Thursday, August 30, 2012

J.K. Rowling on failure


Failure gave me an inner security that I had never attained by passing examinations. Failure taught me things about myself that I could have learned no other way. I discovered that I had a strong will, and more discipline than I had suspected; I also found out that I had friends whose value was truly above the price of rubies.
The knowledge that you have emerged wiser and stronger from setbacks means that you are, ever after, secure in your ability to survive. You will never truly know yourself, or the strength of your relationships, until both have been tested by adversity. Such knowledge is a true gift, for all that it is painfully won, and it has been worth more than any qualification I ever earned

J.K. Rowling -  Harvard commencement

Wednesday, August 22, 2012

Time to significantly increase HSI puts

There are several critical indicators suggest here is a good opportunity for shorting:
Low risk sell opportunity on HSI weekly chart . (bear emotion exhausted)
ECRI recession call. (people will realize before year end)
VHSI at historically low level. (cheap option price)
China inverse dependency ratio reaches turning point. (Japan US relevence)

Bearish than ever on China

These charts below basically speaks for themselves
Add caption
Japan,Us Inverse Dependency Ratio
Spain,Greece,Portugal inverse population ratio
China Inverse Dependency Ratio compare to  US Japan
Japan Inverse Dependency Ratio and property price

Us  Inverse Dependency Ratio and property price

China Inverse Dependency Ratio and property price

source1 source2