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     scalper
Member
Username: scalper
Post Number: 65
Registered: 03-2003Rating: N/A
Votes: 0
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| | Tuesday, April 13, 2004 - 10:24 am: | 
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Ahoy Captain
Scalper back in action after a compulsory 11 day lay off, called a "Holiday".
Can't wait to get back into my speed boat and hoist a few quick sails, but may take a bit of time to get the mindset right.
11 days by the sea was just the ticket, now have a million and one ideas ticking in my head.
It's good to be back.
Look forward to reading some of the postings to get my blood pumping
Cheers to the Crew.
Scalper
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captain_chaza
Member
Username: captain_chaza
Post Number: 819
Registered: 02-2003Rating: N/A
Votes: 0
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| | Tuesday, April 13, 2004 - 04:57 pm: |
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Ahoy Chief Petty Officer Starboard Tack
I hoped you didn't get stopped out with the EPT 6 months ago when we first hoisted the beautiful bitch
I still can't understand why I didn't average down around the mid 60's
Just as well it was a long term investment call, Hey?
Hold on fearless ST
All we have to do now is pick the top and then exit
She has been a long haul and owes us heaps
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"While we stop and think, we often miss our opportunity." Publilius Syrus, 1st century B.C.
"I believe the future is only the past again, entered through another gate."
Sir Arthur Wing Pinero 1893
"There are two times in a man's life when he should not speculate: When he can't afford it, and when he can." Mark Twain, 1897
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starboard_tack
Member
Username: starboard_tack
Post Number: 124
Registered: 04-2003Rating: N/A
Votes: 0
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| | Tuesday, April 13, 2004 - 05:13 pm: |
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Ahoy Cap,
I have to confess that I did get stopped out after we hoisted it!! But I entered again when it recently broke .76 - so I'm very happy with the wind in its sails today. It has paid me back.
Starb'd
PS Thanks for the promotion!!
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starboard_tack
Member
Username: starboard_tack
Post Number: 125
Registered: 04-2003Rating: N/A
Votes: 0
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| | Tuesday, April 13, 2004 - 05:28 pm: |
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Captain,
Lets hope that the same is happening with ETT. The last few trading days look much more positive! Maybe the landlubbers are starting to get used to the change in decimal point.
Regards,
Starb'd
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julles
Member
Username: julles
Post Number: 911
Registered: 01-2003Rating: N/A
Votes: 0
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| | Wednesday, April 14, 2004 - 10:21 am: |
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Might be a good day for Golf Captain 
Still just on the 'incase a miracle happens scenario' Ivk is worth a watch.
Julles
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starboard_tack
Member
Username: starboard_tack
Post Number: 126
Registered: 04-2003Rating: N/A
Votes: 0
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| | Wednesday, April 14, 2004 - 10:42 am: |
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Well Captain,
EPT did get a speeding ticket, but, instead of a plain "dunno why", they responded with a very positive "Dunno why"! Hope the trend continues.
Starb'd
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captain_chaza
Member
Username: captain_chaza
Post Number: 820
Registered: 02-2003Rating: N/A
Votes: 0
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| | Wednesday, April 14, 2004 - 10:46 am: |
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Ahoy brave and loyal crew
Batten down the hatches
All hands on deck
At dawn on the open
LOWER the green SRI
LOWER the green PCL
HOIST the red FAR
Bon Voyage and Gods speed
Captain Chaza
"While we stop and think, we often miss our opportunity." Publilius Syrus, 1st century B.C.
"I believe the future is only the past again, entered through another gate."
Sir Arthur Wing Pinero 1893
"There are two times in a man's life when he should not speculate: When he can't afford it, and when he can." Mark Twain, 1897
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stampy
Member
Username: stampy
Post Number: 24
Registered: 10-2003Rating: N/A
Votes: 0
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| | Wednesday, April 14, 2004 - 03:24 pm: |
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Ahoy Captain
I've looked it over a couple of times Captain and understanding that a little knowledge can be dangerous but was wondering why we sold PCL this morning?
I've looked at the chart and yes selling on the open was a good trade in hindsight, but i'm struggling to understand why it was a sell based on market activity. As Captain I understand you don't not like your sails being questioned. I'm just struggling to see the wind shift ahead.
