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     colin_twiggs
Member
Username: colin_twiggs
Post Number: 1005
Registered: 09-2002Rating: N/A
Votes: 0
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| | Wednesday, February 11, 2004 - 01:13 pm: | 
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Plain Sailing for February will be moved to here. Please start a similar thread in March.
Colin
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julles
Member
Username: julles
Post Number: 731
Registered: 01-2003Rating: N/A
Votes: 0
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| | Sunday, February 01, 2004 - 04:17 am: |
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It's the middle of the night! You all remember that song right !!!!
Well it's the middle of the night ... sing with me now .. I'ts the middle of the night la la la ....  Julles
INCREDIBLE OFFER - only $12 USD per month
30 day FREE trial -
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spider
Member
Username: spider
Post Number: 1430
Registered: 10-2002Rating: N/A
Votes: 0
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| | Sunday, February 01, 2004 - 02:15 pm: |
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Yo julles,
if God had a fridge, your photo would be on it .
spider.
.
"If you start out depressed everything's kind of a pleasant surprise." from the movie 'Say Anything'.
"There is nothing like losing all you have in the world for teaching you what not to do. And when you know what not to do in order not to lose money, you begin to learn what to do in order to win. Did you get that? You begin to learn!" - Jesse Livermore
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captain_chaza
Member
Username: captain_chaza
Post Number: 688
Registered: 02-2003Rating: N/A
Votes: 0
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| | Sunday, February 01, 2004 - 09:40 pm: |
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Ahoy brave and loyal crew
The Captain has been a little busy on all fronts lately and has had little time to write
First of all Welcome aboard Sea-Cadets Zorba "The Silver Greek" and HQ We all hope you enjoy the trip The food is great as is the comradory
It is however a little unfortunate for you both to have joined us is these rough and choppy seas
We are all feeling a little sea-sick ATM and Surprisingly
No-one is immune
Sea-Cadet Nicola with whom I have sailed with for nearly 2 decades is and will always be "The Golden Greek"
He will always be a sea-cadet and will never rise up through the ranks of Officer as he still takes comfort in the sweet FA's which he feels gives him the necessary excuses/courage for freezing up at the wheel and do nothing
His catch cry is HOLD HOLD HOLD!
And yes the odd one will go and go and go
But that is the TRAP in itself!!
The majority do not!
AND the odd one will never cover the losses on the majority!
Assuming one plays it safe and has numerous sails
What a waist of time, adventure and great fun he has missed?
But I must admit he is very good compared to most landlubbers is a very modest winner
He is a very nice guy and we all love him but unfortunately I know he will never be able to change his spots
Never has! Never will!
It seems he always gets trapped on a sand bar and
Falls in love too easily MOS MOS and more MOS
Geez I hope she doesn't turn into another INP
It may prove he was always right!!??
Ahoy 1st officer Spids and great 1st Mate
I am a little surprised to hear you inferred that the Captain is a Short Term Sailor
We have been sailing together for 38 weeks now
Is that short term?
We have actually sailed many of the same sails together
The difference in our cruising strategies as I see it is that you are happy to watch the paint dry at times as a sail retraces, takes a breather and moves sideways for 3 -4 months
This can be a good strategy but as we all know "Dark Clouds" can forecast Bad weather ahead and can very easily turn into a Storm
A Storm can breed into a gail!!
A gail can then turn into a double revolving storm and although not common a double revolving storm can then breed into a tripple revolving storm (refer AYO)
The Captain rightly or wrongly sets a course in action to make time in these boring days and months and spreads different sails to catch wind and believes he can get back in time when the wind calls the tune "if he is lucky"
The odd-one gets away but in most times it works ok but the best part of this tactic is to avoid disastrous outcomes
It is more like a safety Drill than anything else
It is difficult to remember
"Safety at sea is Paramount"
"Only the loser pays the Brokerage"
Those examples you have mentioned have all waisted 3 months at sea taking a breather and YES I had to join you with KIM and many others and wait patiently for what seems an eternity to me
I wish we could avoid them all but that might seem a bit greedy
Sometimes things just don't go as planned and we find ourselves taking a breather and drifting South
OUCH! OUCH! OUCH
It is never because I want to go south for a short term
It is always because I got caught out and couldn't think quick enough at the time
We all learn the hard way
This is where we learn to buy the best sails money can buy
in each class and leave the bargains for the landlubbers
Sailing is a little bit like time and money management as we all try to get the most out of our few dollars and our sailing troussseaux we store below deck
The difference between a Seaman and Landlubber is in the term of definition
A landlubber has a portfolio and a watchlist
Why he needs a watchlist is not quite evident to this Captain as they always hold course in all types of sea and wind conditions and only watch the portfolio
A seaman has a sailing trousseaux below deck he can hoist and lower at will as the "Wind calls the tune"
This can be 20 times the size of the portfolio or the full spread of sail presented to the wind
We have been very fortunate indeed with the help of our Sea-mates the great crew "Incredulous" and have built up a brilliant trousseaux of sail fit for almost any situation we may face at sea on the ASX
All the Captain tries to do is to avoid the long monthly retracements when he can
It is a very difficult task to use the masts more effectively at times but we all know the rewards can be immense
The Risks are exactly the same in dollar terms
Whatever time frame you choose to frame it in
Sail selection should then always consider volatility and a good averaging down tacks
Averaging up is also a good tack but it must be remembered
"At some time you will always get caught out at the top"
This surprisingly is not as bad as being caught out at the bottom
A discipline of only having 10% invested in any one sail is difficult to remember
When the Captain hesitates then that part of the mast takes an un-welcome breather and retraces for the next wind gust
This can also be an Ideal time to consider raising a #2 or #3 sail
Not because it is a #2 but because it looks better than any another at the same point in time
The previous positioning or buying price is pointless
Each and every tack is always logged in as an individual tack
#1 #2 or #3
Geez I have been chatting for too long
Back to the Charts
Geez I wonder what we're in for this week
Anybody got any good ideas?
