strategic error, much like your nation's experience in Mesopotamia. In any case, no harm done, in my case. I used USD to do the deed, and continue to maintain the earlier established Japanese Yen position, even as that shameless nation once again try to wiggle out of its admission of sinful enslavement of other women folks for the joy of its imperial troops, and later, its own women folks for the pleasure of USA occupiers. Chugs, J