Archive through March 22, 2004
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     captain_chaza
Member
Username: captain_chaza
Post Number: 760
Registered: 02-2003Rating: N/A
Votes: 0
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| | Thursday, March 18, 2004 - 09:48 am: | 
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Ahoy brave and loyal crew
All hands on deck
At dawn on the open
LOWER the blue PXS
HOIST the green PCL
HOIST the red NDO
LOWER the red VSG
HOIST the red CPN
Bon voyage and Gods speed
Captain Chaza
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susieq
Member
Username: susieq
Post Number: 250
Registered: 12-2002Rating: N/A
Votes: 0
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| | Thursday, March 18, 2004 - 12:43 pm: |
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Jules and Spids
Thanks for your kind words. The op is next Tuesday, and I believe they are only removing something I can live without and be able to indulge my passion for chocolate cake afterwards. So crew, keep the ASX going for me until I can get back on deck by end of week, I don't wan't to be coming back and finding all my stocks have been sold down.
Jules, love the little faces, that brightened up my morning no end.
ahoy cc I went ahead and hoisted both the NDC and the SPL anyway.
disobediently
SusieQ
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captain_chaza
Member
Username: captain_chaza
Post Number: 761
Registered: 02-2003Rating: N/A
Votes: 0
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| | Thursday, March 18, 2004 - 02:50 pm: |
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Ahoy crew
This is really Spooky The Captain hates "a Calm"
The Fremantle Doctor seems to be a little late too!
Geez She'd better come in soon
Good luck Officer SQ with the op and all your sails
We couldn't fit all you recommended so naturally
Captain Empty Head picked the worst
I really enjoy hospital food
Their sandwiches are fantastic
Let me know (privately) which hospital and I'll try and come in and share a sandwich or 4 with you
++++X
XOXOX
XOXO
XO
Not hugs and kisses above but ascending triangle breakouts for you while you are away
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captain_chaza
Member
Username: captain_chaza
Post Number: 762
Registered: 02-2003Rating: N/A
Votes: 0
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| | Friday, March 19, 2004 - 09:46 am: |
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Ahoy brave and loyal crew
Looks like another good day for golf with
No bloody wind
A early long week-end may be in order
All hands on deck
At dawn on the open
LOWER the red GBN
HOIST the red SEN
Bon voyage and God's speed
Captain Chaza
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stampy
Member
Username: stampy
Post Number: 21
Registered: 10-2003Rating: N/A
Votes: 0
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| | Friday, March 19, 2004 - 12:01 pm: |
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Ahoy Captain and crew
Yes I'm still around.. Down below decks.
I find the old saying "its better to be quiet and thought a fool than open ones mouth and remove all doubt" to be relevent lately. My trading has been ordinary so i've been watching the markets and reading the strings to find inspiration. But like all good cabin boys i'm seen and not heard from to much.
Regards
Stampy
The cabin boy
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justice
Member
Username: justice
Post Number: 185
Registered: 01-2003Rating: N/A
Votes: 0
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| | Friday, March 19, 2004 - 04:13 pm: |
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julles,
well the KLS certainly flew today and with me onboard.
that's good, cos I missed out on KIM.
have a good weekend all. Good luck SQ - get well Spids.
just Ice
GO BIG
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captain_chaza
Member
Username: captain_chaza
Post Number: 763
Registered: 02-2003Rating: 
Votes: 1
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| | Friday, March 19, 2004 - 06:47 pm: |
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Ahoy Brave and "loyal?" crew
Just quickly
I had a good game of Golf but it is too early to judge how much it cost?
