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Wow, great idea, Matt should let us make submissions and criticisms as well. I would veto any stock that has had more than one RS or more than one name change in the past five years for sure!
imho, Jerome
A net negative week last, and this week? If it is, then the trend is probably changing.
imho, Jerome
>>> Matt, OTC-BB Index...
It would be the OTC-BB counterpart of the S@P 500, AMEX, NASDAQ, Russell 2000 Indexes and one would have to see what criteria were used to build them...
http://finance.yahoo.com/m1?u
http://finance.yahoo.com/q?s=^GSPC&d=c&t=1y&l=on&z=b&q=l
http://finance.yahoo.com/q?s=^RUT&d=t
However, I suspect that all indexes are heavily skewed in favor of the best companies, that have the highest valuations, capitalization and volume...
Out of some 6000 OTC-BB's, I'd say the Index should comprise at least 10 to 15% of them making it the OTC-BB 600 ot OTC-BB 1000...
I suggest you review the Criteria used in the other Indexes and we'll discuss the matter further, as such Index, if widely recognized, would be iHUB's Crown Jewel and would potentially attract a lot of investors...
JMHO, F. Goelo + + +
>>> WEEKLY UPDATE FOR: January 12, 2002 by Bob Bose...
Prior Week in Review:
Financial Market Highlights:
============================
01/11/02 01/04/02 %Change
S&P 500 1,145.60 1,172.51 -2.30%
Dow Jones 9,987.53 10,250.74 -2.57%
NASD Comp 2,022.46 2,059.38 -1.79%
Russell 2000 489.94 499.30 -1.88%
SOX Index 568.89 589.89 -3.56%
Value Line 369.76 378.37 -2.28%
MS Growth 556.92 562.43 -.98%
MS Cyclical 527.86 551.56 -4.30%
T - Bill 1.59% 1.68% -9 BP
Long Bond 5.36% 5.57% -21 BP
Gold - Oz-Near Month $287.70 $279.20 +$8.50
Silver - Oz-Near Month $4.70 $4.65 +$.05
Economic News:
==============
Last Week's Economic Reports Were Quite Positive
Chairman Greenspan's Friday Speech Was Important
Best Bet Remains Recovery Underway By Spring
*Factory Orders in November fell -3.3% - Old News
*November Consumer Credit rose at +14.6% annual rate
*Jobless Claims fell -56,000 to 395,000 - Four Week
Moving Average fell -250 to 410,500
*November Wholesale Inventories fell -1.1% - Sales
Unchanged - Inventory/Sales Ratio fell to 1.30 months
*December Producer Price Index fell -.7% - Core Index -
Without Food and Energy - fell -.1%
In our view, the economic reports last week were fairly
good, even though some members of the Federal Reserve
Board (FRB) think a recovery won't start until Summer.
We're more optimistic, and believe that the important
driver of economic activity, the consumer, is still in
fairly good shape. So, no change to our view that a
recovery will be underway by Spring.
Last week's Consumer Credit Report was incredibly
strong, and in fact was a record gain in nominal terms,
not too surprising, and a six year high in percentage
terms at a +14.6% annualized growth rate. Some forecasters
are assuming that such rates can't continue (seems kind of
obvious to me), but then drawing a very negative inference
regarding future consumer spending. It isn't that simple.
The problem, of course, is that the debt per se, is not
the issue. What counts is the ability to service the debt.
Obviously more debt requires more servicing, but in the real
world everything is not held constant like an economic
model. And, in the current real world, there are some
offsets that make servicing the debt easier.
First, with the start of the year, the Bush Administration
tax cuts are kicking in to lower withholding taxes. For
instance, someone earning $20,000/year would see their take
home pay increase by $30/month. That is not an insignificant
amount given the salary level.
Second, as we have noted before, the drop in energy prices
has had the same impact as a significant tax cut. And,
while our location in Northern Vermont may make us
overly sensitive to the issue, to date winter weather
nationwide has been quite mild, so the savings on heating
costs to date are significant.
And, a third factor is simply the ongoing shift to the
use of credit cards as a preferred means of payment. We
have mentioned this before, and the data simply can not
capture the shift - whether the driving factor is simply
for benefits such as frequent flyer miles, rebates, etc...
or to purchase something online - a rapidly growing
practice this past holiday season. These balances could
all be paid in full, on time, but yet they still are
counted in the month end data.
My point is not to ignore the potential deterioration in
the consumer's balance sheet - it is real, and meaningful.
