I was enjoying the great profits on tech stocks in 2000 and
it was hard to ask a lottery winner (me) not to buy lottery tickets. On
early April, 2000, I read an article that you could fit the entire
workforce of an internet company in a conference room of a S&P500
company. That's my catalyst to rotate almost all tech mutual funds to
traditional industries (smarter to move to cash).
Wednesday, July 2, 2014
My new car
I ordered
my 2050 model that will come with a beautiful female robot driver (handy
for those commute lanes) for half a million (could be a bargain as they
forgot to put inflation into consideration).
The only worry is the car is too low so my food from Burger King drive-thru would drop on my head from the tiny sun roof :)
Yes, I know I can use my books to cover my head.
The only worry is the car is too low so my food from Burger King drive-thru would drop on my head from the tiny sun roof :)
Yes, I know I can use my books to cover my head.
Good suggestion to try
The
algorithms are difficult for me to use successfully over time, but I do
quite well simply following the trends and using Simple Moving Averages
with a Momentum indicator as a double check to verify the trend is
solidly moving in one direction.
You might keep the method in mind for a double check of your own. At the very least, it is worth some thought.........
Prejudice
First I should say the prejudice against me is seldom.
When two debate, most likely both are right in their own perspectives. We learn from each other. The number of 'likes' in Seeking Alpha sometimes shows racial discrimination, self admiring, or bias. After I pointed it out, they used shamelessly all kinds of excuses. Give me a break please and I was not born yesterday. I never want to use the 'racism' card to argue, but I do to mention it here once and only. It has happened too many times.
When both sides have good arguments, the number of 'likes' cannot be one sided. I recommended the debater to change his last name to a Chinese name and experience it first hand. From my experiences, there are at least 2 types of racists.
1. Old folks. They see Chinese with pony tails. Personally I know a lot. I never want to correct them. Hopefully they will bring their bias to their graves and hopefully they will not pass their bias to the next generation knowingly or unknowingly. I saw many losing their jobs and opportunities for speaking out from the hearts without realizing the consequences. Actually I argued for them as I do not think the punishment fits the 'crime'.
One time I was in the supermarket on Monday (a day most small restaurants close) in a neighborhood with a lot of Chinese, an old gentleman talked loudly to his wife "Why there are so many welfare cheaters here?" I was there to prepare my trip to NYC to fix some problems. Do I have to explain to this gentleman and ask for his permission to shop on a Monday afternoon?
2. Uneducated folks. Many experiences and from my children too. One 'educated' teacher was eventually fired. He said he could not pronounce Chin's last name.
Discrimination is a bad human nature. I do not walk after night in a ghetto. It is based on past experience and not based on the color of the skin. There are too many real experiences. Check out my articles in Seeking Alpha and the comments and compare them to similar articles written not using a Chinese name.
That's why I enjoy investing. There is no bias, no discrimination, no office politics, and your success in the long run depends on your home work and techniques.
Enjoy the better things life offers without dealing with these biased folks.
-------------
Most of my initial buyers of my books have foreign names. The white do not think a foreigner can offer investing advices. It motivates me to improve my books as it is my weapon to fight discrimination.
------------
Check out the following articles and you will identify folks are biased from the reactions to the two articles. My performance is doing far better than the stocks recommended by other article.
My article.
http://seekingalpha.com/article/1095671-amazing-returns-velti-alcatel-lucent-alpha-natural-resources
Another article on stock recommendation.
http://seekingalpha.com/article/259680-a-simple-retirement-portfolio-for-the-next-3-years?v=1304773650
Be your own judge. To me, folks are wearing color eye glasses.
When two debate, most likely both are right in their own perspectives. We learn from each other. The number of 'likes' in Seeking Alpha sometimes shows racial discrimination, self admiring, or bias. After I pointed it out, they used shamelessly all kinds of excuses. Give me a break please and I was not born yesterday. I never want to use the 'racism' card to argue, but I do to mention it here once and only. It has happened too many times.
When both sides have good arguments, the number of 'likes' cannot be one sided. I recommended the debater to change his last name to a Chinese name and experience it first hand. From my experiences, there are at least 2 types of racists.
1. Old folks. They see Chinese with pony tails. Personally I know a lot. I never want to correct them. Hopefully they will bring their bias to their graves and hopefully they will not pass their bias to the next generation knowingly or unknowingly. I saw many losing their jobs and opportunities for speaking out from the hearts without realizing the consequences. Actually I argued for them as I do not think the punishment fits the 'crime'.
One time I was in the supermarket on Monday (a day most small restaurants close) in a neighborhood with a lot of Chinese, an old gentleman talked loudly to his wife "Why there are so many welfare cheaters here?" I was there to prepare my trip to NYC to fix some problems. Do I have to explain to this gentleman and ask for his permission to shop on a Monday afternoon?
2. Uneducated folks. Many experiences and from my children too. One 'educated' teacher was eventually fired. He said he could not pronounce Chin's last name.
