Incredible Charts Stock Market Charting Software. Home Site Map About Us Privacy Policy Advertise (pdf) Contact Us
 
 
You need to register separately on the Chart Forum
- see Chart Forum Help
Edit Profile Profile Help Help
Forum Rules Forum Rules Advanced Help/Instructions Advanced Help
Search Last 1|3|7 Days
Search Search Forum Tree View Tree View
   

Archive through September 08, 2004

Chart Forum » Traders Groups » "Sailing the ASX" » Voyage #2 'The Greatest Sport of All" » Archive through September 08, 2004

««  «  Previous  Next  »  »»


Author Message

Top of pagePrevious messageNext messageBottom of page Link to this message
captain_chaza
Member
Username: captain_chaza

Post Number: 934
Registered: 02-2003

Rating: N/A
Votes: 0


Monday, September 06, 2004 - 08:35 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Ahoy Sea-cadet Nicola

You of all people ditching the MOS?
What? I don't believe you!
Your body language confirms it!

And Yes it's great to be back at sea on the ASx after spending lots of time at the Cafe and my brothers farm
I have had enough of landlubbers and farm animals to do me a lifetime (sorry I meant to say a Long term of 10 years)

I suppose its best to set the Objective of our next cruise

"The Objective"

A man must have some objective that impels him to set out. This is obvious. Yet, it must be clear in his mind just what his objective is, otherwise his ship may be prepared for one thing, his crew expecting another.

There is a wide range of objectives that have set men sailing across the ASX. Some are resolved to sail solo in small or large craft, just to show they can do it. Others, cruise in new waters just because it is far from the strain of work and home pressures. Some may sail together with their wife and children on board so that their children can start their life in a vigorous new environment. Others will have a marine excursion for personal taxing challenges.

But for the most part, men set out largely because they simply love the life at sea.

In recent years, more men and women have set out to race each other across the ASX for no other reason than it is the nature of man to race, to know precisely where the destination lies and to compete for the splendid trophies and prize money.

As any voyage offshore is a difficult task, before starting his preparations he will do well to decide precisely what he wants to do and where he wishes to go. That is unless he has such wealth, he can afford to prepare for anything, act according to the whim of the moment and claim to himself and his crew that any unpleasant excursion had an alternative motive. Maybe a very long-term goal, luxury class accommodation with all its benefits and many other complex and taxing reasons are common.

By nature man is competitive and finds great satisfaction from working hard either singularly or together as a team member to accomplish a set goal. This applies even more so, to the greatest sport of all, “Sailing the ASX .”

By definition, for every winner there must inevitably be a loser. Hence, the greatest sustained effort possible is not only needed but demanded much more in this sport than is the case in any other.

The frustration, anticipation and anxiety about selecting the most satisfying ocean to challenge, the best ship on which to sail and then the thrill of fast sailing through her waves produces more adrenalins than can be formulated in any drug.

The loneliness in the vastness of the open ocean is only contrasted to the warm friendship of land; the anticipation and apprehensions of the wind and seas force and direction; the perplexing evolution of a calm; the intense concentration of steering the craft and the hectic midnight battles as the Global Exchange never sleeps; the impetuous wave riding as she foams ahead scarcely under control and the heavy thud as she falls off a wave top to lie shaken in the trough.

All these are lively champagne experiences that can only be tasted to the fullest and enjoyed by a crew whose training is fully mature as they closely watch the duels between the bullish and bearish skippers.

Incentive also comes primarily from the knowledge, even conviction that the objective is worth attaining. If the crew knows that extra effort is needed to prepare themselves to save one of their own lives in an emergency, the incentive is clear.

It has been documented that some have sailed for their lives and livelihood. However, men usually sail the for fun and always with risk capital.

That's my Disclaimer Officer's Archie, St Peter and sea-cadet Dennis the Menace

I must remind all the sea-cadets who wish to join us on this voyage to fill in the Sweet FA in full
It must be completed in full or not at all
This journey is all about TA v Sweet FA

SWEET FA Questionaire
A good Practice Drill for All Sea- cadets confused with the applications of TA with Sweet FA

Company Analysis

With a shortlist of companies, an investor might analyze the resources and capabilities within each company to identify those companies that are capable of creating and maintaining a competitive advantage. The analysis could focus on selecting companies with a sensible business plan, solid management and sound financials.

