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There was a famous Diamond vs Water paradox that confused ancient economists or philosophers. What they grappled with was why is diamond more expensive when water is clearly more useful. Without diamond a person can live but without water a person cannot. The answer to that paradox actually is...

Capitalism - Economic system where capital (cash you mean? I ask because some consider capital to mean machinery & technology) and the means (resources) of production are in private hands. Capitalism - Economic system where resources of production are privately owned. Socialism - Communism -...

How about you write what your clear definition is then? It's not for your understanding but for the understanding of those who may think differently. I guarantee you that whatever the clear definition you think you are providing would be challenged quite quickly. Now if the definition itself...

There was a one short entry and a stop out and then a long entry and a stop out. What do you do when you have these two in a row?

It's not a trick question. You'd be surprised how differently people think of what these are. A sociologist may define it differently than an economist. Even then there may be variations within those two groups. Each definition leads to associating certain current outcomes with either one group...

Everyone seems to be talking about capitalism. Before this discussion can go further how about defining the below first? Socialism Communism Fascism Capitalism Once the differences are clear can we begin to talk about what works and what doesn't. Gringo

What's the risk? The entire farm or a percentage of the farm?

I don't understand this point: Never boast - just let your importance be quietly obvious. How can importance become obvious without boasting?

Using the 5 min we can see price is in a TR. Is there a BO coming? Is the BO going to have RET. Is the price going to continue or stall if there's a BO. Is the BO to the up or down side? Price turning up from the mid has any significance? What about the bigger picture if we zoom out? Is this...

That is the hope. I am having the same feeling today that I had a few years ago when I first saw price as a being continuous. I am not sure why today I am able to get a glimpse of what others might be feeling. It has not happened to me before. Maybe it's another light that's going off in the...

I would say a lot of those who bought yesterday and today are trapped. I know that feeling of hoping, just hoping that price would get close to break even and then I would be out. Usually what ends up happening is that price gives the illusion of getting ready to go up and does go up. This...

Took 20% off. Might take more later if price firms up. I would expect some kind of a rebound around here as looking to the left one can see pockets of congestion around the 106 level. We're also in the thicket of the median. My expectation is for price to continue down after a few upward...

Lusting is supposed to have sold the Eiffel Tower a few times and even conned Al Capone. A set of instructions known as the "Ten Commandments for Con Men" has been attributed to Lustig: Be a patient listener (it is this, not fast talking, that gets a con man his coups). Never look bored. Wait...

He might have thought of making a quick profit and then giving some percentage to client and pocketing the rest. What's strange is that those who have enough funds are as vulnerable to trickery as those without. For some reason I have this belief that those with more money are a better judge of...

People are confusing Islam as being some united force against Christianity and vice versa. There were kingdoms and empires on both sides that distorted matters. Christian kings were fighting amongst themselves and Islamic kings amongst themselves. If it were Christians against Muslims then both...

Price is moving downwards. There is some hesitation and demand isn't giving up without a fight. Usually there's a sharp drop that lets everyone know demands backing off for good and makes it easier to sit through when price back paddles. While I was writing this the demand seems to be backing...

One scribbler is long and another is short! Of course the one long will have to repent. Or if the trading gods are smiling both would profit.

Position has been initiated.

Price has had a run but suddenly appears to be losing steam around 108 (NQ 4425). The behavior seems to be changing a bit. It's not all clear weakness but no time to flinch. Edit: Added chart. Edit1: Price stuck around 108. Not going down so far. Edit2: Removed 5min chart.

Price is moving up and retracing after a DL break. The time for me to stay alert is here. The highlighted yellow area is the area of interest. Now from the current position we don't know whether the demand will propel price all the way up to the optimal level or whether it might withdraw...