Jump to content

drbubb

Super Admins
  • Posts

    112,497
  • Joined

  • Last visited

Everything posted by drbubb

  1. ...AND MEANTIME, in the Real Property Market Last week two of Britain's biggest lenders, Halifax and Nationwide, admitted that the market was slowing, but they still painted a reasonably rosy picture, saying that values were 10 per cent higher than a year ago. But their conclusions are at stark odds with findings by The Telegraph, which contacted estate agents the length and breadth of Britain. Agents in Leeds, Birmingham and Nottingham report a market that has ground to a halt – where property is proving almost impossible to shift, even with substantial price cuts. Sarah Nixon of Hammond Harwood, a Nottingham-based agency, says none of the city's agents could remember a time when so few sales were going through. "It's frightening," she says. "We have properties which have been on the books for months and months, which have suffered price reduction after price reduction but are still not selling." Nixon says September is usually one of the busiest months but was "completely dead". "Even buy-to-let has gone stale, in a normally buoyant students' market. The returns mean that as an investment buy-to-let simply isn't feasible any more." Leigh Bradnick of Englands in the Harborne area of Birmingham says he has a large stock of unsold property which has been on the market for more than six months. "Owners are having to be very realistic about what their properties are really worth." Paul Wilson of Dacre, Son & Hartley describes the market in Leeds and much of Yorkshire as "very, very hard". "Price cuts have been substantial, up to 10 per cent," he says. "Many vendors do understand what is going on, and if they want to sell, they have to cut their price. Unfortunately this isn't working either." /more: http://www.telegraph.co.uk/money/main.jhtm...7/cmhouse07.xml
  2. nice work, Ace and a good announcement today too
  3. Date: -TW-- :1.39xTW BDEV- PSN-- -BDVx1.92 -BBY- Tot.Idx/26.80 /FTSE x4477 Jul29 360.75: 501.44 993.0 1158.0 1906.56 443.00 5002.0 186.64 6608 126.45 aug31 347.25: 482.68 928.5 1157.0 1782.72 473.50 4824.4 180.01 6303 127.86 sep28 275.75: 383.29 748.0 964.00 1436.16 474.50 4006.0 149.48 6467 103.48 A HUGE 19% DROP in September ! That's back BELOW the lows of 2005 month ends (106). A big fall in UK property retracing the post-2005 is in prospect. - - oct06 293.50: 408.00 765.0 1050.0 1468.80 481.25 4173.0 155.71 6596 105.69 PSN had a big move up in recent days, which lifted the BBI back to 106. Why the near 20% move back up in PSN? A short squeeze, was an explanation from the PSN thread. But was "stopped in its tracks by the BDEV downgrade." Here's the latest chart (as of mid-August?) from Spline's website: At sep-end's 102, it was lower than shown on this chart
  4. GPC - DATA bank: / LONDON House Prices Mo.: Rt'mov : GrLondon : KfPCadj : Kf-PrimeC : MoM% : YoY-% When?: 18th? - 18-20th : 2008: J. : : 230,428 : 398,476 / 397,033 : 4,764.4 : F : : 237,856 : 402,233 / 399,367 : 4,792.4 : M : : 239,655 : 407,383 / 399,717 : 4,796.6 : A : : 239,521 : 403,545 / 394,975 : 4,739.7 : M : : 242,500 : 404,541 / 388,350 : 4,660.2 J. : : 239,564 : 399,010 / 381,442 : 4,577.3 : Jl : : 235,219 : 400,258 / 374,283 : 4,491.4 : A : : 229,816 : 379,162 / 367,875 : 4,414.5 : S : : 227,438 : 394,248 / 360,108 : 4,321.3 : O : : 229,691 : 395,560 / 346,050 : 4,152.6 : N : : 222,979 : 390,340 / 333,600 : 4,003.2 : D : : 217,808 : 391,721 / 326,217 : 3,914.6 : 2009: J. : : 213,570 : 386,653 / 314,125 : 3,769.5 : F : : 216,163 : 387,988 / 309,442 : 3,713.0 : M : : 218,081 : 398,867 / 304,350 : 3,652.2 : A : : 222,077 : 387,161 / 305,525 : 3,666.3 : M : : 227,441 : 397,646 / 310,492 : 3,725.9 : J. : : 226,436 : 397,140 / 315,750 : 3,789.0 : Jl : : 227,864 : 402,761 / 320,542 : 3,846.5 : A : : 222,762 : 387,265 / 323,858 : 3,886.3 : S : : 223,996 : 390,768 / 328,142 : 3,937.7 : O : : 230,184 : 416,157 / 335,000 : 4,020.0 : N : : 226,440 : 403,069 / 338,933 : 4,067.2 : D : : 221,463 : 398,426 / 346,217 : 4,154.6 : Mo.: Rt'mov : GrLondon : KfPCadj : Kf-PrimeC : MoM% : YoY-% 2010 J. : : 222,261 : 407,731 / 350,100 : 4,201.2 : +1.12% : +11.45%: F : : 229,398 : 427,987 / 361,233 : 4,334.8 : +3.18% : +16.74%: M : : 229,614 : 417,461 / 363,917 : 4,367.0 : +0.74% : +19.57%: A : : 235,512 : 421,822 / 368,808 : 4,425.7 : +1.34% : +20.71%: M : : 237,134 : 420,203 / 373,975 : 4,487.7 : +1.40% : +20.45%: J. : : 237,767 : 429,597 / 377,200 : 4,526.4 : +0.86% : +19.46%: Jl : : 236,332 : 422,248 / 375,500 : 4,506.0 : - 0.45% : +17.15%: A : : 232,241 : 405,058 / 375,325 : 4,503.9 : - 0.05% : +15.89%: S : : 229,767 : 399,019 / 374,675 : 4,496.1 : - 0.17% : +14.18%: O : : 236,849 : 418,778 / 373,808 : 4,485.7 : - 0.23% : +11.58%: N : : 229,379 : 417,279 / 377,025 : 4,524.3 : +0.86% : +11.24%: D : : 222,410 : 408,248 / 381,992 : 4,583.9 : +1.32% : +10.33%: 2011 J. : : 223,122 : 413,259 / 386,142 : 4,633.7 : +1.09% : +10.29%: F. : : 230,030 : 430,680 / 389,975 : 4,679.7 : +0.99% : + 7.96% : M : : 231,790 : 424,307 / 395,208 : 4,742.5 : +1.34% : + 8.60% : A : : 235,822 : 431,013 / 399,233 : 4,790.8 : +1.02% : + 8.25% : M : : 238,874 : 430,936 / 404,742 : 4,856.9 : +1.38% : + 8.23% : J. : : 240,394 : 438,622 / 408,558 : 4,902.7 : +0.94% : + 8.31% : Jl : : 236,597 : 432,641 / 411,417 : 4,937.0 : +0.70% : + 9.57% : A : : 231,543 : 418,008 / 414,925 : 4,979.1 : +0.85% : +10.55%: S : : 233.139 : 427,889 / 417,575 : 5,010.9 : +0.64% : +11.45%: O : : 239,672 : 450,210 / 420,600 : 5,047.2 : +0.72% : +12.52%: N : : 232,144 : 444,724 / 424,600 : 5,095.2 : +0.95% : +12.62%: D : : 225,766 : 434,871 / 428,192 : 5,138.3 : +0.85% : +12.09%: Mo.: Rt'mov : GrLondon : KfPCadj : Kf-PrimeC : MoM% : YoY-% 2012 J. : : 224,060 : 438,324 / 432,125 : 5,185.5 : +0.92% : +11.91%: F. : : 233,252 : 449,252 / 435,167 : 5,222.0 : +0.70% : +11.59%: M : : 236,939 : 455,159 / 439,908 : 5,278.9 : +1.09% : +11.31%: A : : 243,737 : 464,944 / 444,850 : 5,338.2 : +1.12% : +11.43%: M : : 243,759 : 469,314 / 448,175 : 5,378.1 : +0.75% : +10.73%: J. : : 246,235 : 477,440 / 451,592 : 5,419.1 : +0.76% : +10.53%: Jl : : 242,097 : 460,304 / 453,683 : 5,444.2 : +0.46% : +10.27%: A : : 236,260 : 454,875 / 456,083 : 5,473.0 : +0.53% : + 9.92% : S : : 234,858 : 456,237 / 459,167 : 5,510.0 : +0.68% : + 9.96% : O : : 243,168 : 478,071 / 4XX ================================== mom: +3.54% : +4.79% / / +0.68 % : (Kfr-PC-A: is Kf-PrimeC x (1000/12) Note : KfPrime = Knight Frank Prime Central London Index /Kf-PC: http://my.knightfran...ales-index.aspx
  5. COMING to the UK too ===================== Agenda - 6th November 2007 9.00 am Welcome - (MC) Mr Dominic Frisby 11.05 am Mr DAVID BENSIMON - "Predicting the Future: Finding Key Turning Points in Gold & Silver" -see: http://www.silversummit.co.uk/agenda.htm == also see new thread: http://www.advfn.com/cmn/fbb/thread.php3?id=15458418 should we start one here too?
  6. 2014 : $2,600 for gold and $186 for silver. ============================= SUBJECT: From Idaho Silver Summit 20SEP07 Posted By: gironibon Post Time: 9/28/2007 03:32 Mr. David Bensimon of Australia used mathematical calculations on how the silver and gold prices moved up and down over calculated time periods. He used charts and data that went back several hundred years and showed how these mathematics corresponded to price movements over time periods. He than got into detail on how these have worked in the past 25 years or so and how they have enabled him to predict price movements and turning points accurately in the past 5 years. It's uncanny accuracy was amazing! So everyone in the room paid close attention when he used this math to predict prices of gold and silver into the future. He is predicting gold and silver prices to peak around 2014 and it was about $2,600 for gold and $186 for silver. Mr. Bensimon's award winning book, Polar Perspectives which recently won the Gold Medal as the Best Book in the field of Finance/Investment/Economics at the 2007 Independent Publisher Awards in New York. http://www.polarpacific.com 2/ SUBJECT: RE: From Idaho Silver Summit 20SEP07 Posted By: stockguy0 Post Time: 9/28/2007 11:05 He is predicting gold and silver prices to peak around 2014 and it was about $2,600 for gold and $186 for silver. WOW! Thats a 300% return for gold and a almost 2000% return for silver?!!? Thats by far the most bullish silver price prediction I've ever seen! I'll take it Gold & Silver are going much, much higher == source: http://www.stockhouse.com/bullboards/viewm...asp?no=15706889
  7. Back To the Future ? ============== Date: -TW-- 1.39xTW BDEV- PSN-- -BDVx1.92 -BBY- Tot.Idx/26.80 /FTSE x4477 Jul.29 360.75 501.44 993.0 1158.0 1906.56 443.00 5002.0 186.64 6608 126.45 aug31 347.25 482.68 928.5 1157.0 1782.72 473.50 4824.4 180.01 6303 127.86 - - sep21 287.75 400.00 786.0 933.00 1509.12 468.75 4096.9 152.87 6457 105.99 BACK TO 106 ! That's Back To the Future, And the BBI now suggests a future of falling house prices. We haven't seen that level since April 2005. So if this drop in the Builders proves to be something different from a brief dip, the entire 2005-6 rally in House Prices may be retraced before next summer.
  8. UPDATED Calculations show: Falls in the Builders ... suggest that the UK property market will give up the post 2005 gains within 6-12 months = = With another near 30% drop in NRK, What's happening to the Builders today?: BDEV: 800.0p - 29.5p / - 3.56% TW- : 303.0p - 10.0p / - 3.19% PSN : 978.5p - 37.5p / - 3.69% BBY : 455.7p - 6.00p / - 1.30% UKX : 6197.1 - 92.2p / - 1.47% Date: -TW-- 1.39xTW BDEV- PSN-- -BDVx1.92 -BBY- Tot.Idx/26.80 /FTSE x4477 Jul29 360.75 501.44 993.0 1158.0 1906.56 443.00 5002.0 186.64 6608 126.45 aug31 347.25 482.68 928.5 1157.0 1782.72 473.50 4824.4 180.01 6303 127.86 sep14 324.75 451.40 859.5 1071.0 1650.24 467.65 4499.8 167.90 6324 118.86 sep17 303.00 421.17 800.0 978.50 1536.00 455.70 4191.4 156.39 6197 112.99 NOTE: Back in August 2005, the adj.BBI was under 110 - so it is nearly back to those levels. These falls in the Builders (if maintained) suggest that the UK property market will give up the post 2005 gains within 6-12 months. !!
  9. I own: LAM.t, MAW.v, CVV.v, MM.v, But I have stopped buying for the time being. I want to see how gold and other commodities hold through the next week or two. There could be a drop the Fed cuts rates less than 50 bp. (Listen to Frank Barbera on FS this week.)
