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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: CommanderCricket who wrote (86158)	6/12/2007 11:59:04 AM
From: ChanceIs	Respond to of 206325

>>>Sorry to hear about the CNQ Dec 65's. You never know, it may work out<<< You have to play the percentages. If my CNQ gets called away in December, then at least i will get $5.20/$60 = 8.6% or 17.2% annualized. Not bad scratch for what is a lower risk path - always have that time premium getting wasted away as a downside cushion. In actuality I am waiting/hoping for an August/September slump to buy those puppies back. My concern about a broader market slump here seems increasingly justified. However a little bird is telling me that the forsythia will not be out again for a third straight year this January, and the patch will be heading much higher by then.