Money and Words

Money is stored labor and words are stored ideas. Money is like art. Art is a verb, not a subject. Like the Benny Goodman song says in the song title, It is not "what" you do, it is the "way" that you do it. Finally, politics is gossip. Called rumor in the market, 70% of rumor it has been said often turns out to be true. Rumor, like gossip, is people said. People said reflects people spirit. This blog talks to issues spirit, not to people said. This is only what I say, everyone else does what they say. Links to other Sunset Stroller sites below.

Tuesday 27 October 2020

Charts are cool....

 ...... while a ticker tape is hot. Any thing that moves is instinctually watched, from animals to television and commands all ones senses

crowding out intellectual evaluations to the urgent present. However charts do not, and the candlestick charts popular today with their oscillators, volume and so forth allows one to make very deliberate decisions. Since this decision relates to money and not a story, this means that charts, like money, tell the truth. Charts today are instant to whatever rhythm you set them for and this changes the way our mind works. On top of it all, charts can be set to follow formulas and trade by themselves, watched or not watched, while one is luxuriating on their air conditioned yacht with the helicopter pad nearby.