DrStool Posted March 18, 2004 Report Share Posted March 18, 2004 Your Golden Stool, including short and long term updated charts and price targets, is loaded. Even if you are not a goldbug, you should check out the Golden Stool. It's in your Anals daily. Take a subscribatory and download the Golden Stool RIGHT NOW! 30 Day Intro Subscribatory. Just $16.99! Get In RIGHT NOW!? Link to comment Share on other sites More sharing options...
Guest Posted March 18, 2004 Report Share Posted March 18, 2004 On the early morning news, they were discussing the high price of oil. Cited an article in the Wall Street Journal that says the cost of transporting oil to its destination has TRIPLED! Does anyboy get the Journal? Are there some more specifics? What implications for investing? Like what companies, etc. Thanks Sherlock Link to comment Share on other sites More sharing options...
Guest Posted March 18, 2004 Report Share Posted March 18, 2004 8:30am 03/18/04 U.S. Jan. PPI up 0.6% on higher energy costs By Rex Nutting WASHINGTON (CBS.MW) - U.S. producer prices rose 0.6 percent in January as energy prices jumped 4.7 percent, the Labor Department said Thursday in a report that was delayed for more than a month. The core rate for the producer price index - excluding food and energy costs - rose 0.3 percent in January. Economists were expecting the PPI to rise about 0.4 percent in January after the 0.2 percent gain in December, according to a survey conducted by CBS MarketWatch. The core rate was expected to rise 0.1 percent after falling 0.1 percent in December. Intermediate goods prices rose 0.8 percent. Core intermediate goods prices increased 0.6 percent. Crude goods prices rose 2.8 percent Link to comment Share on other sites More sharing options...
Guest Posted March 18, 2004 Report Share Posted March 18, 2004 First thing I like to look at in the morning is sherlock_online 's avatar!!! Link to comment Share on other sites More sharing options...
Guest Posted March 18, 2004 Report Share Posted March 18, 2004 First thing I like to look at in the morning is sherlock_online 's avatar!!! Awwwwwwwwww!! You best watch out, sleddog, that Michigan/Ohio state line is an easy border to cross!! You are appreciated! Oh, the Ididerad winner was on early tv also. Caused me to think of YOU. Have a great day! Sherlock Link to comment Share on other sites More sharing options...
Guest Posted March 18, 2004 Report Share Posted March 18, 2004 Shell game Shell reduces '03 reserves by 220 mln barrels (RD, UK:SHEL, SC) By Steve Goldstein LONDON (CBS.MW) -- Royal Dutch/Shell (RD) (SC) , which in January reclassified 20 percent of proven reserves, on Thursday said it has reduced the volume of proved reserves it planned to book in 2003 by approximately 220 million barrels of oil equivalent of proved reserves, including volumes from Ormen Lange. The 220 million boe were included in the reserve replacement ratio February 5; correcting for these volumes represents a reduction in the 2003 RRR of some 16 percentage points, it said. Shell Trading and Transport shares (UK:SHEL) fell 1.5 percent in London trade. Link to comment Share on other sites More sharing options...
Guest Posted March 18, 2004 Report Share Posted March 18, 2004 Iditarod race results http://www.cabelasiditarod.com/index.html The Ol' man Charlie Boulding came in 6th Link to comment Share on other sites More sharing options...
machinehead Posted March 18, 2004 Report Share Posted March 18, 2004 One final thought before I hand off to the traders. While it is certainly expected that one would be vocally enthusiastic about our own investments, we should be clear that we are not encouraging others to hop on board in order to further our gains only to exit those positions while those we encouraged to join in are left wondering when they should exit. I would suggest a timely exit notice from the enthusiastic might be appropriate. In case of any misimpression, I'm not long the beans, or advocating that anyone go long the beans. Soybeans were perhaps the most visible leader of the grain bull market in 1973, which led to further inflation in 1974 and indeed throughout the decade. Today, beans are saying that history may once again rhyme. Link to comment Share on other sites More sharing options...
Guest Posted March 18, 2004 Report Share Posted March 18, 2004 On the early morning news, they were discussing the high price of oil. Cited an article in the Wall Street Journal that says the cost of transporting oil to its destination has TRIPLED! Does anyboy get the Journal? Are there some more specifics? What implications for investing? Like what companies, etc. Thanks Sherlock http://online.wsj.com/article/0,,SB1079544...d%5Fstory%5Flsc For commodity prices to trigger inflation at the consumer level, demand would have to rise significantly, anal cysts said. Companies otherwise have trouble passing along higher costs to consumers, as the airline industry's experience with rising fuel prices suggests. Commodities also play a smaller role in the overall economy than they once did, as a result of the rise in service jobs. Still, anal cysts are growing increasingly concerned about production shortages and transportation bottlenecks. Aluminum-smelting capacity, for example, has grown recently at about half of its average annual rate since 1961, according to Goldman Sachs. The crude-oil market, which is dependent on tankers and refineries, shows a similar trend. And the Baltic Dry Index, a widely followed average of freight-shipping fees along the world's busiest routes, is more than triple its 20-year average, as the dwindling availability of ships has pushed the costs to use them through the roof. A tight shipping market, meanwhile, is causing some disruptions. Robert M. Landry, marketing director at the Port of New Orleans, said demand in China, along with the weak dollar, is driving up shipping rates and causing ships that used to service his port to stay in Asia or go to the West Coast rather than to New Orleans. As a result, total cargo at the port, including imports and exports, fell last year to about nine million tons and is likely to fall 11% or so this year, Mr. Landry said. "If there were more ships, and if rates were lower," he said, "it would definitely help us." "When you get price spikes in a market like this," said Stanley Bedows, vice president for institutional commodities trading at brokerage concern Rand Financial Services, "the sky's the limit." Link to comment Share on other sites More sharing options...
DrStool Posted March 18, 2004 Report Share Posted March 18, 2004 Refi Bubble Reappears Renewed Boom To Postpone Day of Reckoning Once a week Doc fills you in on the all important MoGauge , straight from the MoGauge Bankers Ass. The MoGauge reflects a major source of liquidity in the financial bubble world and is an important indicator of future market behavior, often forecasting broad market movements months in advance. Take a subscribatory and download your MoGauge RIGHT NOW! 30 Day Intro Subscribatory. Just $16.99! Get In RIGHT NOW! Link to comment Share on other sites More sharing options...
Slothrop Posted March 18, 2004 Report Share Posted March 18, 2004 Gold quickly up to resistance. Link to comment Share on other sites More sharing options...
machinehead Posted March 18, 2004 Report Share Posted March 18, 2004 A couple of months ago, there was a story about the new generation of double-hulled oil tankers. The space between the inner and outer hulls was said to offer perfect breeding grounds for corrosion. Supposedly the steel thickness was getting eaten away at anywhere from three to ten times what was expected when the design life was estimated. The implication is that a whole generation of giant oil tankers may end up either getting retired early, at great expense, or worse -- busting up on the high seas. Link to comment Share on other sites More sharing options...
Guest Posted March 18, 2004 Report Share Posted March 18, 2004 Thanks, Plunger! Obviously I don't subscribe to the Journal... just to Doc!! Sherlock Link to comment Share on other sites More sharing options...
dogsie Posted March 18, 2004 Report Share Posted March 18, 2004 On a daily basis the transport average seems to be very volatile, the way the NASDAQ used to be. Anyone know about a tracking stock or the best way to trade it? Link to comment Share on other sites More sharing options...
HiHat Posted March 18, 2004 Report Share Posted March 18, 2004 looking for wide swings today up near 1128...i believe will be good short Link to comment Share on other sites More sharing options...
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