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- 2006-7-3
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发表于 2009-3-21 20:26
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Revistaing Vista GoldVGZ moved to another new high on unusual volume. Longtime readers may recall my featuring the stock back in February when it was a little over five bucks.
When I look more closely at the weekly chart I can see that the really smart people (not me, alas!) were on top of this one as early as September 2005 and they’re still holding strong.
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Cat: | Time: 9:56 am (utc+8) Comments (0)
Notable New Highs — August 8, 2006
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Cat: | Time: 9:29 am (utc+8) Comments (0)
The Best American TV Show Transcription Service in the WorldLove of U.S. TV spurs Chinese thefts, by Howard French
The volunteer translators in China say they are willing to devote long hours to this effort out of a love for American popular culture. Many say they learned English by obsessively watching American movies and television programs. And others say they pick up useful knowledge about everything from changing fashion and mores to medical science.
A longstanding practice of strict censorship that affects all Chinese media, and covers not only politics, but sexuality, violence and other subjects that form the grist of American entertainment, also drives audiences toward alternatives like downloadable television shows. And there are sharp limits on the number of American programs and Hollywood movies that can be broadcast or screened in theaters here.
China imported only 16 American films last year, out of a total of 20 foreign movies. American programs are similarly scarce on Chinese television. Official efforts to control both the market for and content of popular culture have long had the effect of encouraging piracy here. Cheap DVD copies of newly released American movies have been sold on street corners throughout China for years. Recent attempts to crack down on these sales, at the insistence of the United States, have coincided with the boom in television and movie downloading, which could eventually make DVD piracy obsolete.
I became aware of this phenomenon when a young Chinese friend said to me, hey did you catch last night’s episode of Boston Public? And I said, what’s Boston Public? She then led me by the hand through this culture of massive, near-real-time piracy of popular American TV shows (which I’ve never seen and care nothing about). What fascinated me the most was that in addition to the TV programs, you can download original full-text English transcripts of every popular show out there.
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Cat: | Time: 7:44 am (utc+8) Comments (2)
August 8, 2006
Banks Without BranchesCitigroup and Société Générale Battle for Rare Prize in China — Warts and All, by Rick Carew
As part of its deal to join the World Trade Organization in 2001, China promised to let foreign banks tap its local-currency retail market this December. Currently, foreign banks can handle loans and deposits in foreign currency and provide yuan-denominated services to enterprises in 25 cities. The change will give foreign banks full access to Chinese individuals, a huge pool of potential customers for products such as credit cards and mortgages.
But foreign banks don’t have the branch networks that will let them take real advantage of the change — there are only 181 branches operated by all foreign banks in China combined as of October.
The graphic that accompanies the article shows that HSBC has 24 branches, Bank of East Asia has 21, Citigroup has 18, Standard Chartered has 15, and Hang Seng Bank (a subsidiary of HSBC) has 11, so there’s a wee little bit of room for growth.
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Cat: | Time: 2:42 pm (utc+8) Comments (0)
HANS Finally Cracks But No Joy in DummyvilleMarket tone was poor from the get-go so it was smart to look on the short side. HANS blew up (to Herb Greenberg’s great delight) doing about five times average volume and was the #1 Unusual Suspect. Things were not easy for Dummies though. As you can see from the chart below, the early Dummy shorts were picked off by the 11:45 AM bar.
The noon bar (a narrow range inside bar, blue with small 7) provided a good spot for persistent traders to re-short the stock. However, you run the risk of “revenge trading” by pursuing an entry in a stock that you just got stopped out of, and it takes enormous discipline to do this without really screwing up your mindset. If you get stopped out once again, then you’re really pissed and liable to do something stupid (like take yet another short position, lol).
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Cat: | Time: 9:46 am (utc+8) Comments (5)
Notable New Highs — August 7, 2006Not exactly a picture of health and if the Fed does the unexpected tomorrow (raises rates), all hell is going to break loose.
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Cat: | Time: 9:23 am (utc+8) Comments (0)
Establishing and Maintaining Eye ContactThe Invisible Grip, by Tom Chiarella
A person’s gaze has weight, resistance, muscularity. Clearly, there are people who use their eyes well. You know them: the sales rep, the fundraiser, the tyrannical supervisor. Their eyes force the question. These people may be as dumb as streetlamps, but they are an undeniable presence in the room. They know they must be dealt with. You know it, too.
This is a skill that’s hard for naturally shy or introverted people to develop, but it’s essential.
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Cat: | Time: 9:05 am (utc+8) Comments (0)
The Latest (and Last?) in a Line of Global TonguesLanguage not pronounced trippingly on native tongue, by Noam Cohen
Though English fluency can seem like the key to the kingdom today, in the future, if there are two billion people who can speak English, the English speaker without knowledge of another language will be at a disadvantage.
Speaking good English isn’t the key to the kingdom, but without it you won’t have a pot to piss in. (I combined alliterative metaphors on purpose because I’m a native English speaker.)
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Cat: | Time: 8:54 am (utc+8) Comments (0)
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