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Archive for February, 2008

I was looking through our old homepage and found the touching story that my husband (my boyfriend then) wrote. I just wanna share it to you all, esp. to those who are still wondering how Brian and I met. This was before we got married in 2003. I’ll try to make him write the sequel to it whenever he’s not busy ;)

So here it goes…

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        Many people believe that true love cannot be found through a relationship developed over the internet. I had always been among those people, thinking that forming a relationship online was a waste of time, and I even laughed at those who attempted it. After the first time I talked to Zim, I had no idea how much she was going to affect my future. Yeah, I knew she was very nice, and seemed very sincere also. But I still didn’t believe in sustaining a relationship online.

        She was really kinda quiet at first, but after some time passed, she began to open up to me a bit. As I talked to her more, I became very interested in learning more about her, since she was from another country the Philippines, and had only been in the United States for  a few months. She was in Chicago with her family then. We began to talk more and more frequently, and really seemed to be getting to know each other quite well. She told me about how she wound up in Chicago, and told me about what her life was like in the Philippines. But the most important thing that I discovered  was in her personality. Rarely had I ever talked to anyone who was as honest and trustworthy as Zim. She never had a bad word to say about anyone, and never seemed to violate anyone’s trust. That showed me that she was a very honorable person. As more time passed, I began to look forward to our chats each day, and we were becoming closer and closer to each other. We had seemingly discussed almost every detail of our lives, both good and bad, and I enjoyed our conversations more and more. Even though I still wasn’t totally convinced that a relationship could be formed online, I really began to feel that Zim wasn’t just an ordinary girl. I could tell she was someone special, and I began to feel an attraction to her. The more we talked, the more it seemed like we have known each other for years, and the attraction continued to grow, but it was about to be shot down in a big way..

          I learned that Zim was going back to the Philippines to continue her education, this time in nursing, even though I knew that she wasn’t really that interested in it. Anyway, what could have been a good thing now seemed to be gone. I wondered why I had let myself get so attracted to her now that she was headed back to the other side of the world. But, we continued to talk very frequently after she left, and what hurt most was when she informed me that she was kinda attracted to me also. I was surprised, and pleased, but it hurt that she was now so far away. She told me that she would be back though, but could I wait for that time? I didn’t want to wait that long, but something kept telling me to be patient. I was very impressed with the amount of time that she  devoted to me, even though her nights were during my days,  and vice versa.

        It wasn’t long before I knew that I couldn’t just forget about someone as special as Zim, and that perhaps this was the Lord’s way of telling me to have more patience and great things will happen. And that was exactly what I did, waiting and waiting, hoping that this wonderful person would be back very soon. 

        Well, a few months passed, and sure enough, I received some very wonderful news. Zim had decided to give up her nursing education to come back to Chicago, and wanted us to get together after she came back! I was very excited of course, but nervous also. After all, this was new to  me. I had never gotten to know anyone mainly from internet chatting before. But I knew this was what I wanted. More importantly though, I was deeply touched that she wanted to be with me so soon after coming back, again proving that she was no ordinary girl, but someone very special. A few days after she arrived, I made the trek to Chicago to be with her. What happened was beyond anything I could have imagined. I had never been treated so well by any female in my entire life. Just looking into her eyes, I knew for sure that she was the one I wanted to be with. It was like God had sent an angel just for me, and every minute spent with her seemed like a piece of heaven itself. Since then, our love has continued to grow, and I have been more and more amazed at how wonderful Zim truly is. Even though we are still far apart, not a day goes by when we do not spend hours talking, and not a minute passes without me thinking of how much she means to me. I have thanked God everyday for bringing her into my life. She has brought happiness to me that I never thought I could have, and it gets better each and every day.

        So, the moral of my story? You never know where, when, or how you will find true love, but when it happens have patience and do not turn your back on it! You may be sorry if you do.

Brian L.