  10. Here's Northern Rock (NRK) versus FTSE (UKX) Note that NRK is being rocked by massive, massive, and unprecedented selling = = Here's Barratt (BDEV) versus FTSE Also being hit hard. Today: 819.5p -51p / that's - 5.86%!! That's a huge drop, and is telling us that the Builders are telling us trouble is dead ahead for UK property
  11. The NRK news virtually GUARANTEES that lenders will begin to tighten their mortgage lending in the UK. So naturally, the Builders have been hit too: See change from Sep13 (yesterday) to Sep14 (today): == SHARE PRICE TABLE +++ (skip to comments, if you like) +++ Date: -TW-- 1.39xTW BDEV- PSN-- -BDVx1.92 -BBY- Tot.Idx/26.80 /FTSE x4477 Jul29 360.75 501.44 993.0 1158.0 1906.56 443.00 5002.0 186.64 6608 126.45 aug31 347.25 482.68 928.5 1157.0 1782.72 473.50 4824.4 180.01 6303 127.86 sep07 332.00 461.48 884.0 1088.0 1697.28 451.00 4581.8 170.96 6191 123.62 sep13 331.75 461.13 870.5 1088.0 1671.36 476.25 4567.2 170.42 6364 119.89 sep14 324.75 451.40 859.5 1071.0 1650.24 467.65 4499.8 167.90 6324 118.86 ================== BBI (last column) is down 1.0% since yesterday, and 8.0% since end-August. That suggests HUGE downwards pressure on property prices. The BBI is now back to the levels of mid-October 2005, giving up all those 2006 gains. When it cracks BBI-108, that will suggest the market wants to give up ALL the gains since the 2005 pause. Note: That BBI-118.86 was calculated when BDEV was at 859.5p
  12. thnx, F. I have been buying Silver shares like : Great Panther, Silvercrest
  13. The S&P/Case-Shiller® U.S. National Home Price Index Posts a Record Annual Decline in the 2nd Quarter of 2007 New York, August 28, 2007 – Data through June released today by Standard & Poor’s for its S&P/Case-Shiller® Home Price Indices, the leading measure of U.S. home prices, shows continued negative annual returns in the U.S. National Home Price Index, the 10-City Composite and the 20-City Composite, as well as 15 of the 20 metro area indices. During this cycle, Boston was the first metro area to report negative year-over-year returns, back in April 2006. In June 2007, Boston showed an improvement in its annual rate of decline from the value reported in May, –3.9% versus –4.3% reported in May. Boston has shown improvement since the beginning of the year, where its annual growth rate measured –5.5%. More data however, is needed to determine whether Boston, whose growth rate turned negative before other metro areas, is truly the first metro area to turn around. The table below summarizes the results for June 2007. The S&P/Case-Shiller® Home Price Indices are revised for the 24 prior months, based on the receipt of additional source data. More than 20 years of history for these data series is available, and can be accessed in full by going to www.homeprice.standardandpoors.com. ................June 2007: June/May May/April REGION==== Level=: -M/J , -A/M , Yr.onYr. U.S. National Index. 183.89 : -0.9% -0.9% -3.2% City / Region: Atlanta............ 136.12 : 0.8% 0.6%1.6% Boston............ 171.30 : 0.2% 0.8%-3.7% Charlotte........ 135.05 : 1.2% 1.1%6.8% Chicago.......... 165.96 : 0.2% -0.1%-0.7% Cleveland....... 118.54 : 0.1% 0.8%-3.6% Dallas............. 126.53 : 0.8% 0.6%1.6% Denver........... 138.09 : 1.3% 1.1%-1.0% Detroit............ 109.57 : -0.5%-2.4%-11.0% Las Vegas....... 221.86 : -1.3%-0.8%-5.1% Los Angeles.... 262.12 : -0.4%-0.1%-4.1% Miami............. 264.89 : -1.7%-1.5%-4.8% Minneapolis.... 164.35 : 0.0%-0.2%-3.8% New York....... 208.52 : -0.8%-0.8%-3.4% Phoenix......... 212.52 : -0.7%-0.5%-6.6% Portland........ 185.76 : 0.3%0.9%4.5% San Diego..... 231.37 : -0.2%-0.4%-7.3% San Francisco 209.48 : -0.7%-0.3%-4.0% Seattle.......... 191.92 : 0.7%0.9%7.9% Tampa........... 219.37 : -1.2%-0.9%-7.7% Washington... 233.52 : -0.8%-0.3%-7.0% Composite -10217.07 : -0.5%-0.4%-4.1% Composite -20199.18 : -0.4%-0.3%-3.5% @: http://www.globalindices.standardandpoors....ease_082857.pdf /more : http://www.globalindices.standardandpoors....sandp/index.jsp
  14. US House price Data / Case-Shiller® Indices Link to here :: http://tinyurl.com/gei-CS / Charts-data : C-Shiller : Bellwether Stocks Long Term US Housing price trends Mon: comp20, YoYr.% : +mom% / CSXR10 YoYr.% : mom% / EstAve/ Med.NAR : mean 2007 ===== , ===== : ===== / =====, ====== : ===== / ===== : 219.0K : 266.0k 2008 ===== , ===== : ===== / =====, ====== : ===== / ===== : 198.1K : 242.7k 2009 ===== , ===== : ===== / =====, ====== : ===== / ===== : 172.5K : 216.9k oct. : XXX.xx, +0.00% : - 0.00% / XXX.xx, +0.00% : - 0.00% / $1XX.xk : 172.0k : 217.2k nov : XXX.xx, +0.00% : - 0.00% / XXX.xx, +0.00% : - 0.00% / $1XX.xk : 170.0k : 211.8k dec : 145.90, - 3.08% : - 0.19% / 158.16, - 2.42%: - X.XX% / $189.7K : 170.5k : 218.7k 2010 - jan . : 145.31, - 0.70% : - 0.40% / 157.87, - 0.06% : - 0.18% / $188.9k : 164.9k : 212.2k feb. : 144.06, +0.66% : - 0.86% / 156.85, + 1.45% : - 0.65% / $187.3k : 164.6k : 208.7k mar : 143.35, +2.35% : - 0.49% / 156.22, + 3.13% : - 0.40% / $186.4k : 169.6k : 214.5k apr. : 144.57, +3.81% : +0.85% / 157.36, + 4.60% : +0.73% / $187.9k : 172.3k : 217.3k may: 146.47, +4.64% : +1.31% / 159.41, + 5.44% : +1.30% / $190.4k : 174.6k : 220.9k jun. : 148.00, +4.25% : +1.04% / 161.07, + 5.03% : +1.04% / $192.4k : 183.0k : 230.0k jul . : 148.91, +3.18% : +0.61% / 162.28, + 4.06% : +0.75% / $193.6k : 182.1k : 231.7k aug : 148.59, +1.70% : - 0.21% / 162.13, + 2.57% : - 0.09% / $193.2k : 177.5k : 226.0k sep. : 147.49, +0.55% : - 0.74% / 161.25, + 1.51% : - 0.54% / $191.7k : 171.7k : 218.3k oct. : XXX.xx, + 0.00% : - 0.00% / XXX.xx, + 0.00% : - 0.00% / $1XX.xk : 170.5k : 218.7k === Note: "Average" is Comp20 x $1300 / 2009 & earlier data :: http://www.advfn.com...hp3?id=19393474 CaseShiller Price Data : http://www.standarda...pidff--p-us---- NatlAssocRealtors data : http://www.realtor.o...esearch/ehsdata ==== Rise: 13.4 years + 173.1% -- : Low : $98,319 / $75.63 (Feb.1994) : $99,372 / $76.44 (Feb.1996) : High: 268,476 / 206.52 (Jul. 2007) : Chg:+170,157 / 130.89 (161 mos.) : 169,104 / 130.08 (137 mos.) : Pct. : +173.1% /161mo:+1.08%/mo :+172.0% /137mo:+1.25%/mo ==== Fall : 1.75 years so far High: 268,476 / 206.52 (Jul. 2007) Low : 181,038 / 139.26 (Apr 2009) : Chg : - 87,438 / - 67.26 (-21 mos.) : Pct. : - 32.57% / 21 mo.: -1.55%/mo. Low? 156,500 / 120.38 (Feb.2012): 18 years Low to low? Chg :-111,976 / - 86.14 (-55 mos.) : -1% a month from Aug.2010 Pct. : - 41.71% / 55 mo.: -0.76%/mo. Historical ...measures the residential housing market, tracking changes in the value of the residential real estate market in 20 metropolitan region across the United States. These indices use the repeat sales pricing technique to measure housing markets. First developed by Karl Case and Robert Shiller, this methodology collects data on single-family