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A Diamond and a Support Line that both got downbroken, and
that surely didn't miss out
on my expections made earlier this year
(see April 24th mail "Re: Mother of all Highs").
The Risk of Wellfare had me departing from the Oct00 puts
(too) early since that now,
- 2.5 months later + looking back
- the trade could have well lasted a little bit
longer.............
since that Corus' most
recent (000928) LLV of € 0.80 could have
surely made me the
bigger € 's difference <FONT
size=2>in my final profits taking on the trade example
(shorter term trade
of 11x Puts Oct00-18.66). These are decissions one makes, and
basicaly, they (the
decissions !!) should not be looked at again. Profits are
profits (after all).
I then came out reasonably on top of it, back in July, so
I have no complaints, and also
now I have no complaints, eg doing well on the
2nd part of the trade example, eg have
sold* the rest of the trade example.
(longer term trade of 4x Puts Oct02-20.22).
This was done for € 11.50/piece.
Gross Profits: Sold 4 * € 11.50 * 100
= € 4600.00
Initial Inlay <FONT
size=2>: 4 * € 6.50 *
100 = € 2600.00
<FONT
size=2>
------------
<FONT
size=2>NetProfits:
€ 2000.00 / (2600*0.01) = + 77%
<FONT
size=2>
======
Roughly the Corus(COR) example trade, that was
1st initialised back in February this year,
has thus positively contributed for a net
plus of 87% ((97+77)/2).
And the Diamond has again done its job. Even more, since
the Target(T) calculated from a then
possible pattern drop out, could be calculated
at € 1.17 (€ 1.47-(€ 1.73-€ 1.43)).
A few weeks ago Corus(COR) has thus hitted the €
0.80 LLV so far for this year and basically
the in the back in April 24th <FONT
size=2>mail calculated H+S's Target(T) of € 0.56
is thus still well in hintsight.
*sold(=closed the position)
Regards,Ton Maas<A
href="mailto:ms-irb@xxxxxxxxxxxxxxxx";><FONT
size=2>ms-irb@xxxxxxxxxxxxxxxxDismiss the ".nospam"
bit (including the dot) when replying.Homepage <A
href="http://home.planet.nl/~anthmaas";><FONT
size=2>http://home.planet.nl/~anthmaas
----- Oorspronkelijk bericht -----
Van: T.E.M. Lockefeer
Aan: <A title=metastock@xxxxxxxxxxxxx
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx
Verzonden: woensdag 19 juli 2000 8:32
Onderwerp: Re: Corus the cash cow
Ton,
Congratulations on your supertrade !
Theo Lockefeer.
I am not an options man anymore but if you have some tip(s) on
Nasdaq or Dow stocks :
welcome.
(Nasdaq relative high at the moment i think).
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
A.J. Maas
To: <A title=metastock@xxxxxxxxxxxxx
href="mailto:metastock@xxxxxxxxxxxxx";>Metastock-List
Sent: Wednesday, July 19, 2000 1:41
AM
Subject: Re: Corus the cash cow
Have precautionitive and temp for the moment
sold:
- the 11x short term Oct00-18.66 Puts Corus(COR)
@ € 3.65 - (bought @ € 1.85)
and might pull the trigger as well for:
- the 4x longer
term Oct02-20.22 Puts Corus(COR) (bought @ €
6.50) and will be
staying on the side-lines for a while.
This is done so, since that the RSI shows a too large "Risk
of Ruin" move-up in the
past months (6-months of <FONT
size=2>continuous higher bottoms in a row).
Also a horizontal placed small support-line is showing
a possible double/triple bottoming
formation to take place as well.
Am now awaiting a directional move up (=break) to get
back in on the long side(Calls, for
a while) and close the rest of the Puts(above) or the
continuous move down to first € 1.36
(filling the GAP) which is also the first (in prev
mail) mentioned temp Target.
Thus from now (current € 1.48) or
from Target € 1.36 a correctional move up can be
expected.
Gross Profits: Sold 11 * € 3.65 *
100 = € 4015.00
Initial Inlay <FONT
size=2>: 11 * € 1.85 * 100 = €
2035.00
<FONT
size=2>
------------
<FONT
size=2>NetProfits:
€ 1980.00 / (2035*0.01) = + 97%
<FONT
size=2>
======
Regards,Ton Maas<A
href="mailto:ms-irb@xxxxxxxxxxxxxxxx";><FONT
size=2>ms-irb@xxxxxxxxxxxxxxxxDismiss the
".nospam" bit (including the dot) when replying.Homepage <A
href="http://home.planet.nl/~anthmaas";><FONT
size=2>http://home.planet.nl/~anthmaas
<IMG alt="" hspace=0
border=0>
----- Original Message -----
From: "A.J. Maas" <<A
href="mailto:anthmaas@xxxxxxxxx";><FONT
size=2>anthmaas@xxxxxxxxx>
To: <<A
href="mailto:metastock@xxxxxxxxxxxxx";><FONT
size=2>metastock@xxxxxxxxxxxxx>
Sent: vrijdag 28 april 2000 1:38
Subject: Re: Corus the cash cow
> I must update my
Symbol32.dta (19990920) file very soon, since that neither Corus> nor
CGA are listed in that file (due to the merger taking place AFTER the file
date) .> For some reason or another the file isn't complete in regard
to the available symbols,> eg especialy for the Nasdaq's platforms,
since that the below official symbols> for Hoogovens were not to be
found in file (and neither when searching on its full name).> >
Corus, however, is the result of the last Oct1999 merger between BritishSteel
(nyse:BST)> and Hoogovens (nasdaq:HOGVY and HOOGY and
nasdaqbbADR:KNB).> > The Chart is in €uro's, which is currently
roughly 1:1 to the US$> (1.00US$=0.93€URO).> > Corus (new
late low) today(0427) = €1.50> > Regards,> Ton
Maas> <FONT
size=2>ms-irb@xxxxxxxxxxxxxxxx> Dismiss the
".nospam" bit (including the dot) when replying.> Homepage
<FONT
size=2>http://home.planet.nl/~anthmaas>
> > > > ----- Original Message -----> From:
"Robert C. Richmond"> To: <<A
href="mailto:metastock@xxxxxxxxxxxxx";><FONT
size=2>metastock@xxxxxxxxxxxxx>> Sent:
donderdag 27 april 2000 2:27> Subject: Corus the cash cow>
> > Ton -> > Thank you for your consistent input
to the Metastock group. Your> analysis of Corus is
interesting. Is the Corus to which you refer the> same as I find
here in the US as CGA (Corus Group)? How do the prices I> see in
$US relate to the prices to which you are referring?> > Thanks
again.> --------------snip------------------->
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