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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (147718)	2/21/2009 3:21:18 PM
From: marcos	Read Replies (1) \| Respond to of 312903

Just kidding ... a feeble attempt to defuse tension between third and fourth parties, EC is on it now so we can move on [but have i mentioned ktn.v lately, lol] stp/roh - interesting about Inwentash and other Rochester players, what i'd heard was from the other side, Antony and people around him, they've already raised 100m bucks or more for Southern Pacific and had the share above 4.00, word is they'll have no problem promoting it when the price of crude cooperates to any degree ... and while it's a takeover target for sure, nobody is going to get it for a small premium over today's market cap ... you likely know about the Bounty Dev holdings and connections, there is powerful motivation here In re getting designated as trader - if there's any risk of it at all, save your receipts for anything connected, computer equipment, ISP, phone bills, travel, etc, because if they say you are acting 'in the nature of trade' then your costs become 'in the nature of expenses', you can deduct a percentage of all home costs for office use, ask a good accountant about this because it pays ... in many cases RevCan loses by departing from the no-expense-claim capgains method, provided that you learn the system right off ... some of the info in one of their pamphlets from four or five years ago was incorrect, opposite of the facts as far as claiming of expenses go ... i'm not up to date with the situation, and it does change, imho as soon as your trading gains exceed other income then you better learn their system fast and act accordingly ml.to - right back to previous buy levels, hmm ... don't know what i'd sell to buy any at the moment, not ready to take profits on golds quite yet, and getting more interested in oilsands all the time ... which is likely to show first signs of recovery, copper or crude, hmm don't know but i suspect crude trx.v - Terrane ended another week with reasonable strength ... not exciting, kind of a known but ignored project, it'll sneak up on us one of these days Gold - the 1000-dollar mark gets headlines, sure, but it's more significant that it closed above the 990 top of last july, imho ... 989.60, stockcharts says ... could sell off a bit here, consolidate gains short-term, or go for a new high above 1034 just as easily ... but that's in US dollar terms - imho gold could be ready to retrace in canuck terms, especially if the loonie was to bounce a bit, which seems entirely possible - stockcharts.com stockcharts.com - looks like a bottoming pattern? ... i'm looking at adding more US listings, while leaving the buy power as credit on the loonified E-side ... dual listings help with this, for instance you can switch from ric.to to ric.amex