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


To: carranza2 who wrote (70330)9/8/2008 5:22:17 PM
From: Maurice Winn1 Recommendation  Respond to of 74559
 
Sure enough: <Today is your turn with SKF. Down 15% pre-market> I covered the other $20 million at $97 average, so I'm all out of SKF now, with Mq the Amazing size profits.

I haven't worked it out exactly but there was, including the Yahoo! trades, all posted real-time as you know, about $22 million profit more or less [SI has the record if you want the exact profits]. Okay, I admit it's silly to play these games but it's like playing poker for low stakes, just for fun.

But just for fun, I put the $60 million trading chips into Yahoo! today at average $18.10, keeping the profits to buy fuel for my Cessna Citation and lunch in Palavas Les Flots [which is considered down-market but I quite like the cheerful charm unlike the nearby snooty Grand Motte, neither of which are as cool as the eastern end of the coast].

That's a LOT of fuel = basically an oil field or two. I think I'll use it to drill for oil based on Mq the Amazing's 1983 theory of oil formation and deposition which involves drilling near an obscure little town called Ruawai [in NZ] where nobody drills. Code word = ophiolites.

That's quite handy to Marsden Point refinery so I'll be able to ship condensate over there by pipeline and deliver LPG by ship and truck elsewhere. I doubt there's a lot of methane but a pipeline to Auckland [not too far] will make that valuable too.

It's all too easy,
Mqurice



To: carranza2 who wrote (70330)9/9/2008 6:23:42 PM
From: Maurice Winn1 Recommendation  Respond to of 74559
 
The $60 million on Yahoo! at $18.10 is a little underwater. Grrr.... Oh well, life in the markets is never smoothly in the winning direction [hence the need to see around half a dozen corners].

Meanwhile, there's a LOT of fun going on in the markets. Lehman on sale seriously now. Fannie and Freddie went out in an amazing blaze of ignominy rather than glory. I wonder if Blazezim the Amazing was skooshed? He did have a short for a while, but that was before the huge zoom up which must have been an issue.

Even Mighty Q is back in buy range. You can load up again soon.

SKF is trending up, ready for me to knock it on the head again.

Gold at $777 = great news for those who bought at $1000 because they can get some of the stuff at bargain prices. Go TJ!!

NZ$ = US$0.666 [woahhhh, there is the magic number showing the 666 hidden hands at work].

This is certainly "Bust" territory.

Mqurice