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In reply to: jacsar on Wednesday 25/06/08 11:29am

Thanks for the greenchipstocks URL, jascar

 

Re: Ray's age when he died.

 

I'm not sure exactly how old we was, but what gives me

pause for thought about how important succeding at

Rat-Race Game is: Out of the blue, he developed

incurable bone cancer, lasted a few months,

and died much younger than me!

 

I'm 71 next birthday and the last three

funerals I've attended have been for

friends who have died much

younger than me - two

from incurable cancer.

 

Is there a funny side to this gloomy tale?

 

I have a friend who was an RAAF Squadron Leader

posted to North Africa during WW2 and he

was in the thick of fighting there.

 

He is now 85 and having survied when so many Allied pilots

(especially in the Battle of Britai) perished very young has

given him a somehwat cavalier attitude to death.

 

The other day he said to me: "I don't know what we old

farts are going to do. Medicine has eradicated smallpox.

It can prevent polio, diptheria, measles and many other

diseases. It can arrest diabetes and do heart bypasses.

We can have kidney, heart and other transplants to

keep us alive more or less indefinitely.

 

"I don't know what we old farts are going to when

medical experts finally find the cure for cancer.

 

"To make room for the next generation,

we'll have to shoot each other!"

 

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Even Mount Everest has gone solar and is

getting some badly needed toilet training!

 

Extract from: http://www.abc.net.au/news

 

".. instead of the kerosene or cooking gas normally used at base camp, the

expedition tested solar cookers that proved more than equal to the job.

 

"The parabolic solar heaters worked fantastically. They would melt and

boil 10 litres of snow in 35 minutes, and we used it for cooking, making

tea, washing dishes and having showers," the Sherpa said.

 

"My sherpas and climbers were the cleanest on the mountain!"

 

Support staff were also given bonuses for hauling down rubbish accumulated

over the years - including parts of a crashed helicopter, old ropes, tents,

climbing gear and even the body of a climber who went missing in the 1970s.

 

"Sherpas go up there with big loads, and come down empty, so the idea

was to offer any Sherpa or climber 70 cents per kilogram of old trash

they brought down," he said.

 

This is from me (not the ABC) and it's not for the faint-hearted:

 

Most Australians have heard of Mount Everest but few have heard

of or ever climbed 'Great Trango' (in Pakistan) then jumped off it:

 

http://www.youtube.com/watch?v=-M99QbbJMYI

 

 

 

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  • 5 weeks later...

Hi All,

 

The Energy Index is at a strong support level just below Fridays low of 16,574. This level is supported by the high of ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¹Ãƒƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“DÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢ at 16,502, the 61.8% yellow Fib level of 16,509 and the 78.6% level of 16,679 at the green Fibonacci which is of the range from the March ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢03 low to the June ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢08 high. There is also another Fibonacci support around 16,300 shown by the red line.

 

So in all we have a cluster of 3 Fib levels and a high so as a result we should get a bounce or at the least a consolidation around these levels.

 

 

Index constituents are:

 

AOE, AWE, BPT, CEY, CTX, ERA, FLX, NXS, ORG, OSH, PDN, QGC, RIV, ROC, STO, WOR, WPL.

 

Cheers.

 

Note: The chart below is an update of the one posted on 15th June in this thread.

 

post-37-1217116130.gif

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  • 1 month later...

In reply to: Tylergold on Monday 22/09/08 12:02am

traded WPL off long term 50% FIB level from $51.50 to $57.00 thurs-today.. i think it will continue to push up with oil looking like testing $110, weakness in the USD being the catalyst. I'd look to repurchase WPL on a short term pull back to $54.00

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  • 8 months later...

Last Decade: Buy Gold, This Decade: Buy Energy

It's not technically a new decade yet. But if the trade of the last decade was to sell stocks and buy gold, then maybe the best trade for the next ten years is to sell bonds and buy energy. Gas, coal, oil, conventional, unconventional, renewable, alternative. You have a whole portfolio of choices.

http://www.sharecafe.com.au/dreck.asp?a=AV&ai=13195

 

 

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This time around, though, we would add energy stocks to the mix, along with gold. Crude oil climbed to an eight-month high over $70 yesterday. Bloomberg says the weakness in the U.S. dollar is, "bolstering the appeal of energy as an alternative investment." Sell bonds, buy energy. Pretty simple.

 

There is probably some truth to the fact that oil's latest move is driven by investment demand more than, say, demand growth in the real economy. But investors ARE looking for ways to profit from U.S. dollar weakness. Oil is liquid and popular. In the long-run, it's the smaller-than-expected oil supply growth that will drive the market.

 

 

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veeone, still hold gold and copper as in PNA..gold AXM..DOM..TRY ..SBM..SGX and as regards energy, favour coal seam gas as in AOE..BOW..BUL..LNG and waiting funds to get back into LNC. Still have of course BHP and WPL..csg has a great future for generating electricity and making ultra clean diesel cutting down on green house gases and leaving the ground intact. Next stage is uranium and cosolidation is rapidly happenning right now particularly in Namibia , here and elsewhere. Going to be an extraordinary 2/3 years . cheers ..jacsar
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