Business plan
The business plan, model or concept forms the bedrock upon which all else is built. If the plan, model or concepts stink, there is little hope for the business. For a new business, the questions may be: Does its business make sense? Is it feasible? Is there a market? Can a profit be made? For an established business, the questions may be: Is the company's direction clearly defined? Is the company a leader in the market? Can the company maintain leadership?

Management
In order to execute a business plan, a company requires top-quality management. Investors might look at management to assess their capabilities, strengths and weaknesses. Even the best-laid plans in the most dynamic industries can go to waste with bad management (AMD in semiconductors). Alternatively, even strong management can make for extraordinary success in a mature industry (Alcoa in aluminum). Some of the questions to ask might include: How talented is the management team? Do they have a track record? How long have they worked together? Can management deliver on its promises? If management is a problem, it is sometimes best to move on.

Financial analysis
The final step to this analysis process would be to take apart the financial statements and come up with a means of valuation. Below is a list of potential inputs into a financial analysis.

Accounts Payable
Accounts Receivable
Acid Ratio
Amortization
Assets - Current
Assets - Fixed
Book Value
Brand
Business Cycle
Business Idea
Business Model
Business Plan
Capital Expenses
Cash Flow
Cash on hand
Current Ratio
Customer Relationships
Days Payable
Days Receivable
Debt
Debt Structure
Debt:Equity Ratio
Depreciation
Derivatives-Hedging
Discounted Cash Flow
Dividend
Dividend Cover
Earnings
EBITDA
Economic Growth
Equity
Equity Risk Premium
Expenses Good Will
Gross Profit Margin
Growth
Industry
Interest Cover
International
Investment
Liabilities - Current
Liabilities - Long-term
Management
Market Growth
Market Share
Net Profit Margin
Page view Growth
Patents
Price/Book Value
Price/Earnings
PEG
Price/Sales
Product
Product Placement
Regulations
R & D
Revenues
Sector
Stock Options
Strategy

Now that we have lost all our sea-cadets the Captain does need a lot of help from Technical Analysts usually given an officership for their meticulous attention to detail in the selection and drawing of charts

Our long term voyage this time is to go N of E as far as possible in these treacherous waters by Xmas

Burn the midnight oil tonite brave and loyal crew
Collisions and Storms in these seas are "Known"
If we can get through the next 2 months relatively unscathed we should come home fast under wet sail in the last few weeks

Bon Voyage and God be with us
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


"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





Top of pagePrevious messageNext messageBottom of page Link to this message
captain_chaza
Member
Username: captain_chaza

Post Number: 935
Registered: 02-2003

Rating: N/A
Votes: 0


Monday, September 06, 2004 - 10:12 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Ahoy Cadet Officer Braveheart and our Ample Cook

Could I entrust to you the heaviest load of all when setting sail on the ASX
That is : Entrust in you the responsibility to inform the senior officers of this good ship the possibilities of any "A" Class sail catching wind
That is to say
Any sail with signage starting with the letter "A" is in your sights
A very difficult task I know but I feel you are the best fitted to take on this mammoth challenge

Sea_Cadet Officer Susie Q
Could you take care of the "B" Class
Almost as huge

Officer Ice
Could you look after the "C" class
Should be easy for a seaman of your calibre

1st Officer Spids
Could you set the stop loss and Lifelines as we go?
Let's protect our Hull as best we can

Crewhands required to fill all classes of sails
except the MOS
I entrust this huge task to Sea-cadetrs Nicola and his first mate Mosaic 1996
Hopefully you could both squeeze in a few more "M"s under this heavy workload

Only charts need to be posted if show some sort of short term interest
Naturally, the Captain will make the final decision whether it is a long or short call
As always Only the Captain goes down with the ship

There are lots of jobs onboard this great ship so all please apply if you feel you can do some good in our effort to sail North of East

No explanations are to be entered into by the Capt but TA discussion by the crew is highly recommended in real time
That's what you call putting pressure on the Skipper

Any ship taking on the deep waters of the ASX nowadays is in effect a team effort of man against the elements
The "Known & the Unknown"

Sure we will be surprised and disappointed at times but life sucks whether your on Land or at Sea
You can't get them all! All the time!

