Tag: 南京夜网

Kejriwal hard-sells Delhi work to Haryana voters

first_imgAam Aadmi Party national convenor and Delhi Chief Minister Arvind Kejriwal on Thursday hit out at successive governments in Haryana, saying that even after 52 years of inception of the State, the people are deprived of basic amenities as most of the roads, schools and hospitals are all in a pitiable condition.“In Haryana people are now looking forward to the Aam Aadmi Party being in government as they are fed up of all other political parties. All parties — be it the Congress, Indian National Lok Dal or the BJP — have let down the people of Haryana,” he said at a press conference here.Mr. Kejriwal said people in Haryana have seen the work of the AAP in Delhi and are optimistic that when voted to power it will work for their betterment. “We will go to the people of Haryana with our achievements in Delhi in the field of schools, hospitals, electricity, water, employment and issues pertaining to farmers and soldiers,” he added.Mohalla Clinic“I invite Haryana Chief Minister Manohar Lal Khattar to visit a Mohalla Clinic of his choice in Delhi. I’ll be there on the border to receive him whenever he decided to come,” said Mr. Kejriwal.The Delhi CM said that while the Congress in Haryana is ridden by factionalism, the INLD is down with family infighting and the ruling BJP has failed to perform.last_img read more

FIFA World Cup 2014: Will the Real Messi Stand Up?