But, there are mitigating factors in my opinion. And,
while the increased debt servicing costs may dampen
an acceleration in consumer spending, in our view they
will not prevent, or delay, the recovery.
But, some members of the FRB disagree, and believe
that the recovery won't begin for six months, or so. And,
even Chairman Greenspan in his speech Friday was not
particularly upbeat about near term economic prospects.
Again, though, this misses the point for all but the very,
very short term "investor".
More importantly, Chairman Greenspan was, in my opinion,
very upbeat about the outlook for productivity growth,
which is clearly of much greater importance to the investor
than whether the recovery starts in the Spring or the Summer
- more or less irrespective of whether or not he is right
or wrong, although we obviously hope he is right.
This rather long quote from his speech is important.
"Until last year, the hypothesis of an accelerated productivity
trend had not been tested in the contracting phase of a
business cycle. Recent developments have provided that test,
and the early returns certainly look favorable to the
hypothesis." That folks, is about as clear as Chairman
Greenspan gets.
The implications are a) the FRB will be slow to raise rates
meaningfully as the economy recovers, and assuming he is
right b) inflationary pressures will not build, and
higher long term growth rates can be maintained. In short,
the return of Goldilocks - not too hot, not too cold,
but just right could be upon us, with favorable implications
for financial assets.
Obviously we've got a ways to go to get there, but if
productivity trends remain positive, the outlook is indeed
favorable. Stay tuned !
Current Weekly Calendar of Economic Data:
=========================================
Tuesday: Retail Sales
Wednesday: Consumer Price Index, Industrial Production Capacity Utilization, Business Inventories
Thursday: Jobless Claims, Housing Starts/Permits
Friday: International Trade
>>> Dear Claire, I responded by PM... FG
Well, I was literally dying to know about the "super pick", but it seems that I don't count among the mentioned friends......AHHH! This is the last straw, Francois !
Returning from some well-earned vacations, I jumped to my mailbox, just to find nothing from you! Now, I will just have to file ch 7, sipping my last Mouet....
>>> Touts and Bashers, explained.....
http://ragingbull.lycos.com/mboard/boards.cgi?board=SUGG&read=5237
Perspective...
Touters exist. They band together. They abuse the MM system as it is set up. They do not like bashers. They want the share price to go up not down.
The legal definition of a touter is very specific. Only if one is paid to promote and does not disclose it, or they trade against the buying pressure that they have created.
If they disclose it then they can legally tout! Imagine that.
If shareholders wish to be blind to the underlying realities of a stock, that is up to them. They can ignore anyone they wish.
They do not stay on a thread after a so-called "pump". The real players go on to the next one with presumably new alias's.
Bashers exist. They band together. They abuse the MM system as it is set up. They do not like touters. They want the share price to go down not up.
There may be the superhero/poster who spends all their time in an altruistic mission, but it is doubtful that they are all on this mission.
It is an easy claim hard to disprove.
If they were truly altruistic, they would not just say "believe me, I'm super smart and I'm telling you this stock sucks"
They would say "Here is how penny stock manipulation works. Here are specific ways to deal with this type of mis-information. Here are links to financial data, and I will explain my interpretation."
They DO NOT do that, which makes them suspicious to me.
If they are indeed shorters (nothing wrong with playing both sides of the market), then they are JUST AS BAD as the touters that battle it out with them.
They care, not because they want to save people (people they tend to insult), but because money is involved.
The legal definition of a basher is not very specific.
That is because all postings are considered OPINIONS by courts, and that is their out.
It doesn't mean that they don't exist. It just means that the SEC has not found away to stop them yet.
I think that they should be held to the same criteria as touts: If they trade against the selling pressure that they have created, then they should be accountable.
So, you have different groups on RB
The REAL touters
The REAL bashers
The ENTHUSIASTIC shareholder
The CONTRARY non-shareholder
And the people who get the above descriptions confused.
They think an enthusiastic shareholder is a professional tout, so they base their response on a fiction created by their own minds, and bash, to "even things out", while the real touter is on another board with the real bashers.
The real problem is that they have people buying and selling for the wrong reasons across the boards.
Not very helpful really.
I have never seen anyone come back and thank or blame a specific touter or basher.
So, all those feelings and battles and every other mis-guided rant and rave were for naught.
It's sad really.
Throw in a MM system that can be manipulated and it only adds to the confusion.
