Thought for the day

noirua · 7 April 2008

Most shares held for the long term where originally held for the short term.

noirua · 9 April 2008

When property slides in value, equities become attractive. If they both slide in value, you should already be sitting in cash.

noirua · 10 April 2008

Sometimes silence is thunderous.

noirua · 13 April 2008

Many may be pondering the IFS and BUTS in their considerations to assasinate Robert Mugabe.

2020hindsight · 13 April 2008

noirua said:
When property slides in value, equities become attractive. If they both slide in value, you should already be sitting in cash.

noi, fair enough that we should somehow try to avoid being there when the bovine excrement makes contact with the rotating reciprocating thingo...
:fan:

trouble is, as Warren Buffet said somewhere - we all want to avoid the Cinderella problem of losing our fancy shirt at midnight -
trouble is we are dancing in a room where the clocks have no hands

(PS by the time all the experts sing with one voice, it's too late.)

noirua · 13 April 2008

2020hindsight said:
noi, fair enough that we should somehow try to avoid being there when the bovine excrement makes contact with the rotating reciprocating thingo...
:fan:

trouble is, as Warren Buffet said somewhere - we all want to avoid the Cinderella problem of losing our fancy shirt at midnight -
trouble is we are dancing in a room where the clocks have no hands

(PS by the time all the experts sing with one voice, it's too late.)

Very interesting post. So many people invest a high percentage of their hard won cash in speculative small exploration stocks, and they are the first to crash. Then people look round to see what can be sold, and it's only the bigger stocks and they have to sell them. Thus disaster has arrived, as in the dotcom days.

2020hindsight · 13 April 2008

noirua said:
speculative small .. stocks, and they are the first to crash. Then people look round to see what can be sold, and it's only the bigger stocks and they have to sell them. Thus disaster has arrived, as in the dotcom days.

noi, The fact that there's no depth yes?
Even the tipping competition can be (extrememly) deceptive if you think you'll make those sorts of profits -

If you follow it for a few months, the average comes out about square - providing you are playing with $100's and not $1,000's. i.e. were we to actually trade in those stocks with any sort of significant 'bet', we'd probably get 10% (or so) less that the "last sell price" etc.

eg MHL (to take an example) which is (theoretically) up 25% this month ...( 0.016 to 0.020)
suppose you bought 3 million at start of month.

so you bought at 0.016 (yeah right - you actually paid on average probably 0.017 or 0.018 - say 0.0175 average.

theoretical purchase price = 0.016 x 3mill = $48,000
actual purchase price = say 0.0175 x 3mill = $52,500.

then the tipping comp says you could sell for 0.02 (last price Friday, - see jpeg of market depth at close Friday) = $60,000,

in fact you'd sell
253750 at 0.019,
927945 at 0.018
and
1818305 at 0.017
i.e. you'd sell 3,000,000 at average 0f 0.01748 = $52,435

and where you thought you were making 25% PROFIT
yuo'd actually make a LOSS of $65 plus brokerage say $130.

so suddenly up by 25%
really means down by 0.03%
(E&OE) - I could have made a mistake here, (and possibly unfair to take market depth values after close) - but you get the ghist - in fact I'm agreeing with you )

PS when I said "If you follow it for a few months, the average comes out about square - providing you are playing with $100's and not $1,000's. " - I was obviously also ignoring brokerage

noirua · 14 April 2008

P347 Errrrrrrrrrrrrrrr yes 2020, I think, anyway, I get the drift, cheers

Zimbabwe and the election: Pandoras box, as in the voting boxes, was finally opened, and all the pain and suffering was let out. All the fiddling and sculdugery. Looking at the bottom of the box, yes, there is going to be something left, it will be "HOPE".

2020hindsight · 15 April 2008

Sometimes you just gotta do things twice , eg

Rough Drafts (Pick of Punch)

....Therefore E= m/c . pi. r^2
...... no no surely not
....Start again 1+1 = 2
....Therefore ...

noirua · 15 April 2008

Thoughts or ramblings: Just gone metric, spent all my time learning pounds, shillings and pence, and the odd h'penny and farthing, not a groat in sight, and ne'er ever a "pieces of eight". Miles, yards, feet and inches, races in furlongs, pounds and ounces, and what comes to pass?

