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Oregon State Wins!

There’s an UPSET #24 Oregon State in a defensive battle beats #18 Pittsburgh 3 zip.

GO Beavs!!!

Yellowstone, Any Harmonic Tremors?

I know many of you are watching the Yellowstone webicorders. What we want to watch for are “Harmonic Tremors”. What are they and what do they look like?

During the first week of April a different type of seismic signature was showing up on seismograms from Mount St. Helens. On April 1 the first weak harmonic tremor was detected. Stronger bursts of harmonic tremor were recorded on the 2nd. The seismogram above is an example of harmonic tremor recorded at seismic station RAN on April 2. (Image courtesy of the Volcano Hazards Program website)

Do you see those up and down lines, third from the top? Those are Harmonic Tremors and signal magma movement.

Click on image to enlarge

This is the webicorder image of June Lake (JUN) which covers the time period in question. The low frequency waveforms are visible about 2/3rds of the way down.
Click on the image for the1282x886 GIF [174,366 bytes]

Have we seen anything yet at Yellowstone? Here’s a link to the webicorder at the lake.

So far nothing yet.

What A Joke!

Officials: tracking bailout money is difficult

Government officials overseeing a $700 billion bailout have acknowledged difficulties tracking the money and assessing the program’s effectiveness.

That’s not what the taxpayers want to hear!

The Precious Metals

Back in October of 2005, I made a great call about Palladium and Platinum. I said:

My guess, it (Palladium) has made a huge base and if it breaks out, $340 would be the first target (up 53%). (Palladium did break out and the high in 2008 was $585!)

Palladium has an advantage over gold, in that there doesn’t seem to be the concerted effort by federal officials and politicians to hold the price down.

The monthly chart of Platinum looks similar to the gold chart, up 100% from its lows in 2001, and also doesn’t have the gold stigma attache. (Platinum about $900 at the time peaked in 2008 over $2,000 an ounce.)

My reason for bringing this up is this latest from Fuller Money

My view – Gold (p&f, monthly, weekly, daily and inflation adjusted) continues to merit investor interest but it is not the best-value metal today. Platinum (p&f, monthly, weekly, daily, inflation adjusted & relative to gold monthly & daily) is cheaper and just beginning to recover.

So here we are at the end of 2008 and Palladium is back to its lows of 2003 to 2005 and Platinum is back to the $800 area of 2005.

There’s been a relationship between the three metals and to me, Gold looks like 2008 since the peak at over $1,000, has been consolidating. Now it looks ready to break out again to new all time highs.

All the metals look attractive!

Nice Night For Oregon!

Oregon upsets #13 Oklahoma State 42 to 31 and The Portland Trailblazers beat Boston here at home 91 to 86. The Blazers are now 20 and 12!

Perhaps, Biased Reporting Is The Problem


Yellowstone Earthquakes

Essentially the news about Yellowstone from all my sources including Twitter is a repeat of the University of Utah study. I did come across The Bully Pulpit and thought his thoughts interesting:

First, the many small earthquakes are not only occurring rapidly, but they are occurring in a very small area, less than one kilometer across. They are also happening in Yellowstone lake just below, and immediately around the location of a dome on the floor of the lake – discovered only recently.

Second, the quakes are generally very shallow. Several have been less than .3 kilometers from the surface, and the average depth is about 2.5 kilometers, which places them at about the same depth as the magma chamber that drives the geothermal engine at Yellowstone, fueling the geysers.

Third, the quakes are occurring within the caldera itself, while the smaller swarms of 1985, 1995 and 2004 all occurred outside the caldera, nearer to Hebgen lake.

The quakes are still going on, as evidences by this webicorder, but not as vigorous.

Prepare For 2009

New Years’ is right around the corner. Many did not have a good year in the market. Why not take a look at the tool I use, MarketClub? Thousands of other self directed traders use it. Take advantage of 2 free months to see how it can help you succeed?

I think Trading the Triangles is invaluable for an overall look at the markets. Had you followed its monthly signals for stocks, it would have gotten you out of so many disasters this year that have fallen 50% to 90% and may give you information to stay out of this market or signal a time to get back in.

You can also link to INO TV Premium. INO will be adding dozens of the top experts and might be raising the price, so get a yearly membership and take advantage of the new authors to be added in 2009.

Remember, past performance is no guarantee of future performance.

There’s No Let Up In Yellowstone!

MAP 2.5 2008/12/29 20:38:04 44.510 -110.379 1.0 60 km ( 37 mi) ESE of West Yellowstone, MT
MAP 2.4 2008/12/29 19:37:07 44.502 -110.366 1.8 61 km ( 38 mi) ESE of West Yellowstone, MT
MAP 2.9 2008/12/29 19:29:38 44.513 -110.381 0.5 60 km ( 37 mi) ESE of West Yellowstone, MT
MAP 2.5 2008/12/29 19:28:55 44.515 -110.381 0.0 60 km ( 37 mi) ESE of West Yellowstone, MT
MAP 3.3 2008/12/29 19:14:49 44.521 -110.369 1.8 60 km ( 38 mi) ESE of West Yellowstone, MT
MAP 2.5 2008/12/29 05:30:04 44.507 -110.371 0.8 61 km ( 38 mi) ESE of West Yellowstone, MT
MAP 2.4 2008/12/29 05:23:36 44.516 -110.361 6.4 61 km ( 38 mi) ESE of West Yellowstone, MT
MAP 1.9 2008/12/29 04:29:18 44.522 -110.385 1.0 59 km ( 37 mi) ESE of West Yellowstone, MT
MAP 2.8 2008/12/29 04:25:53 44.514 -110.370 0.1 61 km ( 38 mi) ESE of West Yellowstone, MT

A GPS Based Gasoline Tax For Oregon!

As it stands now, anyone, Oregon Resident or tourist visiting the state, when they buy gas they pay an Oregon gas tax which goes to road maintenance and construction. Gov. Kulongowski, according to the Albany Democrat Herald, wants to move away from the gas tax to a GPS based system that taxes you based on mileage within the state at a cost of $20 million.

Couldn’t we continue on with the present system and use that $20 million for the Sellwood bridge?

Will residents in eastern Oregon pay higher taxes because distances may be longer?

Was Gov. Kulongowski smoking something funny when he signed on to this thing?

Answer YES to all of the above!

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