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Agreed. Also like that proverb about most important real estate is between the heart and head. Invest wisely. Don't miss heaven by about 8 inches. Give or take depending on height of course.
What a bunch of hurricane wimps. You know from past history that many major hurricanes have hit US from Sept to October. Just look at the historical record. I say lets ride out the storm - interesting play on words there.
Sorry Woswill - did not mean for you to get that upset. I was trying to be gentle in you be over optimistic. Nothing wrong with thinking. I want to see all green and i want to set a cat 4 - 5 hit just like you do.
Woswill - a bit of gentle advice. Its ok to keep your head above the clouds but keep your feet on the ground. Yesterday you said all canes would be green.
Good luck to those holding bugs. I would think as with Dean their will be momentum play tomorrow with a chance to break even from dean or even gain and then a quick drop back like as happened with dean so you may want to sell quickly. Cause if two cat5 does not get the job done i would not go long. Just my thoughts.
That would be great for everyone who's in.
Anybody have comments on what cane stocks will do tomorrow?
This is a few hours old but history in the making - Felix set some records - Manchild1
Posted by: JeffMasters, 12:37 PM EDT on September 03, 2007
Hurricane Felix put on an incredibly ferocious burst of intensification last night, winding up into a small but potentially catastrophic Category 5 hurricane. Felix now holds the record for shortest time for an Atlantic storm to intensify to Category 5 strength. Felix required just 51 hours to reach Category 5 strength after it started as a tropical depression. That is a truly remarkable intensification rate, considering most tropical cyclones take 3-5 days to organize into a Category 1 hurricane. The tracking coordinates for Felix show that it has spent more of its life at Category 5 strength than any other classification.
98L
Not much has changed with the tropical wave (98L) in the mid-Atlantic, halfway between Africa and the Lesser Antilles since yesterday, so I will mostly repeat yesterday's discussion. The system has a closed circulation and a small area of heavy thunderstorm activity on the west side of the center. Wind shear of 15 knots from strong upper-level winds from the east-southeast are preventing thunderstorm activity from building on the east side of the storm. Several of the reliable models are forecasting that this shear will fall below 15 knots by Tuesday. There is some dry air to the northeast for the disturbance to contend with, but I expect 98L will be able to overcome this dry air and shear and organize into a tropical depression. Thursday is the earliest this would happen. The UKMET is the only model that develops 98L into a tropical depression.
98L is nearly stationary, and it will be at least six days before it will threaten the Lesser Antilles Islands. A strong trough of low pressure will pass north of 98L Tuesday and Wednesday, which could impart a more northwesterly motion to the storm.
Elsewhere in the tropical Atlantic
Several computer models develop a tropical depression off the South Carolina coast by Wednesday or Thursday, along an old frontal boundary. An area of disturbed weather has already formed here, and will bear watching over the next few days. You can track this using long range radar out of Jacksonville, Florida. The eventual track such a storm might take is highly uncertain--the NOGAPS foresees a threat to North Carolina, the UKMET and ECMWF has the system looping back and hitting Florida, while the GFS has the storm heading out to sea near Bermuda.
great summary NYPDBLUE
Rev 12:5 And she brought forth a manchild, who was to rule all nations with a rod of iron: and her child was caught up unto God, and to his throne.
Your own words have condemed you. Here is what you said "Anyone that plays the pennies and listens to anyone on these boards is a fool and will lose their hard earned cash".
According to you than we are all fools if we listen to you because you have written on this board. I think you speak for yourself. I have a lot of respect for many on this board and they are not fools. They pass on good information and a lot of them from years of experience.
Good time to buy more shares as you say they are now at entry level. The chances are that we might just get 1,2,3,4,5 canes or more before THIS year is out. I cannot say for sure but neither can you say there will be no more this year. This is the gamble you take. Sometimes you win sometimes you lose but lets not complain. Getting in or out is our choice.
11 am update from crown weather
11 am update
BUGS momentum play fizzled with Dean. Many caught holding. I would think twice about getting in but momentom play could held those holding to sell at least break even or gain after the runup.
load up on cane stocks then - next year could be right down the middle. But i'm still banking on this year as we are not 1/2 way yet thru hurricane season.
I'm ready. Music, maestro please
80% is good. But if i recall BUGS dropped very early in the dean momentum play and a lot got caught holding and still holding to recoup.
hurricane cat 5 did not do to much for bugs. To jump from one cane to the other factoring the bid and ask to me is not worth it. Dean did hit where pretty desolate areas though. If highly populated area is in view then I would consider. To early at this point.