The Perfect Storm is on TV tonite AGAIN Ch9 Melb for those lucky enough who can get the signal
A MUST view for all skippers and novice sea-cadets who respect the sea and any of the Great Stock Exchanges of the World
Geez I hope "Novice #2" Sea Cadet-Officer is in range
All those that follow Captain Elliot and his Wave Theories I am sure be enriched
Not that I wrote "This piece" as good/well as it gets but it may put you in the mood for a very special trading experience
All landlubbers experience these emotions on land at sometime when testing their skills on the Magnificent and sometimes Merciless ASX
Sea-farers live it every day
An Introduction to "The Perfect Storm"
"Storm at Sea " by moi (C) 1997 Australia
It seems appropriate to insert the description of an actual storm we encountered on our 10 year adventure in the open oceans of the Global Exchange. It is particularly directed to the novice cadet who for some unexplainable reason believes she’ll be right in the long term if onboard tall ships. It is also relevant to the seasoned veteran who after a magnificent season often forgets the principles of seamanship and lets his adrenalins rule.
Storm is that time all deep-sea yachtsmen must be prepared to face and sometimes without any warning. As we were sailing six tall ships all nearby in the ASX20 it made it possible to analyse the situation more closely afterwards.
The storm took place just south of New Zealand in an area not notorious for extremely fierce gales. However we were quite aware gales there may come suddenly and last for long periods. We weren’t concerned as each ship was toughly built and of heavy displacement. They were the pride of the ASX. Each and every broker in our network with research teams on many floors suggested the big three. BHP, NAB, and NCP and stressed a “diverse and balanced portfolio.”
Julius the only cadet on board asked
“What is the difference?”
Jack replied
“It’s a safety formula so that if any one or two get into trouble the other four will pull us through.” Henry quickly added
“Only if you have equal chips on all.”
We had opted for three industrials and three resources. Jack recommended BPC for its attractive price earning ratio and yield. Benji added WMC because he had fond memories. Henry added MIM as he considered her price a good value bet being the cheapest in the top 20. I abstained from joining the selection table as I saw my responsibility solely as the skipper and navigator.
We had already by now earned an excellent racing record and gained much ground, sailed through many spring gales and came through undamaged.
The NAB was far to the west and by chance the rest of our fleet were bunched together to the east.
On the 20th Dec 93 the chart of the NAB showed a bearish weather pattern and was first hit. There was no hint of a depression forming.
Yet with in 2 weeks the storm was establishing itself amongst the ships.
At midnight the storm caught us.
As the barometer plummeted (the white indicator, refer any chart later), violent wind gusts struck the yacht. All the sails were lowered and the boat put in the trough of the sea while we watched for any change. After one day the barometer had checked its fall and the wind’s mean easterly direction was unaltered. The torrential rainfall and screeching gusts all suggested we might be in the path of a revolving storm, or hurricane. The normal instructions for avoiding such storms could no longer be carried out, as the wind was too violent for any canvas to withstand.
The situation as it appeared at 1.00 am. in the middle watch was the very one we had studied most carefully. Not because it seemed likely, but because it was the worst possible position we could imagine for a sailing ship in the open sea.
I assessed that the loss of the tall mast was probable. In this lonely part of the ocean, 500 miles from America and with no engine, survival needed the preservation of all food and water. Nothing could be discarded to lighten the ship. I assessed that crew fatigue would be a danger should a breaking wave smash over the deck or cabin. Finally came the danger of crew being washed overboard. This seemed the greatest hazard of all.
It was clearly best to direct the end of the boat on to the sea to reduce the chance of a wave breaking over her. With such a strong crew I felt a helmsman could always be kept on deck. Even without sails the wind on the bare mast was driving us through the water at near maximum speed.
The night was black. My outlasting impression was noise. The shriek of the wind in the riggings, the din of the waves all blending into one devilish clamour and the pelting rain hammered against one’s head.
Moving around was not easy in these conditions. A novice helmsman could easily be caught off guard while shifting into position. Suddenly, a sea came pounding over the deck, filled the cockpit and slammed against the cabin. The ship was battened down so little water went below. Until one had been on deck for some time it was hard to believe that each succeeding wave would not wash over. If the helmsman could meet each wave squarely with the stern she would rise quietly with the sea and nothing but spray would come aboard.