home re-sales, capturing re-sold sale prices to form sale pairs. This index family consists of 20 regional indices and two composite indices as aggregates of the regions. In addition, the S&P/Case-Shiller® U.S. National Home Price Index is a broader composite of single-family home price indices for the nine U.S. Census divisions and is calculated quarterly. @: http://www2.standard...,0,0,0,0,0.html = = = = = National Index ===== 2000 Q1 100.00 Q2 103.77 Q3 106.33 Q4 107.90 2001 Q1 109.27 Q2 112.69 Q3 115.50 Q4 116.23 2002 Q1 118.00 Q2 122.24 Q3 126.13 Q4 128.58 2003 Q1 130.48 Q2 134.20 Q3 138.41 Q4 142.29 2004 Q1 146.26 Q2 152.92 Q3 158.53 Q4 163.06 2005 Q1 169.19 Q2 176.70 Q3 183.07 Q4 186.97 2006 Q1 188.66 Q2 189.93 Q3 188.99 Q4 187.35 2007 Q1 185.62 Q2 183.89 Q3 180.31 Q4 170.64 = = = = = = = = mo.: 10cities / National/ Miami , S.Fran. -NYC-, Boston, Chicago, Denver Detroit Cleve. ja '0: 100.00 / 100.00, 100.00, 100.00, 100.00, 100.00, 100.00, 100.00, 100.00, 100.00 ja '1: 114.58 / ===... / 110.82, 131,16, 112.66, 117.67, 108.35, 114.75, 107.18, 103.94 ja '2: 123.93 / ===... / 124.52, 125.13, 125.19, 129.93, 116.96, 121.30, 111.31, 106.21 ja '3: 142.86 / ===... / 143.78, 141.50, 146.55, 146.79, 126.77, 124.81, 115.52, 110.15 ja '4: 162.90 / ===... / 164.82, 155.93, 163.63, 158.54, 137.65, 127.20, 119.57, 115.62 D'04: 191.42 / 163.06 / 201.37, 185.72, 185.16, 173.42, 148.85, 132.40, 123.21, 119.58 jun'5: 208.86 / 176.70 / 233.42, 208.92, 197.77, 181.33, 156.16, 135.71, 125.47, 122.43 D'05: 221.91 / 186.97 / 264.83, 215.11, 212.68, 179.44, 163.16, 137.50, 127.05, 122.71 jun'6: 226.29 / 189.93 / 278.22, 218.12, 215.83, 177.90, 167.10, 139.46, 123.12, 122.93 D'06: 222.39 / 187.35 / 280.87, 212.13, 213.76, 170.32, 167.60, 137.11, 119.51, 119.59 jan'7: 221.32 / ===... / 279.42, 211.78, 212.71, 168.29, 167.46, 135.86, 117.96, 118.61 feb. : 220.47 / ===... / 279.43, 210.78, 212.23, 168.05, 167.49, 134.86, 116.51, 117.61 mar.: 219.68 / 185.62 / 276.89, 211.09, 211.97, 168.52, 167.04, 134.20, 115.55, 117.60 apr. : 218.93 / ===... / 273.53, 211.47, 211.59, 169.60, 165.87, 134.86, 114.38, 117.57 may : 218.32 / ===... / 269.52, 210.89, 210.43, 170.95, 165.68, 136.32, 112.16, 118.35 jun. : 217.33 / 183.89 / 264.89, 209.48, 209.34, 171.29, 165.94, 138.09, 110.70, 118.33 july. : 216.28 / ===... / 260.29, 208.64, 208.27, 171.77, 166.13, 139.23, 111.85, 118.66 aug. : 214.58 / ===... / 255.29, 208.15, 206.90, 170.84, 165.77, 139.70, 111.58, 117.35 sep. : 212.70 / 180.31 / 249.61, 206.46, 206.28, 170.73, 164.42, 138.43, 110.83, 115.93 . . . mo.: + CSXR. / +S20R. / Miami , S.Fran. -NYC-, Boston, Chicago, Denver, Detroit, Cleve jun. : 217.33 / 183.89 / 264.89, 209.48, 209.34, 171.29, 165.94, 138.09, 110.70, 118.33 . . sep. : 212.70 / 195.68 / 249.61, 206.46, 206.30, 170.73, 164.42, 138.43, 110.83, 117.35 oct. : 209.76 / 192.98 / 244.35, 202.03, 205.58, 169.33, 163.12, 136.08, 108.15, 115.93 nov : 205.31 / 188.98 / 237.99, 195.49, 204.50, 167.39, 161.61, 133.36, 105.24, 113.29 dec : 200.77 / 185.03 / 231.71, 189.23, 202.32, 164.58, 160.03, 130.98, 103.30, 112.07 J.08: 196.22 180.79 / 225.40, 183.81, 200.99, 162.58, 156.42, 128.98, 100.17, 108.49 feb : 190.65 / 176.00 / 218.74, 174.54, 198.62, 160.31, 153.29, 127.50 , 97.61, 106.82 mar: 186.06 / 172.16 / 208.88, 168.38, 196.58, 158.54, 150.35, 127.43 , 95.57, 106.42 mo.: + CSXR. / +S20R. / Miami , S.Fran. -NYC-, Boston, Chicago, Denver, Detroit, Cleve . . . 2008 chg's+20R: -2.29%, -2.65%, -2.18% . . . City Data :: http://www2.standard...5923002722.html Long Term Chart Source: http://economistsvie...er_longter.html Lousianna Pacific (LPX) - a leading indicator for Housing? ... update : 1 year Cycles in ...? = = = = = LINKS: Google CS News :: Charts, US stocks : CS-10 hist.data.. :: http://research.stlouisfed.org/fred2/data/SPCS10RSA.txt Index CS data..... :: http://www.standarda...pidff--p-us---- Case-Sh.indices. :: http://www.data360.o...ue_Group_Id=264 Swivel CS data... : http://www.swivel.co...ts/show/1015996 US Builder charts : http://www.advfn.com...hp3?id=16027246 US House prices.. : http://www.realestat...ubblecharts.htm
  15. (from Advfn's Really Useful OIL thread): briarberry - 21 Aug'07 - 15:57 - 239: Hurricane Dean - almost direct hit on Cantarell oil complex - although it's slowed to Cat2 http://www.eia.doe.gov/emeu/cabs/images/cantarell.jpg http://www.nhc.noaa.gov/refresh/graphics_a...l?3day#contents ALTHOUGH CONTINUED WEAKENING IS FORECAST AS DEAN CROSSES THE YUCATAN PENINSULA...DEAN IS EXPECTED TO STILL BE A HURRICANE WHEN IT REACHES THE BAY OF CAMPECHE. http://www.nhc.noaa.gov/text/refresh/MIATC...ml/211443.shtml briarberry - 21 Aug'07 - 16:48 - 240: Pemex said it was evacuating more than 14,000 workers and shutting in 407 wells that produce 2.7 million barrels of oil and 2.6 billion cubic feet of natural gas on a daily basis, the New York Times reported. energyi - 21 Aug'07 - 19:03 - 241: Zapata George has revised his Oil forecast from $84 to $110/120 Natgas to $16 http://www.ZapataGeorge.com :: OIL thread : http://www.advfn.com/cmn/fbb/thread.php3?id=10522648
  16. M., if you were serious about raising money, this is the sort of document you would be expect to produce: http://www.theinvestmenttradingcompany.com...Application.pdf
  17. I still think you should put your talents to work elsewhere (energy sector maybe?) for a few years, make some money, learn more about business etc., and then come back to this project when you are in a stronger position to tackle it
  18. The next big thing in batteries Exploding batteries light fire for alternatives, but don't expect to see them in laptops anytime soon. By Grace Wong, CNNMoney.com staff writer November 3 2006: 2:41 PM EST NEW YORK (CNNMoney.com) -- In the labs of major computer makers, academic institutions and start-ups, researchers are searching for the next big thing in laptop batteries. From PC makers Hewlett-Packard (Charts) and Toshiba to Silicon Valley start-up Zinc Matrix Power, researchers are developing alternatives to the lithium ion batteries prevalent in today's laptops. Major computer makers are recalling up to 9.6 million laptop batteries. While many of these technologies have long been in the making, they're getting pushed into the spotlight due to the ongoing flap over lithium-ion batteries. "The chances of alternative batteries gaining a foothold is much higher than a year ago before the issue with lithium ion batteries became mainstream," said Carmi Levy, an analyst with Info-Tech Research Group. Nearly all of the major computer makers, including Dell (Charts) and Apple (Charts), are recalling up to 9.6 million lithium-ion notebook batteries manufactured by Sony (Charts) due to concerns they may overheat and cause a fire (see correction below). Most recently, Fujitsu said last week