In the News II

Showing the same chart as above, except this one is Six Months for each candle.

The Six Month Doji Candle was a sign of the Dot Com Bubble top.

So I'd expect something similar when they begin to drain the system of cash.

The time frame of another Doji Candle can be variable (doesn't have to be a six month time interval).

But there's no rule that states there has to be a Doji to mark price reversal nor is there a rule that major tops need to be back-tested.


Can click on image to expand it.

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https://imgur.com/LzMwm9P

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Quote: DoubleGold

Showing the same chart as above, except this one is Six Months for each candle.

The Six Month Doji Candle was a sign of the Dot Com Bubble top.

So I'd expect something similar when they begin to drain the system of cash.

The time frame of another Doji Candle can be variable (doesn't have to be a six month time interval).

But there's no rule that states there has to be a Doji to mark price reversal nor is there a rule that major tops need to be back-tested.


Can click on image to expand it.

--------------------

https://imgur.com/LzMwm9P

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Not questioning the value of your stock ideas…. Just they seem out of place in a In The News thread. Why not start a ‘DoubleGold stock thoughts’ thread? Of course there is overlap but give it a try?

James referring to Elon.

I classify Elon as a scammer not a greedy capitalist.

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The man I thought was a defender of free speech is just another greedy capitalist.

-- James Woods

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Canada's federal government is having a fight with Facebook over Canadian content and reposting of news. Canada wants them to pay the original news source for posting it. In response Facebook has quit publishing news to Canadian Facebook users.

As some of you are probably aware BC is having a lot of interface fires with evacuation orders this year. The various agencies and levels of government have used Facebook sites to to get the latest news to people but this news is being blocked by Facebook because of the general blockage of all news.

This issue brings into focus whether the large social media sites are actually private businesses or are closer to public utilities. What are your thoughts.

They're political institutions.

Quote: kenarman

Canada's federal government is having a fight with Facebook over Canadian content and reposting of news. Canada wants them to pay the original news source for posting it. In response Facebook has quit publishing news to Canadian Facebook users.

As some of you are probably aware BC is having a lot of interface fires with evacuation orders this year. The various agencies and levels of government have used Facebook sites to to get the latest news to people but this news is being blocked by Facebook because of the general blockage of all news.

This issue brings into focus whether the large social media sites are actually private businesses or are closer to public utilities. What are your thoughts.

I don’t think Facebook should have to pay news sources to repost news.

I’m sure a lot of the news sources’s views come via people sharing/commenting on them on Facebook so they are already getting a benefit from them.

Quote: ams288

I don’t think Facebook should have to pay news sources to repost news.

I’m sure a lot of the news sources’s views come via people sharing/commenting on them on Facebook so they are already getting a benefit from them.

If the institutions don't care, why should the government? They can control their content on their own, if they want to do so.

The only thing I see is potential tax revenue or control of the media of some form. I'll go with tax revenue until I read more.

Quote: AZDuffman

What on earth is wrong with business interruption insurance? What do you have against risk management?

Oh my God...where do I even start?

1.) I don't have a problem with the concept of insurance as a matter of principle.

2.) I do have a problem with that the hotel would likely have to fight for the claim. If there were people staying at the hotel (paying or not), the insurance company would likely deny the claim on the grounds that the hotel is operating, and as such, business has not been interrupted.

3.) This is just a specialty policy that is unnecessary and should be part of the hotel's regular property insurance by default. I've sold this sort of garbage before, except it was individual Accidental Disability Insurance. What these kinds of policies cover is so narrow that there's no excuse that they couldn't just be wrapped into a general insurance plan.

4.) Sometimes, some of the stuff these policies cover is ALREADY covered by the other insurances, so you'll partially get charged for the same insurance twice. That was true of the Accidental Disability Insurance. Your health insurance would already be doing the bulk of what we were offering, then workers comp, etc...

5.) Adds cost without adding value.

6.) The insurance companies get rich and these costs get passed down to the guests of the hotel; therefore, rooms are more expensive than they might otherwise be to maintain margins.

So, it's really simple. You don't charge the guests because you are telling them they can't have the room. I don't know why that's so difficult to grasp as a concept. If you pay me for something and I refuse to give it to you, then you should get your money back. It's not rocket surgery.

With that, the Government steps in and tells the hotel to clear out non-locals and pays Federal Rate for all rooms and the hotel refunds guests. In the alternative, the hotel doesn't have to do anything and the guests who are booked to stay there can do so.

But in no world should both the hotel and the guests need some specialty insurance for something like this. It's patently ridiculous. Are you guys f***ing with me? Are you guys being paid per post by a major insurance company? JK

I mean, the entire insurance industry is predicated upon they take in more money than claims cost them to pay out. That should really tell you everything you need to know about specialty policies. It adds cost to the end user (the guests of the hotel) with no added value for them.

Actually, I have a great idea. What if we create a new kind of insurance policy that insures against other insurance policies denying your claim, then we can create another new policy that insures against your policy that is supposed to insure against claims being denied also denying you?