It is just simply learning how to love being a human and avoiding all the sharks on land and at sea

Captain Chaza
HMAS Incredulous


INCREDIBLE OFFER     -    only $12 USD per month

30 day FREE trial    -     Download Here 






"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





Top of pagePrevious messageNext messageBottom of page Link to this message
shubh_labh
Member
Username: shubh_labh

Post Number: 89
Registered: 06-2004

Rating: N/A
Votes: 0


Monday, September 06, 2004 - 10:16 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Regards Captain and good dishes towards all who join you in this incredible journey under your credible stewardship.

Like holding a candle in front of a lighthouse on a windy night....... may I be permitted to bring to your kind attention shn, smx, qrs, cbh, flx, ttr, mtr, pdn.

Looking fowrward to some fun times.


Please do not consider my mention of any stocks to be a recommendation to buy, sell or hold. I am here to learn.

Top of pagePrevious messageNext messageBottom of page Link to this message
captain_chaza
Member
Username: captain_chaza

Post Number: 936
Registered: 02-2003

Rating: N/A
Votes: 0


Monday, September 06, 2004 - 11:26 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Ahoy Officer St Peter

I have probably left one on the hardest tasks onboard the Good ship HMAS "Incredulous" to you
Our Candlestick Chartist with very few equals

Could you present to the Capt your Candlestick charts without predudice of the ranting and ravings of our over-exhauberent crewhands

Please Filter in your own short terms (3mths) of course to keep the Capt on his toes but please tell me whether I made a good or bad call within 120 mins
Sometimes the 1st Officer Spids sleeps in and lots can be lost in those early hours

All I need is the last 12 months form guide
I know you know what I need
Thanking you in advance Officer St Peter
I appreciate your and my money is on the line once again

Good luck St Pete's and God be with us again
Captain Chaza
HMAS Incredulous
PS Officers ? & ?
Please feel welcome to post your (short term) charts on this thread

The Captain always gets into a fight when on land and hates going outside this thread to spy on the unsuspecting landlubbers

PS #2 Setting up watchlists is not a simple job
Please try to complete them by next Sunday my brave and loyal crew
We will just have to sail as best we can on our thumbs this week and hop into our share of luck


"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





Top of pagePrevious messageNext messageBottom of page Link to this message
susieq
Member
Username: susieq

Post Number: 368
Registered: 12-2002

Rating: N/A
Votes: 0


Tuesday, September 07, 2004 - 09:43 am:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Ahoy CC

Will do, leave it with me a cuppla days. Had a quick peruse and there are some shockers but might find a few worthy of a look

Cheers

SusieQ


Top of pagePrevious messageNext messageBottom of page Link to this message
peterloh
Member
Username: peterloh

Post Number: 612
Registered: 03-2003

Rating: N/A
Votes: 0


Tuesday, September 07, 2004 - 11:01 am:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Ahoy Captain,

Thank you for the complementaries.

This one is for the seamen & crews. When using candlestick to predict share movements for short term trade extra caution is to be taken for small capitalisation and minor capitalisation shares. The reason is these could be easily manipulated due to their small capitalisation. A large seller or buyer can influence the outcome easily.

Having said that the Captain has through his experience guide us through the storm and tempest and thus landed the bounty for us all. Although we are concern with the individual battle, we cannot win all battles, the ultimate aim is to win the war and control the sea.

Good Sailing and get ready for the sail of your life.

Peterloh


-------------------------------------------------
Disclaimer: Please note that comments made in this column is mainly for the interpretation of charts in technical analysis. It is not made in my professional capacity and should not be taken as advice.In my professional capacity I am only allowed to give advice on certain managed funds authorised by my license dealer.Any share discuss is for general interest and should not be relied on to make an investment decision.It is likely that I may own the shares that we discussed as a trade or as an investment. Please consult your stock broker or financial adviser in regard to your personal situation.

