Tweets for April 12, 2016

Added on by C. Maoxian.

Tweets for April 11, 2016

Added on by C. Maoxian.

Majoring in Jeffrey Hart

Added on by C. Maoxian.

From Greg Fossedal's appearance on Booknotes in 1989:

"... we have this image of the Voice of America as sort of simply being the counterpart to Soviet propaganda. That it's sort of supposed to repeat democratic slogans and tell people how much superior democracy is ... the interesting thing is that the radios seem to have the most impact when they are concentrating on conditions within those countries. It doesn't do somebody in Hungary much good to hear that Americans are more prosperous. What they need is ideas and facts about how to incrementally reform the communist system ... our radio very aggressively and in some detail and with some thought behind it reported on those [incremental economic reforms in Poland and elsewhere]. And reported on how people were organizing in other countries and within Hungary how alternative parties were forming to the communist party. And this information was critical to the formation of those democratic movements."

Horizon Pharma Pre-Open

Added on by C. Maoxian.

When something is moving pre-open (or after-hours) and I don't know why, I turn to StockTwits. If I had a Bloomberg Terminal, I'd look there first, but I'm on a $9.99 a month data feed, not an $1,800 a month one. Twitter itself is too full of ticker symbol spam to be of any use, and no "free" news source is quick enough to report anything.

Here's the timestamp for the 8-K: Accepted 2016-04-12 08:00:50. There are a lot of opportunities if you're paying attention and can act fast. 

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Telecom Sector Looks Like a Short

Added on by C. Maoxian.

Scrolling through the weekly charts I noticed an Idiot Wave set-up in the telecom ETF, ticker symbol IYZ. Just squiggles, you know, the zig zag pattern, so if you're into risking money based on these things, the reward looks decent. Weekly chart so would take months to work out probably. Not something a hyperactive day trader could stand to do, except in a very small, take-it-and-forget-about-it way.  

click to enlarge

Making America Great Again

Added on by C. Maoxian.

From James Fallows' appearance on Booknotes in May 1989, discussing his book, More Like Us: Making America Great Again:

"If there's someone [in the audience] who is ... an unmarried person or a childless couple especially in your 20's or 30's that has some freedom, go to Japan because you can get a job in a short time teaching English. And while you are making money teaching English you can learn Japanese. And then when you've done that there are a million things you can do there. And you will have a sense of knowing what the future is like because America will be dealing with Japan. So go."

The Nikkei 225 peaked at 38,957 in December 1989, so I think he left almost exactly at the top. I was in college studying Chinese in 1989, having wisely? anticipated that Japan was peaking, and Japanese wasn't the language a young man should be studying then. 

Fallows lived in China for some of the years that we were there (2005-2015) and I remember enjoying a talk he gave at the Bookworm. Thoughtful guy, hyper-articulate, we're lucky that he has been interested in Asia and writing about it for the last thirty years.   

Tweets for April 9, 2016

Added on by C. Maoxian.

Tweets for April 8, 2016

Added on by C. Maoxian.