that one of its laptops overheated and burned a user's hand. One firm hoping to benefit from the safety issues raised by the recalls is Zinc Matrix Power. The company makes silver-zinc batteries that don't contain lithium or other flammable liquids, so they can't explode, CEO Ross Dueber said. "Consumer electronics are bursting into flames. Is that really acceptable in terms of safety and brand awareness for device manufacturers?" he said. Scariest tech of 2006 It isn't just safety concerns driving interest in alternatives. The consumer electronics industry has long been searching for a battery that can run longer on a single charge. Toshiba - which also has recalled Sony-made lithium-ion batteries -has developed a prototype for a fuel cell laptop battery that generates power from a chemical reaction rather than being plugged into an electric outlet. The prototype can run 8.5 hours and the company aims to have a working commercial product ready in 2008 or 2009, Toshiba product manager Duke Dang said. While real demand for technology like fuel cells hasn't really kicked in yet, the recent fires show that people are pushing lithium ion to the limits, said Al Pan, a scientist with HP Labs, the research arm of the Silicon Valley computer maker, which also is working on fuel cell technology. Industry experts said consumers aren't likely to find new types of batteries in laptops in the market for at least a few more years. For one, lithium ion batteries are relatively inexpensive, and any new technology faces the task of producing at a price consumers have come to expect, analysts said. Next year's coolest gadgets Donald Sadoway, a professor of materials science at the Massachusetts Institute of Technology, said it's often the case that new technology isn't greeted with open arms. He's been researching lithium polymer batteries, which hold lithium in a solid state rather than liquid form, which makes them more stable and capable of withstanding more heat. But consumers are more likely to see changes to existing lithium-ion technology before battery makers and computer makers make the leap to a completely new type of technology, Sadoway said. Also, consumers are taking a "if it isn't broke, don't fix it" attitude and aren't really demanding alternatives, said Rob Enderle of technology consulting firm the Enderle Group. While the number of batteries recalled has been staggering, the actual instances of fire has been rare. Dell recalled some 4.2 million batteries, but received only six instances of overheating. Sony insists it's rare for a lithium ion battery to catch fire and has said it's introduced manufacturing safeguards to improve the safety of its batteries. So far, the largest computer makers don't look to be shifting away from lithium ion. Dell said it's always evaluating new technologies but doesn't plan to move away from lithium ion batteries in its laptops. And John Wozniak of HP Notebook Engineering said there aren't any real commercially viable alternatives out there yet. "Lithium ion is here to stay." Correction: An earlier version of this story incorrected stated that HP is participating in the battery recall. CNNMoney.com regrets the error. @: http://money.cnn.com/2006/11/03/technology...sion=2006110314
  19. GM to begin testing Volt electric car by spring Product chief Bob Lutz says the plug-in vehicle is on track for production in 2010. August 9 2007: 1:49 PM EDT TRAVERSE CITY, Mich. (Reuters) -- General Motors Corp. will begin road testing its Chevrolet Volt plug-in hybrid in the spring of next year and remains on track to produce the rechargeable car by late 2010, a senior executive said Thursday. As the race to bring a mass-market, rechargeable electric vehicle to the market heats up, GM's global product chief Bob Lutz said he expects to have next-generation lithium-ion battery packs ready for the vehicles by October this year. "We should have the battery packs by October," he said, speaking to reporters on the sidelines of an industry conference. "We'll have some on the road for testing next spring, and we should have the Volt in production by the end of 2010." GM (up $0.22 to $35.04, Charts, Fortune 500) is the only automaker to have provided a timeline on the production of a plug-in hybrid vehicle, even though other companies, such as Ford Motor Co. (down $0.38 to $8.49, Charts, Fortune 500) and Toyota Motor Corp. (down $3.33 to $119.89, Charts) are working on similar technology. Automakers have said lithium-ion battery technology remains the biggest challenge in producing a plug-in vehicle as they try to lower the cost of the batteries and increase their power and storage capacity. Toyota to road test plug-in hybrid The current generation of lithium-ion batteries, used in devices such as laptop computers and electronic devices, also has a tendency to overheat. The Volt would be outfitted with new lithium-ion battery packs, which hold a charge longer than the nickel metal hydride batteries now used widely in automobiles. "The cost of the battery would likely be high even at the time of production," Lutz said, adding that GM is exploring options that would allow consumers to lease the battery when buying the vehicle in order to bring down the sticker price. Unlike earlier gasoline-electric hybrids, which run on a parallel system twinning battery power and a combustion engine, plug-in cars are designed to allow short trips powered entirely by the electric motor, using a battery that can be charged through an electric socket at home. GM is designing the highly-anticipated Volt to run 40 miles on battery power alone, reducing or even eliminating the need for drivers to fuel up an on-board gasoline-powered engine provided as a backup power source. Lutz said GM is requiring a 10-year life for the battery, and said the No. 1 U.S. automaker would look to price the vehicle like a "traditional mid-market car." GM is racing rival Toyota to offer the first mass-market electric vehicle. Toyota last month unveiled a "plug-in" car based on its popular Prius hybrid model, saying it would test the fuel-saving vehicle on public roads - a first for the industry. -more: http://money.cnn.com/2007/08/09/autos/gm_e...oney_topstories
  20. have you received any money at all? Funny how an invention has been turned into a charity. But that's more honest, I suppose
