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     dollars
Member
Username: dollars
Post Number: 16
Registered: 09-2002Rating: N/A
Votes: 0
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| | Wednesday, May 21, 2003 - 10:25 am: | 
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Looks as if NRT had a good day in the US last night up almost 4 % (NVGN)
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captain_chaza
Member
Username: captain_chaza
Post Number: 193
Registered: 02-2003Rating: N/A
Votes: 0
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| | Wednesday, May 21, 2003 - 10:03 pm: |
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Ahoy dollars
I noticed your post before dawn and it did comfort me no end but I had to rush off
It is strange that the RIO ,NAB, NCP are not following the same motion in the Northern Oceans?
I never knew NRT was on the NYSE and have never looked as I only really sail NCP to help fill in the gaps
If we are going to be a force in this International Sport I feel we should allocate duties to all and to have the best suited to the task at hand
I feel you ( dollars) have the ability and should put your hand up to watch the Northern Oceans
(Aussie stocks)) on behalf of This "Incredulous ship"
Alerts are good enough for me as you know only the Captain goes down with the ship and if given enough time we could even discuss it with the mate and our brave, very fit and sea-ready crew
C'mon dollars
Please take on the role of Our "Northern Watch"
I know you can do it!!!
Captain Chaza
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wadda
Member
Username: wadda
Post Number: 47
Registered: 10-2002Rating: N/A
Votes: 0
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| | Thursday, May 22, 2003 - 12:01 am: |
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Still standing by on the bilge pumps Captain. The crew hadn't heard from you for a while...but then again you usually only venture out of your cabin after dark with the occasional afternoon foray for a visit to the heads.
It's good to be King - or Captain in this case.
Ready on the pumps, aye, sir. Happy with the NRT call but waited til it went above 4.00. ROC awaiting a break above 1.20. A swabby's got have some autonomy over his pay packet.
wadda
'This above all to thine own self be true'
Hamlet, Act II, Scene III
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captain_chaza
Member
Username: captain_chaza
Post Number: 194
Registered: 02-2003Rating: N/A
Votes: 0
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| | Thursday, May 22, 2003 - 12:56 am: |
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Ahoy Wadda
On this ship you must do as the Captain does
Declare beforehand your intension to buy and then log it in
Declare beforehand when you sell and log it out
This can be done in minutes and I can accept up to five minutes is reasonable to post an honest log
I prefer to just work on the open or close for the ease of paperwork
Some others on this site I know are paper traders but to progress to real sailing you must be responsible to someone else and declare your actions and tell ( Show and tell if you wish)
It's all very well to say I bought that one last month and I sold it this morning at the top
The Captain does not believe in after the fact hindsight and all the illusions of it can give you
Don't just declare the sell
Declare the round trip (within 5 mins of each execution)
That is paper trading at its best but it must be told /witnessed by someone else (The IC forum)
Watch the difference it makes to you and how quickly you will learn and improve
Only then should you take to the real sea as you feel sea- ready and able
Captain Chaza
My paper trades are now in sync with the real world
PPS2
I was once asked by a financial journalist of the AGE why chartists had holes in their shoes ?I showed him my new pair of SIOUX shoes and invited him back to my home to show him another 4 pair
He was very impressed
G'day Robo if you are still around
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wadda
Member
Username: wadda
Post Number: 49
Registered: 10-2002Rating: N/A
Votes: 0
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| | Thursday, May 22, 2003 - 01:34 am: |
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Capitano Chaza,
No prob with all of that - totally agree and that is why I posted earlier questioning some of the calls (for learning benefit) just before we passed through a squall at the beginning of the week which doesn't quite seem to have abated too much yet.
I do particularly agree with:
'but to progress to real sailing you must be responsible to someone else and declare your actions and tell'
and playing with real money is oh so different from paper trades.
Off for a quick rum before I kip.
wadda
'This above all to thine own self be true'
Hamlet, Act II, Scene III
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captain_chaza
Member
Username: captain_chaza
Post Number: 195
Registered: 02-2003Rating: N/A
Votes: 0
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| | Thursday, May 22, 2003 - 08:23 am: |
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Ahoy Brave and Loyal crew
Hold on tight as we push through the squall on minimum sails
The NRT up another 5.8% on Wall St overnight
Prepare to hoist some sails soon as we find fair wind and weather
I sometimes love sailing in bad weather
I found a few of my old notes you may like to read to explain my pre-occupation with safety
"Rough sea & Gale
To the deep seaman of the Global Exchange who is particular about precise classifications, a rough sea means that the waves are 5 meters high and a gale means a sustained wind speed of 34 knots. However this does not make him respect the less furious seas as all can sometimes breed into wild gales.