ADVC, seems in a correction now, I think .22 is the support, NITE still on ask side, but lets it go with stronger volume. Company says that they were going to release important news with timing of the article to come out(see ihub ADVC thread, 1st post for article), that means this week, so.... I think it will be the worldwide rights for reselling of Spectrucell.
imho, Jerome
>>> DD, you sure seem to have picked...
the Low @ 19.5 cents for ADVC... Which are the best threads for OTC-BB trading, here on iHUB?...
I'll soon be able to disclose a "super-pick", still trading at a big discount to cash to friends and family by PM's and e-mails...
FG
I could not bring myself to returning to SI, besides, a lot of the good OTC traders I know post here, so I'll stay, I think the full text search is coming back here at some point.
ADVC looks ripe for a breakout, but NITE is still sitting on it. It's a block of unrestricted shares, 5M that came free in Sept, which is hitting the mk't, looks like they shorted off of it, and now are covering while selling the block to the mk't. I'm not sure how far a long they are, I would guess, by looking at the volume since mid sept, that they have less than 1M to go.
imho, Jerome
>>> DD, RB has become an unbelievable Eyesore...
with NONE of the potential improvements, such as an Edit facility for a few minutes after posting, it could have made... Text search also seem to be gone, like on iHUB and really, by far the best and most user-friendly Site remains SI...
FG
I think I'll hang out on IHUB now, RB is a real eyesore with the majority of space in ads, and the format as maligned as it is.
imho, Jerome
>>> Economic Recovery on the Way...
WEEKLY UPDATE FOR: December 8, 2001 by Bob Bose...
Prior Week in Review:
Financial Market Highlights:
============================
12/07/01 11/30/01 %Change
S&P 500 1,158.30 1,139.45 +1.65%
Dow Jones 10,049.46 9,851.56 +2.01%
NASD Comp 2,021.24 1,930.58 +4.70%
Russell 2000 481.21 460.78 +4.43%
SOX Index 571.74 518.95 +10.17%
Value Line 366.97 354.18 +3.61%
MS Growth 556.67 550.21 +1.17%
MS Cyclical 536.63 523.70 +2.47%
T - Bill 1.65% 1.73% -8 BP
Long Bond 5.60% 5.27% +33 BP
Gold - Oz-Near Month $274.70 $274.90 -$.20
Silver - Oz-Near Month $4.27 $4.16 +$.11
Economic News:
==============
Last Week's Data Big Improvement From Prior Week
FOMC Still Likely To Take Out "Insurance" This Week
Support For Our Long Held Recovery View Strengthens
*October Personal Spending rose +2.9% - A record
But almost all the gain was in autos
*Personal Income was flat in October
*October Construction Spending rose +1.9% - Nice gain
*November's National Purchasing Managers' Index rose
To 44.5 from October's 39.8
*Jobless Claims fell -18,000 to 475,000 - Four Week
Moving Average rose +5,750 to 460,750
*Factory Orders rose +7.1% - Large "snap-back"
*3rd Qtr Productivity growth revised down to +1.5%
Still not bad given negative GDP for the quarter
*Univ. of Michigan Consumer Sentiment 85.8 - See Below
*Consumer Credit rose $7 billion in October
*Labor Department Report for November
- Unemploymnet Rate rose to 5.7% - up +.3%
- Nonfarm Payrolls fell -331,000
- Average Hourly Earnings rose $.05/hr to $14.52/hr
- Average Workweek increased +.1/hr to 34.1/hr
As noted above, last week's economic reports had a much
more upbeat "tone" than those of a week ago. And,
for us, we were particularly pleased to see that the
Univ. of Michigan Survey did not confirm the weakness
from the earlier Conference Board report. As longer term
readers know, the consumer reports are very, very
important. And, while the Labor Department Report is
also important, it must be remembered that labor market
conditions are a lagging indicator. So, a good week.
Because car sales had already been reported, and as they
are a major component of retail sales, it was a
"no-brainer" that October Retail Sales would be a huge
number. What was a pleasant surprise, though, was that
even though most of the gain was auto related, most is
not all, which to us is a minor, but, important distinction.
Auto sales remained strong in November, but the anecdotal
evidence of early holiday sales implies a soft selling
season to date as most of the major retailers are reporting
comparable store sales gains at the low end of projections.
However, it is too early to "write-off" the season because
November was a very warm month, particularly in the
Northeast, so winter clothing sales were unusually soft.