Top of pagePrevious messageNext messageBottom of page Link to this message
captain_chaza
Member
Username: captain_chaza

Post Number: 937
Registered: 02-2003

Rating: N/A
Votes: 0


Tuesday, September 07, 2004 - 12:17 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Ahoy Brave and Loyal crew

Hoist the green SLT 0.50c

Bon voyage and Gods speed
Captain Chaza

capn


"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





Top of pagePrevious messageNext messageBottom of page Link to this message
justice
Member
Username: justice

Post Number: 294
Registered: 01-2003

Rating: N/A
Votes: 0


Tuesday, September 07, 2004 - 12:39 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



CCE is in pre-market auction


Faber est suae quisque fortunae.
Each man is the smith of his own fortune.~ Appius Claudius Caecus

Top of pagePrevious messageNext messageBottom of page Link to this message
dollars
Member
Username: dollars

Post Number: 104
Registered: 09-2002

Rating: N/A
Votes: 0


Tuesday, September 07, 2004 - 01:45 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Hi to CC and the rest of the crew

another PM penny stock to come to my attention today SMO

tight bollingers, longer term MACD looking set to cross

I hold

cheers $


Top of pagePrevious messageNext messageBottom of page Link to this message
julles
Member
Username: julles

Post Number: 1210
Registered: 01-2003

Rating: N/A
Votes: 0


Tuesday, September 07, 2004 - 03:07 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Oex just went berserk! Not even a hint in the chart :-(

Julles


If you don't know, then how would I know?

That's why we communicate, maybe we can discuss something and reach a conclusion that makes us feel OK about our choices, not right not wrong but OK because we made the choice.


Top of pagePrevious messageNext messageBottom of page Link to this message
peterloh
Member
Username: peterloh

Post Number: 613
Registered: 03-2003

Rating: N/A
Votes: 0


Tuesday, September 07, 2004 - 05:09 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Ahoy Captain,

Great start off the block. As usual you have picked the right time and tide for your sail.

Peterloh


-------------------------------------------------
Disclaimer: Please note that comments made in this column is mainly for the interpretation of charts in technical analysis. It is not made in my professional capacity and should not be taken as advice.In my professional capacity I am only allowed to give advice on certain managed funds authorised by my license dealer.Any share discuss is for general interest and should not be relied on to make an investment decision.It is likely that I may own the shares that we discussed as a trade or as an investment. Please consult your stock broker or financial adviser in regard to your personal situation.

Top of pagePrevious messageNext messageBottom of page Link to this message
captain_chaza
Member
Username: captain_chaza

Post Number: 938
Registered: 02-2003

Rating: N/A
Votes: 0


Tuesday, September 07, 2004 - 08:03 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Ahoy Officer St Peter

Thanks for those kind words or was that a backhander?
The Wind Always Calls the Tune

If I had have been able to find more sails to hoist I would have done so and with out much hesitation
Do you really think I like sailing around in the open seas with 2 green Jib sails?

You know darn well I am addicted to Sailing the ASX under a full spread of sail presented to the wind
I just love it!

However it will take some time for me and our crew to get back our sea legs after such a long time on land and learn to work together as a well tuned orchestra instead of the rabble of some university debating society

The Captain only returned to the sea for the love of it
And
#2 There was nothing on land worth staying there for anyway

Ahoy St Peter
I promise one thing
When the seas and tides change I will cancel my Foxtel subscription
Until then it's probably best to go slow and steady as well we can in these treacherous waters and wait for The Wind to Call the Tune

Once we see charts from our Senior Officers we will know the wind and seas are changing

Did you know St Petes only a hand full of sails make up the All Ords
All the rest are waited out of the equation to give the Mum's and Dads the illusion of a "Flagship"

When the Nasdaq overpowered the Dow Jones in the late 90s and it looked like the "New age stocks were better than the Old age classifications
Captains Stupid and Poorer tried to fix the books to give more respect to the DOW by including Microsoft and Intel
The tech boom busted and the DOW fell
OUCH!
Chaos at sea ruled again!

These 2 troublemaking Captains have GIC'ed our indicies beyond recognition and have rendered them totally useless for any FA or Technical analyst
Does anybody out there find them useful NOWADAYS???

One of the most important lessons I leant during our Epic 1st 12 month voyage on the Good ship 'Incredulous" was that by hoisting a few sails at a time as the wind calls the