Overwhelming of the ship by the violence of the waves breaking over even large vessels have seriously damaged the ship of any size. Even large ships have been lost at sea.
When this happens old textbook's surface in every yacht club bar in Wall Street, Collins Street. and every Main Street on the Global Exchange.
“Is the weather change being caused by a temporary shift by a few bearish skippers taking a rest?”
“Will she breed into a minus 20% correction?”
Are they “Caught out” in a devastating full yachtsman’s gale?
There are many theories written on the best method of rough weather handling craft on the Global Exchange.
In my view, “Evasion” is the only policy. Even if more times than not, the forecasts of a possible gale does not eventuate. There is always time to get back on board and sometimes at a more comfortable level.
If the skipper runs for shelter on the first sight of bearish weather, the seas are becoming hostile and has the common sense to wait for the storm to pass over head, the odds of him ever facing the eye of a revolving storm will be relatively small.
However if he delays all can be lost.
On the Global Exchange all can be lost in the most important ingredient in life. That is time itself, the horizontal “x” axis that I call “Time Decay.”
No skipper worth his salt would consider dragging a wet sail and god save his crew if it is more than one.
If you are allowed to read the secret logbooks of many experienced skippers you will note an all too common practice. It is often referred to as ‘boxing the bear’
Surprisingly, it is a most popular practice.
Essentially, it stems from the old sailor's tale of the diverse spread of sail being the safest form of defence against rough sea and gale.
They simply refuse to see the bear or love a fight."
The Captain simply lowers the sails and is always happy to pay the small brokerages available nowadays for a few good nights sleep."
Captain Chaza
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dollars
Member
Username: dollars
Post Number: 17
Registered: 09-2002Rating: N/A
Votes: 0
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| | Thursday, May 22, 2003 - 10:50 am: |
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Ahoy Captain
I note NRT performance on increasing volume
Management currently on a road show in the US
promoting the company's interests.
Regarding the Northern Watch duties happy to oblige but would require some assistance regarding watchlist stock codes of US stocks (often ADR's) on our watchlist.
cheers $
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captain_chaza
Member
Username: captain_chaza
Post Number: 196
Registered: 02-2003Rating: N/A
Votes: 0
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| | Thursday, May 22, 2003 - 11:01 am: |
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Ahoy crew
I feel we can raise the AYO on the open
Go Go Go
Captain Chaza
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lafee
Member
Username: lafee
Post Number: 57
Registered: 04-2003Rating: N/A
Votes: 0
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| | Thursday, May 22, 2003 - 03:13 pm: |
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Captain,
What role would you like me to play on your grand ship?
Regards
LaFeeVerte.
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dollars
Member
Username: dollars
Post Number: 18
Registered: 09-2002Rating: N/A
Votes: 0
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| | Thursday, May 22, 2003 - 04:14 pm: |
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good call by the captain this morning NRT, AYO going great guns so far
started watchlist with asx/usa inter market relationships. Any ideas on a comprehensive list of asx stocks that trade in the US?
regards $
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captain_chaza
Member
Username: captain_chaza
Post Number: 197
Registered: 02-2003Rating: N/A
Votes: 0
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| | Thursday, May 22, 2003 - 04:33 pm: |
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Ahoy able seamen dollers,laffe and crew
It's great to see you have put your thumbs in for active duty on deck
I am sure it will make us an even grander and close knit crew
I will try to come up with some deck duties over the weekend we can toss around
Thanks
Captain Chaza
PS dollars
I only follow a few sister ships in the US as most are inactive
Thats why I was so thrilled to add your NRT to our ship's trousseaux of sails
I will send you what I have after dusk and after a bottle of rum and a few biscuits
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captain_chaza
Member
Username: captain_chaza
Post Number: 198
Registered: 02-2003Rating: N/A
Votes: 0
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| | Thursday, May 22, 2003 - 05:58 pm: |
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Ahoy 1st mate spids
I love that quote
"I try to take one day at a time, but sometimes several days attack me at once!"
Do you own it and can I quote it in my book?
Naturally it will be acknowledged to the 1st mate Spider, or Captain Spiderman or simply Terry if you wish
I love it!
Captain Chaza
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spider
Member
Username: spider
Post Number: 681
Registered: 10-2002Rating: N/A
Votes: 0
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| | Thursday, May 22, 2003 - 06:16 pm: |
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spider is not that creative.
But thankyou for thinking I was.
I got it somewhere, but it did not have an author with it.
So feel free.
spider.
I try to take one day at a time, but sometimes several days attack me at once!
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josh
Member
Username: josh
Post Number: 62
Registered: 02-2003Rating: N/A
Votes: 0
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| | Thursday, May 22, 2003 - 06:25 pm: |
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