Another key report last week was the National Assn. of
Purchasing Managers' Survey. Not only was the gain
quite large, but it too did not confirm weakness of
a prior report. And, while we normally don't comment on
it, there is a separate Purchasing Managers' Index for the
service sector, which rose a huge 10.7 points from October,
and now is above the 50 level - at 51.3, implying expansion.
And, as we have often noted, the details of some reports
can be important. In this case, the Univ. of Michigan
Survey also has a subindex for expectations, much like
the Conference Board Survey. Expectations for early
December rose to 79.3 from 76.6 at the end of November.
By itself, this is not a big deal. But, remember that
the Conference Board's expectations index also rose even
as current sentiment weakened, so it appears that consumers
are feeling better about the outlook for next Spring.
One final point is that you don't need to believe me, or
my outlook - I've got a lot of company now. Just look at
the bond market. The yield curve is steepening quickly,
very quickly. A steep yield curve, that is a big difference
between short and long rates, implies an economic recovery.
Just go back through the last several newsletters, and subtract
the IRX (listed above) from the TYX (also listed above).
The difference supports our view for a Spring recovery.
Clearly the recent reports were much better than the
prior week's numbers, and even the downward revision in
third quarter productivity is still a pretty good number
and should not dissuade the Federal Open Market Committee
(FOMC) from cutting rates one more time. Not a sure thing,
but our best bet is that they will lower rates by one
quarter of one percent, and remove the bias toward further
rate cuts with some sort of statement that the economy
appears to be bottoming out.
Overall a pretty good week for economic reports, and a
very good week for the stock market. Stay tuned !
Current Weekly Calendar of Economic Data:
=========================================
Tuesday: FOMC Meeting
Thursday: Jobless Claims, Producer Price Index, Retail Sales
Friday: Consumer Price Index, Business Inventories, Industrial Production, Capacity Utilization
>>> Anatomy of a 46' Offshore Power Catamaran...
http://www.geocities.com/seageme/Offshore_Powercat_46.html?1007520842127
This is Hull #2, that should hopefully make it to the Miami Boatshow in February...
Please, note the narrow entry, deep forefoot; 3' high bridgedeck clearance to avoid slamming; narrow beam on the water line; wide knuckle some 6" above, to deflect spray, provide additional bouyancy and adequate room inside the hulls; keels that extends aft and fully protect the Propellers and Rudders, giving 3'2" draft; fore and aft stiffening stringer that runs the length of the bridgedeck; wide Radius connections between bridgedeck and hulls... and the harmonious lines....
This non-planning/displacement hull slices through the water quite efficiently, with a very soft motion and flat trim... It is capable of about 25 knots, using approximately half the power required by a planning monohull, say twin Yanmars 230 Hp and can cruise at 16 knots, getting around 2 to 2.5 miles per Gallon... 1000 gallons fuel would allow Transatlantic range with the usual stops in Bermuda and Azores...
http://64.43.100.36/FRAMES45.HTM
With an 18'6" beam, the cockpit is huge at 10' x 17" and the salon is some 15' x 17', with panoramic 360 degree visibility, whether seating or standing... It includes full galley, large settee/dining, Nav/piloting station and entertainment centre, without forgetting the cellar for the Mouette...
Down in the Hulls, up to 4 spacious double cabins and 2 Heads are easily accommodated, leaving plenty of space for a Utility-room/workshop... At anchor, the design provides a perfectly stable platform, not affected by the usual wave induced rolling and there is a comfortable Flybridge to complete the picture...
This is quite an exciting project, bearing in mind, that there are so many advantages to this Formula, that I expect the displacement Power Catamaran to become a very popular design in the US....
FG
>>> Decent cruising boats have never been so cheap...
Here is a steel one, like Bill likes...
http://www.yachtworld.com/broker/br_listing_detail_handler.jsp?company=caraibeyachts&boat_id=807...
... and another bigger one with shallow draft...
http://www.yachtworld.com/boats/view_more_boat.cgi?company=must&url=&boat_id=892856&alig...
>>> Bill, a Bargain 48' Pilothouse Cruiser in Oz....
http://www.yachtworld.com/broker/br_listing_detail_handler.jsp?company=bosuns&boat_id=740776&....
The Tasman/Samoa is a nifty Van de Stadt design that sails well, if you don't mind the draft... I prefer the lay-out shown in this designers plan, to the one of the boat for sale... Aluminum boats are usually custom made for the specific purpose of long range cruising and come fully equipped...
http://www.stadtdesign.com/images/products/429_inr.gif
And, here are another 2 good ones: due to the low Assie Dollar, prices are very reasonable over there...
http://yachtworld.com/listing/yw_listing_detail.jsp?checked_boats=891622¤cy=USD&units=...
http://yachtworld.com/listing/yw_listing_detail.jsp?checked_boats=777024¤cy=USD&units=...
