C2, I shorted another $20 million of SKF at $26 early today, but the fun has gone out of it now that Zim the Amazing is no longer here. TJ probably missed my trades so like a tree growing or being flattened in a Tunguska blast, or one hand clapping, or a Shroedinger cat alive in a box, if nobody notices, it's a bit pointless. So that will be my last trade [on SKF] other than covering the shorts at some stage under $100, or maybe $80.
Also, I've sold the Citation because I find it easier, faster, more pleasant, and more fun to travel first class on regular airliners.
Did you notice the umpty$billion China 3G development planned for China? I doubt it will be TD-SCDMA though the article didn't say.
My grandfather was instrumental in getting the oil industry going in Dalian/Shanghai before the carnage from WWI in Europe, Japan's invasion and Mao's maelstrom. TJ's grandfather was instrumental in getting Britain kicked out, which helped create a vacuum for Japan to fill, which they did, before the USA booted them out.
A century later, take two. Let's hope China does better this century than last century. Their trend is good in many respects, economic development [capitalist black and white cats with 1000s of them blooming] though worrying in others [lack of personal freedom and fascism].
They have the nearest thing on Earth to my dream machine = the super duper floaty train from Shanghai's airport to Shanghai. youtube.com A funny video worth watching for the guy saluting, the stirring music, superficial characters etc - kind of like a digital Olympic Games. But you do see the train.
Imagine that thing on superconductor levitation and autopilot heading from Tokyo via Beijing to Marseille and London maybe via Moscow. Preferably in a partial vacuum tube, with photovoltaic panels on top of the tube to provide the electricity.
Then imagine single or two passenger units zipping around cities at high speed. No drivers of course - all done photo/electronically with QCOM SnapTrack etc. No traffic lights or congestion.
Unfortunately, in NZ, "progressive" thinking is to force people out of cars onto 19th century railways with big train stations and mass transport, which is the opposite of what's needed.
Mqurice |
