khunjake

As a retired professional, I have in tandem spent the past 20 years trading and investing in the US stock market. As my interest in this has increased dramatically over the past several years, I figured that I would open up a new thread and welcome other members insights and outlook. Current MarketView as of 22 February 2024: After a blistering rally off of the October 2023 lows, stocks in general appear to be quite over extended and unusually overvalued based on next years EPS. Usually when the $SPX has rallied over 20% from its last swing lows, a correction in the 10% range shortly ensues. In addition, the level of market cap concentration of the Mag7 stocks compared to the rest of the market is at .com 2000 levels which is very concerning. With massive eyes on NVDA these last several weeks, in anticipation of a blowout earnings report, the news will likely trigger a climax here shortly. (Buy the rumor, sell the news event.) “Topping is a process while bottoming is an event.” I am 100% in cash presently and looking to open up strategic short positions on strength in anticipation of a move down to 4400-4500 in the $SPX by late-May / early-June timeframe.

Yep, its very scammy of them to allow you to send them money first only to be sent an email asking for a bunch of proof about that money. If they had cared at all about customers, their system would halt you from sending anything first and asking you to fill in a transfer approval form of sorts and wait for confirmation that the transfer request has been approved. This is why I will never use them anymore. The trust is simply not there.

Deformed growth like that from my experience is from heat/light stress. Common with young plants as an environmental issue.

Had the same thing happen to me and the transfer was delayed several days as a result. That was the last time I used them. Have been using K-bank app for my international transfers since then with no issues whatsoever and the fees are only slightly higher but with way less hassle. DM used to be pretty reliable and without hassles but my last experience was totally unacceptable and I simply don’t use them anymore.

If anything, the Fed will be forced to jack rates higher in light of yesterday’s CPI report. Bonds and gold took it on the chin.

I did exactly this at BKK upon departure with no hassles whatsoever. Yes they will escort you to the desk but it only took 5 minutes. Much better then hassling with a separate trip to get stamps transferred.

One would think with the countless tragic “accidents” just in this past year that some changes would be made regarding road and driver safety but nothing ever changes here does it. With the countless casualties from buses and vans all operated by morons and yaba-induced lunatics, anyone getting on these is simplytaking their lives for a spin on the wheel of death.

I would say around 2014/2015 something seriously changed with BKK taxis. They have mostly all gone completely mental and have become very dangerous to hire and ride with. We have had our fair share of incidents but nothing like what happened to my mate, his wife and newborn son. Won’t even get into it here. When in BKK, we either take mass transit or Grab ride (not Grab Taxi).

This one’s going down in the morning. Gorilla Cookies auto at her max 90 day run. Fully plumped up and ready now. Frost bursting at the seams with the fattest cola we’ve seen on any greenhouse auto. Bit of a tip for you guys to get bigger outdoor/greenhouse yields. Sprout your seeds and veg for the first 3 weeks indoor under 18/6. Then push them outside. They will have much better developed root systems and will flourish much more.

Thailand ETF which trades in the US already down 5.5% YTD. Off to a great start (chuckle). Compared with the S&P 500 which is up 5.4% YTD. The tighter they turn the screws (especially on expats) it further shrinks the investable asset pool. Thankfully our investments remains well out of this country and the performance is well, significantly better as a result.

Thanks for the update. Still smooth going it seems and still much easier in my view then dealing with in country extensions and the ludicrous application process that it entails.

I would say Thailand pre-2008 was really a much more pleasant and peaceful country to visit and stay. First it was the Russians and then the locusts. It all went downhill from there. As a western person, you could easily glide in and out on just tourist exempts without any hassles. Then the suits were dropped and the uniforms came on. It was finally laid to rest at that point.

The build quality of condos have also deteriorated rapidly in recent years as well. Imagine buying a condo only to have paper thin walls and ceilings so that you can hear (and feel) every word and motion of your “quiet” Chinese neighbors.

Gofug yourself..

At 150 baht a pop for foreign ATM withdrawals, the banks will be ringing up the profits as usual. Anyone seen the FX exchange booths at the airports lately? A 5% rip off from the cash rate in the city and the chinese line up in droves to use them.

You likely just smoked up some hybrid Thai varieties crossed with some foreign strains. Thats very common to see here. We did some Purple Thai and Lemon Haze crosses and they get us sufficiently medicated. I would say they lack super high amounts of THC and flavorful terps though compared to 100% imported strains but nonetheless they grow quite well and with ease for Thai farmers. The main issue with landrace is mixed sex genetics is very common here.

Your relationship with weed seem very complicated. If someone is growing just to make a baht (or buck), it will never be a successful endeavor. One must grow for the sole purpose of having passion for doing it and the need for clean meds. The retail crap for sale in the dispos here is not nearly as satisfying as the nugs we grow ourselves. The time and care spent and the end result if what makes it worthwhile. “If the farmer isn’t happy with his crop, there can never be satisfaction with the task.”

We have some nice sun-grown greenhouse going but you only get 1 outdoor season in Thailand. Come late-Feb / early-March the high heat and humidity returns. Thats fine for crappy landrace but if your going for fat foreign, sticky buds, indoor for the other 9 months. Got some Northern Lights Autos going and they are finishing up. Frosty.. Let’s go…

If they didn’t actually cancel the visa, then it is still valid. Perhaps try suwannaboom next time.

There have been recent reports that the consular will only accept proof of funds held in a Thai Bank account to qualify for the Non-O ME visa. A poster was issued a single entry as he assumed funds held in a foreign account was acceptable but apparently its not the case now.

Ah yes, Chumtien Beach. Whether its the loud music (or fireworks) going on the wee hours, packs of flea infested soi dogs roaming about, rips off left and right, overpriced, underwhelming places to eat, the unbearable traffic throughout and of course the wide array of unpleasant, subterranean foreigners, its a great place to visit, but certainly not an ideal spot to live.

The golden era with Thai for me was from 2003 until 2008. I would fly TG exclusively all around APAC and the prices for business class at that time were very reasonable. I held both Platinum and Gold status for many years and it all went down the toilet right around the time they cancelled the nonstop LAX (and JFK) to/from BKK flight using the gas guzzler A340-500. It was the climax and I pretty much stopped flying them completely by 2010. I don’t think I ever had a cancelled or seriously delayed flight at all during those times and no issues with getting plenty of comped upgrades. It was great while it lasted…

They like to make life very difficult for foreign men living/married to a Thai wife. I was told from reliable source that mainly its because your wife has more income/inheritance and a better life in general then those that hold the perceived power to deny or make your life difficult. Basically jealous in every respect. Its a face thing and the best for me personally is to bounce every 90 days and just deal with the usually kind MFA consulate staff for an annual non-o ME visa. Retirement visa should be way less hassle and issues though.

Unless the USD/THB gets into the 37.5-40 range, the currency will still be very uncompetitive by comparison of regional peers such as the weak MYR and IDR. Instead of BOT bickering about rates, look at the core issue of failed FDI. Its because the baht is simply to strong to attract capital investment and increased tourism.

There is already a very strong cannabis lobby here which represents extremely large commercial and local interests. I doubt very much the short timers in the runner up government will get very far in putting the proverbial genie back into the bottle.