https://t.co/UOFNJ9JU0N
Based on the latest info I could find, here's why what happened on Jan. 6th was worse than we thought.
It was coordinated. This was not merely a crowd of protestors accidentally incited to storm the Capitol by the intemperance of the President & other speakers at the rally.
https://t.co/UOFNJ9JU0N
https://t.co/t1RPkvqx1I
https://t.co/sNYgePVHYh
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This is a great question from @HeerJeet and it has very old roots. In my book, I discuss a similar period of anxiety in the 1960s about the possibility of Air Force officers being involved in a coup. Thread.
Given the size of the US military in WW2, afterwards there was a spike in concern that some of these demilitarized veterans would be amenable to radicalization and supportive of insurrection. These fears heightened after the coups in France/Algiers in 1958 and 1961.
This was the peak era of the Cold War, so anti-communist anxiety was layered over top. The Right feared that communist infiltrators in the government would subvert the Republic. The Left feared that anti-communist military officers would launch a preemptive, paranoid coup.
Note as well that the foundation for these fears was rooted in a novel concept that journalist Edward Hunter had recently coined, "brainwashing." The idea was that US POWs held by North Korea had been brainwashed into accepting communism & might act as a fifth column back home.
You can see that particular paranoia in cultural artifacts from the time like "The Manchurian Candidate," novel in 1959 and the hit 1962 movie starring Frank Sinatra and the incomparable Angela Lansbury. Those sneaky commies nearly infiltrated the Oval Office itself, oh no!!
What's the back story about why so many former air force people are coup friendly?
— Jeet Heer (@HeerJeet) January 10, 2021
Given the size of the US military in WW2, afterwards there was a spike in concern that some of these demilitarized veterans would be amenable to radicalization and supportive of insurrection. These fears heightened after the coups in France/Algiers in 1958 and 1961.
This was the peak era of the Cold War, so anti-communist anxiety was layered over top. The Right feared that communist infiltrators in the government would subvert the Republic. The Left feared that anti-communist military officers would launch a preemptive, paranoid coup.
Note as well that the foundation for these fears was rooted in a novel concept that journalist Edward Hunter had recently coined, "brainwashing." The idea was that US POWs held by North Korea had been brainwashed into accepting communism & might act as a fifth column back home.
You can see that particular paranoia in cultural artifacts from the time like "The Manchurian Candidate," novel in 1959 and the hit 1962 movie starring Frank Sinatra and the incomparable Angela Lansbury. Those sneaky commies nearly infiltrated the Oval Office itself, oh no!!
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1/OK, data mystery time.
This New York Times feature shows China with a Gini Index of less than 30, which would make it more equal than Canada, France, or the Netherlands. https://t.co/g3Sv6DZTDE
That's weird. Income inequality in China is legendary.
Let's check this number.
2/The New York Times cites the World Bank's recent report, "Fair Progress? Economic Mobility across Generations Around the World".
The report is available here:
3/The World Bank report has a graph in which it appears to show the same value for China's Gini - under 0.3.
The graph cites the World Development Indicators as its source for the income inequality data.
4/The World Development Indicators are available at the World Bank's website.
Here's the Gini index: https://t.co/MvylQzpX6A
It looks as if the latest estimate for China's Gini is 42.2.
That estimate is from 2012.
5/A Gini of 42.2 would put China in the same neighborhood as the U.S., whose Gini was estimated at 41 in 2013.
I can't find the <30 number anywhere. The only other estimate in the tables for China is from 2008, when it was estimated at 42.8.
This New York Times feature shows China with a Gini Index of less than 30, which would make it more equal than Canada, France, or the Netherlands. https://t.co/g3Sv6DZTDE
That's weird. Income inequality in China is legendary.
Let's check this number.
2/The New York Times cites the World Bank's recent report, "Fair Progress? Economic Mobility across Generations Around the World".
The report is available here:
3/The World Bank report has a graph in which it appears to show the same value for China's Gini - under 0.3.
The graph cites the World Development Indicators as its source for the income inequality data.
4/The World Development Indicators are available at the World Bank's website.
Here's the Gini index: https://t.co/MvylQzpX6A
It looks as if the latest estimate for China's Gini is 42.2.
That estimate is from 2012.
5/A Gini of 42.2 would put China in the same neighborhood as the U.S., whose Gini was estimated at 41 in 2013.
I can't find the <30 number anywhere. The only other estimate in the tables for China is from 2008, when it was estimated at 42.8.
One of the most successful stock trader with special focus on cash stocks and who has a very creative mind to look out for opportunities in dark times
Covering one of the most unique set ups: Extended moves & Reversal plays
Time for a 🧵 to learn the above from @iManasArora
What qualifies for an extended move?
30-40% move in just 5-6 days is one example of extended move
How Manas used this info to book
Post that the plight of the
Example 2: Booking profits when the stock is extended from 10WMA
10WMA =
Another hack to identify extended move in a stock:
Too many green days!
Read
Covering one of the most unique set ups: Extended moves & Reversal plays
Time for a 🧵 to learn the above from @iManasArora
What qualifies for an extended move?
30-40% move in just 5-6 days is one example of extended move
How Manas used this info to book
The stock exploded & went up as much as 63% from my price.
— Manas Arora (@iManasArora) June 22, 2020
Closed my position entirely today!#BroTip pic.twitter.com/CRbQh3kvMM
Post that the plight of the
What an extended (away from averages) move looks like!!
— Manas Arora (@iManasArora) June 24, 2020
If you don't learn to sell into strength, be ready to give away the majority of your gains.#GLENMARK pic.twitter.com/5DsRTUaGO2
Example 2: Booking profits when the stock is extended from 10WMA
10WMA =
#HIKAL
— Manas Arora (@iManasArora) July 2, 2021
Closed remaining at 560
Reason: It is 40+% from 10wma. Super extended
Total revenue: 11R * 0.25 (size) = 2.75% on portfolio
Trade closed pic.twitter.com/YDDvhz8swT
Another hack to identify extended move in a stock:
Too many green days!
Read
When you see 15 green weeks in a row, that's the end of the move. *Extended*
— Manas Arora (@iManasArora) August 26, 2019
Simple price action analysis.#Seamecltd https://t.co/gR9xzgeb9K