COURTESY OF NATIONAL WEATHER SERVICE
From crown wather - Felix forecast to be a very strong hurricane - some models show west/northward movement over next 3 days while others have south - too close to call. What do you think
657
WTNT41 KNHC 011444
TCDAT1
TROPICAL STORM FELIX DISCUSSION NUMBER 4
NWS TPC/NATIONAL HURRICANE CENTER MIAMI FL AL062007
1100 AM EDT SAT SEP 01 2007
RADAR IMAGES FROM MARTINIQUE INDICATED THE CENTER PASSED VERY NEARGRENADA OVERNIGHT...WITH THE ISLAND OBSERVING 1005 MB BEFORE THEWEATHER STATION STOPPED REPORTING. SINCE THAT TIME...SATELLITE AND RADAR DATA INDICATE THAT FELIX IS FORMING A SMALL INNER CORE WITHTIGHTLY-WOUND BANDS AROUND THE CENTER. IN FACT...AN AIR FORCE PLANE JUST MADE IT TO THE CENTER AND REPORTED FLIGHT LEVEL WINDS OF 69KT...CORRESPONDING TO ABOUT 55 KT AT THE SURFACE...AND 55 KT WILLBE USED AS THE INITIAL INTENSITY.
ALL ATMOSPHERIC AND OCEANIC PARAMETERS SUPPORT A CONTINUED
STRENGTHENING OF THE STORM. WITH SUCH A FAVORABLE ENVIRONMENT...IT IS LIKELY THAT FELIX WILL BECOME A POWERFUL HURRICANE BY THE TIME IT REACHES THE NORTHWESTERN CARIBBEAN SEA. THE GFDL/HWRF ONLYSLOWLY INTENSIFY THE SYSTEM...BUT THE SHIPS/LGEM MODELS SUGGEST THIS STORM COULD BE A MAJOR HURRICANE IN ABOUT 3 DAYS. THE NHC INTENSITY FORECAST GOES WITH THE LATTER SCENARIO AND IS JUST ALITTLE LOWER THAN THE STATISTICAL MODELS FOR THIS FORECAST PACKAGE.
FELIX HAS BEEN MOVING BASICALLY TO WEST FOR THE PAST 6-12 HOURS AND
MY INITIAL MOTION ESTIMATE IS 270/16. A STRONG RIDGE IS FORECAST TO STEER THE STORM A LITTLE NORTH OF DUE WESTWARD FOR THE NEXT FEW DAYS. TRACK GUIDANCE IS IN GOOD AGREEMENT ON THIS SCENARIO. BEYOND 3 DAYS...THERE IS A QUESTION OF HOW MUCH RIDGING WILL BE PRESENT IN THE GULF OF MEXICO. A FEW MODELS HAVE ENOUGH OF A WEAKNESS IN THE RIDGE TO FORCE A WEST-NORTHWEST OR NORTHWEST MOTION NEAR THE END OF THE PERIOD. HOWEVER...THE RELIABLE GFS/ECMWF ARE KEEPING A STRONG
RIDGE. THE OFFICIAL FORECAST IS A LITTLE SOUTH OF THE
PREVIOUS ONE DUE TO THE WESTWARD MOTION EARLY ON...BUT THEN
IS VERY CLOSE TO THE PREVIOUS FORECAST BY THE END OF THE PERIOD.
The current diff between the bid and buy is usually .05 to .015. Sometimes .02. It just starting to go up and what - you want to sell already - hope not.
Heres the real deal for NSMG investor. Let's keep it simple. When tropical activity heads our way and shows potential NSMG goes up. Today - UP .01 so far. Buy low - sell high. Coming of the low's now and buy trend is in progress. Don't miss out - buy
3SAINTS - blah, blah, blah, zzzzzzzzzzzzzzzz. All your BS has not changed NSMG from the way all the other cane stocks react to weather and location. You better change to a bigger shovel because the ones you have been using having amounted to anything.
3 SAINTS - YOU ARE SO BORING - BLAH, BLAH, BLAH ZZZZZZZZZZZZZZZZZZ. SIMPLE RULES. I keep it simple not all this BS you daily spit out with foam. BUY LOW - SELL HIGH. NSMG IS ONE OF MY FOAVORITE CANE PLAYS. If i do not win this year than i am that more loaded for next year. The percentages are in my favor. The history of hurricanes show over the last 10 years that big ones will strike. My chances of hitting the big one is thousands of % in my favor. It could be next week, next month, next year. I am ready and all you say is so boring. Going to take a nap now you made me so sleepy.
Flatsixer - totally agree with you. These rantings by 3saints and other bashers are just lunatic. Hurricane stocks are like going to a horse race. Some are going to lose and some are win, place, and show. That simple. If a major cat hurricane hits US especially where NSMG operates they will be a winner. All this techical jargon these bashers spit out again is lunacy.
Manchild1