FG
>>> DD, Nokia: NOK...
FG, what was that you were buying around 15?
imho, Jerome
>>> Variations on Cows...
http://ragingbull.lycos.com/mboard/boards.cgi?board=SEVU&read=44775
>>> Claire, nice Taiwanese Trawler...
that reminds me of a Wellcraft Californian 44' I used to own, as part of a Water Sport Business, similar to this one...
http://www.google.com/search?q=cache:EG23wfi94oQ:amyachts.com/inactive%2520boats/shorepatrol/shorepa...
It's the same concept: Aft cabin, stern cockpit and sun-deck, but yours looks less boxy...
It's time I start posting photos of Hull #2 of the 46' Power Catamaran under construction for the Miami Boatshow... The Flybridge mold is just finished, ready for shipment to the Builder...
FG
Not sailing but cruising around is quite a souvenir......
I know the real sportmen don't want anything to do with motors, but they can be revealed useful, in case...
http://www.geocities.com/claire_anne/florida.html?1005542202490
>>> Cabos Tacos 38' Piver Trimaran under Spinnaker...
http://www.geocities.com/seageme/Trimaran.html?1005508829252
>>>> China is now in the WTO...
http://www.cnn.com/2001/WORLD/asiapcf/central/11/10/china.WTO/index.html
I expect Chinese stocks listed on US Exchanges to react favorably over the next couple years, while the Western economies are mired in recession and the fight against terrorism...
China's GDP grows at about 7.5% yearly and has 1.3 Billion consumers with a very high saving rate...
FG
The Conch will do, Francois, as long as the Mouette doesn't become too ubiquitous in the minds and too far away in the reality....I ate too many lobsters, as they are eay to catch and to prepare, but I love conches, well prepared, with any good recipe....
Please don't tempt me more...!
BTW, Sure was a good call, at the time you bought...
Regards,
Claire
>>> Bob Bose: WEEKLY UPDATE FOR November 3, 2001...
Prior Week in Review:
Financial Market Highlights:
============================
11/02/01 10/26/01 %Change
S&P 500 1,087.20 1,104.61 -1.58%
Dow Jones 9,323.54 9,545.17 -2.32%
NASD Comp 1,745.73 1,768.96 -1.31%
Russell 2000 433.07 438.65 -1.27%
SOX Index 489.44 480.74 +1.81%
Value Line 330.89 337.19 -1.87%
MS Growth 541.23 543.01 -.33%
MS Cyclical 481.39 488.78 -1.51%
T - Bill 1.95% 2.10% -15 BP
Long Bond 4.95% 5.27% -32 BP
Gold - Oz-Near Month $280.80 $278.30 +$2.50
Silver - Oz-Near Month $4.11 $4.22 -$.11
Economic News:
==============
Economic Reports Last Week Were Uniformly Ugly
Many Are Lagging Indicators - But Not Confidence
Best Bet Still Recovery By Spring - But Risks Increase
*October Consumer Confidence tumbled to 85.5 from 97.0
Very, very sharp drop - Not Good - See Below
*Chicago Purchasing Managers' Index for October 46.2 -
Modest decline from September's 46.6
*Early 3rd Q GDP Declined -.4% - Less Than Consensus
*September Construction Spending eased -.4%
*October Nat'l Assn. of Purchasing Managers' Index 39.8
Large fall from September's 47.0
*September Personal Income Unchanged - But Personal
Spending drop a huge -1.8%
*Jobless Claims fell -10,000 to 499,000 - Four Week
Moving Average fell -9,000 to 497,250
*September Factory Orders fell -5.8%
*Labor Department Employment Report for October
- Unemployment Rate jumps +.5% to 5.4%
- Nonfarm Payrolls drop 415,000
- Average Hourly Earnings rose $.02/hr to $14.47
- Average Workweek falls -.1% to 34.0/hr
There wasn't any good news in last week's official
economic reports. About the best that can be said
is that some, like labor market conditions, are
lagging indicators. But, consumer confidence is not,
and the sharp falloff is cause for concern. One
report does not make a trend, and there are some
mitigating factors. But, risks to our forecast for
a recovery beginning by Spring have increased.