The problem became chiefly a psychological one. As we were all quite experienced helmsmen by this stage no exceptional difficulty was found in steering the stern into the seas even in the dark. But it was decidedly frightening to hear the furious snarl of a wave breaking astern above the continuous roar of wind, rain, spray and waves hurling themselves at the boat.
I prayed earnestly for the dawn and went down below to look at the barometer. It was still falling steadily. There was a slight easing of the wind but it was still blowing a full gale. As man is a creature of daylight I felt that if we could just survive the night unharmed all will be well. However when dawn should have broken the angry darkness held its own.
Slowly the light seeped through the rain and spray. The dawn was much more frightening than the night. The sight of those huge waves building up astern was devastating. The surface took on a dull dirty and frothy white washing machine character. In the driving spray and rain one could scarcely see beyond the next crest even when on top of a wave.
I had been up all night and the sheer horror of looking at the seas I went below to check all the charts instruments, ate a block of chocolate and write up the log.
If on deck had felt overwhelmingly hostile, the cabin felt like a prison cell. The worst impression was one of utter helplessness. There nothing I could do except trust my instruments.
A spurt of water shot through the tiny peephole left for the helmsman to communicate with those below. I looked out and saw Jack signal me to come up. Conversation was impossible on deck but it was obvious he just wanted some support. He too was frightened by the sight and noise of the seas. Curiously, I found his anxiety reassuring. It did not seem to matter being afraid if a man of his calibre was feeling the same. In any case it felt better to be lending support to another. Strengthened in this way one could think and look around more objectively.
At 5.45 am. on the 25 May, the wind fell dead.
The sudden change was staggering. We had run into a patch of blue sky, colour sparkled, the rain dried up and the spray ceased to drive. On deck our voices were freed. Words no longer vanished in the storm.
“Look at that mountain of sea sir” Jack shouted, forgetting that his voice had not to compete with the elements,
‘It’s breaking in all directions at the top.”
The sea was hopelessly confused. Pinnacles of water would surge up without any form or rhythm. It seemed Mother Nature had developed a taste for modern art. One longed for some wind to steady her but dreaded the return of its overwhelming power. The boats motion was chaotic in the heavy air. Yet Henry and Ben below had somehow wedged and lashed themselves into their bunks. It takes a seaman to rest in such conditions. Every moment they could lie down strengthened our defence.
“I suppose we’re all right, sir,” said Jack doubtfully, “it really scared me to look at those huge curlers astern.”
“Yes, we’re all right,” I replied without much enthusiasm,
“But the real thing is what happens next.”
‘What does happen next, sir?”
‘We seem to be in the eye of a storm, Jack. The strongest wind comes after the calm.”
“I bet no one else has looked into the eye of storm of this size.
“What are we going to do now, sir?”
“Can she stand any more of this shit?”
“She’s stood it so far, Jack. We’ve done all we can. We’re all well trained and ready. There’s nothing left but to pray.” The urge to prey was deep and we were both silent for a minute.
“We’ll pull her through, sir.” warm hearted, loyal Jack said. No finer man could exist to share the pressure. At last there was colour and blue sky, but the mental relief that had come when the wind no longer blew, fizzled out like a spent rocket.
All around swirling, angry, black curtain walls of sea hemmed us in. Seven minutes of a pregnant pause seemed ages.
Savagely the wind pounced again.
It was still from the east. I struggled to check the course from my second compass. (Daily charts explained later) I was surprised to discover they both did not point in a different direction. We were still heading south with the wind astern. I thought of St. Jude and the hope of the hopeless as we sped further from land.
The clock clung to every minute, but at last an hour had passed. The instruments were pumping up and down vigorously as we dived and soared. My obsession with safety was instinctive. My passion for life, insatiable. The hope for some rising indicators never came. At times their fall was checked and then slowly fell again. This was a bitter disappointment. Although I thought the skipper should constantly be on the alert there was nothing I could do about anything and went below to write up the log.
Perhaps the depression was still deepening?
