When comes to being an “urban survivor” there’s often some uncertainty over what one’s social status is. This week, you have a dandy opportunity to sort that out.
Here’s the ‘sort routine.’
- If you have the whole week off and there’s no government check involved, congrats. Top of the heap. You have worked hard and smart enough to not only be in a position that offers ‘vacation time’ but also have enough seniority to pick out a prime week in the middle of summer.
- If you have a 3-day work week? Still doing fine. You found a company that has some style and panache to it. They treat their people OK…don’t blow it.
- Have to work 4- days this week? Many companies, especially small ones, only give employees a single day off and if you want to take Friday, you need to burn a vacation day.
- Have to work Monday-Friday with Zero Off? One of two things is likely:
- A. You’re one of the ‘good guys.” Fire, police, medic, medical, military, intel, ICE agents, and more. You get the same social creds as the “week-off’ers” around here.
- You’re one of the ‘bad guys.’ Burglars, especially with big drug habits get to work as soon as they come down. Which means drug dealing is a no-time-off endeavor, too. Made more so because someone always wants your action and violence is a sure path to get it.
This may be a bit simplistic, but we ‘call’s ’em like we see’s ’em…’
Giddy: Up Market
Looking at the early futures, giddiness over paper is the thing to watch today. Early futures were up over 270 points and the rest of the world was doing well, too.
Thank Donald Trump for this morning’s run: He met with Kid Korea this weekend and became the first U.S. president to set foot in that ‘worker’s paradise.’ But there was more than that: Talk about the U.S. and China getting something done on trade is also driving this advance.
Predictably, Democrats slam Trump for meeting with Kim Jong Un. Which is a hoot: dem’s talk about wanting peace and when Trump meets with one of the major threats to peace, the lefties still aren’t happy. I wish they’d get their story (and values) straightened-out so they’d make a little more sense to people who don’t take Prozac or vape up before work.
We hold to that big oval on the calendar pop-up we’ve been talking about on our Peoplenomics.com subscriber side: Third and fourth weeks of August are generally annual market high country. After that, the downside looms, but that’s because with the ‘sunshine vitamin-D rush’ people tend to show off their irrationality along with their tans this time of year.
Except with Bitcoin
Which has continued to roll over after busting briefly to the upside.
The most useful site for playing BTC, in our modest opinion, is Bitcoincharts.com which does very good work.
If you look at the candle sticks, you can see (under the volume spike!) is what I call the “double doji” which is when you have a long run of bullish action and then you see back to back similar doji’s but the color changes. Bookmark ’em and see where this goes.
About here, heading for the door makes sense.
There are two ways to look at the BTC’s presently: One (bearish) was is to figure this is just the completion of the B wave. If you look at this view (4-year zoom) the right-side of the chart shows an Elliott 1 down from the All-time high, the 2 up (which we could be ending. If that’s the case, we could be on the cusp of a killer wave-3 down.
“Never gonna happen…BTC is going higher! No Bitcoins for you, Ure!”
I would have been out of Tulips in 1635, too, but to each their own.
The only way this could change is IF BTC went to new all-time highs. Then, sine the previous ATH was what, 18,000 something? Then it gets interesting.
Because if BTC is still in a bull market, the count would be Elliot 1 up to the previous all-time high. Then the 2 down and IF this is a 3 up, then a typical Elliott 3 is 1.5 to 1.8 (and often a Fibonacci 1.61803398875) times the first move., then yes, there’s a case for 29,000 (and maybe a bit over that).
But, we continue to see BTC as one of the riskiest bets out there. It’s all made up as mega-hype around the idea that computers can make up a “secret number”” and this somehow has value in the digital world.
The distinction between trading “secret numbers” or “tulips” is – from a psychological perspective – just a well-worn (Ecclesiastes ‘no new thing under the sun’) path to getting something for nothing.
I will tell you what’s an interesting thing to observe, though, if you want to look at it:
From our here in the ‘low mental noise interference zone’ it looks a lot like the rises and the “free lunch politicians” is highly correlated to Bitcoin. So, when we saw the circular firing squad formation of the democrats last week, it would have been a dandy time to sell Bitcoin since the social fever was (just momentarily) breaking.
Reading the headlines for ‘biggest free lunch’ stories and some good, old-fashioned common sense and technical analysis, seems a reasonable starting point to trading cryptos. Or tulips.
