Mika Kotikoski - My Blog - Notes And Thoughts

Motivational bikini shot 05/13. The bikini looks awesome :D

Sun, 19 May 2013 21:54:00 +0300

Motivational bikini shot 05/13. The bikini looks awesome :D

Heavy weather, damage, injury, rescue : Best of Vendee...

Fri, 19 Apr 2013 23:42:44 +0300

Heavy weather, damage, injury, rescue : Best of Vendee Globe 2012-13

Classy

Thu, 11 Apr 2013 00:49:17 +0300

Classy

It’s bootball season! Apparently… At least in...

Fri, 05 Apr 2013 10:22:15 +0300

It’s bootball season! Apparently… At least in Croatia it seems to be :D

AAPL LOOKS INTERESTING AGAIN Short term trading, daily...

Fri, 05 Apr 2013 10:06:00 +0300

AAPL LOOKS INTERESTING AGAIN

Short term trading, daily perspective

Buy in now and start trailing for profits from around 430 and above
IMMEDIATELY TAKE PROFITS ABOVE 453.
PUT A STOP LOSS AT 419,50
This posting serves as AN EXAMPLE on my 1 day trading perspective only. A new analysis is needed on daily basis.

Longer Term Buy & Hold

Volume is not supporting the current downtrend anymore.
Historically the price is close to levels by 1000 days MA at which bottoms are typically reached (Big Picture/ dotted line in the picture above).

INVESTMENT - 02-13 - S&P500 at Possible Turning...

Wed, 27 Mar 2013 08:43:00 +0200

INVESTMENT - 02-13 - S&P500 at Possible Turning Point

27.3.2013 Edit: S&P has now been trading for some time as undefined ie. not up or downtrending nor ranging, but by nervous and very unpredictable volatile pattern while trading at top levels. My insight is to be very careful with stocks until this situation is cleared.
1.3.2013 Edit: Further confirmation for the 27.2.2013 situation. This looks like a mere bump. I’ll be monitoring this until we break out from the POINTS&FIGURES pattern OR when the other indicators start showing a potential downside again. Today my tools indicate a clear uptrending market.
27.2.2013 Edit: Have at the opening closed all short positions. The downside may still be coming as POINT&FIGURE still indicates a downside possibility. However, all my other technical indicators show that it doesn’t appear to be happening just yet and rallying/ranging flat will continue at least some time.
22.2.2013 Edit: Feb 21th sinking still by heavier volume. So fundaments (FED minutes) and volume supports this as a turn. Now… is this a nasty bear or a mere correction? IF the index sinks below 1420 before any recovery I think it definately starts to look like a bigger bear. See POINTS &FIGURES graph in the pics above. ADDED: Long term regression trends based on POINT&FIGURE.
21.2.2013 Edit: Feb 20th triggered a shorting signal with volume support.
20.2.2013 Edit: On Feb 19th S&P500 kept rising while still showing considerable strength by volume. My conclusion is that the bull is still continuing for now.
This is still only a precautionary warning. The bull is still on, but getting weaker.
Mainly by losing momentum.
Only shorting companies get positive signals in my own analysis.

Heaven and Hell… So true!

Mon, 25 Mar 2013 20:52:12 +0200

Heaven and Hell… So true!

It doesn’t get much better than this in Finland. Highly...

Sun, 24 Mar 2013 17:09:00 +0200

It doesn’t get much better than this in Finland. Highly recommended:)

Of Modern Corporations and Governments :D

Sun, 24 Mar 2013 00:44:39 +0200

SOCIALISM
You have 2 cows.
You give one to your neighbour

COMMUNISM (EU NOW)
You have 2 cows.
The State takes both and gives you some milk

FASCISM (EU 2015)
You have 2 cows.
The State takes both and sells you some milk

NAZISM (EU 2020?)
You have 2 cows.
The State takes both and shoots you

BUREAUCRATISM
You have 2 cows.
The State takes both, shoots one, milks the other, and then
throws the milk away

TRADITIONAL CAPITALISM
You have two cows.
You sell one and buy a bull.
Your herd multiplies, and the economy
grows.
You sell them and retire on the income

ROYAL BANK OF SCOTLAND (VENTURE) CAPITALISM
You have two cows.
You sell three of them to your publicly listed company, using letters of credit opened by
your brother-in-law at the bank, then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax exemption
for five cows.
The milk rights of the six cows are transferred via an intermediary to a Cayman Island Company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company.
The annual report says the company owns eight cows, with an option on one more. You sell one cow to buy a new president of the United States , leaving you with nine cows. No balance sheet provided with the release.
The public then buys your bull.