As most of you know, the consumer drives approximately
two thirds of economic activity. We have long
believed that if the consumer has the wherewithal and
confidence, then spending will be maintained at rather
solid levels - what economists refer to as the "income
effect." Both parts of that equation took a hit
last week.
Our concern is not so much with personal income as there
are mitigating factors, but with the sharp falloff in
consumer confidence. Clearly such a sharp drop can be
the beginning of a trend, but it is also possible that
the data is misleading.
Prior confidence/sentiment reports did not imply a further
deterioration to the downside, but in fact some stabilization.
Since then, the war effort has not produced any quick
"victory", which some might have expected. And, in my
opinion, the media has "worked" the anthrax attacks to a
fevered pitch - more Americans died on the highway last
night during a one hour commute than have died from anthrax.
The combination may be taking its toll.
But, as we noted last week, auto sales are at incredible
levels, which simply doesn't "square" with a very sharp
drop in consumer confidence. Obviously cheap financing
is driving sales, but one doesn't make a major purchase
without confidence about the future. So, perhaps last
week's report overstated the decline, or is simply
reflecting a volatile mood swing among consumers. My point
is not to dismiss the data, but not to accept it at face
value. Clearly risk has increased, and consumer related
data needs to be monitored closely.
However, there are a few other points worth noting. Gasoline
prices have fallen dramatically, essentially producing the
equivalent of a modest tax cut. And, the United States
Treasury has eliminated the sale of the thirty year bond.
Although I am not yet convinced that the latter is a good
idea long term, near term the announcement drove the entire
yield curve lower. And, mortgage rates will follow.
Then there is the Federal Open Market Committee (FOMC)
meeting this coming week. A rate cut is about as certain a
bet as one can make, with the only topic of discussion
whether it is a quarter point or another half point. Our
preference would be for the former as in our view much of
the economic adjustment (i.e. inventory reduction) has
already taken place. But, my best guess is that the FOMC
will adopt a half point cut - no price pressures, and a
sharp rise in the unemployment rate.
In any case, the risks of a more protracted recession have
risen because of the sharp drop in consumer sentiment. Granted,
sentiment can shift quickly in a volatile situation, and one
report does not a trend make. Our view is still for a recovery
to begin by Spring. Unfortunately the economic data now
appears to be as volatile as the markets. Stay tuned !
Current Weekly Calendar of Economic Data:
=========================================
Tuesday: FOMC Meeting
Wednesday: Consumer Credit, Wholesale Trade
Thursday: Jobless Claims
Friday: Producer Price Index, Housing Starts /Housing Permits
>>> Hi Claire, please, post all the photos...
you like, particularly those you once posted on EXHIB... However, I give up on the location depicted in your post...
Unfortunately, I only catch pelagic fishes as a by-product of sailing while being hungry, as I hate dragging lines behind a powerboat... I'll see if I can get you some Conchs or Lobster to accompany the ubiquitous Mouette...
FG
Well, I accept the offer with great pleasure ! Please, send them fresh, on ice, for next day delivery....
I will post my comments on the delicacy of the taste, freshness, etc... as soon as they will be consommed....
May I peak in?
http://www.geocities.com/claire_anne/boating.html?1003963664850
>>> Bill, reaching under Spinnaker...
You have one on board with sock and it's one of the most useful sails for trade wind sailing... It virtually pulls the boat and makes the work of the auto-pilot much easier... The shoulders - in the case of a symmetrical spi - will help control the usual rolling, when running downwind...
http://www.geocities.com/seageme/Spinnaker_reaching.html?1004677876672
It's easier to set on a catamaran, as no pole is needed, but once your pole is rigged on a monohull, most of the hard work is done... I got my heavy displacement monohull doing 12 knots, once under a storm spi that I had bought from a bigger boat... When the autopilot started to have trouble holding course, I finally snuffed it down, but it was an incredible ride while it lasted...
Tension on the sheets must have been huge, as the stainless steel rings to which they were attached, had become oval...
FG
>>> Bill, it's a good cruising design...
that should have a very seakindly motion, but it'll be a 140/150 miles/day boat... I did a conceptual design for a 44' boat along these lines, but the Pilothouse was longer and contained the galley, opposite the dining table and the Displacement was around 10.5 tons... Average cruising speed would have exceeded 200 miles/day with minimum effort...
The boat also had a modified Aerorig, with all the lines leading inside the mast coming back to a large electrical winch inside the Pilothouse and shallow draft of approximately 3 feet, thanks to a pivoting keel, that moved the ballast weight aft to sail off the wind with minimum wetted surface and optimum trim...
