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VIX TOPS 30 !! VIX CBOE JUMBO VOLATILITY INDEX Last [Tick] 30.75[ - ] Change 2.27 % Change 7.97% Open 28.47 Day High 30.79 Day Low 28.47 Previous Close 28.48 == SSO ULTRA S&P500 PROSHARES Last [Tick] 54.41[ + ] Change -1.96 % Change -3.48% Open 55.6500 Volume 3,945,427 Day High 55.6500 Day Low 54.0000

just booked - 150% profit on the latest Gold call trade - see thread

Gold stocks (GDX) are finding a bid, as Gold (GLD) drifts off its highs GDX Last [Tick] 49.0700[ + ] Change 2.4000 % Change 5.14% Day High 49.0899 Day Low 47.96 GLD Last [Tick] 94.9100[ + ] Change 1.3800 % Change 1.48% Day High 95.50 Day Low 94.2552 ============== Meantime: CDNX : 2,369.86 Change: -13.79 Open: 2,386.89 High: 2,395.12 Low: 2,367.12 Volume: 102,400 Percent Change: -0.58%

Gold stocks (GDX) are finding a bid, as Gold (GLD) drifts off its highs GDX Last [Tick] 49.0700[ + ] Change 2.4000 % Change 5.14% Day High 49.0899 Day Low 47.96 GLD Last [Tick] 94.9100[ + ] Change 1.3800 % Change 1.48% Day High 95.50 Day Low 94.2552

2/

BENCHMARK: Henderson Properties normally leads the HK Property index Centaline's Property index: ... Henderson Land (HK:12) ... update : CKH-hk1 : SHKP-hk16 : HLP-hk101 Henderson Land (HK:12) Low for the year : $4.19 (03.Jul.2008) Close today ...... : $46.05 (04.Jul.2008) : -$0.45 on the day Daily chart ... update == == BENCHMARK: Here's a HK Estate Agent that I use as a benchmark Midland Holdings (HK:1200) looks like it could put in a bottom somewhere near $4 (and potentially down to $3.25) Low for the year : $4.19 (03.Jul.2008) Close today ...... : $5.01 (04.Jul.2008) : Nice bounce! Daily chart ... update ==(added 9 July)===: Henderson, the bellwether, suggests that HK Developers may be at/near a low now ... update The second arrow (current) may be identifying the same sort of inflection point as the first arrow

= = CLOSE-UP = = = The OIH tends to TURN a few days (to a few weeks) before OIH. These turns may be more evident on this six months chart ... update NOTICE: in the chart above: 1/ The second low (labelled "2") preceded at the largest and most powerful move UP in Oil/USO. What is interesting about that low, is that the Oil Holders (OIH) had already begun an upthrust as USO was making its low. To put it another way, that important Low was UNCONFIRMED by OIH. 2/ What we are seeing now is a high in oil (USO) which is not being confirmed by OIH , which is already falling away. 10 DAYS: Oil/USO versus OIH ... update Investors began to sell OIH heavily yesterday. Could this be a warning that the Oil peak is coming within days? // see: Oil Thread

What a nice tesimonial ! I will save it on the GEI Mission thread

Welcome, Extradry. Please have a look around. I think you will like it here. I think you will find many of the top posters from the old HPC are now posting here. "Global Edge" is about creating a sharing an "edge" or advantage among investors from all around the world. The edge is created through intelligent debate and discussion. Plus openness to new ideas. We are more about practical ways of making money, than geting stuck in particular investment strategies. We are not doctrinare bears on property (like HPC), or narrow-minded BTL speculators (like SP). Having said that, there are many Gold bulls here, but some of us are happy to recommend taking profits on gold when prices run up too fast.

