Saturday, December 30, 2017

High speed rail.. We don't need it

Rm66 billion not including land acquisition cost too much
All you need to do is extend double track I 5G down to Singapore for the ERS train. This is high speed running up to 160 knh. 

Tuesday, December 26, 2017

After every boom n bust the @snakeoilsalesman appears. Here it's #cryptocurrency

Friday, December 22, 2017

Bitcoin plunges below US$13,000, heads for worst week since 2013 | The Edge Markets

Bitcoin... Only one outcome

Wednesday, December 20, 2017

Fcpo daily
Path of least resistance seems to be up... 

Monday, December 18, 2017

Daily adx turns up.... 

Thursday, December 14, 2017

I love bicycles, and hate cars. 
Cars kill, pollute the air, harms the environment, contributes to Global Warming. Car drivers get overweight, are generally unhealthy, obnoxious road bullies.. 

CIMB

Who needs #bitcoin and #cryptocurrencies. Basically #bitcoin etc is a money game on the internet I guess good for those who have not got money, want to get rich quick. All the hype about democracy, non governemnt currency and trust are just smokescreen for what it is. A way for organised crime and terrorists to launder money with no transparency...

Wednesday, December 13, 2017

Meanwhile the #djia is in its own bubble(small)...

As brokerages brace for bitcoin futures, Interactive's Peterffy warns of destabilization risk

As brokerages brace for bitcoin futures, Interactive's Peterffy warns of destabilization risk

https://www.cnbc.com/2017/12/07/interactive-brokers-warns-of-risk-from-bitcoin-futures.html?recirc=taboolainternal


#bitcoin #moneygame

Tuesday, December 12, 2017

#bitcoin, and the #monopoly $100 note have features in common. Both are fake.

Fcpo rebounds after quadruple divergence.... 

Monday, December 11, 2017

#bitcoin basically a huge bubble with value being attributable to it by the 'greater fool' next in line to take the other side.

#Bitcoin in my opinion is like monopoly money. It's value is arbitarily determined according to the participants who own it, ie their 'perception' that it holds value. Nothing more than a bunch of 0s and 1s of computer code. No physical substance like Gold, which at least will glitter and look good as jewellery, or have useful purpose as false teeth base.

So basically #Bitcoin and other cryptocurrency will have value 'if one owns it". If "one does not own any" then it is like fake monopoly money, or like the Chinese 'Hell bank notes" No  function or substance except for hype....

Friday, December 08, 2017

Fcpo triple divergence 15 min

#Bitcoin... Looks like a parabolic move to a blow off top


"There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time."J Livermore Manchester City FCl Crude Palm Oil

fcpo.blogspot.com


From Dragons and Bulls by Stanley Kroll
Introduction and Foreword
The Importance of an Investment Strategy
5 The Art of War, by Sun Tau (circa 506 BC) and The Art of Trading Success (circa AD 1994)
That's the way you want to bet
Long-term v Short term trading
Technicals v Fundamentals
Perception v Reality
Part 1: Winners and Losers
Part 2: Winners and Losers
Sun Tzu: The Art of War
Those who tell don't know, those who know don't tell
Why there is no such thing as a "bad market"
The Secret to Trading Success
The Experts, do they know better?
Risk control and money management
Larry Hite: The Billion Dollar fund Manager
Systems Trading:Kroll's Suggested Method
Buy the Strength Sell the Weakness
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system