first_imgAlexander Netherton: The writer is a freelance football journalist who has contributed for ESPN, Huffington Post and Bleacher Report, among othersLionel Messi is an enigma. Not because of what he says and does on the pitch, but because we don’t know what he says and does off it. England striker,Alexander Netherton: The writer is a freelance football journalist who has contributed for ESPN, Huffington Post and Bleacher Report, among othersLionel Messi is an enigma. Not because of what he says and does on the pitch, but because we don’t know what he says and does off it. England striker Wayne Rooney has given interviews describing the thought process of scoring a goal. Swedish powerhouse Zlatan Ibrahimovic tells us he is his own biggest fan. Portugal’s talisman Cristiano Ronaldo proves something similar. We are rarely in doubt over these players-they embrace the attention. The Argentine Messi plays as if he invented the game, with a talent that appears genetic, but he seems content to leave it at that: The best player since Diego Maradona.Maradona was Argentina’s last World Cup superstar, winning it in Mexico 1986. He is feted as a hero of the country, a product of its poorest communities. He is loved; Messi is not. Similar to Maradona in many ways-in his supernatural ability and balance-Messi is removed from Argentina, sentimentally and physically. If, however, he wins the World Cup this summer, that would surely change.Argentina themselves face a relatively simple start to the tournament, with a fortunate draw in their qualifying group. Pitted against Iran, Bosnia-Herzegovina and Nigeria in Group F, the squad has an abundance of attacking talent, with Sergio Aguero, Ezequiel Lavezzi, Angel di Maria and Gonzalo Higuain. However, it has a weak defence. Argentina can test the abilities of any of the defences at the World Cup, but Messi and his attacking teammates may not be able to do enough to prevent defeat. Sergio Romero, the goalkeeper, loaned to Monaco last season, rarely played for them, and defender Martin Demichelis is a figure of fun because of his propensity to look like a figure of fun. With the exception of Ezequiel Garay, the defence is lacking. They are still favourites to top their group, but it would be a surprise if their defence copes against the best sides.advertisementDespite this, after years of underperforming, and of a lack of talent in key positions, this might be the best chance of success that Argentina have had in some years-all of which puts immense pressure on Messi. Having moved to Barcelona aged 13-the club offered to pay for essential Human Growth Hormone treatment as he stopped growing as a child-Messi still has the accent of his hometown, Rosario. He retains an interest in Argentine cuisine, and has not culturally assimilated in Spain. He made his name in Spain, with La Liga and Champions League success, but is not thought of as Catalan or Spanish. Similarly, in Argentina, he is regarded as something of an ‘other’. Lionel MessiHis footballing identity is clear, and this may be why he stands apart from his national teammates. Schooled at La Masia, the famous training ground at Barcelona where players are indoctrinated with the side’s approach of short passes and technical excellence, he is entirely a Barcelona player. It was here that the man who oversaw Messi’s greatest period of success, Pep Guardiola, established himself as one of the most impressive modern coaches. When he took over the first team, he won both the Champions League and La Liga in his first season. Plenty more followed. His blueprint was to use a core of players schooled at La Masia who followed the idea of tiki taka-retaining the ball with relentless short passes, one of the most mentally exhausting approaches to use, and physically exhausting to face. They were Xavi Hernandez, Andres Iniesta, Pedro Rodreguez and Sergio Busquets, besides Messi.All excellent players, but indisputably the greatest was Messi. He scored goals of all kinds, goals of rare beauty that, with his consistently excellent form, he made common. Spain took these Barca players and used their modus operandi of constant possession to win the World Cup and consecutive European Championships.Not Quite Argentine Enough?In Argentina it is different. Argentina play their own way: More direct and less sophisticated. It’s a style that other players might be more accustomed to, but Messi is less effective when he is not with those who play the game at its peak. At Barcelona, as he broke into the first team, he was brought under the wing of the Brazilian aesthetes who recognised just how special he was. At Argentina, there has been no concerted effort to bring him into the fold, nor is there any indication that he seems to want to be part of the family. There is really only one example of emotion for the national team, when he was sent off on his debut and burst into tears-but that could simply be personal disappointment rather than patriotism.advertisementMessi (left) takes a free kick for Barcelona against Atletico Madrid during their 2014 Champions League quarter-final first leg match at camp nouIt is also different because of the 365 goals he has scored for Barcelona, a majority of them having been imbued with a meaning, coming in seasons that ended in success. For Argentina, he has scored 37 in 83 games, but all of them are simply goals that didn’t win a trophy. Some might point out that he won the Olympics in 2008, but it is not seen with any affection by players or fans. Simply put, until he wins something for Argentina, he will not mean anything to Argentina. In his hometown even, there is little evidence they are proud to have produced him, perhaps because there is a feeling that with his experience at Barcelona, he is not really theirs anymore.Argentina treats other players with the reverence Messi is not afforded. The nation focuses on players who play a position that is a national tradition: The enganche or hook. Through this position, the enganche is the playmaker who starts the attacks, and if he performs as he should, appears languid, sophisticated and elegant. He will not need a burst of pace, and he will not score countless goals. The most recent players of this kind are Juan Roman Riquelme, who left Barcelona before Messi established himself and was a relative failure there, and Juan Sebastian Veron, who retired this season with Estudiantes, finally and for the second time, at the club where he had started his career.These two players were divisive figures in a way that Messi is not. Everybody knows that Messi is the best player Argentina has, and its best since Maradona. Yet, there is nobody to passionately take up the cause of Messi because there is nobody who could rationally take up the case against him. He has been consistently the best player in Europe in recent years, and therefore the best in the world. Riquelme and Veron, however, are anachronistic characters on the field. They played the game at a tempo slow enough to be outmoded, so there is a romance to using the position, even as the rest of the world tried to leave them behind, only to be brought to its knees by occasionally devastating passes and beauty. The fleeting nature of their genius is somehow more romantic than Messi’s ability to be brilliant in almost every match. They are inherently Argentine in the way they play, Messi is inherently Messi.Messi is the product of modern football teamed with a genius that allows him at once to define it and at the same time rise above it. He is a recipient of modern medical science. While his use of Human Growth Hormone is unusual, it is part of a newly technological treatment of injuries and development of fitness that has created superhuman footballers. Players now can feature in up to 70 games a season, at full throttle. They can recover from serious knee injuries in six months that as recently as the 1990s would have ended careers. They run at incredible speeds, staying upright while being buffeted by other players. Messi, famous for his balance and indeed a rare reticence to fall under such challenges, is the best example of this strength, except perhaps for his rival, Cristiano Ronaldo. Ronaldo’s presence and brashness highlights what Messi is not. It is through the Portuguese player that we often try to understand Messi, noting the differences.advertisementOther ‘Best Players In The World’Ronaldo, the other Best Player In The World Today, is vain. He strips to the waist upon scoring a goal in the Champions League final to make sure the cameras get his best feature. There were endless rumours that he was desperate to overhaul Messi as the best. Ronaldo doesn’t want to be the best he can be, as much as he wants to be better than everyone else. Because of his own quiet approach in comparison, Messi often appeared humble and modest. Recent contract negotiations that made him the best paid player in the world, and also charges of tax evasion, hint that this could be merely a superficial assumption.Messi with Barcelona team mates Xavi (Centre) and Iniesta (left)Another player comparison also contrasts with Messi, and shows why he is not adored at home yet. His new Barcelona teammate, Neymar, is just 22, and has a close relationship with Brazil. He stayed in Brazil for his formative years, so the national hype started at a young age. Success in the domestic league drew interest from across the country on a weekly basis, and the lower quality of play in Brazil made Neymar’s talents look even better by contrast. Neymar’s embrace of a jaunty image of extravagant haircuts and commercial prominence raised his profile in Brazil unmatched by Messi’s in Argentina. Messi is not known for his nightlife, but Neymar is seen having fun. In some ways, Argentina can’t fall in love with Messi because he gives them nothing to fall in love with.After a disappointing season, the World Cup is Messi’s last chance before he gets back on the treadmill for Barcelona. This year, he scored 41 goals, his lowest haul since 2008-9. A World Cup would take away this pain, but it would mean more than that. A World Cup win would mean that he would have an identity in his home country. It would mean finally moving on from the period of Barcelona dominance defined by Guardiola, who left in 2012. It would possibly even remove any doubt in the discussion between who really is best, Ronaldo or Messi. But as to what it would actually mean to him, rather than to all of us who speculate, it’s almost impossible to say.The writer is a freelance football journalist who has contributed for ESPN, Huffington Post and Bleacher Report, among others. To read more, get your copy of India Today here.last_img read more