Ps I will try to write up the dreaded logs next week-end
Last week was a bad week as we found ourselves sailing South
again
We did however reach the milestone of sailing 50% with other peoples money
$250K to $500K locked in but are still dragging to many mistakes /long term investments to celebrate just yet
(-$64 in progress or "paper loss" to landlubbers)
We will need to be patient or work a lot harder to get to our true destination of $500K in cash
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cichlid
Member
Username: cichlid
Post Number: 16
Registered: 01-2004Rating: N/A
Votes: 0
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| | Sunday, February 01, 2004 - 10:34 pm: |
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Yo Capt'n,
Cadet Cichlid reporting in sir!
I can climb the masts, pull on the sails and will be happy to lend a hand steering every so often.
In fact, being a new seaman and keen to please, I'll gladly suggest a few kites that have caught my interest of late - I'm happy to have the crew review these to ensure the've been rigged properly before hoisting though.
SDI - wind strengthening up to 12 knots, could be worth the ride.
GTP - looking good as the resistance has been crossed - steady winds to 2.90. (a case of "better late than never" perhaps?)
ORO - could be worth a punt on the hope it crosses resistance?
Glad to be of assistance where needed!
Cheers,
Cichlid
ps: I don't own any of the aforementioned stocks.
(Message edited by cichlid on February 01, 2004)
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captain_chaza
Member
Username: captain_chaza
Post Number: 689
Registered: 02-2003Rating: N/A
Votes: 0
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| | Monday, February 02, 2004 - 09:28 am: |
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Ahoy brave and loyal crew
All hands on deck
At dawn on the open
LOWER the green TTT
HOIST the green MXL
LOWER the green SNN
HOIST the green ORO
LOWER the green NXS
HOIST the green GUN
LOWER the red CAG
HOIST the red SML
HOIST the red NDO
Bon voyage and God's speed
Captain Chaza
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julles
Member
Username: julles
Post Number: 732
Registered: 01-2003Rating: N/A
Votes: 0
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| | Monday, February 02, 2004 - 10:41 am: |
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Sml up nicely Captain as is Mxl, lovely start to the week..
Julles
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spider
Member
Username: spider
Post Number: 1437
Registered: 10-2002Rating: 
Votes: 1
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| | Monday, February 02, 2004 - 02:58 pm: |
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SPIDER'S HOUSE AFTER THE 'BIG WET'.
Hi captain,
no disrespect intended with that 'short term' remark.
I was referring to the time that you like to stay in a trade, not to the length of your commitment.
We have traded the same positions on many occasions.
You like to move on when a trade goes quiet, and there is nothing wrong with that, if that is your style.
It takes spider a long time to find a trade with legs, so he is reluctant to let it go until it forces him to.
The captain has a nack for catching 'little fish' during their spectacular growth faze, then throwing them back in when they mature.
I admit that this kind of fishing is fun, but by nature spider is patient (some may say lazy) and he does not like things that cut into his drinking and sleeping time.
Chasing the shooting stars full time is too much like hard work.
In your comments to nicola you said"And yes the odd one will go and go and go
But that is the TRAP in itself!!
The majority do not!
AND the odd one will never cover the losses on the majority!
This has not been spider's experience.
At times, spider will take a dozen trades to find that 'one'.
'One' good trade , well managed, can make your whole year.
Six such trades, and you have had a hell of a good year!
I guess it just comes down to trading to your sleep level.
first mate spids, proud to serve with such a fine captain.
.
"If you start out depressed everything's kind of a pleasant surprise." from the movie 'Say Anything'.