  21. SOME GENERAL THOUGHTS ON COMMODITIES: - per Frizzers, Aug. 2007 It is August 8th, 2007. I predict that every single, goshdarned one of these will be trading at significantly higher levels in five years time. And by 'significantly higher', I mean at least 25% - in some cases multiples. Since the turn of the century we have seen a dramatic increase in the price of virtually every commodity. Plumbers are moaning about the price of copper piping, jewellers about the price of gold and my close friend Ghassan, a Lebanese who runs a yoghurt business, is now losing sleep because of the price rises in powdered milk. 'Forget the EU butter mountain. This is fantasy' he cursed to me yesterday. This boom has two enormous drivers . Firstly, the one we all already know: Demand from the Far East, in particular China and India. On a national level, there is an industrial revolution going on. I do not say that lightly. Industrial revolutions do not happen every day. They don't even come about every century, particularly in countries as large and as populated as China. The whole infrastructure of China is being overhauled – the roads, the railways, the telecommunication systems, the airports, the buildings - and the country currently resembles a vast building site. This means an unprecedented demand for energy and for metals. And on a personal level, many are cash rich and want to enjoy the same luxuries we in the West take for granted: from central heating or air conditioning to breakfast cereal with milk on top and a cup of coffee on the side to BMWs. But while there is this dramatic increase in demand, there has not been a corresponding increase in supply – in fact in many cases there is a decrease in supply. The earth's resources are finite after all. More and more uses are being found for silver, for example, but more and more silver is not being found. Some bright spark in America has decided that, as well as being used to feed livestock and people, corn should now also be used to power cars. This extra use has put a strain on supply and, surprise, surprise, the price has shot up – with very serious consequences in countries such as Mexico. We've all heard about Peak Oil: that at a certain point half of the world's oil supplies will have been used up and from then on production goes into decline. It may be that we have already reached that point. It may be that we haven't. It may be that we're just a few years away from it. Well, I'm a believer in Peak Cheap Oil. There is a lot of oil in Canada's Tar Sands; I've no doubt that there is lots of oil under the sea – and there is a lot more sea than there is earth. But who is going to find it? When and where? And, more importantly, how much is going to cost to extract it? Meanwhile, production from the major oil fields of the world, even with oil at record prices, has been declining since 2005, be it Cantarell in Mexico, Ghawar in Saudi Arabia, Bolivar in Venezuela or Burgan in Kuwait. What’s more, there have been no significant discoveries of major oil fields to replace this declining production. The less-talked-about, but perhaps equally significant second driver of commodity prices is and will continue to be inflation. Let me just explain what I mean here. The original definition of inflation according to the Oxford or Webster's English Dictionary is "An increase in the amount of currency in circulation, resulting in a relatively sharp and sudden fall in its value and rise in prices". That was cut and pasted from a 1983 dictionary. The 2007 OED defines inflation thus, 'a general increase in prices and fall in the purchasing value of money.' Over the last twenty or so years people's understanding of inflation and so its definition have changed. If you increase 'the amount of currency in circulation' or the supply of money, that is to say you print or issue more money, but you don't increase the supply of goods, the price of those goods is, sooner or later, going to go up. At the moment, nineteen of the top twenty economies in the world have double digit money supply growth, with Putin's Russia in pole position. Russian Fed. M2.... 50.94 pct. pa India M3............... 19.70 China M2.............. 16.74 Australia M3.......... 14.05 United Kingdom M4 13.84 It doesn’t matter what you call this frightening phenomenon of money supply growth, or inflation; it doesn't matter how many indices you re-jig or figures you fudge to hide it; it doesn't matter how little people understand it; it doesn't matter how well you manage 'inflation expectation'. It's still there and it will continue to drive prices higher. It’s been, in my view, largely what has pushed our own house prices up to these absurd levels. We won't dwell on why our beloved leaders have seen fit to debase our currencies by issuing more of it, save to say we are being conned – no, not conned, right royally shafted - by The Great Inflation Tax. The winners in the inflation game are long-term borrowers who have fixed their debt at cheap rates; and those who hold hard assets – or commodities. So here's the situation: a dramatic increase in demand for commodities from the most populated countries in the world in an industrial revolution of likely historic levels, an on-the-whole negligible increase in the supply of those commodities, and a dramatic increase in the supply of money worldwide with which to purchase those commodities. It really is that simple. More money is chasing fewer goods. And as more people that cotton to the decline in purchasing power of their pound note, the quicker they're going to want to store their wealth in tangible assets – and the faster prices will rise. In the UK, we have to an extent been shielded from the effects of the dramatic rise in the costs of these goods because of the strong pound. But that will not last. Foreigners are buying the pound to escape the dollar and because they're, rightly, not entirely convinced by the Euro. But, sooner or later, Gordon's irresponsible spending is going to catch up with us, our debt and economy are going to be exposed and the pound will go the way of the pear, or the US dollar, as it's more commonly known. For all this long-term bullishness, I would not be mortgaging the house and piling in to commodities just yet, not with everything anyway. I think we could be on the verge of a major correction in the markets, and, at first, many commodities stocks will get dragged down in the melee. Cash, despite inflation, is not a bad place to be. Despite my belief that base metals, for example, will be higher in five years time, I'm not sure that now is the time to be buying them. They have had a heck of a run and we are long overdue correction. In some cases, such as nickel, they are already correcting. Uranium stocks have been to the moon over the last twelve months. They're on they're way back down again. They may have landed. I'm expecting a year of sideways whip-sawing, much as we've seen with gold over the last year or so. So what do I think is cheap at the moment? Everybody knows about the industrial revolution in the Far East. Everybody knows about Peak Oil. The cat is out of the bag and, correspondingly, energy and base metals - the commodities that are driven by those phenomena - have all at some stage in the last year or so reached all-time highs. But not everybody knows about inflation. They sense it, but they don't understand it. When they do the corresponding commodities, the commodities whose use is to store and protect wealth, will go the same way as the base metals. I'm talking, of course, about the monetary metals, gold and silver. These are the only two metals that have not reached their all-time highs, set in 1980. Silver is still a whopping 85% of it's all time high of $50 (a slightly illusory figure it should be said). Imagine where the price will be if gold and (more likely in my opinion) silver do what nickel or zinc have done. I'm going to do an entire newsletter on silver at a later stage. I am very bullish. But for now, let's look at a long-term chart. From a technical point of view, you can see why silver is encountering so much resistance at the $14-15 level, while it has support above $10. But when it breaks $15, it’s going to $17-18 and then $25 pretty quickly. Then it’s going to $50 and when it breaks through there, who knows? Now let’s look at a gold chart since 2001. I'm going to let you into a magic secret called the 300 day moving average. Since late 2001 gold has never crossed it and it proved support again last month. Gold and silver both made significant lows in August 2005, after a year or so of whipsawing Look at this chart for silver in 2004-5: Now take a look at this one for 2006-7: And what happened after that Aug 2005 low? This. There are so many similarities between that August 2005 low and the low we saw last month. I believe that we have hit a significant low in gold and silver in June 2007. There are technical arguments – and fundamental - as to why gold could, say, go back and test the June 2006 lows at $560, but I don’t think it’s going to happen (or I'd have) invested my money otherwise. (??) The other commodity which I think is cheap, by the way, at the moment is Natural Gas, but more on that another time. Now let's take a look at the commodities charts adjusted for inflation and you'll see how much higher these things have to go, even the base metals, which, I have to say, are the commodities I’m most nervous about. As I'm supposed to be a tipster here're a couple of stocks I've been buying and why, but first a word or two about my trading methods. 1. AIM. Generally, I don't like AIM stocks, unless they're dual listed elsewhere, usually Canada, Australia or Oslo. The shares are illiquid and the spreads are so wide even your mother-in-law could get a bus through. It is very hard to make money. I hold the market makers and the system they employ entirely responsible for this. In other market such lack of transparency would be verging on the fraudulent. In Canada, however, the market is transparent. You can see exactly what the bids and offers are and it makes for more liquid trading. AIM had an opportunity to be the leading market in the world for junior companies, even in the resource sector. Their short-sightedness, lack of transparency and a system that works so heavily against the small investor mean they have blown it. 2. I mainly trade junior mining companies. These are extremely volatile. Don't chase them up. There will always be another trade. Don't be scared to sell at a profit. 3. I only buy where I have met the management or seen them present. In some cases I will buy tips from trusted sources. I only ever buy when I see and like the chart Silver shares/ I like: Excellon Resources (CA:EXN). Self-financed silver producer in Mexico, also growing their resource through exploration, with innovative and inventive management. Buy below $1.35, if you can. First Majestic (CA:FR). Another silver producer-explorer from Mexico with Keith Neumeyer (of First Quantum fame) in charge. Share price has underperformed, a lot of upside potential, buy below $4.20. Platinum; Look no further than Platinum Australia (AIM:PLAA), property in the Bushveld in South Africa (same as every one else); but may have found their own Bushveld in their Kalplats discoveries. Buy below £0.75, if you can. Also put some risk money into Beartooth Platinum , exploring for Platinum and Palladium in South Africa and North America. Buy at .11c or under and hope for some great drill results in the Autumn. GOLD: Jinshan now moving into production in China. (CA:JIN). A buy at C$2, of just above, if you can get it. Leyshon, another China gold play, not as far down the road as Jinshan, still at the exploration/development, but good management (and an excellent presenter) in Paul Atherley and a buy at £.25 or above in my view. Peak Gold (CA:PIK) from the team that brought you Wheaton River, a gold producer (mines bought from Goldcorp), selling at below C$.60c and, in my mind, a bargain at these prices. Shares should be at much higher prices and I don’t know why they’re not. If you can pick it up at C$.55, then do so. Capital Gold (US:CGLD) made their first gold pour this week. Well managed, well run company with good exploration upside to go with their existing resource. Possible good results due in Autumn. Buy below US$.43 if you can. Gold Resource Corporation (US:GORO). One of my favourite companies. The only problem is it’s not looking that cheap. But it has excellent father, brother and son partnership in Bill, David and Jason Reid, a great property in Mexico that produces consistently good drilling results and could be moving into production by 2008, and loads of further upside potential, even without a move in the gold price. Buy on pullbacks. Nova Gold (CA/US:NG) have in Rick Van Nieuwenhuyse one of the best exploration guys in the world. They have several copper-gold properties in North America at varying stages of the development cycle, the first moving into production by 2008; plenty of cash in the bank and are serious players, as demonstrated by the way they resisted the Barrick takeover bid. Buy at C$15, if you can. A couple of highly speculative oil stocks that might be worth a punt are Axis Energy (US:AXGC – below US$2.15) and Marauder (CA:MES – below C$.34). They might have landed themselves a deal. For the record, I own stock in all the above companies, except for Nova Gold and Leyshon, for whom I have orders. Finally, if we get a market meltdown, which, judging by some pundits I read, is not unlikely, junior miners, even though they are gold and silver plays and gold and silver are supposed to trade in the opposite direction to everything else, will get hammered. I’m talking corrections of 50% or more in some cases. If you don’t believe me, look at what happened to them in May 2006 and Feb 2007. So be warned. But if gold properly decouples itself from the rest of the stock market, these things will go the moon. If they do, remember to sell some.