Sourabh Verma wins gold in Russia Open Tour Super 100 tournament

first_imgIndia’s Sourabh Verma made a sensational comeback against Japan’s Koki Watanabe to win the top prize at the Russia Open Tour Super 100 tournament in Vladivostock on Sunday.Sourabh Verma was a game down but came back strongly to defeat Watanabe in the final en route to claiming his his first title of the season, and second major title of his career.Sourabh Verma is on a comeback trail after recovering from injuries and took down world No. 119 Watanabe 19-21 21-12 21-17 in exactly an hour at the Sport Hall Olympic.Sourabh was left to do the catch up act in the opening game as Watanabe slowly and steadily distanced himself after opening up an initial slender lead of 2-0. The Japanese entered the first interval with a healthy 11-5 advantage.The Indian led a fightback to narrow the gap to 11-12 but Watanabe again jumped to a 18-13 lead. Sourabh reeled off five straight points to draw parity but the Japanese managed to move ahead and pocket the opening game.Sourabh’s dream run continues!BAI congratulates the #AsianGames2018 bound shuttler, @sourabhverma09 on his Gold Medal win in Russia. He won the Russian Open 2018 Men Singles title defeating Koki Watanabe of Japan 18-21, 21-12, 21-17. #IndiaontheRise pic.twitter.com/JVJa2WFzFIBAI Media (@BAI_Media) July 29, 2018In the second game, Sourabh cut down his errors and surged to 7-3 lead and held an 11-6 advantage at the break. After the breather, he continued to march ahead and eventually roared back into contest comfortably.advertisementIn the decider, Watanabe zoomed to a 9-3 lead early on and held an 11-7 advantage at the interval. However, a gritty Sourabh slowly erased the deficit and clawed back at 15-15.The Japanese tried to break away but Sourabh ensured there were no hiccups as he reeled off four straight points at 17-17 to shut the door on his rival.Sourabh had won the All India senior ranking tournament in Bangalore to make the cut for the Asian Games squad. He had clinched the Chinese Taipei Grand Pri Gold and finished runners-up at the Bitburger Open in 2016.Also, second-seeded Indian mixed doubles pair of Rohan Kapoor and Kuhoo Garg, however, suffered a 19-21 17-21 loss to Russia’s Vladimir Ivanov and Min Kyung Kim of Korea in the finals to settle for a runners-up finish(With inputs from PTI)last_img read more

SOUTH AFRICAN WEB-SITE LAUNCHED IN LEAD-UP TO WORLD CUP

first_imgThe South African Touch Association has launched their brand new web-site in the lead-up to the Federation of International Touch World Cup to be played in Stellenbosch South Africa 17-21 January 2007.Stories and information centreing on the World Cup, as well as all the news and views from the state of play of Touch Football in South Africa will be updated regularly.Check the site out for yourself by going to:  www.sata.co.zalast_img