Oh dear. One of my clients did the same. Luckily, I persuaded him to buy a few calls. But he has missed out on a $30,000 gain by selling too soon

BREAKOUT ... of trading range for RGLD: Last [Tick] 33.55[ + ] Change... Up 2.26 % Change Up 7.22% Volume 910,387 Massive move on big volume

Ratio: CDNX-to-SPX (as of : 25.Feb.2008) ... update : http://tinyurl.com/2omj5b

Good idea. I normally do that, but forgot this time. It will be added. / done already by someone else

158,000+ views in June - that's alot ! == I have kicked off a new thread for JULY: http://www.greenenergyinvestors.com/index.php?showtopic=3507 Itr might be good to start it on a Monday morning, I thought

As we kick-off a new monthly thread... The Start of Something Good? It has pushed up to the downtrend line ... And this time it does not look over-extended. We should know whether it can make it through this line within this week Edit: The previous thread is here: http://www.greenenergyinvestors.com/index....ost&p=44826

The Start of Something Good? It has pushed up to the downtrend line ... And this time it does not look over-extended. We should know whether it can make it through this line within this week

NOT ENOUGH FEAR ... VIX versus SPX SPX ... update VIX ... update It looks like the SPX will fall to fresh LOWS for the year. There isnt enough FEAR in the market to make a bottom yet.

Ilovitza Inferred Resource Estimate: 303 Million Tonnes Containing 1.6 Billion Pounds Of Copper Plus 2.9 Million Ounces Of Gold VANCOUVER CANADA: EurOmax Resources Limited (TSX-V: EOX) is pleased to announce is it has received the results of an independent Mineral Resource estimate by Broad Oak Associates of Toronto, Ontario (“Broad Oak”) on the Ilovitza copper-gold-molybdenum project in Macedonia. The results conclude that the Ilovitza deposit contains an inferred resource of 303 million tonnes grading 0.23% copper, 0.31 grams per tonne gold and 0.005% molybdenum. This resource contains approximately 1.6 billion pounds of copper, 2.9 million ounces of gold and 3.5 million pounds of molybdenum. In copper equivalent terms this equals 3.5 billion pounds of copper. almost 3 million ounces of gold !

Has anyone heard of this index? Copied from a Sotheby's brochure Why was it stopped, I wonder? I suppose the point of it was that Art prices tend to keep up with stock prices. But I dont know how it is computed

Now how often does that happen? I'm making this off-topic comment about OT comments, to say: I hope that GEI can remain a bastion of seriousness, but with its own brand of humor

Look at these property prices falls in Phoenix (per Schiller sub-index): Jan.07 : 220.20 Feb.07 : 218.07 Mar.07 : 216.86 Apr.07 : 215.04 May.07 : 213.94 Jun.07 : 212.52 July.07 : 210.78 Aug.07 : 208.86 Sep.07 : 205.28 Oct.07 : 200.72 Nov07 : 194.45 Dec07 : 187.67 Jan.08 : 180.06 : - 40.14, - 18.2% year-on-year Feb.08 : 172.72 : - 45.35, - 20.8% Mar.08 : 166.97 : - 49.89, - xx.x% Apr.08 : 161.33 : - 53.71, - xx-x% The slide is picking up speed ! Here's what today's press release of the latest Schiller index said: "Las Vegas and Miami continue to share the dubious distinction of being the weakest past 12 months returning -26.8% and -26.7%, respectively. These two markets witnessed some of the fastest growth in the 2004/2005 periods, with annual growth rates peaking above +53% and +32% respectively. For the month of April, markets that experienced great gains in the recent real estate boom were the biggest decliners. Miami and Phoenix were the worst performers. Each had a negative return of 3% (month-on-month.)" This compares with a Top 20 city index fall of -1.4% month-on-month. == == A HARVARD Study says that the rebound will take longer this time: + Prices noramlly dont rebound until prices reach affordable levels and rates are lowered + Cycle will take longer, as mortgae rates remain high, and prices are not cheap enough + The number of homes in foreclosure more than doubled to 1.3 million + The number of households paying more than half their income on housing surged 35% to 8.8 million in 2006, up from 6.5 million 5 years earlier + Homeownership fell from 69% in 2004 to 67.8 % in late 2007

"Mystery" = CDNX, a sort of index of Junior resource stocks GROW has already moved up sharply, and I have sold down 3/4 of my position. The last Calls were sold at something like 3x cost Go easy on Jinshan until after they make an acquisition. The rest look pretty decent to me