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sure can't see the fascination for BRCD...capped @ 4.6 and refusing to follow the PM market push. It's a broken puppy and wouldn't be surprised to see it back to 4.4 by tomorrow's close...been dead money for many weeks.
Sandy 1/02/03
My enter of 4.50 looking very good, some broken puppy huh!<vbg> Up 20% in 4 days, tomorrow will be even better.
Ahhhh. Watched the Enron show at prime time. They left all the good parts out. Only if they would have talked to anyone on SI or Ihub. Then the show would have been fun to watch.
I think he can pick individual stock with his 401k. Mutual Funds don't get the pop he get.
best year ever for my 401K. Up nearly 20%.... Now if you paid commissions the gains would not be so high. Congrats on the trading.
Gold finally over 350.00 and silver on the move. May some news is out that we don't know about yet. We shall find out soon enough.
BRCD holding up very nicely. Finally time to shine.
BRCD is pulling back some (the volume is low on pull back... MM way of trading) but I expect a major break out. I am about to double up on the pull back.... providing the Nasdaq moves up. If not then I will wait for double up.
At this point Gold is off my radar. It need to break 350.00 for my interest.
BRCD ready to rally up. All the indicators say yes. In 4.50
I bet all the bankers fight over who get the account for the pension money.
Earnings `Time Bomb' Looms in U.S. as Pension Fund Losses Mount
http://quote.bloomberg.com/fgcgi.cgi?ptitle=Top%20Financial%20News&s1=blk&tp=ad_topright_top....
mlsoft....I find this Quote interesting (thanks for sharing article):
General Electric Co., the world's largest company by market value, reported pension fund gains of $2.1 billion for 2001, or 11 percent of the company's pretax profit of $19.7 billion.
Lost $2.9 Billion
Difficult to find in GE's annual report was the fact that the company hadn't gained $2.1 billion from its pension investments that year; it lost $2.9 billion.
GE spokesman David Frail says the company reported the pension gain according to FASB rules. ``It's not hard to spot the loss,' says Frail. ``It's on page 72, in footnote six.'
Made two post about VXGN and no one responds. The stock moved from 17.88 to 19.50 and closed 19.01 on good volume. Plenty of chances to enter at 18.00 until after lunch. I guess no one cares to converse about during trading hours. I guess I will just trade and don't post.
VXGN has 42% float short. If any good news comes out about the Aidsvax this stock could be great gainer.
Vaxgen aids vaccine trials is about complete. 5 million float and if good news comes out VXGN will move. Paul Allen been selling millions of shares, but the chart looks good. Maybe I will get some calls. Also DNA could move since it has the first rights.
The Headline in the JOBS sections says " Make most of out-of-town job search".
Not a very good heading for wantad section.
Energy-starved Japan faces massive blackout
http://straitstimes.asia1.com.sg/asia/story/0,4386,163382,00.html?
TOKYO - Japan could face an unprecedented blackout if nuclear plants, which suspended operations following an atomic cover-up scandal, remain closed next year, experts said.
Fears of a power shortage have triggered a rare campaign to save energy.
In a bid to weather a winter peak in electricity use, the government and Tokyo Electric Power Co. (Tepco) launched a historic emergency campaign earlier this month, unseen since the country's 1973 oil crisis.
The world's largest private electric power company will ask 10,000 corporate clients to save electricity by lowering temperatures in heating systems and switching power off in unused rooms.
'Our biggest concern is a serious cold spell, which would make demand for electricity shoot up,' said Mr Toru Ueno, a Tepco spokesman.
'But we are still confident we can avoid a large blackout and overcome the winter peak in electricity demand, which usually lasts until March.'
Prime Minister Junichiro Koizumi's administration has ordered all ministry and government agencies to conserve electricity, while the Energy Agency will mount banners on its buildings asking for public cooperation in energy-saving.
Tepco said earlier this month it would consecutively suspend power generation at its 17 nuclear reactors for emergency inspections after admitting to falsifying safety records at nuclear plants since the late 1980s.
Former president Nobuya Minami resigned in September over the scandal and Tepco carried out an in-house investigation in efforts to regain trust from residents living near nuclear power facilities.
The firm, which has already stopped operating nine reactors, aims to use other types of power generators to make up for the drop in nuclear output, which accounts for 44 per cent of its total supply.