"There is nothing like losing all you have in the world for teaching you what not to do. And when you know what not to do in order not to lose money, you begin to learn what to do in order to win. Did you get that? You begin to learn!" - Jesse Livermore
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captain_chaza
Member
Username: captain_chaza
Post Number: 690
Registered: 02-2003Rating:
Votes: 1
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| | Monday, February 02, 2004 - 08:04 pm: |
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Ahoy Sea-mates
Seasickness
In a cruise, the difference between pleasure and misery depends very much on overcoming seasickness.
Seasickness seems an endless joke to those not suffering, either because they are ashore or because they have learnt to overcome it. More often than not, when an error is made at sea it is due to one of the many forms seasickness takes. It is the major menace to the safety of any crew afloat..
It is often a consolation to sufferers to know that no one is immune, even those who only sail the tall ships can testify to this fact
Any experienced campaigner and sailor will undeniably testify to the major cause of seasickness.
A successful businessman on land will never admit he ventured onto a deep-sea passage without the necessary preparations. He will ultimately put blame on the unforeseen overseas global conditions but never his local information network.
Rarely will he put blame on the mother of all seasickness causes. The fact is, he has been thrown into a turbulent sea and weather formation. The skipper must always try to avoid these formations and run for shelter on the first sign.
I have always been amazed that in the most professional sport in the world most men set out with only a newspaper under their arm and read between the lines to gain a start.
Rarely will he admit to being a blind follower of yesterdays newspaper print. This by no means implies that their journalistic and fundamentalist reports are misleading or inaccurate. But more importantly, they are only to be deemed as historical and that any good or bad news has usually been accommodated for in its current position by better equipped and seasoned skippers.
It not so much the uncomfortable feelings of suffering with Sea-sickness that does the most harm
It is the accidents on deck that does the most damage to both body and soul in the quick aftermath
When the Captain lowered the INP TOO early
Cadet-Officer and our Ample Cook Braveheart lowered the PSD TOO early
Our Cheer leader Susie Q lowered the PWR TOO early
we are entitled to get Sea-sick and feel we should hold on a little later in the future
This is when Mistakes happen!
Mistakes also happen when the decks are pooped by a rouge wave
We then tend to throw the baby out with the water and eat our losses
Maybe we could have reached our destination by now ($500K)if the Captain was not so ready to eat his losses and use averaging down as a tactics as a get out of jail strategy?
It has worked well for us in our short past but the problem is when the "Market" really turns down
ALL CAN BE LOST!
It will one day I promise you that it could damage the hull in real terms
This is when it can get very serious!
Holding-on for the sake of it is not a wise cruise strategy
Sea-sickness can breed into heart attacks and has been known to inspire the free option of suicide
Some skippers take time out and watch TV behind bars
The Captain has learnt a lot as I hope we all have on this epic voyage but I do feel overcoming Sea-sickness is one we all need to learn to overcome
If it is possible at all is questionable?
1st Mate Officer Spids "Stops" only work if you can get set???
Great falls are never stopped out because of the Gapping nature of panic selling
The art and sportsmanship of respecting Gaps is a sailing tactic worth studying as the books may be wrong
Novice sea-cadets always wait for the GAPS to be filled in
Maybe a few serious cadets may take up the challenge??
Sometimes the Captain is lucky as he prefers to anticipate the Gap before it happens
To hop on After a GAP takes great courage this Captain often kicks himself for not possessing
However I am starting to work it out
The Captain is reading books of Successful Gambling Habits in lieu of Strategic Investment Excuses
As we were heading a little too South for comfort last week sailing deep in the Southern Oceans I read up on how to make FIRE with ICE
Braveheart?
Do we have plenty of ICE onboard?
I hate uncooked Burgers and Chips
Nutrition is not everything
Captain Chaza
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susieq
Member
Username: susieq
Post Number: 216
Registered: 12-2002Rating: N/A
Votes: 0
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| | Monday, February 02, 2004 - 11:28 pm: |
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CC
Is the incredulous still sailing with SHN and NDC?
SusieQ
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nicola
Member
Username: nicola
Post Number: 77
Registered: 06-2003Rating: N/A
Votes: 0
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| | Monday, February 02, 2004 - 11:38 pm: |
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Capitanio, il Capitanio.
I have just read your recent posting referring to moi.
If I could speak I would be speechless.
Think about it.
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captain_chaza
Member
Username: captain_chaza
Post Number: 691
Registered: 02-2003Rating: N/A
Votes: 0
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| | Tuesday, February 03, 2004 - 09:43 am: |
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Ahoy brave and loyal crew
All hands on deck
At dawn on the open
LOWER the green NHL
HOIST the green QRS
LOWER the green TBC
HOIST the green RTL
LOWER the red CUE
LOWER the red CUE#2
HOIST the red BKM
HOIST the red SHN
Bon voyage and God's speed
Captain Chaza
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julles
Member
Username: julles
Post Number: 733
Registered: 01-2003Rating: N/A
Votes: 0
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