Captain Chaza
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spider
Member
Username: spider
Post Number: 1535
Registered: 10-2002Rating: N/A
Votes: 0
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| | Saturday, March 20, 2004 - 12:14 am: |
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First mate spids on deck.
It's been quite a day for the first mate, and mrs first mate.
The green monster has been replaced by a red monster (V12 no less!)
She is parked quietly in the driveway, trying to get used to her new surroundings.
It's a bit strange for her to be in the hills after the bustle of the big city, but I know she will settle in nicely.
KIM setting a new high this week was nice, helped pay for the rego and insurance.
spider loves walking, but I gotta tell ya, it's nicer to drive!
And boy does she go.
The sound of the V12 is completely different to the V6.
On another subject, I eventually remembered who put me on to PDN, it was 'new2'.
spider says thankyou.
The first mate has been a bit concerned for the members of the crew in recent times.
We have had illnesses to crew and family members and impending op's, and a lot of silence from some crew members who are obviously hurting or maybe just taking a breather.
If things are going a bit pear shaped, remember to ask questions.
The captain and his crew pride themselves on making all crew members better at what they do.
Remember that NO ONE gets it right every time, we all need help from time to time, or maybe just someone to 'bounce' something off.
There are no 'dumb' questions, and all opinions are respected.
With all the events of the past couple of weeks, spider has been reminded that it is important to celebrate when things go well.
So here's to the crew of this fine ship.................
spider (with glass of Chivas in hand........)
.
"The only time I really ever lost money was when I broke my own rules." - Jesse Livermore
"When choosing between two evils, I always like to try the one I've never tried before."
- Mae West
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robbo
Member
Username: robbo
Post Number: 24
Registered: 01-2003Rating: N/A
Votes: 0
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| | Saturday, March 20, 2004 - 12:41 am: |
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Spider, your post made me very happy for you and your family. i have learned a lot from your posts so thanks for all the effort you have put in to educate me and surely many others. I have reviewed some mining juniors and just to put some meaning to my thanks i offer number of stocks which may be of interest to you for potential buying. I am only a novice and these not be any good but here goes anyway.
SKR,MBG,URL, SGX.
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new2waix
Member
Username: new2waix
Post Number: 622
Registered: 10-2003Rating: N/A
Votes: 0
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| | Saturday, March 20, 2004 - 04:07 am: |
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Very kind of you to thank me for PDN, but it wasn't me who initially brought it to the forum's attention:
PDN
http://forum.incrediblecharts.com/messages/8/209789.html
It was however when I started the second PDN thread it got more attention. I was so surprised no one was jumping up and down about this one. The PDN chart was something out of a TA textbook. I even printed the PDN chart and stuck it on my wall.
PDN - Hello people?!
http://forum.incrediblecharts.com/messages/8/210509.html
It's great when they follow the plan!
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julles
Member
Username: julles
Post Number: 838
Registered: 01-2003Rating: N/A
Votes: 0
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| | Saturday, March 20, 2004 - 08:31 pm: |
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Go get em Justice! Glad to hear someone is riding Kls, I should have bought but hesitated.
Mbg is another I should have bought but hesitated.
I sold my axl's Friday at my cost price, interest seems to have left the stock for the moment.
I also sold my Smo's after they released their due diligence statement. I just received the prospectus for the mine in Chile (I actually sat and read this one) it's certainly a stock that one should keep on their chart watch list. imho!
Congratulations First Mate Spid's, Red is so sporty looking, you'll have heads turning all the time now  don't forget to wear your sunnies!
Nice post Captain ... Luv to all Julles 
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julles
Member
Username: julles
Post Number: 840
Registered: 01-2003Rating: N/A
Votes: 0
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| | Sunday, March 21, 2004 - 10:36 pm: |
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Ahoy Captain, do you see what I see ?
I just love the top chart, all the moving averages are moving up to the 105 ema line, I reckon if the price crosses it hold on to your hats!!!
I'm buying in the morning. Action behind words and all.
Wish me luck and hold me tight if things go wrong..
Julles 
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