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I borrow from President Bush. If that sucker ever to come, we probably need to go back to barter trade.

When Putin has bought enough, he will then negotiate for a settlement. Can Ukraine say no settlement ? Once settlement is reached, he will be even richer indeed. So, the market is pricing on a settlement?

It's the first movers' advantage. Those who have bitcoin will have a lot of US dollar. 21 million not enough ? Then have a pico satoshi. :cool:

Just imagine between you and I at a macro level. In a finite world, both account cannot grow at the same time and negative balance does not exist. Once one account reaches zero, everything stop.

If it's finite supply then it's a "zero sum" game. Possible to operate an economy on zero sum game ? In that environment, one will need to spend more effort and resources to earn it. Someone's bank account will have to shrink in order for one's account to expand.

Currency is relative in nature. Even bitcoin is measured in US dollar. Does it make any sense to have a bitcoin by itself? Cryptocurrency is not fiat? This is no gold to back it except it has finite supply. IF there is supply constraint, they will still be inflation.

The Gambler Kenny Rogers On a warm summer's evening On a train bound for nowhere I met up with the gambler We were both too tired to sleep So we took turns a-starin' Out the window at the darkness The boredom overtook us And he began to speak He said, "Son, I've made a life Out of readin'...

This screen is best suited for charting software e.g. Ninja Trader, Amibroker. I use Amibroker. This is not a software recommendation but just an example. Filter = (ref(C,-4) > ref(C,-3)) AND (ref(C,-3) > ref(C,-2)) AND ( ref(C,-2) > ref(C,-1)) AND (ref(C,-1) > ref(C,0)); This is part of the...

The data is available at SEC's edgar archive. You need to know the 10 digit CIK number e.g. AAPL 0000320193. This link will bring you to the AAPL 10-Q page. https://www.sec.gov/edgar/browse/?CIK=320193 Select either 10-K(annual) or 10-Q(quarter) Click on Filling of each report...

All trends will die someday so it's not possible to hold a position forever. Taking profit is key part of the job. As with any action, a win is a win. Of course, all want a bigger win. On the other hand, a loss is a loss. Make it a smaller one. I still unable to avoid "taking a loss and to see...

Technical Analysis - stock charting. Why TA? 1. Market is a discounting mechanism, 2. Mass psychology - repeating, 3. Market will either consolidate or trend. A good summary is Classic Indicator by Linda Raschke Do a youtube search and it's worth listening. Indicators seldom work. If it works...

Is high inflation causing supply shortage e.g. empty store shelves or people purchasing ahead as a hedge against inflation? If I know if things are going to cost more and I am sure I will need it e.g. canned food, I will definitely stock it. It's now at 7.5%. The Fed will act when it's at 15%...

This painting by Edvard Munch epitomize trading. It's a scary journey. With a bit of imagination, observing the number of lows and it's distribution for a period of about 2 months, it can be seen old lows are taken out with new ones. It is when the new lows become scarce that is where...

Yes.. on many occasions cut loss and having to see it go back up and past the stop loss and continue to rise. As for me, there is no hard and fast rule. My rule of thumb, a wider stop loss is necessary in a volatile market environment.

As of 1/17/2022, there are about 40% new lows. I would rather these lows to stay further back before dipping our toes.

Supply chain planning may take time to respond to the demand downturn. RAM, display module and microprocessor lead time is rather long. So, what to do with the inventory? Cut price and push sales ? Demand downturn has wide implication.

Tomorrow is just another day. I won't dare to predict what will happen tomorrow. Upward direction is often set in a calmer market environment. The opposite is true in a volatile environment. Turning point is where new lows are getting less or new highs are getting less.

Why not wait until there are less dips? It could be a series of dips. Last week, 76% of the stocks were making new lows for the month.

Here is the Excel VBA script for downloading Yahoo Finance option. Click Macro and key in Yahoo_Finance for macro name and click Create. Cut and paste this script and paste in between Sub Yahoo_Finance() and End Sub. You may need to update my_url as you need to supply date in Unix time format...

Gartner Global Smartphone Shipment Apple never overtake Samsung but it command better margin. Huawei is kaput.