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Tag Archive | Brexit

The Ongoing Brexit Fiasco Distresses I For My Beloved Britain.

by Anura Guruge


Just Google.


This is so NOT us. Who would have thought that we could balls this up. That is what gets me. This is NOT British. We are bigger and better than this.

It totally confounds I.

We have to have a Brexit. Us the people, voted legitimately, to have Brexit. You can’t go back on that.

This distresses I. My Britain. I don’t like to see us being torn apart like this.


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by Anura Guruge

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I Had Not Heard Of Northern Ireland Car Bomb, On Saturday — And That Rattles Me On Two Fronts.

by Anura Guruge


From CNN. Click for more.


I am a confirmed news junkie. I wake up to news on the TV, watch the news few times a day, and, moreover, read the U.K. “Daily Mail“, online, multiple times a day.

Did not see or hear about this car bombing in Northern Ireland until just a few minutes ago — and that when watching Theresa May talking about the latest Brexit possibilities.

This upsets me on two fronts.

How could I, of all people, given the amount of news I consume have missed this? Wow. Scary.

I lived through the IRA car bombings. All of it. I missed a few narrowly — including the Harrods‘ bombing. So, U.K. car bombs are not an abstract concept to I. I would hate to see ‘it’ come back. That would be bad. Very bad.

So, I am not a happy camper. I do NOT want this to MY Britain. We deserve better.


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by Anura Guruge

Though A Shareholder I Was Very Glad To See Amazon Shares Plunge $24 (3%) Today!

by Anura Guruge


amzn111

Friday, September 9, 2016 AMZN chart from “marketwatch.com”. Click to ENLARGE and study.


mw1aaa

Amazon’s 3% drop wasn’t that bad relative to the markets. I EXPECTED the markets to be down on Friday — ahead of the 9/11 anniversary. Wall Street does not forget. Too close to home. Click to ENLARGE.


5-day and 3 month charts for Amazon (from “marketwatch.com”, of course).


amzn444

6-month chart highlighting the stupidity of those that panicked and sold. I told YOU it was a mistake. I didn’t buy AMZN that day BUT I did buy some other FANG ‘like’ stocks such as CRM.


Ten years ago I would have been distraught. Panicking. Worried that I was going to lose ‘everything’.

‘Today’ (i.e., Friday) I paid the plunge scant attention!

We needed a pullback.

AMZN had gone up too much at the start of the week. See 5-day chart. That was just irrational exuberance following the Labor Day holiday. There was no real concrete news or results to warrant the $15 rise on Tuesday. That AMZN was going to sell cars was NOT new. I had given you the heads up.

This pullback puts the price in the RIGHT RANGE for now. Over the last 18 months I have got to know this puppy quite well. I have to. I have no choice. My life, quite literally, depends on it. {SMILE}

So just a word of assurance to those who may be upset this weekend that their AMZN tanked. It will hit $800 in the next month — ahead of the results. {SMILE}

After the results it could see $900 before year end.

So relax. I told you NOT to panic during BREXIT. I was right. All the pundits were wrong. {SMILE} Getting old has SOME advantages.


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by Anura Guruge

PBS’ New “Dancing On The Edge” Is Quite The 1930s British Drama (Made By The BBC).

by Anura Guruge


dancingontheedge1111

dancingontheedge222
Click either image to access the PBS homepage for this show.


When I saw an ad. for the show, on PBS, I wasn’t sure what to expect in terms of a story. Thought it might end up with an anemic story line just as an excuse to showcase a lot of 1920/1930 black jazz music in Britain. But, I went ahead and recorded it BECAUSE we had seen references to such a black jazz band, of that era, both in “Downton Abbey” & “Mr. Selfridge“.

Today we watched Episode 1 (from Sunday). It exceeded all expectations. It was a good story. Illuminating and compelling. Ironically timely too — post Brexit with ‘Hate Crimes‘ on the rise. This episode highlights the persecution and discriminations black encountered in Britain in the 1930s (which in the scheme of things wasn’t that long ago). Goo jazz music too.

More like PBS’ “Call the Midwife” than “Downton” — and that is not a bad comparison. If you liked “Midwife” or “Home Fires” you would love this. Same ‘texture’. We are definitely looking forward to Episode 2 — and by ‘we’, I include my “Downton” & “Mr. Selfridge” connoisseur, 10-year old Teischan.

So definite ‘two thumbs up’ and my toes too for this show.


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by Anura Guruge

Man Showing Flashing British Passport, Post-Brexit, To Avoid ‘Hate Crimes’ Is A Sri Lankan.

by Anura Guruge


Click here to access the June 27, 2016 U.K. “Daily Mail” original.

Click images to ENLARGE and read here.

slbrexit111slbrexit22222


I don’t know him personally but I do know the name. “Dissanayake” is a quintessential Sri Lankan, Sinhalese name and I even have a “Dissanayake” as a relative. “Nalin” is also a Sri Lankan name, though not a common one. There is also a Sri Lankan cricketer of that name.

That he felt compelled to do this — i.e., go around flashing his British passport — is SCARY. I guess he is worried that he would be mistaken for a Middle Eastern immigrant. This is sad. Not sure I would have to flash my British passport IF I were in Britain today, post-Brexit. I guess, for a start, I don’t dress like an immigrant.

C’est la vie. This is very sad and bad.

Just thought I would share with you that he is originally from Sri Lanka — same as I.


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by Anura Guruge

9:30am (Eastern) Was THE Time To ‘Buy’ Post Brexit ‘Leave’ Vote. SMILE.

by Anura Guruge


crmpostbrexit

Chart for “Salesforce.com” (CRM), on June 24, 2016 — day after Brexit. From “marketwatch.com” of course — who else? Click to ENLARGE and marvel.


I stayed up till 1:30am (Eastern) watching the Referendum results, LIVE, on BBC 1 on my Roku, “UK TV” channel. [To my disappointment BBC election coverage came across as primitive compared to what we have got used to in the U.S.!]

I was surprised by the result and I really do have genuine, mixed feelings. I am not wildly euphoric that we voted, in a non-binding referendum, to LEAVE — though, deep, deep down, my sentiments are with LEAVE, which is how I voted, 41 years ago in the 1st Referendum.

I don’t believe that this is a done deal and a lot of water will flow under the collectives bridges of the EU before we see anything definitive 2.5 years, minimum, from now.

That the markets reacted the way they did was hilarious to I. It is crazy. Why sell stock today? What has changed?

But I was glad. I had been waiting, biding my time, for a pullback of this magnitude. SMILE. That is what clever investing is all about.

Was on Fidelity at 9:30am. I had NOT factored in that Fidelity would be slow! I should have remembered from past days like this. But it wasn’t too bad.

I wanted to buy more “salesforce.com” (CRM) and “Facebook” (FB) shares — some for the kids. Got it done. I was all done by 9:35am.

Why would AMZN go down $20 in the day? How will Brexit impact AMZN? I don’t think it will. Strangely AMZN options, my bread-and-butter, were not cooperating. Shame. But that is OK. I am not greedy, never was.

More on my feelings on Brexit in another post.

But for now, SMILE. SMILE. SMILE.

P.S., If Scotland AGAIN tries to break away I will be beyond bummed. 


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by Anura Guruge

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