Discrimination is a bad human nature. I do not walk after night in a ghetto. It is based on past experience and not based on the color of the skin. There are too many real experiences. Check out my articles in Seeking Alpha and the comments and compare them to similar articles written not using a Chinese name.
That's why I enjoy investing. There is no bias, no discrimination, no office politics, and your success in the long run depends on your home work and techniques.
Enjoy the better things life offers without dealing with these biased folks.
-------------
Most of my initial buyers of my books have foreign names. The white do not think a foreigner can offer investing advices. It motivates me to improve my books as it is my weapon to fight discrimination.
------------
Check out the following articles and you will identify folks are biased from the reactions to the two articles. My performance is doing far better than the stocks recommended by other article.
My article.
http://seekingalpha.com/article/1095671-amazing-returns-velti-alcatel-lucent-alpha-natural-resources
Another article on stock recommendation.
http://seekingalpha.com/article/259680-a-simple-retirement-portfolio-for-the-next-3-years?v=1304773650
Be your own judge. To me, folks are wearing color eye glasses.
No more body bags
The ego and the dumb nationalism cover the eyes of our leaders.
We did not learn from the French on Vietnam. Does today's Vietnam threaten the world?
We did not learn from the Russians on Afghan. Are we protecting the opium supply to our addicts?
We are talking to return to the Pacific so Vietnam, Japan, Philippine can fight China. That could lead to the worst global recession. First, China would withdraw all the debts from us.
Solve our basic problems, not diverge our attention to new problems that we cannot afford to solve or cannot possibly profit from them. We need jobs, not body bags returned.
We did not learn from the French on Vietnam. Does today's Vietnam threaten the world?
We did not learn from the Russians on Afghan. Are we protecting the opium supply to our addicts?
We are talking to return to the Pacific so Vietnam, Japan, Philippine can fight China. That could lead to the worst global recession. First, China would withdraw all the debts from us.
Solve our basic problems, not diverge our attention to new problems that we cannot afford to solve or cannot possibly profit from them. We need jobs, not body bags returned.
Why I write
These are several reasons:
1. Kill time during retirement.
2. Share my investing experiences, good and bad.
3. Help my investing. An informal (or a big notebook) book will not do the job.
4. A challenge. Not in investing as I beat the professionals routinely. Besides English is not my native language, I have not written much during my entire IT career.
--------------------
Today's e-publishing is virtually free. I have written 2 books and at least 10 more which are derivatives of the two main books.
Initially most buyers are from Seeking Alpha. The readers know me via my comments. I have written 3 articles. Now, it is from many other forums and amazon.com. Without amazon.com, my life could be wastefully spent in fulfilling orders, which is quite boring to me.
I also comment on some articles in Seeking Alpha, particularly in their Wall Street Breakfast. It is like my English literature teacher gave me topics to compose. Those good old days in high school!
Here is my recent article.
http://seekingalpha.com/article/2291605-6-signs-of-a-correction
1. Kill time during retirement.
2. Share my investing experiences, good and bad.
3. Help my investing. An informal (or a big notebook) book will not do the job.
4. A challenge. Not in investing as I beat the professionals routinely. Besides English is not my native language, I have not written much during my entire IT career.
--------------------
Today's e-publishing is virtually free. I have written 2 books and at least 10 more which are derivatives of the two main books.
Initially most buyers are from Seeking Alpha. The readers know me via my comments. I have written 3 articles. Now, it is from many other forums and amazon.com. Without amazon.com, my life could be wastefully spent in fulfilling orders, which is quite boring to me.
I also comment on some articles in Seeking Alpha, particularly in their Wall Street Breakfast. It is like my English literature teacher gave me topics to compose. Those good old days in high school!
Here is my recent article.
http://seekingalpha.com/article/2291605-6-signs-of-a-correction
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There are two camps: one who believe and one who do not believe. It is as expected. I will not take credit if there will be a correction within a month, or take the blame if there will be none in the next 3 months. From my record, I have more rights than wrongs. Here is my summary:
1. I did think of other signs as mentioned by some of you: interest rate, oil price, current events… I expect interest rate will start rising by the end of the year. The recent rise in oil price is due to the turmoil in the Middle East. The current events including Ukraine and the Middle East seem not to be a factor as our leader does not want to participate.
2. Corrections are harder to detect than market plunges, which has a lot of interest. After I detect a plunge, I will spend most of my time in protecting my portfolio. Most likely I’ll not have time to write an article. I have full description in my books if you’re interested.
3. I expect a correction, but not a market plunge as I do not see any bubbles (those bubble stocks are too few). My prediction: They will be half the peaks achieved in 2013 by the end of this year. To me, all stock trades are predictions. Some materialize and some do not.
4. The two links have been interesting to many (one claimed ‘opened the eyes’). There are over 300 clicks on the two. One deals with how to detect the market plunge and one deal with profits even from a correction predictions not fully materialized. They are actual numbers and transactions.
The number of page views exceeds my expectation. Thanks for reading and comments. There are two articles I wrote that you can find the links at the end of this article