In the end, as I had no time to develop the 2 concepts for mass production, I opted for the 46' Power Catamaran with 2,500 range at 16 knots, since it had by far the largest potential market...
FG
>>> PK, where do you find shares...
to borrow to short SURE?... The stock is shorted to the Gills and my Broker can't find any...
FG
>>> Sailfish steaks anyone?...
http://www.geocities.com/seageme/index.html?1003737279984
Now shorting SURE. Looks like EKNO is running again today.
http://www.otcbb.com/asp/quotes.asp?Quotes=EKNO
http://ragingbull.lycos.com/mboard/boards.cgi?board=EKNO&startfrom=11
http://biz.yahoo.com/n/e/ekno.ob.html
Penny King Holdings Corporation, a Delaware Investment Holding Company.
Back to the subject matter
Per the request of FG, here is the link to my new home, courtesy of the TWTR buyout of SUND.
http://www.marquote.com/boatsforsale/sailboats/patton/fullspec.htm
I look forward to picking up tips on this board.
Good Luck All!!
Bill Branum
>>> Jerome, such a large S8 doesn't look good...
for the total outstanding and I don't really trust Terry Wong, either... He gave me a bunch of BS at the time I was still following the stock...
JMHO, F. Goelo + + +
I'm not sure about the O/S, with this filing:
http://www.pinksheets.com/quote/filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0000912057%252D01%252D5...
It looks like alot of share transactions are ongoing, have to wait until it settles down to take a look, and see if there will be a RS.
imho, Jerome
>>>> War on Afghanistan...
Latest comments from your correspondent abroad....
The United States of Mid-North America seem to have managed what the Taliban was unable to do, that is unite all their fractious parties and provide them with a common Goal: fight the "Great Satan"...
In fact, a good portion of Muslim World may soon support their Taliban Brothers, in spirit and even deeds, as shown by the approximately 100,000 Pakistanis on their way to join the 45,000 Taliban fighters for the "Holy War" against 25,000 fighters for the Northern Alliance and the planned deployment of some 300 US Rangers...
In the recent past, Taliban was willing to release bin Laden and his top aids for trial in a third non-aligned country - Switzerland comes to mind - presumably under similar Laws used for Milosevic... But the "we'll smok'em out, NO Negotiations" Crusader wasn't interested to hear about it... If that option is still available, he may well have to use it, as historically, Afghanistan has never been defeated and it has never been so well armed and determined...
By the time the Ramadan comes around, it's to be hoped that the Crusader-in-Chief will have understood that it's a NO-Win situation for the US and swallow his pride... While, we object to the way the Taliban treats its women, it's really none of our business... If the training camps are destroyed and remain so and the top management of Al Qaeda surrendered for Trial, most of the objectives of the US would have been achieved...
A good thing about the Taliban: they had recently declared illegal the growing of poppies for the Heroin drug trade and one can only guess how savagely this would be enforced...
JMHO, F. Goelo + + +
>>> Jerome, selective shorting, like QQQ...
and a few long shots related to current events, like VSR+18% today, are the only prudent bets I can see... GTCI must have way too many unrestricted shares not too cause a 1 for 3 or 4 reverse split, since those shares will become the new float of the resulting entity, which shouldn't exceed 5 million shares...
http://www.investorshub.com/boards/board.asp?board_id=815
BTW, nice Header, but I don't see the number of shares outstanding...
JMHO, F. Goelo + + +
FG, you may inspire me to take that scanner I bought this spring out of the box, lol. I will add those to my watch list. GTCI had news out today. It is at a very attractive price for the sinobull RM, provided that they don't rs the stock. I made a few calls today, and there is some moving around of shares, so it could move soon. Tough to bet on anything in the OTC right now though, easier to just jump aboard a naz or blue and set a sell limit, moving it up with the move, and clipping a 5-20% profit.
imho, Jerome
>>> Tony, you can also sail on ICE...
in Canada, without the risk of becoming seasick, but if you spill, you might get seriously bruised...
Just make sure you have a nice and cosy Pilothouse, if you go at sea, as cold, wind, spray and exposure to the elements in general is what makes a crew tired and seasick...
FG
>>> Bill, you should post the Link to your Boat,...
as it's a good cruising design, even if I don't go for steel, due to constant maintenance and I'd prefer a draft of no more than 5' for a monohull...
