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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 427.13-4.0%Feb 2 4:00 PM EST
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To: TobagoJack who wrote (160217)7/16/2020 3:18:30 PM
From: carranza21 Recommendation

Recommended By
pak73

  Read Replies (6) of 219977
 
I set some tight stops on TSLA as I believe that Chinese flooding may well affect its path going forward, at least in the short term. Sold some DRD to lock in profit. I think it will be somewhat static in the short term, but intend to re-arm as deemed necessary.

I really don't like what I have been able to discern about the flooding. Don't believe that the 3G dam will fail, but it will send enormous amount of water downstream, causing even more severe damage, dislocation. This makes Katrina look like tiddlywinks. A huge humanitarian issue

The flooding appears to be far worse than in 2010.

It was a very badly planned endeavor. Rather than first dam the four rivers that principally flow into it so as to create a series of dams to control the Yangtze, only one of the rivers was serially dammed in this fashion.

It appears that the powers-that-be decided to go all heroic and build one big monster dam without much thought to its inability to control flooding, which was purportedly one of its goals.

I hope it holds, and it should. But the floods will continue and get much worse. A disaster. Many millions affected, a pity.
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