Despite its efforts, Tepco's electricity surplus has trickled away and is expected by March to taper off completely if the suspension of operations at nuclear reactors continues.
'We forecast Tepco will barely manage to survive this winter if there is no accident,' said Mr Hiroyuki Sakaida, utilities sector analyst at Lehman Brothers.
'But a real problem may come in the summer.
'If full suspension of nuclear reactors continues until summer, Tokyo will experience an unprecedented blackout for sure. Electricity in Tokyo is fully dependent upon how swiftly the firm can finish inspections.'
Irrespective of the continued troubles with Tepco's nuclear reactors, the government is still heavily dependent on them because of what they say is Japan's lack of natural resources.
The nation's last nuclear disaster was in 1999 when two people were killed and 400 others exposed to radiation in a uranium processing accident in Tokaimura, north-east of Tokyo.
It was the world's worst nuclear accident since the Chernobyl crisis in 1986. --AFP
Things not looking good in my town. Out of population of 4 million the Sunday newspaper only has 9 pages, front to back of want ads (with large fillers to boot). This has been going on for months. I will know when we are in true recovery stage when the employments section increases.
Who knows. But just the action is enough to get JPM scurring for cover.
Gold Reserves Looted from Venezuela's Central Bank
http://www.militaresdemocraticos.com/denuncias/en/20021228-12.html
Uncertainty over the whereabouts of Venezuela's national gold reserves and who controls them.
Want to know if Venezuela still has any gold reserves left? Then don't look for it in the country's Central Bank anymore.
Central Bank (BCV) gold reserves have been trucked to the Caracas Fuerte Tiuna army garrison under armed escort by loyalist military officers who support strongman Hugo Chavez in his refusal to allow free and democratic elections.
Garrison commander Jorge Luis Garcia Carneiro, a military officer still loyal to Chavez, has refused to give precise figures of how much gold his men took. He claims, however, that at least ten metric tonnes (321,500 troy ounces) of gold bullion currently remain under his heavily-armed 24/7 control in Fuerte Tiuna, and that the order to remove it from the Central Bank came directly from Hugo Chavez himself.
The lack of precise numbers makes it difficult or impossible for independent controllers to verify the government's accounting if the gold is ever returned.
Immediately when the gold was moved to Fuerte Tiuna, Hugo Chavez and three of his cabinet ministers also moved there, and now sleep permanently in lodgings in the Circulo Militar, within the protected perimeters of the garrison.
International credit rating agencies are now expected to downgrade Venezuela once again, as chaos in the Central Bank and the uncertainty of the country's gold reserves reveal the true state of affairs in the country's increasingly desperate Chavez government.
Preliminary data released Dec 27 2002 by the Venezuelan Central Bank showed that the country's economy contracted by an estimated 10 percent to 12 percent in the fourth quarter of 2002, the largest quarterly drop in the past 50 years.
800,000 jobless Americans to lose aid
http://www.usatoday.com/money/economy/2002-12-28-unemployment_x.htm
WASHINGTON (AP) — Already facing a sputtering economy and slow hiring, nearly 800,000 unemployed Americans face a new woe Saturday when their federal unemployment benefits end.
Democrats and labor unions, sensing political opportunity, are blaming the cuts on President Bush and Republicans in Congress. Bush, in a late show of support for an extension, urged Congress last week to get it done when lawmakers return to work next month.
"Regrettably, the House Republican leadership turned their backs on these families and refused to act, and the administration chose not to intervene before Congress adjourned," Senate Democratic leader Tom Daschle said Friday. "This inaction by Republicans was unconscionable then and it is even more so now."
Congress left for the year without extending the federal benefits, meaning that 750,000 to 800,000 unemployed workers will get cut off Saturday. Another 95,000 jobless workers will exhaust their state benefits each week afterward. Already, 1 million people have exhausted all of their benefits.
There were two competing bills that languished: A $5 billion plan from the Democrat-controlled Senate that would have extended benefits 13 weeks for people now receiving them or who were newly eligible, and a $900 million plan from the GOP-led House for five extra weeks for workers in a few states with high unemployment rates.
"It's unfortunate that the Senate didn't pick up our unemployment package and pass it," said John Feehery, spokesman for House Speaker Dennis Hastert, R-Ill.
