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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (103873)4/18/2006 2:11:46 PM
From: Pogeu Mahone  Read Replies (2) | Respond to of 132070
 
don`t you love pissed off employees..
My son is in charge of a large real estate
companies computors in FLA, when one of the senior
bosses wanted to fark with him!
lol
Not that he would but he could ..
they better thank god
he does not have my nasty disposition ..
lol



To: Knighty Tin who wrote (103873)4/18/2006 3:49:17 PM
From: Tommaso  Read Replies (1) | Respond to of 132070
 
I just posted this elsewhere:

But what about the effect of these ETFs in gold and oil? The money that goes into them HAS to be put into futures contracts, and the number of futures contracts, as I understand it, always greatly exceeds the physical supply. That means that buyers who actually want to take delivery of the physical supply will be bidding against an enornously larger amount of cash that has gone into these ETFs. The futures markets could go absolutely insane with this kind of demand.

Or so it seems to me. Usually you have longs and shorts engaged in a zero-sum game, but the injection of ever-larger amounts of cash via the ETFs will quickly bankrupt all the shorts and there won't be any additional contracts for sale. The markets may have to close down. There will be a huge surplus of long contracts oustanding as claims against real gold and real oil that exists in much smaller amounts.

Gold could go to $2,000 an ounce and oil could go to $250 a barrel in a matter of weeks. The stocks of the producers could rise astronomically. There would have to be some kind of government intervention to put an end to the insanity. The owners of futures contracts would be forced to settle for a partial share of the actual commodity.

The thing to do would be to scale out, taking profits and getting into short-term T-Bills, if such a chain of events should occur.



To: Knighty Tin who wrote (103873)4/18/2006 4:29:55 PM
From: snookcity  Read Replies (2) | Respond to of 132070
 
biz.yahoo.com
guess i better look for a new job.



To: Knighty Tin who wrote (103873)4/18/2006 6:31:04 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
I am only playing Omaha High-Low 8 now, usually pot limit, though I will occasionally play it limit in a tournament. It fits my personality. The game is slow, so I can get a beer or take a leak if I fold and not miss a hand. I like being able to win with high or low, but I LOVE scooping both ends.

This is really a hand game and I am better at evaluating hands than people. You may be the world's greatest bluffer, but if I have a wheel, you aren't betting me off the hand. Even if I sometimes wish you could, especially when it ends up quartered.

The best feeling in the world is hitting the nuts high, then have 3 other players fighting to make the low. Every time the pot comes around, it's "raise da pot" for me. And they bitch and moan, but how do you throw away ace, deuce, three with a 4, 5 on the board? It's o.k. when we divvy it up and I get half and they each get a sixth. But it's even better when the third low card doesn't hit, or it hits but counterfeits one in their hands. Then I may get it all.

BTW, I hate it when some other SOB is in that position and I have the lock low. <G>

What is really great is that this game is much less understood than hold em or even Omaha high. Players will go all in with an ace/two before the flop, and then cringe as 9, 10, jack hits on the flop. Or, they'll have a mediocre low or a mediocre high and call if there is only one player left, thinking he's going one way or the other. Just to find he has the nuts low and a nuts flush.

The only negative is that you get a lot of beautiful cards in your hand and then the flop hits nowhere near you a lot of the time. It happens to everyone, but I consider it a personal insult when it happens to me. <G>

Good luck, all.