Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (64960)	6/13/2005 1:48:19 AM
From: BubbaFred	Respond to of 74559

NEM is due for a short term bounce to the 40-42 level, based on technical indicators (inverted H&S and higher lows). Too bad the put option premium is so low, or I would have shorted the July 35 puts.

To: Snowshoe who wrote (64960)	6/13/2005 3:30:09 AM
From: elmatador	Respond to of 74559

iViva la conspiracio'n! Behind weeks of protest in Bolivia, the occupation of gas fields and the resignation of the president, conspiracy theorists see the hand of Venezuela's trouble-stirring leader, Hugo Cha'vez. Latin America Published: June 12 2005 17:24 \| Last updated: June 12 2005 17:24 iViva la conspiracio'n! Behind weeks of protest in Bolivia, the occupation of gas fields and the resignation of the president, conspiracy theorists see the hand of Venezuela's trouble-stirring leader, Hugo Cha'vez. The nationalisation of Bolivia's energy resources, the theorists whisper, would leave an open field for Venezuela's oil giant, PDVSA, to tiptoe in after other foreign investors are ejected. Such theories belong in Latin America's novels of magical realism, not in the real world. Talk of civil war in Bolivia seems similarly overdone. But events there nevertheless have serious implications. Bolivia's $8bn economy may be tiny, but its gas reserves are the continent's second largest. The industry's opening up in the 1990s led to the entry of Brazil's Petrobras, Spain's Repsol YPF, and the UK's BG and BP. So significant are these companies in Bolivia's economy that Petrobras, for example, accounts for 20 per cent of government revenues. But the new government will face enormous pressure to nationalise. Even without nationalisation, a recent increase in oil companies' tax burden from 18 to 50 per cent will badly hit the foreign investment so necessary to turn Bolivia's reserves into actual production. The unrest highlights regional trends. The boost to growth from the commodities boom the Andean region grew 7.3 per cent last year has masked rising discontent among populations who see little sign of that growth filtering down to them. In Peru, public protests at mining projects are increasing. In Ecuador a bill to funnel private capital into the state-dominated oil industry was voted down last year. In Venezuela, a de facto state takeover of the oil industry has allowed Mr Cha'vez to afford a style of populism his neighbours may now be aspiring to. Bolivia was once seen as a shining exemplar of the so-called Washington Consensus marrying political democratisation with economic liberalisation but the social rifts it is grappling with now glaringly expose the weaknesses of the model. Nationalising Latin governments may seem like a blast from the past, but could in fact be the wave of the future.

To: Snowshoe who wrote (64960)	6/13/2005 2:02:38 PM
From: TobagoJack	Respond to of 74559

hello snowshoe, i must confess that i have not been paying much attention, perhaps 5% of my normal, to the financial market place, as i had been engaged in a battle for life against death of my very own, struggling to gain control of something distressingly worthwhile and potentially valuable. i now have control, pending obligatory and for sure but never-the-less necessary officialdom recognition here in hk, and am concentrating on business plans, staff stabilization, and such, else CobaltBlue will accuse me of not being an entrepreneur. i have lost track, but somewhere between 60-80% of my nav is deployed in the wager, and i look for a 20-50x return on total equity+leverage moolah deployed within 60 months ... or i wish it ... dare to think it ... hope ... pray ... fantasize ... dream ... and fear the alternative outcomes tout ou rein, or as pezz says, full speed ahead i like excitement and seek thrills, and if i am not worried, i am not betting enough on gold, i figure it will go up between now and end of the year; on tech, i have no feel, except to say that they will never not likely escape the carnage elsewhere in money space on housing, the center of the core of the moolah universe, i think i know. i am now staying one night at a usd 5 m penthouse apt overlooking the ocean that rents at 2% net yield on temp basis and 1% on full year basis, and another night at a decrepit and rotting usd 3 m house two stones throw from another beach, renting for full year at less than 1% yield, and the cost of officialdom on both are about to rise ... across the street from the apartment, 5 hotels have been torn down, to make way for condos and timeshares it is going to be very bad this time around, or alternatively, very very bad chugs, j

To: Snowshoe who wrote (64960)	6/13/2005 2:02:46 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

hello snowshoe, i must confess that i have not been paying much attention, perhaps 5% of my normal, to the financial market place, as i had been engaged in a battle for life against death of my very own, struggling to gain control of something distressingly worthwhile and potentially valuable. i now have control, pending obligatory and for sure but never-the-less necessary officialdom recognition here in hk, and am concentrating on business plans, staff stabilization, and such, else CobaltBlue will accuse me of not being an entrepreneur. i have lost track, but somewhere between 60-80% of my nav is deployed in the wager, and i look for a 20-50x return on total equity+leverage moolah deployed within 60 months ... or i wish it ... dare to think it ... hope ... pray ... fantasize ... dream ... and fear the alternative outcomes tout ou rein, or as pezz says, full speed ahead i like excitement and seek thrills, and if i am not worried, i am not betting enough on gold, i figure it will go up between now and end of the year; on tech, i have no feel, except to say that they will never not likely escape the carnage elsewhere in money space on housing, the center of the core of the moolah universe, i think i know. i am now staying one night at a usd 5 m penthouse apt overlooking the ocean that rents at 2% net yield on temp basis and 1% on full year basis, and another night at a decrepit and rotting usd 3 m house two stones throw from another beach, renting for full year at less than 1% yield, and the cost of officialdom on both are about to rise ... across the street from the apartment, 5 hotels have been torn down, to make way for condos and timeshares it is going to be very bad this time around, or alternatively, very very bad chugs, j