Bush has now sent a "very strong message" to Congress to extend the benefits and make them retroactive, said Labor Department spokeswoman Kathleen Harrington. The agency is confident that benefits will be extended, she said, and has been relaying that to many governors who are calling with questions.
Some states will continue to process claims for benefits and at least one state, Idaho, will keep paying them with the expectation that funding will be available early next year, she said.
Democratic lawmakers rallied Friday in New York to put pressure on their Republican colleagues. Also, the AFL-CIO arranged a news conference in New York City featuring several unemployed workers whose benefits are being cut off.
Scott Carmichael, 45, of Rowlett, Texas, was one of them. He was laid off in June from his job at WorldCom, where he had worked for 17 years.
Carmichael's state benefits are running out and he had counted on an extra 13 weeks of federal benefits that he now won't get because of Congress' inaction on the extension. The biweekly check of $574 helped him and his wife Laurie pay the mortgage and health care costs for their two children, ages 1 and 3.
Mrs. Carmichael is now considering returning to work, possibly at night, so she and her husband can alternate caring for their children.
"It's really an act of discrimination," she said, expressing anger at Congress. "They give themselves a raise before they leave and they leave all of us Americans high and dry."
Congress authorized a 3.1% pay raise for themselves to $154,700 next year. Lawmakers' salaries have risen $18,000 since 1999.
Joyce Smith, 52, of Ardmore, Tenn., exhausted her $190 weekly benefits in August. She was laid off from her factory job more than a year ago and still hasn't found work.
"There's not much out there. They don't want people my age," she said. "It's been a panic and a struggle and you just go into a depression."
As the last Congress neared its final days, with the rival Senate and House bills going nowhere, the White House stayed on the sidelines.
But Bush last week ended his silence and said in his radio address that extending benefits should be the "first order of business" for the new Congress. But he failed to say which plan he supported, who should be covered and for how long.
"I only wish that he could have made that statement several weeks earlier, in time for the holidays," Sen. Hillary Rodham Clinton, D-N.Y., said at the news conference. She will deliver the Democrats' weekly radio address Saturday on the loss of unemployment benefits.
GOP leaders contended the Senate plan's $5 billion price tag was too costly and poorly targeted. They also said the economy was improving. The nation's unemployment rate climbed to 6.0% last month. In recent recessions, the rate was much higher — 10.8% in 1983 and 7.8% in 1992.
Supporters of an extension argue that it would boost the economy by giving money to the people who need it most.
Native here in Houston. I see we live close.
I am looking at my motor vehicle tax receipt. It has
Sales price (minus) Tradein (minus) Rebate = Taxable Value.
I did not know we had such a deal compared to other states. :)
Since sales tax is still due on value of car before rebates, tax ran 10% of take home cost of vehicle
Recently I purchased a vehicle here in TX and the sales tax was after the rebate. I asked about it and the dealership said it was correct. I wonder if your state tax is different. Congrats on the great deal.
p.s. how much in rebates and what kind of car.
mudcat and basserdam, What don't you understand.
you wrote:
Btw, did you happen to catch my exchange with Soucie yesterday? Sheeeesh!
again:
In an effort to understand your seemingly antagonistic manner, I just now checked your profile and 'things' have started to become somewhat clearer....
Under the heading of interests/hobbies, you have listed:
"hang-gliding, bungie-jumping, parachuting,
cliff-diving, motorcycle racing, ultimate fighting,
diving in shark invested waters, Russian Roulette"
Wow, what a super dood you must be! Let me amend an earlier suggestion, if I may. You probably should take TWO xanax and maybe even play a little russian roulette before you go beddy bye!
I really hope I've heard the last from you.
goodnight snookums,
Dan
Personal attacks are not welcome here. The above exchange has nothing to do with investing and only takes up bandwith and posters time. This tag teaming attacks between you two needs to go to another thread.
But this time it closed above 350.00... Big Difference. Now is the time for it to move north.
Gold hit the magical 350.00 level. Lets see how high it can go. At 350.00 the gold naysayers will scamble for cover.
314 million dollar Power Ball lottery won by one person.
"It was so big that West Virginia lottery officials were relieved that the winner didn't immediately claim the prize: They didn't have enough cash on hand to pay up."
http://story.news.yahoo.com/news?tmpl=story2&cid=514&ncid=514&e=4&u=/ap/20021226/ap_....