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to be continued……

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The ups and downs of life….. this is one of our downs… real sad not just for us but for this company which had been so good to us… *sigh* :(

NEW YORK, Feb 15 (Reuters) - Hedge fund Saracen Energy suffered heavy losses in natural gas futures this week, forcing it to liquidate some positions, the fund said on Friday.
Saracen would not elaborate on the magnitude of its losses but energy traders said the Houston-based fund could have taken a hit in excess of $500 million, more than a third of Saracen’s estimated $1.3 billion value.
Saracen, which specializes in North American natural gas, crude oil, and power trades, insisted it had enough liquidity to remain solvent.
“We did unwind some unfavorable positions on natural gas this week,” said a Saracen spokeswoman. “We’re continuing to trade and execute our trading strategy.”
Saracen’s big losses on natural gas spreads comes less than two years after a similar trading strategy racked up over $6 billion in losses and sank the giant Amaranth Advisors fund.
Traders said Saracen had shorted the spread between March and April 2009 natural gas futures, betting it would narrow.
When the spread began to widen, Saracen was forced to close out its position with heavy losses.
The spread between March and April 2009 natural gas futures jumped more than 50 percent in the week between Feb. 7 and Feb.
14, according to Reuters data. Similar moves also occurred in the same spread in 2010 and 2011.
The liquidation of Saracen’s position was likely one factor in pushing natural gas prices to 14-month highs this week, traders said.
Front-month natural gas futures hit a 14-month high of
$8.847 per million British thermal units in Friday’s electronic trade, supported by the market talk of Saracen losses, continued U.S. winter cold, and three straight weeks of larger-than-expected inventory drawdowns.
“They literally moved the markets this week if they unwound positions worth $400 million,” said one gas trader.
Speculation was rampant in energy markets that Saracen was selling its trading book. The fund declined to comment on any of its business activities, but did specifically deny a market rumor that it was selling its book to Goldman Sachs .
Market sources said Goldman is Saracen’s prime broker.
Goldman declined to comment on whether or not it has a prime brokerage relationship with Saracen.
The 2006 collapse of Amaranth Advisors LLC, one of the biggest hedge funds meltdown ever, pushed the Commodity Futures Trading Commission to sue Amaranth and trader Brian Hunter, alleging that they tried to manipulate natural gas futures prices.

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The ups and downs of life….. this is one of our downs… real sad not just for us but for this company which had been so good to us… *sigh* :(

NEW YORK, Feb 15 (Reuters) - Hedge fund Saracen Energy suffered heavy losses in natural gas futures this week, forcing it to liquidate some positions, the fund said on Friday.
Saracen would not elaborate on the magnitude of its losses but energy traders said the Houston-based fund could have taken a hit in excess of $500 million, more than a third of Saracen’s estimated $1.3 billion value.
Saracen, which specializes in North American natural gas, crude oil, and power trades, insisted it had enough liquidity to remain solvent.
“We did unwind some unfavorable positions on natural gas this week,” said a Saracen spokeswoman. “We’re continuing to trade and execute our trading strategy.”
Saracen’s big losses on natural gas spreads comes less than two years after a similar trading strategy racked up over $6 billion in losses and sank the giant Amaranth Advisors fund.
Traders said Saracen had shorted the spread between March and April 2009 natural gas futures, betting it would narrow.
When the spread began to widen, Saracen was forced to close out its position with heavy losses.
The spread between March and April 2009 natural gas futures jumped more than 50 percent in the week between Feb. 7 and Feb.
14, according to Reuters data. Similar moves also occurred in the same spread in 2010 and 2011.
The liquidation of Saracen’s position was likely one factor in pushing natural gas prices to 14-month highs this week, traders said.
Front-month natural gas futures hit a 14-month high of
$8.847 per million British thermal units in Friday’s electronic trade, supported by the market talk of Saracen losses, continued U.S. winter cold, and three straight weeks of larger-than-expected inventory drawdowns.
“They literally moved the markets this week if they unwound positions worth $400 million,” said one gas trader.
Speculation was rampant in energy markets that Saracen was selling its trading book. The fund declined to comment on any of its business activities, but did specifically deny a market rumor that it was selling its book to Goldman Sachs .
Market sources said Goldman is Saracen’s prime broker.
Goldman declined to comment on whether or not it has a prime brokerage relationship with Saracen.
The 2006 collapse of Amaranth Advisors LLC, one of the biggest hedge funds meltdown ever, pushed the Commodity Futures Trading Commission to sue Amaranth and trader Brian Hunter, alleging that they tried to manipulate natural gas futures prices.

Comments No Comments »