HELL! Millimetres, decametres and the bl**** kilometres, kilogrammes, dollars, and all that suffering to learn it all, is lost, Hmmmmmmmmmmmmmmm

2020hindsight · 15 April 2008

noirua said:
Thoughts or ramblings: Just gone metric, spent all my time learning pounds, shillings and pence, and the odd h'penny and farthing, not a groat in sight, and ne'er ever a "pieces of eight". Miles, yards, feet and inches, races in furlongs, pounds and ounces, and what comes to pass?

HELL! Millimetres, decametres and the bl**** kilometres, kilogrammes, dollars, and all that suffering to learn it all, is lost, Hmmmmmmmmmmmmmmm

wasn't there a joke about the farmer - just after metric came in

heck I used to buy a bale of hay for 50 quid, now it's doubled to $100!
the wool clip is halved from 100 lb to 50kilo
25 gallons of molasses used to last me a month and now I've gotta buy 100 litres,

... and to make matters worse, now that I'm 32km out of town instead of 20 miles - it's too far for anyone to come out and buy me out. :sheep::cowboy:

noirua · 17 April 2008

2020hindsight said:
wasn't there a joke about the farmer - just after metric came in

heck I used to buy a bale of hay for 50 quid, now it's doubled to $100!
the wool clip is halved from 100 lb to 50kilo
25 gallons of molasses used to last me a month and now I've gotta buy 100 litres,

... and to make matters worse, now that I'm 32km out of town instead of 20 miles - it's too far for anyone to come out and buy me out. :sheep::cowboy:

...and a "penny for your thoughts", became, "two cents worth".

Life, if it is a joke, then let's make it a good one - Kenneth Williams, actor and comedian.

noirua · 18 April 2008

There's gold in them there hills, he shouted, and he shouted and shouted and shouted, and still they kept coming. He quickly sold his land and departed, never to return, infact quietly, very quietly indeed.

noirua · 19 April 2008

You'r out of your depth, even worse, you can't swim.

noirua · 20 April 2008

Robert Mugabe: I shall be proclaimed King Mugabe and all my descendants will reign after me. Just like the British Queen I shall sign all the laws past by our Government or rather, they will only become law after I have signed them. I will build a palace and call it Buckingham Palace and will build a Castle called Windsor Castle, and my eldest son shall have farming land just like Prince Charles.
Yes indeed, let's see them complain about that one.

2020hindsight · 20 April 2008

Zimbabwe National Anthem :-
forte enthusiasmo malto ober bigsticko
(i.e. Must be sung with enthusiasm! or else!)

Blessed be the Land of Zimbabwe

English:

O lift high the banner, the flag of Zimbabwe
The symbol of freedom proclaiming victory;
We praise our heros' sacrifice,
And vow to keep our land from foes;

And may the Almighty protect and bless our land.
O lovely Zimbabwe, so wondrously adorned
With mountains, and rivers cascading, flowing free;
May rain abound, and fertile fields;

May we be fed, our labour blessed;
And may the Almighty protect and bless our land.
O God, we beseech Thee to bless our native land;
The land of our fathers bestowed upon us all;

From Zambezi to Limpopo (to their foreign bank accounts?)
May leaders be exemplary;
And may the Almighty protect and bless our land.

Julia · 20 April 2008

noirua said:
Robert Mugabe: I shall be proclaimed King Mugabe and all my descendants will reign after me. Just like the British Queen I shall sign all the laws past by our Government or rather, they will only become law after I have signed them. I will build a palace and call it Buckingham Palace and will build a Castle called Windsor Castle, and my eldest son shall have farming land just like Prince Charles.
Yes indeed, let's see them complain about that one.

Noirua, are you being facetious or did he actually really say that???

2020hindsight · 21 April 2008

Free-Climbing Lovers Leap

no ropes, no net

noirua · 22 April 2008

Julia said:
Noirua, are you being facetious or did he actually really say that???

Having plunged into the depths of numerology and into outerspace. You will understand, that whatever comes into my head, even if it's didly squat, it probably came first to Mugabe whilst gazing in his mirror, and thus sent directly to me for posting on ASF. I've sent these fellers in to sort him out :sword::rippergun :bigun2::shoot::badass:

noirua · 22 April 2008

If you want to get ahead, GET a "head".

Thought for the day

noirua

noirua

noirua

noirua

2020hindsight

noirua

2020hindsight

Attachments

noirua

2020hindsight

noirua

2020hindsight

noirua

noirua

noirua

noirua

2020hindsight

Julia

In Memoriam

2020hindsight

Attachments

noirua

noirua

Similar threads

Thought for the day

Attachments

In Memoriam

Attachments

Similar threads

Privacy & Transparency

Privacy & Transparency