POI – DOI
(possibly of interest or definitely of interest)
Where do we sign up? Small marijuana firms could get SBA loans under proposed congressional bill. If you look closely, you will see ganj is still illegal under FedLaw and it’s yet-another example of how poor our leadership is when they can’t fix the national prohibition but now they want to fund it. I mean, WTF?
For those cognizant of history, the rhyme we are living out is a letter-perfect replay of the Great Depression lead-in. Though instead of drug it was booze. Same template, no question about it.
Russians Are Watching More TV and Reading Fewer Books, Poll Says. Given ’em a few more years and more social media and they will be as stupid as we are.
Management Notes: Thoughtful NY Times Business article: Could Ancient Greek Philosophy Help You Work Smarter and Better?.
What Are Your UrbanSurvival Options?
It’s pretty simple, really. You look at life as a stalker who’s out to kill you. Then act accordingly.
Take my son, for example: After a lot of time in emergency medicine as an EMT in Seattle (where he achieved some notoriety as ‘George-the-Uber-driver’ for his “ride menus”) he’s decided that small to mid-sized cities may actually be where America’s future lays. So now, he’s volunteer fire-fighting and EMT’ing near Wenatchee, WA. Looking for a medical-related position too, so he can get on with completing his advanced EMT/Paramedic cert. Also wants his Fireman 1 and 2…he’s doing the wildfire tactics now.
Point is (said dad quite proudly) George II has done his research: Get some feel for what’s out there in Life and then do what makes the most sense and you find enjoyable.
Accomplishment follows interest.
Semi-rural parts of any state have a much higher “survivability” factor than do cities. The term infers “staying in the fight with your Life stalkers” after an adverse encounter. More food and water resource after a few days to a week.
I was talking to someone (might have been a subscriber) over the weekend and they were telling me how their best approach UrbanSurvival was to move to the fringe of Urban. That way, they could ‘jump Urban’ when they had occasion (huge healthcare resources, for example) OR they could ‘jump Rural’ since Big City People (BCP’s) are so crazy and uptight. You can see it, in social media, if you can just read for “mood swings” and not get sucked into the ‘positions and causes’ they’re selling.
In a short period, your life will change as you see the psychological damage that excess communication and too much ’cause (and emotional) marketing’ as done has wrought on America.
As I am laying our in my next book (“The 100-year Toaster”) Climate wonks scream about the wrong things. They should be screaming about advertising and the lack of enduring quality in products set before us by the marketeer’s. But the Global Corps can’t abide that since that kind of thinking would kill ‘profits’ – which depend on selling us junk. So, we’re all on the gerbil wheel of life..
To make it plain in practice: Say something unwanted to someone in the city and you’re likely to get sued or have a bunch of SJW’s hounding your ass. Say the same unwelcome thing to a rural resident and not much happens. They will put you in personal shun list and ‘word gets around’ but without lawyers, monetizing it on Facebook as a new cause group, or making revenue with a viral video about how ‘wronged’ they were.
America’s city people don’t ‘suck it up’ and ‘deal’ with it anymore. Turned into victims with no appetite for excellence by socialist-trained educators.
Real Equality doesn’t mean everyone finishes the race the same. It just means there’s one starting line. That’s the extent of equality. After that? Work your ass off and pursue excellence. How hard can these concepts be? Well, to socialists, they’re not acceptable. And if they aren’t acceptable to you personally, maybe a brainwash check is in order. Core values mean something. Even in a Web Weakened World.
Notice how the web is failing to evolve consensus and build happiness? Easy answer and Joe Jones nailed it in 1960:
Hell of it is, the BCP’s take psycho-bending drugs and tell themselves (one-another) they’re alright…those rural people have it wrong! We differ on that, of course.
It’s a ‘slower pace’ out here; but be definitely more thoughtful. Rural people are more values based.
I think G II is making a good choice…but his path through like is exclusively his, though parents would like to dump some MaxiGrow and MaxiBloom fertilizer on their children once in a while so we can enjoy the whole IRL movies seeded by our loins…
Holidays – like this week’s – offer a chance to sit back and reflect on personal strategic plans: “Am I happier and healthier than I was a year ago?” Take a few days off to think about it and make adjustments as needed to your plans. It’s the best investment of time you can make, next to falling (and being) in love with someone who won’t screw you over.
Write when you get rich,