Thursday, April 02, 2020

20200402

Failures of governments in Europe and USA who have the resources to prepare for this imminent threat are the main cause of the worsening situation today. China informed the World Health Organisation on 31-Dec 2019.

USA banned flights from China in late January but yet until early mid March 2020, President Trump was not taking the matter seriously. New York was already facing an onslaught but the Governors of almost every states were not even considering a lockdown. Till today several state still refused a lockdown despite the number of cases in USA surpassing 200,000 and deaths 5,000. President Trump still hesitant in making a decision for the whole country to be on lockdown. Americans will suffered as a result of this indecisiveness.

China should do well to ban all foreigners from entering the country, given that the number of infected all over the world is exceeding 1,000,000 and deaths reaching 50,000 over next 2 days. In fact, all countries should do the same. That will be the best way to contain the coronavirus until a vaccine is found.

We Malaysians are lucky, that PM Muhyiddin made the decision on 16-Mar to comtain the pandemic. We are also blessed to have a very professional Director General in our Health Ministry, Datuk Dr Noor Hisham. The same cannot be said for our Minister of Health and several other ministers and deputy ministers who are making fools of themselves by their silly actions and announcements during these trying time. This is no time for politics.

As for Malaysians who continued to flout the PKP/MCO, the police must be very strict and firm in discharging their duties without fear or favour. It will be in the interest of everybody for us to contain the Covid-19 and allowed all of us to go back to work by 15-Apr. Of course there will be many who won't want that. They are happy to be paid salaries for not working and then received monetary assistance (rewards) from the government.

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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