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  • jiesen
    replied
    Originally posted by New-born baby View Post
    Lye,
    I would agree that it isn't added water that would make wine taste so good. Watered down Coca-Cola isn't any better tasting, but actually much worse. But I would question your statement that the alcohol content of wine today is equivalent to that of 2000 years ago. Have you any proof you can offer?

    But let's say you are correct that alcohol content of today's wine is equivalent to the alcohol content of 2000 years ago. They still "mixed the wine" as both the Scripture and extant literature points out. Therefore the wine, when it was consumed 2000 years ago, was much weaker than the way we consume it today. Comprende, amigo? Here is a quote (and the link from which it came)

    "The June 20, 1975, issue of Christianity Today contained an interesting article by Robert H. Stein: "Wine-Drinking In New Testament Times." He observes that the wine used in ancient times was mixed with water in ratios of up to four parts water to one part wine. Mr. Stein explains:

    In the Talmud, which contains the oral traditions of Judaism from about 200 BC to AD 200, there are several tractates in which the mixture of water and wine is discussed. One tractate (Shabbath 77a) states that wine that does not carry three parts water is not wine. The normal mixture is said to consist of two parts water to one part wine. In a most important reference (Pesahim 108b) it is stated that the four cups every Jew was to drink during the Passover ritual were to be mixed in a ratio of three parts water to one part wine. From this we can conclude with a fair degree of certainty that the fruit of the vine used at the institution of the Lord's Supper was a mixture of three parts water to one part wine. In another Jewish reference from around 60 BC, we read, "It is harmful to drink wine alone, or again, to drink water alone, while wine mixed with water is sweet and delicious and enhances one's enjoyment" (II Maccabees 15:39)".
    Here's the link for that quote: http://www.rbc.org/bible_study/answe...ers/30797.aspx

    Here is a quote (and the link it came from) that tells you that wine was the strongest drink in the ancient world, and lower alcoholic content than today's wines.
    "Distillation was unknown in the ancient world (and would not be discovered until the early middle ages); wine, therefore, was the strongest drink of the Romans. Falernian was full-bodied (firmissima), with an alcohol content as much as fifteen or sixteen percent (at which point the yeast is killed by the alcohol it produces). A white wine, it was aged for ten to twenty years, until it was the color of amber (Pliny, XXXVII.12)".

    Here's the link it came out of: http://penelope.uchicago.edu/~grout/encyclopaedia_romana/wine/wine.html
    Excellent lesson on wine, NBB! I just bought a bottle of wine myself. It was a fantastic investment.

    Leave a comment:


  • New-born baby
    replied
    Originally posted by Lyehopper View Post
    It's not the alcohol content in the wine that makes it taste good. The alcohol content in fine wine has always been about the same including that made 2000 years ago. Watering wine down with five parts water (or even one part water) does not make it display extrodinarily fine quality, it dilutes the flavor and makes it taste.... Well watered down!.... Jesus wine was of the finest quality, as one would expect from the Son of God....
    Lye,
    I would agree that it isn't added water that would make wine taste so good. Watered down Coca-Cola isn't any better tasting, but actually much worse. But I would question your statement that the alcohol content of wine today is equivalent to that of 2000 years ago. Have you any proof you can offer?

    But let's say you are correct that alcohol content of today's wine is equivalent to the alcohol content of 2000 years ago. They still "mixed the wine" as both the Scripture and extant literature points out. Therefore the wine, when it was consumed 2000 years ago, was much weaker than the way we consume it today. Comprende, amigo? Here is a quote (and the link from which it came)

    "The June 20, 1975, issue of Christianity Today contained an interesting article by Robert H. Stein: "Wine-Drinking In New Testament Times." He observes that the wine used in ancient times was mixed with water in ratios of up to four parts water to one part wine. Mr. Stein explains:

    In the Talmud, which contains the oral traditions of Judaism from about 200 BC to AD 200, there are several tractates in which the mixture of water and wine is discussed. One tractate (Shabbath 77a) states that wine that does not carry three parts water is not wine. The normal mixture is said to consist of two parts water to one part wine. In a most important reference (Pesahim 108b) it is stated that the four cups every Jew was to drink during the Passover ritual were to be mixed in a ratio of three parts water to one part wine. From this we can conclude with a fair degree of certainty that the fruit of the vine used at the institution of the Lord's Supper was a mixture of three parts water to one part wine. In another Jewish reference from around 60 BC, we read, "It is harmful to drink wine alone, or again, to drink water alone, while wine mixed with water is sweet and delicious and enhances one's enjoyment" (II Maccabees 15:39)".
    Here's the link for that quote: http://www.rbc.org/bible_study/answe...ers/30797.aspx

    Here is a quote (and the link it came from) that tells you that wine was the strongest drink in the ancient world, and lower alcoholic content than today's wines.
    "Distillation was unknown in the ancient world (and would not be discovered until the early middle ages); wine, therefore, was the strongest drink of the Romans. Falernian was full-bodied (firmissima), with an alcohol content as much as fifteen or sixteen percent (at which point the yeast is killed by the alcohol it produces). A white wine, it was aged for ten to twenty years, until it was the color of amber (Pliny, XXXVII.12)".

    Here's the link it came out of: http://penelope.uchicago.edu/~grout/...wine/wine.html
    Last edited by New-born baby; 10-23-2006, 05:05 AM.

    Leave a comment:


  • skiracer
    replied
    Originally posted by Tatnic View Post
    I think you're on to something Lye, maybe a little early, but that can change in a heart beat. I for one appreciate the boots on the ground approach and as you correctly opined, throw out the charts.
    Peter Lynch made a fortune making judgements that way but why throw out the charts if they give you another perspective and another edge.
    I also agree with Lye about with his take. I bought alot of steel beams and rebar 8 months ago and just purchased alot more with a recent order and it was somewhat cheaper now. Seems to reflect prices going down in steel.

    Leave a comment:


  • Tatnic
    Guest replied
    Originally posted by Lyehopper View Post
    Runner.... It's all about supply and demand with a commodity. Now I don't follow all commodities but I do follow steel and I have for twenty years.... Throw the charts away and look at supply and demand. I've predicted steel will fall because of something very simple, my company is currently receiving mill discounts, mill inventories are rising and scrap prices are falling.... AND my companies backlog of work is very flat.... I've seen it all before, many times, short basic steel....
    I think you're on to something Lye, maybe a little early, but that can change in a heart beat. I for one appreciate the boots on the ground approach and as you correctly opined, throw out the charts.

    Leave a comment:


  • Lyehopper
    replied
    look at supply VS demand....

    Originally posted by Runner View Post
    I think the point I'm trying to convey is that commodity stocks are now turning the corner. Not sure what to make of this or if this would have a negative impact on this nice bull run. Something I surely will keep an eye on. In fact I'm beginning to see several of these groups trying to set up long. We shall soon find out as the moment of truth is lurking around the corner. Just wanted to point this out as this could be areas that may see the bull...!!
    Runner.... It's all about supply and demand with a commodity. Now I don't follow all commodities but I do follow steel and I have for twenty years.... Throw the charts away and look at supply and demand. I've been beaten up pretty good by a few members here over the last two weeks for calling "basic steel" a short right here and saying a 30% correction is due. Most of the guys who disagree with me are looking at the TA, well except Peanuts and he justs likes to disagree with me.lol.... I've predicted steel will fall because of something very simple, my company is currently receiving mill discounts, mill inventories are rising and scrap prices are falling.... AND my companies backlog of work is very flat.... I've seen it all before, many times, short basic steel....

    Leave a comment:


  • Lyehopper
    replied
    Originally posted by New-born baby View Post
    Does alcoholic content make the drink taste extra good? Your comment about Jesus' wine would imply that His wine tasted extra good because it had more alcohol in it. That is a point I would not be willing to concede. I am willing to admit that the guests did say it tasted better than what they had been drinking at the dinner
    It's not the alcohol content in the wine that makes it taste good. The alcohol content in fine wine has always been about the same including that made 2000 years ago. Watering wine down with five parts water (or even one part water) does not make it display extrodinarily fine quality, it dilutes the flavor and makes it taste.... Well watered down!.... Jesus wine was of the finest quality, as one would expect from the Son of God....