This boat will be slower but much easier on you, motion and worry wise, than a catamaran, which I don't recommend for short crews... To efficiently and comfortably sail a catamaran, at least 3 knowledgeable and alert sailors are needed on board...
The main concern with a short-crewed Catamaran, is to be over-powered by a squall, at night and to flip the boat... That's why mine had escape hatches on the forward inner topsides...
FG
Hi Frank,
I just found out that we can go sailing in CANADA!!!
We do it during the summer when the igloo's melt!!!
http://www.sailing.ca/intro.shtm
I'm going to try, but I get easily sea-sick.
Anthony
>>> Bill, I have never done the course,...
so I wouldn't know, but if they teach seamanship, the Rules of the Road and some navigation, you can't go wrong...
The best in your case, is to hire an experienced captain to go along with you for a while, until you feel comfortable... You have to learn it all, including maintenance and it's a broad subject...
Reminds me of this one: I had a Groco marine toilet that kept on destroying its rubber diaphragm, till I run out of spares... I found a heavy duty inner tube, cut 2 identical pieces that formed a section of hemisphere, due to the natural shape of the tube, glued them double thick with contact cement, punch the various screw holes and mounted it back in place...
It worked like a charm for the rest of the cruise, providing a nice solid feel to the pump handle... BTW, prepare to spend more time fixing toilets than anything else on Board...
FG
Question for the board.....
As a new owner of a "world cruising worthy" sailboat, and not not knowing anything about what I'm doing, is the USCG aux courses worth taking?
Bill
>>> Jerome, that's the whole idea...
Hide a few Stock picks in a subject few people follow and the Shorters won't notice... I like CRYP, TRAC and NOK also, even though CRYP might still pull back a little...
Scanning pictures sure is a bunch of Fun and brings back a lot of memories... Might have enough material for a book, if there is enough interest... Hurricane Klaus was scary enough, but the Coast Guards were even more scary...
After my Yacht got damaged and I ask them to come alongside and pick up my crew, since I wasn't sure that the rest of my anchor gear would hold even with the engine running, they told me to outfit them with life jackets and throw them overboard... No need to mention where I told them to go...
JMHO, F. Goelo + + +
Nice move by SURE, from 5 to 16, might have a gap to fill at 9, where I will look for an entry.
FG, amidst your thoughts on sailing, continue to post what you see moving, and your stock picks, for sure!
imho, Jerome
>>> Hurricane Klaus caused $150 million worth of Damages
in St Thomas in 1984, sinking an estimated 200 boats anchored in the Lee of Water Island and in Charlotte Amalie's Harbor... Having started as a Tropical Storm, just South of Puerto Rico, it came upon the Virgin Islands, virtually without warning, leaving no time to seek shelter in the usual Hurricane Holes, such as Culebra Island...
http://www.geocities.com/seageme/Hurricane_Klaus_Water_Barges.html?1004034751914
Several Water Barges broke lose from their mooring in the lee of Water Island and crushed a number of boats, that weren't able to get out of the way in time. The chain on my anchor gear was buoyed and ready to let go, which allowed me to retrieve it later, while escaping the Barges...
FG
>>> Of course, Claire... It's meant to be educational....
for those who have some curiosity about long range cruising and the tricks of the trade (winds) and will be a good place to discuss, for instance, the advantages of not being a US Citizen, living in the United States of Mid-North America, but an American, living somewhere on the rest of the American Continent or its associated maritime Shelf...
I might mention the odd stock from time to time, like SURE bought at around $10.00, a couple days ago, after viewing a discussion about it on CNN... Looks like its technology is going to be used to render safe from Anthrax, all the US Mail... SURE is currently @ $15.41...
As for the naked body, sorry about the shock it must have caused and my Daughter really came handy, so to speak... I have to re-scan it, as I screwed it up the first time around and replace Gore by Mickey Mouse... I remembered Mossad, but forgot the KGB, thanks...
Regards, FG
My, My !!!
I went out of the boards two or three days, and when I come back, here it is......"The naked body of FG !!!"
I immediately forwarded this precious document to my long-time friends of the KGB, in order to get proper identification....
Francois, I am sure your thread will attract new admirers very soon...BTW, are the non-sailors, but simple boaters accepted also?
>>> Thanks Jerome, I would have voted for myself, too,...
had I been a citizen of the United States of Mid-North America at the time... Bng is from the United States of Upper-North America and if there is a Mexican reading this, Please, let me know...
FG
Hey man, I voted for you! And you won too!
imho, Jerome
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