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Re: afxm post# 12646

Monday, 09/08/2008 7:02:32 PM

Monday, September 08, 2008 7:02:32 PM

Post# of 16584
yah, as I said...was marginal (I did miss an extra point or two on it, but got out on landfall on the 23rd because it obviously didn't hit as hard as was anticipated)

http://finance.yahoo.com/q/hp?s=PHHM&a=06&b=17&c=2008&d=06&e=25&f=2008&g=d

- point being, I'm not going to play a hurricane stock just for the hell of it, I'll play one only if I feel it will actually spin off business from landfall. For that reason, buying something like IPII when landfall looks to be in Texas makes no sense whatsoever - I think the oil rig repair plays may be the way to go, but really needs the cat 4 hit.

USUALLY, GV is my only cat2 or less hurricane play, but even Texas is too far away for it.

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