Kirk Herbstreit Highlights Ohio State’s Strengths This Season

first_imgKirk Herbstreit talking on ESPN.Kirk Herbstreit remains bullish on Ohio State’s football team heading into the season.The ESPN college football analyst did a Q&A with his followers on Twitter late Wednesday night.One person asked Herbstreit, who played quarterback for the Buckeyes, to highlight OSU’s strengths heading into the fall.@KirkHerbstreit What is going to be Ohio State strength this year. I know we are young but lots of talent. Go Bucks— Chris Lawson (@Law_Dog_osu) August 4, 2016His answer: quarterback play, athleticism and, most importantly, having a team that is “motivated” and “hungry.” Being incredibly athletic, QB is special, and most importantly back to having a team MOTIVATED and HUNGRY https://t.co/b58vCXnU9H— Kirk Herbstreit (@KirkHerbstreit) August 4, 2016Ohio State opens its fall camp on Sunday.The Buckeyes open their regular season on Sept. 3 against Bowling Green at Ohio Stadium in Columbus.last_img read more

Mens Basketball Ohio State looking to prove everyone wrong in Holtmanns inaugural

Ohio State freshman forward Kyle Young (25), freshman forward Kaleb Wesson (34) and junior guard C.J. Jackson (3) defend Wooster forward Alex Baptiste on his drive to the net in an exhibition game on Nov. 5, 2017 at the Schottenstein Center. Credit: Jacob Myers | Managing Editor for ContentPages of predictions for Ohio State’s season line the walls of assistant coach Ryan Pedon’s office. Those pages outline another rough campaign looming for the Buckeyes in Chris Holtmann’s first season at the helm despite the new coaching staff and trio of talented freshmen — four-star forwards Kaleb Wesson and Kyle Young and three-star forward Musa Jallow — joining Ohio State. The shake-ups are not enough to make people forget the worst season under former head coach Thad Matta, in which the Buckeyes finished 17-15 (7-11 Big Ten). “I think you only have to open a college basketball preseason magazine and read where we’re picked. 12, 13, 14, 11 [in the Big Ten],” Holtmann told The Lantern in October. “It’s all over, but it’s near the bottom.”Rather than ignore the predictions of a down year for Ohio State, the players and coaches are embracing the underdog mentality. “I think it’s hard to not be aware of [the predictions],” sophomore center Micah Potter said Wednesday. “But at the same time, you know we use it a little bit as motivation. Coach brings that up a little bit saying, ‘Hey, look guys. You know these teams are saying this is the time to get Ohio State.’ And this just kind of adds fuel to the fire.”But are the predictions wrong? Will the Buckeyes really surprise people and have a standout season?Perhaps they will. Perhaps won’t. Holtmann admitted Wednesday that the Buckeyes are “in the process of rebuilding our roster.”Ohio State has plenty of depth at forward with redshirt junior Keita Bates-Diop and senior Jae’Sean Tate returning to the Buckeyes’ starting lineup. In the Buckeyes’ exhibition game, the pair combined for 27 points and went 9-for-15 from the field. After missing the majority of last season with a stress fracture in his left leg, Bates-Diop shook off the rest and led the team with 17 points and nine rebounds. Returning for a healthy 2017-18 season, after receiving a medical redshirt, he could help provide the Buckeyes with a steady presence in the post while he mans the power forward position.Tate, the team’s leading scorer from a season ago, should once again be expected to be one of the Buckeyes’ offensive leaders. Holtmann and his staff will likely lean heavily on those two players. The Buckeyes will enter the season as a young, inexperienced team that lost three of its top four scorers from last season. Knowing that, Holtmann told The Lantern that Tate and Bates-Diop are the only known starters heading into the season.“After that, I’m still trying to figure out where to go from there,” Holtmann said. “I think we have multiple guys that can play and I think we’ll have a fairly fluid starting lineup throughout the year. That happens when you have eight to 10 guys that can potentially all start a game for you, or you have an injury or two.”Tate in particular could be relied upon more heavily than most other players due to the team’s lack of depth at point guard. The only natural point guard on the roster is junior C.J. Jackson, and the remainder of the guards on scholarship are shooting guards. Holtmann said Tate was a player who could be asked to provide Ohio State with another option at the one. Graduate transfer Andrew Dakich was another player listed as someone who will be asked to man the point for the Buckeyes. Jackson did not have a strong showing in the exhibition game against Wooster. He finished 1-for-11 — 0-for-6 from 3-point range — and only had four assists. Holtmann said Jackson has good feel for the position and will enter the year as the likely starter at the position, but that he will need to work on keeping his emotions in check during the game.Guard is the thinnest position for Ohio State, but the rest of the team’s depth will come down to how well the trio of exciting freshmen perform. Freshmen Kaleb Wesson, Kyle Young and Musa Jallow will all be counted on to play meaningful minutes for the Buckeyes, Holtmann said, even if they might not initially be counted on as starters. Young and Jallow will both provide the Buckeyes with versatile players capable of playing at both the forward and guard positions, though both are more natural forwards.Wesson, on the other hand, could quickly emerge as a candidate for starting minutes. The highest-rated commit in Ohio State’s 2017 class is a natural scorer and will compete with Potter at the center position. Against Wooster, Wesson was one of the more electrifying players for Ohio State, posting 16 points (5-for-8 from the field) and seven rebounds. Though he provided the Buckeyes with a glimpse of the bright future that could be in store for the freshman forward, he also demonstrated some struggles defensively and fouled out.There are several question marks pertaining to depth and expected performance. The uncertainty surrounding the team does not bode well for a team hoping to surprise some people. With a tough schedule facing No. 9 North Carolina, No. 18 Gonzaga and potentially No. 8 Florida, this young team could struggle against a lineup of high-quality opponents.With a promising young group of players and some returning core players from last year, Ohio State seems to be in a position to finish with a better record than last season, but an NIT appearance is more likely than a surprise NCAA Tournament bid.Having waited since June to see what the team will look like in the start of the Holtmann era, the Buckeyes are eager to get their first chance to show if they can prove any of the early predictions wrong and put together a strong season at 7 p.m. Friday at the Schottenstein Center. “Obviously there’s a lot of anticipation for this game. The new staff and pretty much new team,” Potter said. “It was good to be able to get out there and play hard and just see where we are. Obviously, Wooster is not the level of competition we’re going to be playing moving forward. But it was good to see us gel a little bit and see us make the little mistakes that we can fix very easily.” read more

