Hi, Paul.

PE> FM> Sold remaining PDP. What do you want to do with $?

PE> Apparently it needs to be returned to BT (so BT told me).  OK, can you now

Oh. Then I'll need to set up a new account for you for the BT stuff,
what we call a "settlement account". Don't ask me what or why, I don't
know. But I had to do that for another client who's doing the same sort
of thing as you.

If you don't mind could you indicate when giving me orders whether it's
BT a/c stuff or not. I'd probably know, but just to be sure.

PE> sell 1900 PDP at $2.89.

Will do.

PE> BTW, what I am doing is selling when they go up 10%, and buying them when
PE> they go down 10%.  The danger here is that they keep going up 10% and never
PE> going down, but after 3.20, when they hit 3.52, I won't particularly care
PE> that I sold some of them low. In the meantime, what I'm doing is selling my
PE> most expensive ones, so that I make a capital loss, in preparation for my
PE> capital gain.

Understand. That averaging is done quite often. I recall one client of a
colleague at SHAW who had sell orders for 5000 CBA (I think) at every 10
cent interval above the current price and buy orders at every 10 cent
interval below.

PE> Oh, you can put in a buy order for $5000 worth of PDP at $2.38 too. $2.38 i
PE> the lowest they got too, according to my data.  BFN.  Paul.

Will do. Thanks.

Regards, fIM.

 * * Jose Canseco - role model for the '90's???
@EOT:

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