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Bronco Capital's ABCD Harmonic Pattern Journal 94 replies

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The Bucking Bronco

  • #4,861
  • Apr 22, 2020 1:56am Apr 22, 2020 1:56am
Quoting karuner
{quote} as i am a philosopher by profession, that goes together perfectly well. Now Hobbes and Rousseau are two authors i know well and i am convinced they would have to say only the worst about our times and our political system.
Agree completely! Thanks for the big smile.
  • #4,862
  • Apr 22, 2020 2:02am Apr 22, 2020 2:02am
Banked some at 354 just to pay the trade.
This thing could go up to the highs... better to be cautious. Very nimble.
377 is under test. We'll see.
  • #4,863
  • Apr 22, 2020 2:06am Apr 22, 2020 2:06am
Quoting karuner
... as i am a philosopher by profession, ...
That is really intriguing.
  • #4,864
  • Apr 22, 2020 2:07am Apr 22, 2020 2:07am
Quick attack down... 25 point full force! In and out.
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  • #4,865
  • Apr 22, 2020 2:15am Apr 22, 2020 2:15am
Quoting Jupiter
{quote} That is really intriguing.
any discussion about these topics always a pleasure for me. and i really like Platon, Kant, Nietzsche, also Descartes and everything classic.
But i think anyone who in our times studies true philosophy, history, or even history of art - will also get depressed a bit
  • #4,866
  • Edited 2:50am Apr 22, 2020 2:20am | Edited 2:50am
Quoting karuner
... depressed a bit
Don't tell me. I'm tormented and afflicted.
I believe it is evident from my own posts.
  • #4,867
  • Apr 22, 2020 2:23am Apr 22, 2020 2:23am
Quoting karuner
{quote}But i think anyone who in our times studies true philosophy, history, or even history of art - will also get depressed a bit
Why is that?
  • #4,868
  • Apr 22, 2020 2:24am Apr 22, 2020 2:24am
On a positive note, the DAX spread on my broker is back to the regular 1 point :-)
  • #4,869
  • Apr 22, 2020 2:28am Apr 22, 2020 2:28am
377 retest.
  • #4,870
  • Apr 22, 2020 3:06am Apr 22, 2020 3:06am
335 area of strong support. First line 340...
  • #4,871
  • Apr 22, 2020 3:06am Apr 22, 2020 3:06am
Quoting EddyL
{quote} Why is that?
Well, to give a quick answer: in all realms of (higher) culture the highest excellence has been reached in the past and in the past we find the measure with which to compare ourselves. compared to times of highest culture we live in a bloodless, degenerate time. infertile in any aspect of culture and knowledge.
look for example how the buildings and cities we build today look, as compared to earlier centuries. or what is produced and sold in the contemporary "art market". in philosophy nothing new has been thought for at least 100 years. science has mostly become a servant for building technology. all political institutions are degenerate. democracy has become a farce, even in the US.
only in technology we are good – but not even that: we do not create true technology for higher purposes. what we produce is technology that caters only to our lowest instincts: convenience technology. tech for having fun, tech for being lazy, tech for not having to work, not having to walk, not having to think, ... no truly creative technology. immersing yourself in 21st century consumer technology does not make you better, it degenerates you. only few are able to use these as tools for higher purposes and not let themselves become tools or animals.
... it's all degeneration and decline now. read Spengler's "Decline of the West" for example..it gives a picture of where we stand now in Western civilization.
just some quick thoughts here, no time for a essay with stringent argumentation at the moment ;-)
  • #4,872
  • Apr 22, 2020 3:20am Apr 22, 2020 3:20am
Quoting karuner
{quote} Well, to give a quick answer: in all realms of (higher) culture the highest excellence has been reached in the past and in the past we find the measure with which to compare ourselves. compared to times of highest culture we live in a bloodless, degenerate time. infertile in any aspect of culture and knowledge. look for example how the buildings and cities we build today look, as compared to earlier centuries. or what is produced and sold in the contemporary "art market". in philosophy nothing new has been thought for at least 100 years....
Appreciate that :-) thank you, and agreed. My wife and I were discussing even current television trends (we don't watch it ourselves). What is demanded by the public and provided by hollywood is increasingly violent, gory, and perverted...