Mens Hockey No 4 Ohio State ties 22 with No 15 Bowling

Then-junior forward Freddy Gerard celebrates as Mason Jobst scores an empty net goal during the third period of Ohio State’s 5-1 victory over Denver in the NCAA Tournament. Credit: Nick Hudak | For The LanternThe No. 4 Ohio State men’s hockey team skated to a 2-2 tie with No. 15 Bowling Green after dropping its first game to the Falcons on Friday night.Looking to get off to a better start than they did the night before, allowing eight goals and allowing the Falcons to convert on four of eight power play opportunities, the Buckeyes scored just six minutes into the game with a goal from junior forward Carson Meyer, his fourth of the season, with assists from senior defenseman Sasha Larocque and senior forward Freddy Gerard.After Meyer’s goal, Ohio State (3-2-1) retained the 1-0 lead until Bowling Green (5-1-1) junior forward Lukas Craggs tied the game up less than two minutes into the third period. The Falcons then scored on a power play with just under five minutes remaining to take the 2-1 lead, their first of the game.Though the penalties were still an issue for the Buckeyes, giving up five in regulation and one in overtime, the penalty kill for Ohio State allowed one power play goal on the six opportunities they gave the Falcons.After giving up the lead, Gerard scored for the Buckeyes with less than three minutes remaining in regulation. He was assisted on the goal by Meyer and senior forward Mason Jobst. This was Gerard’s second goal of the season and both he and Meyer’s second points of the game. The game remained tied as regulation came to an end. In overtime, neither team was able to score to finalize the 2-2 tie. Each team had three shots in overtime and overall Bowling Green outshot Ohio State 30-25.Offensively, the Buckeyes didn’t convert any of their four power play attempts during the game. Through their first six games, Ohio State has only scored on four of its 30 power plays. The .133 success rate is No. 47 in the nation.Sophomore goaltender Tommy Nappier allowed two goals on 30 shots, both of which came in the third period. No. 4 Ohio State will stay on the road next weekend against No. 1 Notre Dame, with the puck dropping at 7:30 p.m. on Friday and Saturday. read more

