To: abuelita who wrote (31279 ) 3/18/2008 3:50:16 PM From: Maurice Winn Read Replies (1) | Respond to of 220190 Rose, it is idyllic. So too is standing on the bank overlooking Lake Taupo towards the Ruapehu, Ngauruhoe volcanoes. But like many idylls, it's a fool's paradise. Note the presence of the Pacific Ocean, which covers half the planet. Viewed from space it's a giant bulls-eye. A hit on that half of Earth by a bolide sends "ripples" across the ocean at high speed. Similarly, when Matata erupts in a volcano like those that formed Lake Taupo or Lake Rotorua, there will be a very large wave formation which arrives a short time later on the beach. Matata has been rumbling for some time which might be indicative of incipient eruption. The pumice-forming phreatomagmatic eruptions are not gradual affairs like Auckland's scoriaceous and basaltic lava eruptions which make a great sight to stand a few hundred metres clear of to enjoy the spectacle. The liquid to gas transformation eruptions, with great amounts of combustible material go with a bang, By "bang" I mean more like "boom" and not so much boom as a super large scale compression of air. In that area, pumic is the norm. Pumice is a rock which is almost as light as polystyrene being full of bubbles with very thin walls between them. Either bolide or eruption will remove umpty thousands of houses and other properties around New Zealand, and the Pacific Rim, along with the people who in NZ won't have time to get away. If they are lucky, they might get a couple of minutes warning of impending doom. But normally people don't figure out what's happening and even if they do, don't realize the implications. For example, people remained seated in the Twin Tower despite the one next door being in flames and obviously extremely heavily damaged. Being a long way away from anything like that is always a good idea. Gawping at the sight is NOT a good idea. They were told to stay there by "authorities". Idiots! I would have ignored the authorities and run for it. I would run for it from the current financial carnage but I don't really know where to run to. Yes, I have heard that it's a no-brainer to run to gold. Perhaps. So far, QCOM, like my boring shares during the 1987 crash, are doing okay, relatively speaking. With the bid/ask difference in gold, I'm still better off in QCOM. My US$ are up a lot against some other shares which I am interested in owning. There might be some better bargains soon. Bear Stearns for example was going cheap. Lehman was cheap too. Goldman Sachs is rumoured to be about to go belly up too. Check out their graph plunging down, so somebody knows something. I should short Goldman Sachs ready to buy it at super low prices. Did you hear the rumour that GS is next to go? No? That might be because I have just started it and you are the first to know. But I think that's an excellent rumour, so feel free to tell others about it. Lehman was rumoured to be on the way out and a lot of people made a lot of money on the plunge and bounce back up when the rumour failed to arrive in reality. I dare say there is some rumour mongering for just such purposes. Self-fulfilling prophecies can work well in such circumstances because nobody wants to be left holding the bag. Mqurice