Kind regards
Stampy
The cabin boy
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captain_chaza
Member
Username: captain_chaza
Post Number: 821
Registered: 02-2003Rating: N/A
Votes: 0
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| | Wednesday, April 14, 2004 - 06:31 pm: |
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Ahoy Cabin Boy Stampy
Nothing very scientific really, loyal Stampy
When we re- hoisted the PCL last Wed a gust caught us and we overpaid on the open
This in itself is not a bad sign but a good one
However the wind strength did not seem to hold firmly for the next 3 days
Yesterday was the only good green day but that was heavily based on large volume which is not "Wind" but Liquidity
IE "The depth of the water you are sailing upon"
We all have to make quick seamanship judgements almost every day
The skipper must always act instinctively and without hesitation (Sadly, Not one of the Captain's strongest qualities of Seamanship he is the proudest' )
But if you look around and see other skippers in trouble using similar classes of "running" (Energy) Sails that just stop and reverse forming Bull Trap weather patterns
It does scare the hell out of you a bit (see AMU) but can give you a few helpful clues and to respect for the sea for all her moods and tantrums
There is always time to re-hoist if and when the picture becomes clearer provided you have a good memory and the discipline to check the charts on a regular basis
"While we stop and think, we often miss our opportunity." Publilius Syrus, 1st century B.C.
"I believe the future is only the past again, entered through another gate."
Sir Arthur Wing Pinero 1893
"There are two times in a man's life when he should not speculate: When he can't afford it, and when he can." Mark Twain, 1897
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captain_chaza
Member
Username: captain_chaza
Post Number: 822
Registered: 02-2003Rating: N/A
Votes: 0
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| | Thursday, April 15, 2004 - 11:00 am: |
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Ahoy Braveheart
Seems like another good day for golf with no bloody wind
Geez we can be unlucky
I only put the MST back into my watchlist yesterday afternoon OUCH!
I really hate it when the Yanks get onto the front foot first
Sometimes Courage is not always enough Braveheart when Sailing the Global Exchange
We will now need to show extreme patience, rest up and tack another day
Captain Chaza
"While we stop and think, we often miss our opportunity." Publilius Syrus, 1st century B.C.
"I believe the future is only the past again, entered through another gate."
Sir Arthur Wing Pinero 1893
"There are two times in a man's life when he should not speculate: When he can't afford it, and when he can." Mark Twain, 1897
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julles
Member
Username: julles
Post Number: 912
Registered: 01-2003Rating: N/A
Votes: 0
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| | Thursday, April 15, 2004 - 11:25 am: |
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Ah Well Captain, your Ett is doing well. Julles
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captain_chaza
Member
Username: captain_chaza
Post Number: 823
Registered: 02-2003Rating: N/A
Votes: 0
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| | Thursday, April 15, 2004 - 12:10 pm: |
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Ahoy Baveheart
Yep the Ett #3 is doing well and has covered up the Captains mistake of Buying the ETT #1 at the top price
From memory we all got caught out in those days as no stop would have worked
Do you Remember that Chief Petty Officer Starboard Tack
The ETT #2 was a failed attempt to average down and pull the her back on deck
Gee Whiz It always takes great courage to hoist a #3 sail
What do we do now brave ST?
It is never really plain Sailing Is it?
TMS is finding a little wind
"While we stop and think, we often miss our opportunity." Publilius Syrus, 1st century B.C.
"I believe the future is only the past again, entered through another gate."
Sir Arthur Wing Pinero 1893
"There are two times in a man's life when he should not speculate: When he can't afford it, and when he can." Mark Twain, 1897
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starboard_tack
Member
Username: starboard_tack
Post Number: 127
Registered: 04-2003Rating: N/A
Votes: 0
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| | Thursday, April 15, 2004 - 01:14 pm: |
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Ahoy Captain,
Yes it was a very brave call on your part to raise the #3.
Where to from now? Well, for my part I will hold on. It appears to me that its only crime was to be too slow in the eyes of some skippers. They dumped it too quickly when there was no fresh news issued for a long time. Then came the 1 for 10 fiddle. That nocked the socks off it down to the recent bottom. I noticed a few days ago that there were no more sellers willing to drop further. I guess that all the skippers who love speed ("stink boat" drivers?) had dropped out by then, leaving only the long termers. I think that there will be some profit taking from some new blood that entered very recently, but that the general direction will be up. At what speed I don't know!
Regards,
Starb'd
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julles
Member
Username: julles
Post Number: 913
Registered: 01-2003Rating: N/A
Votes: 0
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| | Thursday, April 15, 2004 - 04:39 pm: |
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