Milanbased technology provider MainStreaming has

first_imgMilan-based technology provider MainStreaming has announced it has secured €5.5 million in a new round of funding, bringing its total raised to over €9.5 million.This round was led by Indaco Venture Partners SGR, together with Sony Innovation Fund and existing investor, United Ventures. MainStreaming will use the funds to enhance its position in its two core markets, broadcast and online gaming, and enable its customers to meet the ever-growing demand for streaming and seamless gaming interactivity over the internet. The company says that its proprietary technology enables broadcasters to stream live and on-demand and compete with major providers, such as Netflix, Amazon Prime Video, and Hulu. MainStreaming’s solution has already been deployed with broadcasters, including Sky Italia, which uses the service to stream premium live, linear and on-demand content.Indaco Venture Partners the lead investor in this funding round, says that it aims to help MainStreaming focus its efforts on expanding in international markets.Alvise Bonivento, co-founder and Investment director of Indaco Venture Partners said, “We are excited by the technology and the team at MainStreaming. Our goal is to provide the tools it needs to compete at an international level, leading the disruption and digital transformation of traditional markets.”Sony’s participation through its venture capital arm in this funding round, represents its first investment in an Italian company.”We’re excited to join the MainStreaming family, and we have great confidence in the MainStreaming team and technology,” said Gen Tsuchikawa, chief investment officer of Sony Innovation Fund. “It was the obvious choice in a world where consumer expectations around video quality and interactivity are of critical importance.”“The online video industry is facing increasing pressure from customers, with broadcasters and online gaming providers facing particular challenges to ensure a consistent, high quality of service, particularly in live environments,” said Antonio Corrado, CEO of MainStreaming. “With our technology specifically built for today’s streaming environment, MainStreaming is perfectly situated to offer broadcasters and online gaming providers the tools to deliver the highest quality of experience to their customers around the world. This latest investment will enable us to reinforce our position in the market and expand our reach across two priority regions, Europe and the United States”.last_img read more

