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So cane stocks are all about gambling at times. I really think come friday if it looks as bad as people say I might stay in this. The talk of this storm surge is just crazy.
lol who is dumping at .027 thats annoying
The weather channel just showed a projection cone that was tweaked more north. At the rate this is going I am thinking even more north.
At the rate its going north it seems more like a Houston hit. Has anyone seen the part of the text reports and advisories from NOAA that has the KM off per day from forecast?
Ya in scottrade I click the "(BHUB)" and it says symbol not found. wtf
This thing is going to rail offshore oiling. It looks bad to me from almost all the models. IMHO
Or an astronomer for that matter?
For Ike - Anyone thinking Cuba takes some power away? It's almost a lock though that this thing gains it back? GOM is hot.
I just can't believe it could possibly have sell off when there is probably going to be $9~10b damage from this and then Hannah threating with Ike sitting in the back waiting to come in. It has to be getting someones attention. I didn't even hear damage from Fay flooding out parts of Florida.
The way the days fall I really don't see hurricane stocks doing what oil did. Only because we have damage and we weren't open for trading.
stevo51 - I have to agree damage assessments can sound much worse a few days later. It seems like the media is so focused on the levees they forgot about most other places.
cheers to that!!!
I am confused why did the weather channel just say N.O. wont be bearing the brunt? What happened to this talk of the levees failing?
Yup I am going to go away. I have been in front of the screen for 2 hours now. This is "exciting" however I cant have a totally nonproductive Sunday.
Well if the 'cane is going to happen anyways why not make a few dollars. It's not like we have control over what it does.
Besides the last 2 years were quiet and everyone kinda realizes, like I've said, 3 years in a row of it being quiet just doesn't happen.
Maybe once it is all said and done I'll give some to red cross. The more you nag it the more I'll think about just saying screw it and give it to prostate cancer research.
Thanks for the charts. I know that we would call a 109mph a major hurricane, It just seems like people in general who aren't involved in stocks or the science like to see a "Cat-2" and think its not that major. lol I guess they need the real footage of someone reporting during the storm and getting blown around every where to realize how strong it is.
The latest forecast off wunderground shows it around a cat-2 for landfall. I saw 115mph from NHC.
If it does hit as a Cat 2/3/4/5 or whatever, my question is how will the day off for labor day effect the trading? It should be near there 8pm Monday so that leaves opening bell for Tuesday where it is making landfall. Is there more anticipation and buy ins when it already makes landfall? Or is that typical?
They just had highlights of roofs being torn off on CNN from Fay. Of course how many is the point, but ya I did read "minor wind damage" in another report.
I agree I'd like to stay positive. I would like to see some sort of contract or revenue generated from this if possible. I know it won't happen for a while, but down the road somewhere we need some good news.
Tornado warnings at Fort Lauderdale and Miami
I noticed Fay is predicted to landfall somewhere around the western side of the upper part of the Florida peninsula. It looks like a ~4hr. drive from the headquarters of IPII. It looks like we will have a lot better chance of distribution (compared to Dolly hitting in Texas) to them if the damage arises. IMHO
I have heard estimates of less than $750m and also estimates like the one below. I guess the big factor is once the flood damage is figured in. Will any stocks get a piece of that is the question.
Damage from Dolly may top $1 billion
( http://www.upi.com/Business_News/2008/07/25/Damage_from_Dolly_may_top_1_billion/UPI-29841217004333/ )
I think a few good PRs may have to make their way. People lost faith? Things are diluted from a bad year last year? The public doesn't care because they think it it Mexico?
On a positive note I think this should have more damage than the only thing that did anything last year (Humberto a Cat-1). We still have a week in July and all of August. I'm not shaking yet.
Id like to know the same thing, although this has its days where MMs just mess with this.
Also maybe people in general are still under the impression this is hitting mexico. Believe it or not I asked quite a few people today and they responded with that.
Will any stock benefit from the Mississippi River floods? Just curious. I know WEGI did some mold restoration etc.
1st tropical wave this season shows up... not much but its a start.
http://www.wunderground.com/blog/JeffMasters/comment.html?entrynum=932&tstamp=200805
Looks like we tested the low on April 15th and 17th. ~3.70
wow manchild you really know your entry points thats a good deal.
I am a little shocked. Take a look at the first 2 weeks of march from 2007 and notice a similar behavior to this year....
http://stockcharts.com/c-sc/sc?s=IPII&p=D&st=2007-02-11&en=2007-05-11&i=t44652603087&r=888
It starts Mar 1st and goes to the 18th. I had not noticed this before, but if I do this next year I'll keep that in mind.
I am still in, I didnt go anywhere, I didnt spazz out yet. I am still looking forward to some powerful months coming up.
Looks like if the big boards do real bad then ours will go down too. I can not see this staying down this low for long looking at the history though.
A little gap, A little profit taking, then it should be time for us to move on up again and again
Any insight on the volume today? I know its high, but any ideas why who or what?
I agree 2 seasons in a row that are quiet just seems so unlikely, but yes its a fact and happened. I am no scientist, but when something seems so overdue I am always down for playing it.
I jumped in today, it seems like a bargain price and a few months of waiting for easy gains from here is not a bad deal. We are only .055 now and it can settle to at least .12~.16 range easily before the season.
I had played WEGI last year with some success, although this year the fact that they went Pink discouraged me. I did learn though you are better off jumping in early. I am content with letting my money sit here for a few months because there will not be a ton of babysitting and its an easy double from here.
IMHO - here is my forecast. We had 2 relatively quiet years in terms of things hitting the U.S. 3 in a row is hard to do so we might have "D BIG ONE" this year.
who even cares if it does it will take forever just to get to .0009
tikkertje: my post #1597 shows they are the same:
7702 East Doubletree Ranch Road, Suite 300
Scottsdale, Arizona 85258
Refer to that post also I noticed something about waterskeeter's addresses of some of the retailers on there site. They have 3 just with in Scottsdale. Don't know the area, I was just fulling around on mapquest. I am not sure if this really means anything though. It could just be they are that close and decided to do the acquisition?
I know it does not make much sense to me. Ya the close did disappoint me, but a 40% gain is still a good day. It may be helpful it did this for tommorrow to make sure we do not gap up once again. It can only be a matter of time before a lot of people start seeing this on their scan and maybe even jump in.
tikkertje - I agree finishing at HOD or slightly above should be realistic. .03 and .04 talk might have to wait another day but it can't be that far away