    Leave a comment:


  • New-born baby
    replied
    Originally posted by spikefader View Post
    Posted on XOM the other day. It's bullish impulsive in a 3 within a bigger 3, monthly ascending breakout with test. She's goin' up it would seem.

    Spike,
    Thanks for the XOM post. Love those charts and the EW that I am not good at.

    I take it you do not like the R/R on XOM. You posted no setup, no targets, etc. Si, como no?
    Thanks for everything!

    Leave a comment:


  • spikefader
    replied
    Originally posted by New-born baby View Post
    ...XOM has awesome resistance at $70 at this time.
    Posted on XOM the other day. It's bullish impulsive in a 3 within a bigger 3, monthly ascending breakout with test. She's goin' up it would seem.

    Leave a comment:


  • Runner
    Guest replied
    Last thing to remember is your commodity related stocks can trade independent of the boarder market Indices. So if a correction should hit the broader markets commodities may just try to perk up. However this current rally is pretty widespread unlike last rally that was driven by commodities.

    Leave a comment:


  • Runner
    Guest replied
    NB, oil and gas stocks that hit scan are DK FTO WNR VLO SUN PETD HES GI RDS.A RDS.B

    Leave a comment:


  • New-born baby
    replied
    Originally posted by Runner View Post
    Only thing with copper that I don't like is it did not form a base. It imploded and then took off. I'm cautious here in copper.

    It looks like it is going to bump its head up against resistance here very soon, like say, on Monday

    Leave a comment:


  • New-born baby
    replied
    Originally posted by Runner View Post
    NB, pretty much all the energy groups are at the same juncture currently. A possible double bottom pattern is trying to form. They do have some overhead to bust through. I still would like to see a little more momentum return into the groups. If this occurs I’ll get a sea of stocks setting up on next pullback.
    Runner,
    I love your analysis. You always watch those sectors so closely and accurately. That's why I loved your eagle avatar. It matched your market awareness.

    Leave a comment:


  • Runner
    Guest replied
    Originally posted by peanuts View Post
    Runner,

    I've been looking at long set-ups in nearly every copper stock I watch: PD, PCU, FCX, CUP, BHP. I am looking for a long entry next week in copper and a short entry next week in hospitality. Thanks for posting these lists. Sector watch will be the key to playing this young bull market. Just the same as it was key in the young bear market in May... but with different sectors.
    Only thing with copper that I don't like is it did not form a base. It imploded and then took off. I'm cautious here in copper.

    Leave a comment:


  • Runner
    Guest replied
    Originally posted by New-born baby View Post
    Runner,
    Nice post Now my question: what do you think about oil companies at this time? Have you looked at XOM chart? XOM has awesome resistance at $70 at this time. Should that bust, wowie zowie! Should it not bust, wowie zowie! How about giving us poor boys and girls your thoughts about any plays you see. And, if you have the time, any other stocks that are "setting up" at this time. As always, thanks!

    NB, pretty much all the energy groups are at the same juncture currently. A possible double bottom pattern is trying to form. They do have some overhead to bust through. I still would like to see a little more momentum return into the groups. If this occurs I’ll get a sea of stocks setting up on next pullback.

    Leave a comment:


  • billyjoe
    replied
    Peanuts,
    You might not care for Cramer ,but he makes an interesting point in saying PCU is the dominant copper stock right now. Demand continues although down a little , price should remain rather stable. Peru has one of the more legit governments down there after prosecuting and tossing commies out. They get the copper out of the ground probably cheaper than anyone @.17 per pound with full govt. support and recent agreements with labor. I made nice $$ on PCU a couple years ago but got out way too soon.

    -----------billyjoe

    Leave a comment:

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