Not only do the cultural elite make it almost impo

first_img Not only do the cultural elite make it almost impossible for you to give, but they insult you for it. Then, of course, they spend the money they skimmed from you on armies of government employees, who deliver a small fraction of your money to the poor. Your great-grandparents were proud to help their friends and neighbors. They felt good about themselves, they felt compassion for others, and they were proud to make the world a better place. Being robbed of this heritage was far worse than the loss of surplus. So, the question of why money is so hard to save has been answered. Now if only the steps from here were so simple. Paul Rosenberg FreemansPerspective.com Featured image courtesy of Joyous!, wikipedia.org Thrift is far more important than is commonly understood, and I will be explaining why in a future dispatch, but first we need to dispel the guilt many of us feel about the topic. There is actually a very good reason why it’s so hard to save money nowadays. I think most of my readers will recognize the feeling I’m referring to: You read great books on success, such as The Richest Man in Babylon, you understand that saving at least 10% of your paycheck is necessary for success and you go out to do it… but obstacles keep getting in your way. And then you feel bad. You feel that you have failed. You really don’t want to think about thrift any more. I’m here to tell you that you were far too hard on yourself. It wasn’t your fault. (Okay, if you were out knocking back brews at a bar four times every week, that was your fault, but I don’t think many readers fall into that category.) Thrift has been systematically strangled over the past century; it is now just barely possible. You’ve been blaming yourself for the sins of others. And remember, most of those success books were written before thrift was dead. The Simple Reason it’s so Hard to Save Money in Today’s World… When analyzing the economics of civilizations, the big question is this: Where does the surplus go? In Greece, for example, surplus was generated by the labor of slaves, and went to the citizen (property owner), who tended to be a very good judge of where and how to use it best. In Western civilization, surplus was generally left in the hands of the person who earned it, who also tended to be a good judge of how best to use it. Through the past hundred years of a declining Western civilization, the movement of surplus was radically transformed… it was skimmed away, in thicker and thicker layers, to growing governments in capital cities. The result of this is the current situation: Essentially all surplus is skimmed away from the producer. This is accomplished with direct taxes, such as income taxes, as well as with the hidden tax of inflation, real estate taxes, sales taxes, and dozens of others. (On your phone bill, electric bill, gasoline, liquor, etc.) In other words, it’s so hard to save money because the government takes so much of it away. We are so used to this situation that we fail to remember that it was not always so. And that is why we feel guilty about not being able to save money. And we shouldn’t – a large army of state employees work every day to remove our surplus from our hands. Aside from acting especially stupidly, it really isn’t our fault. How it was in 1890 If you’re like most of us, you had great-grandparents who worked hard, saved their money, and improved their situation in life. It was normal to do so in the later 19th Century, even until the first World War. Great-grandfather got ahead; you work just as hard, but you don’t make much progress. And there is good reason for this: When Great-gramps worked hard, he kept the money. In Grandpa’s day there was no income tax and no sales tax. (The government survived anyway.) There was no social security tax either, and – believe it or not – the streets were never full of starving old people. Families were able to take care of their own. We have forgotten that it was once possible for an average person to accumulate money. Mechanics, carpenters, shop owners and people like them filled their bank accounts with gold and silver. It was common for people like bakers and carriage builders to make serious business loans and to retire comfortably, living off of their investments. Making a Fortune In those days before mass-taxation and fiat currency, young men would go out to make their fortune. (“Fortune” didn’t mean multiple-billions, it meant enough capital for the rest of your life.) Young men would go to where money was being made, work hard, cooperate with similar young men, learn everything they could from the older men, save, invest, learn how to succeed, then return home as a prosperous adult. Not every young man went out to build a fortune, and some certainly failed, but these activities were not punished at the time – which made them much easier than they are today. Gathering a fortune was common enough that it was built into the mating strategy of the time. Many women would agree to marriage only after the young man had “made something of himself.” This mating strategy was legislated out of existence, which is too bad, because it was generally a far healthier strategy than what developed in its wake. Here is a graph depicting the difference between you and your great-grandfather: The top line shows how many years of living expenses your great-grandfather would have accumulated as a hard-working young man. The bottom line shows what you can save. After working for five years, Great-gramps had seven years of living expenses in the bank. Doing the same things, you’d have less than two. In the modern world, everyone’s fortune is taxed away as it is being formed, and what is saved is eroded by the creation of currency. Very few of us ever get beyond ‘escape velocity’ to accumulate money. In other words, we work all our lives, just to stay more or less even. With surplus removed from individuals, all investment capital is forced through institutions. Money is not saved, it is obtained from banks. Finance has been centralized and removed from the hands of individuals. In the 19th Century, productive people made loans; in the 20th Century, their children shuffled into banks and begged for loans. Grandpa wasn’t really better than you. The Worst Part And the worst part of this was mass demoralization: People began to feel morally weak, which generally happened in the name of compassion. Here’s how the trick worked: Your money is taken from you before it can accumulate, leaving you with barely enough to live a reasonable life.center_img You have nothing left to help those who suffer unjustly; not because you don’t work, but because your surplus is continuously skimmed away. Politicians imply that you are a bad person for not wanting to help the poor.last_img read more