  22. Suntech Power profit up 56% as demand surges By Simon Kennedy Last Update: 5:13 AM ET Aug 9, 2007 LONDON (MarketWatch) -- China's Suntech Power Holdings Co. (STP ) : (suntech pwr hldgs co ltd adr / Last: 43.35+2.90+7.17%) said Thursday that its second-quarter net profit rose 56% to $41.3 million, or 25 cents a share, from $26.5 million, or 17 cents a share, as revenue more than doubled to $317.4 million from $128.2 million. The solar energy company said "unprecedented demand" for solar panels helped it exceed its output target for the quarter. Analysts polled by Thomson Financial were expecting earnings of 23 cents a share on revenue of $288 million @: http://www.marketwatch.com/news/story/sunt...&siteid=rss
  23. Excellon, First Majestic were recommended back in 2007, along with many other stocks Back in August 2007, we were ALL thinking about Peak Oil & Peak Commodities - & we got a big Rally ! Have a look back... at what people were thinking then... and what happened SILVER Here are two Silver related stocks, that were liked back then... & they did great in Silver's last Big rise EXN.t / Excellon ... All-data: 10yr: 5yr: 2yr: 1yr: 10d / Last: C$0.48 FR.t / First Majestic ... All-data: 10yr: 5yr: 2yr: 1yr: 10d / Last: C$11.12 GOLD Gold Resource Corporation (US:GORO). One of my favourite companies. The only problem is it’s not looking that cheap. But it has excellent father, brother and son partnership in Bill, David and Jason Reid, a great property in Mexico that produces consistently good drilling results and could be moving into production by 2008, and loads of further upside potential, even without a move in the gold price. Buy on pullbacks.
  24. Tesla all-electric Roadster to hit road by year end Late transmission change delayed launch, but CEO says $100,000 car will ship this fall. August 8 2007: 12:15 AM EDT LOS ANGELES (Reuters) -- Tesla Motors' all-electric Roadster sports car will start rolling out to nearly 600 buyers lined up for the $100,000 vehicle by October or November, after a slight delay, the company's chief said on Tuesday. "We will definitely ship in that time frame," CEO and co-founder Martin Eberhard told Reuters at a meeting of the Motor Press Guild, noting that the company had originally expected to begin deliveries during the summer. Getting past the Prius The shapely two-seaters are being assembled by Lotus Engineering in England, with motors manufactured by Tesla in Taiwan and battery packs made in Thailand with 6,831 individual lithium ion cells from Japan. A late change in the transmission vendor "was a big thing for us to do in the program, very painful, and one of the things that has driven us into a little later this year release of the car," Eberhard said. The Silicon Valley-based Tesla has pre-sold 570 cars to the likes of California Gov. Arnold Schwarzenegger, for his wife Maria Shriver, and actor George Clooney. The company will make 1,000 2008 model year cars. The Roadster, which has a base price of $98,000, can go from 0 to 60 miles per hour in 4 seconds and has a range of more than 200 miles on a single charge on a household plug. Investors beckoning Eberhard and co-founder Marc Tarpenning launched Tesla in 2003 with the idea of making a high-performance electric vehicle and then branching out to more affordable cars later on. Since then, Tesla has secured $105 million in funding, with PayPal founder and space industrialist Elon Musk leading the way and venture capital firms joining in recent funding rounds. With delivery of the car approaching, Eberhard said: "We have a lot more interest in investing in this company recently." Eberhard said that if they just limited production to the Roadster, Tesla would be making a profit in 2008. "But Tesla's intention has always been to grow to be a full-fledged car company as quickly as we can do that," he said. "We are taking everything we earn from the Roadster and everything we have raised from outside sources to build the next model car." The next car will be the White Star, a five-passenger sedan with a price point of $50,000 to $65,000, to be manufactured in New Mexico. "We are in the very early stages of it," said Eberhard, noting that he "would not place any bets" on a target of a 2010 model year. That same year, General Motors Corp is supposed to launch the Chevrolet Volt, a plug-in electric vehicle with a small combustion "range extender" engine. GM is shooting for a popular price, over $20,000, with a battery that costs around $3,000. Tesla wants to keep moving down the chain to a more affordable car and could end up competing with the Volt. But Eberhard said he is skeptical GM's second attempt for an electric car will come to fruition, at least at that price point, mostly because of battery challenges. "If I sell 10,000 White Stars, it will be a screaming success for me," he said. "But 10,000 Chevys sold would be a disaster." Tesla plans to open two stores, in Los Angeles and in Menlo Park in Northern California, and will expand later to the U.S. East Coast and Midwest. @: http://money.cnn.com/2007/08/08/autos/bc.t...oney_topstories
  25. thanks for the clean-up. I now like it as it is. Why dont we live with it (including the two planets thing) for a awhile, a few months probably. Then maybe take out the rght planet, or just have more "sunshine" on the letters at right the new one ...is a big improvement over what I started with ... the smaller : And the "even smaller" version: - - Logo for the Podcast: Wth imbedded link: xxx linked to: <a href="http://www.youtube.com/watch?v=iNeCetQeLLU" target="_blank">http://www.youtube.com/watch?v=iNeCetQeLLU</a> - - DrBubb Avatars ..
×
×
  • Create New...