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    65 years, the great flood, family reunion and even some trades

    been a busy summer. June my oldest aunt and uncle celebrated their 65th wedding aniversary. that is incredible. they were married at the ages of 16 and 17. the odds of staying married that long and being married that young. quite a few showed up, though if it was a funeral the crowd would...
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    baseball

    reds under 8.5 -120 for the most part have not bet much baseball totals, however won a game yesterday under on houston so will post this play,see what happens. thanks selkirk
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    MO takes over Rothmans and TCK takes over Fording..more to come

    MO Philip Morris has announced an all cash deal to take over Rothmans (cdn. tobacco company), they already own 40% of the company. the deal will go through though they may increase it slightly, probably a good move for MO, though it will not have a huge effect on their results going...
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    AFAM Almost family

    what the world needs now, is nursing homes.... well okay maybe not, however there is a growing sr. population. as the baby boomers live longer there will be greater demand for sr. homes.... of all types. found out about this stock spring of this year, around 23-25. now around 32.04 high...
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    WFC earnings...good news

    WFC reported earnings of .53/share for the latest quarter compared to .67. those these are down they are much better than the disaster in other financials and beat estimates of .49 the write off from loans increased from 3.01 billlion from 720 million a year ago. insurance and credit card...
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    options

    thought would list some of the options I have currently out, the good, the bad and the ugly. will list the US options first, the cdn. options are 3 pages long so will highlight some later. Sept. 40 BAM +4 BIP Calls half covered, half naked. I own BAM, and used to do options in cdn...
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    not a good time for a trade like this...bns jan 10

    know a couple of friends who trade options, they ussually take very large positions over a few days. well they have in the past couple of weeks wrote sold some BNS Jan 10 puts. 40. (most were 40). believe they did this on montreal. scotiabank is currently trading at 45.75cnd 45.21US and...
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    days like these

    so oil is up $3 and natural gas over .15 and the oil/gas producer I follow are down 1.5-2%. TLM even announced a large discovery,.......who cares. still this shows that if the market want to go down...still though since the fed did not want to raise rates...they have never heard of a word...
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    no peak oil and no oil crisis

    Most media outlets in the US have described the rising oil prices as a crisis, it is not, it should be decribed as a problem. there is a difference, the Flu of 1918 when the death rate in the US went up 5X is a crisis....this is an economic problem. also the high prices will actually achieve...
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    wfc gs

    bought some gs today around 178 now at 182. this is a short term trade, looking for a bounce. will have a 10% stop if it does not work out. WFC bought some more, a small position, have also $25 July puts, got on avg. 1.50 for the puts. should note have traded GS a few times in the last year...
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    looking at the junior energy plays

    most of the sr. oil and gas plays have moved up sharply and are no longer CHEAP, CHEAP, though they will stay have room to run, time to look at the jr. midcap plays. seniors since jan like (cdn.$ though they also trade US) NXY (28-41), CNQ (64-105), ECA 64-94, TLM 18-24, and SU, and Devon...
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    energy

    here are my cdn. energy holding (also trade in the US) also own Devon and Cresent (Toronto) TLM 22.87 cdn. have 20 and 22 calls on most of the position, the calls are all in the month of June, at the time got between 1-1.50 for these options... though the 20s look like a mistake. hope can...
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    Encana splitting in two; do others follow TLM,NXY,CNQ,

    On Sunday it was reported that Encana was going to break up into two companies. Encana will now hold just natural gas assets in Canada and the US that will probably have higher growth rates, 2/3 of the value is in this company. the other half will include refinery, cdn. oil sands production...
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    Nortel book and Seymour Schulich, book and movies

    Seymour Schulich is a brilliant investor, businessman. From Montreal he is a very down to earth billionaire, worth about 1.3-1.8 billion....who knows. he lives in the same house, similar to Warren Buffet. co-founded with Lasonde Franco Nevada which produced a great amount of wealth for...
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    year end predictions look back

    I thought it would be interesting to look back at how some of the stock have fared that were mentioned in the year end market predictions. maybe something can be learned from the hits and misses...and there was some big misses. also some solid selections...like a dart board.lol. anyways this...
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    The Rules

    Have posted these Rules starting in September 1998, and on most boards where I made any posts. Cannot find them so must have been a while. Will make another post about another set of rules, these should be used for guidelines. the Rules in the post have been around for over 100 years, and...
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    Bear Stearns trading above $10 takeout

    not sure why Bear Stearns is trading much above the $10 take out. it hit a high of $13.85, closed at $11.25. JP Morgan has 39.5% of the stock and any bondholder who owns equity (and some will buy shares) will vote for the deal...the bonds will then rally, compared to getting crushed if the...
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    Loose change

    recently made a deposit and managed a few nice wins and cashed out, most of the money. after this I ussually have a little left over, and though sometimes build it up, 99% of the time crashes to zero. so deposited a big 100, and cashed out 320....(big roller... lol) anyways. here is a wager on...
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    what stocks you own/depends on where you live

    have considered (also would be a good study for some academics, they do studied anything), if your attitude towards cash, debt and what stocks you own depends on certain factors. 1. for instance, let us look at debt. my grandparents passed away while I was a child 9-12, final one 18. they...
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    Car Prices

    In the Globe it was reported that Toyota Canada is dropping their prices on the new 2009 models and offering more features. 2009 corolla MSRP 14,565 cdn. down 1220 from 08. base model 2009 camry msrp 23,400 cdn. down 2500 from 08 base model 2009 camry hybrid 30,660 down 1340 from 08 base...
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