But... did we really have a higher culture? Or were these raw human degenerate feelings just hidden or repressed? When is the "higher" culture time in history? History is filled with wars, torture, slavery, domination....

I think there is a tendency to also nostalgize and idealise prior generations and centuries... but were people really different? Or are the masses driven by basic desires at any time in history?
  • #4,873
  • Apr 22, 2020 3:35am Apr 22, 2020 3:35am
Quoting karuner
Well, to give a quick answer...
O tempora, o mores!
  • #4,874
  • Edited 3:53am Apr 22, 2020 3:36am | Edited 3:53am
However, the West has currently outlived Spengler’s book by 100 years.
But yes... it is forfeiting, or is going to forfeit, its dominance (Trump or not Trump) particularly in the context of the rise of China.
I actually prefer, just to make a long story short,
the more recent idea of a "Decline of Civilization" that enlarge the borders of the discussion.
We are witnessing a process of the “de-civilization” of society. The resulting “empathy deficit” captures not only the West, but the world in general.

Globalization produces its opposite.
  • #4,875
  • Apr 22, 2020 3:42am Apr 22, 2020 3:42am
OK, we'll see. Bulls want my stop. 428 is always possible.
  • #4,876
  • Apr 22, 2020 3:43am Apr 22, 2020 3:43am
Quoting Jupiter
{quote} O tempora, o mores!
a reader of cicero
i like this, who would have thought it possible to combine my two main interests, philosophy and trading here..
  • #4,877
  • Apr 22, 2020 3:56am Apr 22, 2020 3:56am
Quoting EddyL
{quote} Appreciate that :-) thank you, and agreed. My wife and I were discussing even current television trends (we don't watch it ourselves). What is demanded by the public and provided by hollywood is increasingly violent, gory, and perverted... But... did we really have a higher culture? Or were these raw human degenerate feelings just hidden or repressed? When is the "higher" culture time in history? History is filled with wars, torture, slavery, domination.... I think there is a tendency to also nostalgize and idealise prior generations and...
again i can only give a superficial answer and it's only my thoughts on this: that higher culture has always been something for the few. mass culture is never "high culture" in that sense. which is not to denigrate mass culture. the problem is when mass culture becomes the norm, the ideal. and i think this is what happened to our civilizations. high culture should be the ideal to which mass culture looks up and aspires to. the real champions and masters in art, and philosophy and literature are only few.
in my opinion, the raw human degenerate feelings are always there. it's human nature. question might be: must we suppress them (the above mentioned hobbes builds his whole political philosophy around this thought that we must suppress/oppose the dangerous aspects of human nature)? should we live them out? or should we cultivate them to higher purposes ("sublimation", freud).
but - i think pacifism and soft humanism are not the criterion for true high culture. violence and war are compatible with highest culture. see the greeks, romans, the renaissance italians.. this is also one of nietzsche's central thoughts.
i'd really like to put these thoughts in order, but can only hint at what i mean now, need to manage the market at the same time :-)
  • #4,878
  • Apr 22, 2020 4:01am Apr 22, 2020 4:01am
Stop hit. I don't fight.
  • #4,879
  • Apr 22, 2020 4:09am Apr 22, 2020 4:09am
Quoting Jupiter
Stop hit. I don't fight.
i had to learn to appreciate the stops. on should even learn to like getting the stop hit.
i am not saying that i learned it yet, but that i came to see that it is imperative to learn it. now i am practicing to enjoy getting stopped out LoL
  • #4,880
  • Apr 22, 2020 4:29am Apr 22, 2020 4:29am
Quoting karuner
.. high culture should be the ideal to which mass culture looks up and aspires to.
I don't know how old you are ... but please trust me:
the trivialization of culture and its vulgarization were by no means the goal of those who, like me, fought for "culture for all" by breaking down barriers.
"Culture for all" , as "Universal access to knowledge" was the greatest possible intellectual challenge and the greatest personal commitment.
It has nothing to do with "mass culture" that is just functional to this economic system.

I am hurt and pained by the way things have gone. The aspirations were quite different.
(A written conversation, and with my poor English is not an easy task...)
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