Recommended Link

first_imgRecommended Link — Over on the chart, things have calmed down. The line on the chart is headed sideways, with little action in either direction. There’s less volatility.But in the background, energy is building. Those socks had to be going somewhere… and it wasn’t the hamper.Remember, human emotions don’t change. They’re remarkably consistent. But emotions do evolve, and sometimes it takes a bigger catalyst to elicit the same response.That catalyst was provided when my wife was vacuuming one day and moved the sofa in order to vacuum the carpet beneath it. She found about a dozen pairs of my dirty socks tucked beneath the couch.Boom!You can guess what happened next on the chart…Here’s my point…Profiting in a Crazy MarketLike the charts above, a short-term stock chart is simply the emotional representation of traders and investors reacting to the stock.If we can spot previous patterns on the chart that look similar to how that chart looks today, then we can see how those previous patterns played out and then trade the stock in anticipation of a similar reaction.A lot of my trading strategy revolves around finding emotionally overbought/oversold conditions that are ready to reverse. Technical analysis helps me identify conditions where investors’ emotions have gotten extreme, and then I can see how stocks have reacted to similar conditions in the past.This is exactly what traders should be doing in 2019. In the volatile market we’re seeing today, any extreme condition is likely to reverse. Likewise, any overly calm condition is likely to explode with energy in due time.And here’s why: Periods of low volatility are always followed by periods of high volatility – and vice versa.Consider this… In 2017, stocks just kept marching higher. Overbought conditions just got more overbought. There was nothing for traders to do. No volatility.At the beginning of 2018, the stock market had just come off the least volatile period of the entire bull market. Investors who figured stocks would go up forever were greeted with massive drops in February, October, and December.And here’s the thing… I think we’re in for an even crazier year in 2019.Most long-term investors won’t know what to do. But this is exactly the environment where guys like me (traders) can thrive.Like I told my subscribers last week, investors should take their gain for the year and sit this one out. It’s probably the best way to keep your portfolio intact.But for traders who pay attention to technical analysis, there are opportunities to profit … every single trading day… no matter what the market does.Best regards and good trading, Click here to learn more Stock charts tell me how traders/investors are responding emotionally at any given point in time. Human emotions are remarkably consistent. We tend to respond the same way, over and over again, to the same circumstances.So if I can go back into a chart, find a time where the conditions were similar to where they are today, and note how the chart behaved afterwards… it can provide strong clues for what to expect in the future.But technical analysis is emotional. It evolves over time. Conditions that used to provide a catalyst for a big move may need to get more extreme to cause a similar movement the next time.Think about it this way…Charting EmotionsWhen I first got married, I’d often come home from work, take off my socks, and drop them on the floor next to the couch in the living room. My wife would come home, see my socks on the floor, and get all ticked off about it. In other words, she’d have an emotional reaction to her husband leaving his socks in the middle of the living room floor. This happened over and over again.Now, think of how this reaction looks on a typical stock chart…It starts with a line trending sideways – my wife’s emotions before she knew all about my sock habit. You can see the line climb as my wife got more and more frustrated…Eventually though, my wife got a little better about dealing with her slob of a husband, and I got a little better about not leaving my socks next to the couch. Leaving my socks on the floor no longer elicited the same reaction from my wife.She still had the same emotions. But she had adapted. She had evolved. She suppressed her emotions and would need a bigger catalyst before getting upset with me again… Recommended Link You could lose everything this year…in the worst market crash since 2008Stocks could fall by 50% in a matter of weeks, with no warning. No announcement from the Fed, your brokerage firm, or anyone else. It’ll be devastating for most investors. But if you can see the crash coming early enough – and know what to do – you could make $1,000s, over and over again, as it all transpires.center_img Why is The Media Not Reporting On This $4 Billion Stock Market Flood?This surprising stock market prediction could be the biggest opportunity of our lifetime. Three very specific companies could collect more than $4 billion in 24 hours. It’s being called the Greatest Day in Stock Market History and it happens on Feb. 4, 2019. Get the full details here — Justin’s note: No matter where I am in the world, at Casey Daily Dispatch, my job is to find you the best ways to make money – in whatever market environment we’re in.And right now, as I’ve been showing you, volatility reigns.That’s why today, we turn again to master trader Jeff Clark, who says it’s times like these where we can make the biggest gains.Below, Jeff gives us an exclusive peek at his strategy… and shows us why now is the perfect time to use it… By Jeff Clark, editor, Delta ReportToday, I’ll show you what will be the most profitable investing strategy of 2019.You might be skeptical. You might wave it off as “reading tea leaves.”But if you use this strategy, you’ll be able to double your money over and over – while most other investors rip their hair out.I’m talking about technical analysis.Now, when you hear “technical analysis,” you might picture day traders drawing triangles on chart screens. The charts probably look more complex than anything you’ve seen before.It might seem “scientific”… Even a little bit intimidating.But really, technical analysis is much more of an art than a science… That is, if you try to force it to conform to strict rules and formulas, it’s likely to be wrong almost every time.Try thinking of it the way I do… A short-term chart of a stock (or index) is simply an emotional picture of the stock at a specific moment in time. Jeff Clark Editor, Delta ReportP.S. No matter how bad the market gets, know this: You don’t have to be a victim.A lot of folks lost everything in 2008. It was one of the biggest stock market crashes in modern history.But there’s something you likely didn’t know about 2008. A certain group of people made out like bandits…I just released a brand new presentation where I show you where the stock market is headed this year… and reveal the methods that doubled my subscribers’ money, over and over again, even on the ugliest days of the 2008 bear market.Get in on the full story by going here.Reader MailbagDo you plan to sit on the sidelines in 2019? Or will you take advantage of the environment where traders thrive? Let us know at feedback@caseyresearch.com.last_img read more