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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: pezz who wrote (35112)	5/24/2008 12:55:43 AM
From: TobagoJack	Read Replies (2) \| Respond to of 217588

hello pezz, today's report: (i) sold of the part of my enerplus finance.yahoo.com holdings for 48.15; they were bought here Message 24355392 for 11.7% gain. i continue to hold the bouquet bought at 39; (ii) sold off my australian worldwide exploration finance.yahoo.com at 4.40; they were bought here Message 24052994 for 2.99, allowing for a 47% gain; (iii) this just in in-tray, and i quote: From today's SCMP: The mainland's banking regulator has urged banks to immediately write off loans likely to default following the devastating Sichuan earthquake that has caused at least 67 billion yuan (HK$75 billion) in economic losses. Anticipating a possible rebound in bad debts, the China Banking Regulatory Commission said banks should recognise loans they are unlikely to recover and clear them off their loan books. For bank cards in overdraft and where the cardholders have either died or are missing, lenders should classify the card lending as non-performing loans and remove them from the loan portfolio. "This is to bring the level of bad loans to a minimum in a timely manner," the CBRC said. WOW! Can you imagine the US Treasury or the Federal Reserve demanding the banks / investment banks to do such a thing? At the moment, it seems as if the Fed is telling banks "sell me your bad loans so that you don't have to announce a loss anytime soon, if ever." China seems to be light years ahead of the US nowadays. Who is capitalistic and who is communistic? I'm confused..... ;-) Mac chugs, j

To: pezz who wrote (35112)	5/27/2008 7:26:12 PM
From: TobagoJack	Respond to of 217588

hello pezz, today's report: (i) bought some mitsui quote.yahoo.co.jp at yen 2685 on may 23rd ... it owns commodity resources of all sorts, trades the physical and paper, and has own ships so not at mercy of voracious pirate-like ship owners, and its information network is very extremely good (ii) am still in action beijing asking for coal and peddling power stations just as your president went around seeking crude and pawning bull in rebellious sands, and will hopefully be able to de-camp today for freedom hk after reaching more tolerable conclusion to reward trying in trying circumstance, at least more tolerable than what bush got from the tribal leaders in the desert (iii) do not have a good feeling about anything, because the crisis is not over, i suspect, and will get much worse now that the initial and correct panic has abated chugs, tj