Dollar dropping, Gold moving up. Appears the market is getting primed for a good drop soon.
MERRY CHRISTMAS to everyone on this thread. I am gone for the day. good luck everyone.
Merry Christmas to you sylvester80
Merry Christmas to you Fred.
Good to hear from you. Merry Christmas
I agree throughly. I wished him luck with his purchase and profits. But anytime someone pushes OTC stocks with 0 revenue bells and whistle go off.
p.s. BTW I feel the posters got what they wanted.... Attention drawn to Silverado Mines. I am going to stop talking about it.
Two refineries in Louisiana will run out of oil before the end of the month.
http://www.voanews.com/article.cfm?objectID=9AEE9771-3ABB-402C-9D3BE3346BF379BD
US Lawmaker Calls for Release of Strategic Oil Reserves
VOA News
23 Dec 2002, 21:56 UTC
A senior U.S. lawmaker is urging the White House to tap into strategic oil reserves as the Venezuelan crisis pushes oil prices to a two-year high amid Iraq war fears.
Representative Billy Tauzin, chairman of the House Energy and Commerce Committee, made the urgent request in a letter to the Department of Energy. He says two refineries in his home state of Louisiana will run out of oil before the end of the month.
The U.S. Strategic Petroleum Reserve holds almost 600 million barrels of crude oil. Mr. Tauzin says the Venezuela shortfall is starting to have an "acute" affect on the U.S. economy.
Venezuela supplies about nine percent of U.S. gasoline and 13 percent of crude oil supplies.
There was no immediate response to the Tauzin letter from the Energy Department, but officials there have previously said they do not plan to lend stockpiled oil to firms having problems with supply.
On the New York Mercantile exchange crude oil futures for February delivery increased to a high of $31.45 a barrel, up almost a $1.50.
Oil prices have risen by 25 percent since mid-November amid concerns over a war with Iraq.
Seems that every poster who brags about SLGLF has bought and SOLD it for double without providing any due diligence about the company other than to say.... they made money selling it. I am bullish gold but this SLGLF has been mentioned in many investors newsletters about their Oil Fuel Substitute and Gold prospects.
Come on give me your best shot to why I should invest in this company other than saying how much money you made.
Montana, you say you would not "bet the farm on it" but in the same breath you invested your 3 kids college funds into it. Good luck with it, your going to need it.
I agree about gold but this Silverdo Mines is a work of art.
Mudcat you forgot to mention this on SLGLF.
http://biz.yahoo.com/e/l/s/slglf.ob.html
Revenue from gold sales decreased to $971 for the nine months ended August 31, 2002 from $1,786 for the ended nine months ended August 31, 2001. Revenues in each nine-month period were attributable to sales of existing gold inventory
Oh my... Sales decreased from $1,786 dollars to $971.00. A panhandler has more sales.
Other expenses increased to $2,103,371 for the nine months ended August 31, 2002 from $1,183,362 for the nine months ended August 31, 2001. This increase in the amount of $920,009 was primarily due to a $1,019,168 increase in consulting costs. Other expenses for the three-month period ended August 31, 2002 increased to $1,098,445 from $370,594 for the three months ended August 31, 2001. This increase of $727,851 is primarily due to an increase in consulting costs of $639,023, an increase in advertising and promotion costs of $76,433, and an increase in research costs of $36,519
Those consulting cost sure are high! Consultants? hehehe. I wonder the promotion cost of $76,433 may have been? I guess we all know who they are.
The Company's ability to continue as a going concern and recover the amounts recorded as mineral properties is dependant on its ability to obtain the continued forbearance of its creditors
Mudcat this stock really deserves our attention. NOT.
Basserdan, personal attacks are not classy and I am sure are not welcome here. Can you give some clear deligence WHY this Penny Stock deserves our attention. Come on....57 Million market cap, NO SALES and over the counter....just smells. Give it your best shot.
Inexperienced at Over the Counter penny stocks I admit. While I am not calling you a Bulletin Board Penny Pumper, it sure smells like that is what your doing.
<<<at .22 (closed at .64 today), been in and out and until Smart (?) Money spoke up>>>
I wonder who around here bought your in and outs after your mentions. Did I ruin your party?