Smazz

Im not saying this in a cruel way but with some respect the real Micheal Jackson passed along time ago for me.

you def have bigger cohones than I. I wouldnt go near that stuff.

Michael Sellers would famously disagree :-) http://www.beearly.com/pdfFiles/Sellers24102004.pdf "And the reason is that it doesn’t much matter what your IQ is, or how many books or magazines or newspapers you have read, or how much experience you have, or will have later in your career. These are things that many people have and yet almost none of them end up compounding at 20% or 25% over their careers." He wouldnt be the first that disagreed with me

Well then ORH should be good for the 2pt at these levels also! ;D

no one ever went broke taking profits. ;)

There is no substitute for experience. Its not so much a matter of intelligence as it is the psychology of investing. Certainly some have it right from the get go but many aquire it. Experience coupled with intelligence and the proper frame of mind and learning from mistakes. This may be why Buffet states: Investing is simple but not easy. Like life itself, investing is all about How you react when things happen that you did not think would happen because it will happen.

Sanjeev, I dont live there but I wouldnt speculate in that area of housing. Really, all in IMO its not worth it. There was a realestate thread on here a while back - I wont duplicate what I or others wrote there but the downside would be magnifide from the general points that were made in that thread. Smazz

Hey Sanjeev, in your Admin rights you should have something at the bottom of your page where you can make this thread a "top". So everyone sees it all the time. Thats what I do on my forum for stuff like this.

Yes Eric that was definately the communication that came out from Prem after the horrendous hurricane seasons. I thought I remembered it as tied to what they could achieve on realized gains but could be wrong.

what happened? I didnt know he left!

That's not helping though. All the google ads on the board need to be clicked to pay out anything, so if everyone just gets really good at ignoring them, you suck up with those ads (may even see more coming in order to meet target :-)) but not helping a dime. So, great! Some of you can ignore them and those that want to help the site out will click on them. Hows that work?

I'll be honest, I go on so many forums im used to ads. You learn to ignore them after a while. Be patient, you'll get used to them. Trust me, getting used to the ads is easier than getting used to me ;D

Ads = Capitalism! Go for it Sanjeev. Im sure when it gets too much/too busy we will start squeeling ;D

I want a part time job as a weather forecaster!!!!!!!!

I dont want to tell you which is my team but a hint is they havent won since 1967 :'( though I did have a beer and pizza while watching the Pens/Wings tonight. Great game. Should be an "interesting" hurricane season no matter what happens.

IMO, this is one of those "not a matter of if but when scenarios". We cannot have all the turmoil we have been going through and also have sufficient capitalization to meet demands of this industry. I think we may see the pot start to percuolate a bit. If so, should be in for some interesting times. Oh, for some reason I had a prob opening up your link Gaf, this is another: http://www.ft.com/cms/s/0/a2ec23ee-4e44-11de-a0a1-00144feabdc0.html?ftcamp=rss

There has to be a magic bullet price/$ratio once stripped out the speculation because as you have mentioned, pull on one lever, another goes up and vice versa. In CAD$, Oil/Gas goes up, Mfg goes down. The question is, what is that ratio? We just cannot get into lukewarm water here for whatever reason in the markets. It seems as soon as you get some consistency, you get a flood of speculation. From my experience, it has been easiest to stay on the sidelines until we have a mania situation (which seems is all we have anymore) and get the hell on the other side of the position and wait again.

there is also a good saying along those lines: "the more I practice and learn, the luckier I get" give yourself some credit - I know I do! ;D

what would be the transmission there Alert?

ok yes, at first I thought you were just flip flopping back and forth like crazy- thats why I asked because those one or two pts add up. Yes, I did a similar thing - my biggy was when the CAD$ was (from my evaluation) way over value and ORH was the opposite so I had to be 50% wrong to break even. Worked out great for me too - Im now looking at this area closely again. Thanks Al.

sorry Al, I think you lost me. Are you talking about transfering the Currency or just holding US$ in your CAD account and vise versa? Youd still be getting dinged on the currency swap yes?

Black gold. Me thinks they should tax the hell out of the Oilsands (more than currently) and send all proceeds to the east! ;D

when you are talking about an insurance company which is really an investment company loaded with risk, you really have to know you are buying the management - not just present but past as well. I would stay away - I looked at this first around the millenium (00-02), I couldnt find reasons then that would compel me to buy and its just gotten worse from there.

not legally allowed - unless you have enough margin I believe. If you dont have the margin or the equity, you prob shouldnt be doing it anyway.

with all due respect, when you are dealing with derivatives not as a hedge, it is purely speculation so - if I were you, if youve made a profit, take a profit.