Oldtent Archives 2007 - 2008

i have used alaron for years and the ‘gui’ platform for order entry and real time etcs. i just opened another trading account with ‘cattlemen’s hedgers group’ clearing with rj o’brian. long story short the broker george and his dept who i have had contact with in miami for many a year has left alaron for his own set up and i’ll be moving with him once the new account is set and functioning also with ‘gui’ platform which i find is very user friendly for online order placement and real time quotes and instant account information. give a shout RNO if i can assist in any way. wj

GLOBAL MARKETS-Stocks, dollar up on Fannie and Freddie rescue

* Rescue plan for Fannie and Freddie boosts stocks, bonds

* Relief rally in dollar knocks oil lower

* Relief may give way to fears about U.S. financial stability

By Kevin Plumberg

HONG KONG, July 14 (Reuters) - Asian stocks edged up, the dollar gained and government bonds fell on Monday after Washington proposed an emergency plan to rescue the top U.S. mortgage finance companies, offering to buy shares if necessary. The plan was hatched in an attempt to calm investors after Fannie Mae and Freddie Mac stock both plummeted more than 40 percent last week on spiralling fears that both companies, which are pillars of the housing market, were under capitalised and the credit crisis toppled a fifth U.S. bank.

However, uncertainty more than confidence remained the rule.

“Steps to shore them up is a positive but the fact that they are having difficulties in the first place is just symptomatic of a difficult environment out there. And that makes it hard to get too positive,” said Greg Goodsell, equity strategist with ABN AMRO in Sydney.

- complete article -> tinyurl.com/68nx67

~ ~ ~ ~

Asia/Pacific Region - mixed, but w/GREEN bias

finance.yahoo.com/intlindices?e=asia

……..aaaaaaaaaaaaaaannnnnnnnnnnndddddddd

Ms Venezuela was just crowned Miss Universe.
OMG! She is gorgeous!!!!!!
Wondering here if she’s into Beach Volleyball? {G}

JBI

posters and lurkers of the gentler persuasion in your continuing anatomical shenanigans ?

Well there we go 20 minutes and the boards moral’s are in the toilet. Soee is going to send me to the corner for a week myself.

But speaking of Belcha …redneck was doing some sleepwalking last time in Belize ..he was shuffling around in the dark moaning something about Belcha’s 38’s and bruises to the side of his head

anything anything but don’t mess with the beer. [gg] wj

Yes, well to post opinions always. I’ve learned to hold back a little and try to be careful in my wording so as to not give the impression that it’s of short term duration. But as for WANKA, he’s always very clear and I think most understand his objectives clearly. Glad to see him sharing his thoughts with us again as far as his actual trades go.

JBI

……with some “38’s” on here………………….. oops, no those were guns……………………..

a bust after my own heart….but not the market kind of course. wj

I am sure you and others were kinda thinking along the same lines but sometimes it feels good to post it .
Wanka has a long long history and lots of time in this damm arena. He can slip a punch and get out of the way quicker than he could post the reason why…by that time ..the damage is done…I remember one time when Wanka was trying to help his dear old friend..ahhh oh yeah Kaplan. He was telling his old friend to buy gold long and sell wheat short but misinformed Mr. Kaplan so bad that Kaplan went out and bought a loaf of golden Italian bread and tried to sell it in Little Italy …well the bread never got sold..it got moldy and now Kaplan will not give Wanka any free advise or a break on his newsletter to this day. It is just a sad sad story…..

position trade only on dec contracts as the ole days. i did the nickel flipping snatch and grab in the earlier 1st Q but got snatched and grabbed badly myself on a 2 day break in march — never to recover into contract first notice on may silvers and june golds… ouch and a half but that sometimes comes with the territory. always another trade around the corner with a better setup.
i’m comfortable in the current positions and an add on with a bit of draw down is ok here if it occurs into tomorrow’s close higher than i chose well. we shall see however if it comes to pass 1150-1200 and 23-24 to years end i will be a very happy camper for the year and i can close a very profitable 2008 and get a pair of eeores fuzzy slippers for 2009 and give my st. bernards a rest.wj

I second Irish’s admonition. And as for PM Fever? No Women’s Beach Volleyball for him for the rest of this month or until Gold hits $1,250, whichever comes first. And that’s that! {G}

JBI

Operation “Rescue Fannie” Underway

Paulson a Blatant Liar

http://www.globaleconomicanalysis.blogspot.com

i use rosenthal. some of the houses will give you constant updates of what you have a contract in. the rest are delayed. i intend to buy a laptop with a phone source so i can update anywhere. i may even share in belize with irish if the “business expansion” goes through.

rno