SURREALISM
You have two giraffes.
The government requires you to take harmonica lessons.

AN AMERICAN CORPORATION
You have two cows.
You sell one, and force the other to
produce the milk of four cows.
Later, you hire a consultant to analyse why
the cow has dropped dead.

A GREEK CORPORATION
You have two cows. You borrow lots of euros to build barns, milking sheds, hay stores, feed sheds,
dairies, cold stores, abattoir, cheese unit and packing sheds.
You still only have two cows.

A FRENCH CORPORATION
You have two cows.
You go on strike, organise a riot, and block the roads, because you want three
cows.

A JAPANESE CORPORATION
You have two cows.
You redesign them so they are one-tenth the size of an ordinary cow and produce
twenty times the milk.
You then create a clever cow cartoon image called a Cowkimona and
market it worldwide.

AN ITALIAN CORPORATION
You have two cows,
but you don’t know where they are.
You decide to have lunch.

A SWISS CORPORATION
You have 5000 cows. None of them belong to you.
You charge the owners for storing them.

A CHINESE CORPORATION
You have two cows.
You have 300 people milking them.
You claim that you have full employment, and high bovine productivity.
You arrest the newsman who reported the real situation.

AN INDIAN CORPORATION
You have two cows.
You worship them.

A BRITISH CORPORATION
You have two cows.
Both are mad.

AN IRAQI CORPORATION
Everyone thinks you have lots of cows.
You tell them that you have none.
No-one believes you, so they bomb the ** out of you and invade your country.
You still have no cows, but at least you are now a Democracy.

AN AUSTRALIAN CORPORATION
You have two cows.
Business seems pretty good.
You close the office and go for a few beers to celebrate.

A NEW ZEALAND CORPORATION
You have two cows.
The one on the left looks very attractive :P

Classic beauty in every way. Very cool.

Sat, 23 Mar 2013 22:18:43 +0200

Classic beauty in every way. Very cool.

Ok, Guys! Plz, focus. There is a very cool pintail in the pic!

Tue, 19 Mar 2013 22:34:30 +0200

Ok, Guys! Plz, focus. There is a very cool pintail in the pic!

Samsung (Android) vs iPhone (ios) - My Thoughts

Tue, 19 Mar 2013 22:26:00 +0200

After having closely used the two phones and their operating systems in parallel quite extensively I can only state the following: At least for now (Jellybean vs ios 6) ios wins hands down.

My top three reasonings are:

This is the most important aspect. ios is way more stable especially regarding critical tasks with true mobility required (mostly experienced this advantage during offshore sailing and downhill skiing)
ios feels way smoother & faster. No matter what the benchmarks tell.
ios feels way more intuitive to use.

Fur is Back in Fashion!

Fri, 15 Mar 2013 07:01:00 +0200

@ Fashionista

…We scoured through every single photo of every single collection that walked this season and found that a startling 70% of the designers who showed during fashion month used fur in at least one look…

Read it all here

I definitely think this is the right direction. When used correctly fur is among the most ecological materials: Natural and sustainable.

Gisele has that look :)

Sat, 02 Mar 2013 01:32:00 +0200

Gisele has that look :)

POLITICS - 02-13 - Picturing Current Political Leadership In Europe

Sat, 23 Feb 2013 16:05:00 +0200

Anyone who wants to get an inside look at both the European banking system and the politicians in charge of fixing it need to only look at Spain’s Bankia.

Bankia was formed in December 2010 by merging seven totally bankrupt Spanish cajas (regional banks that were unregulated). The bank was heralded as a success story and an indication that European Governments could manage the risks in their banking systems.

Indeed, in 2011, Bankia even reported a profit of €41 million. And in April 2012, it was proposing paying a dividend. Then, in the span of two weeks, the bank revised its 2011 profit to a €3.3 billion LOSS, requested a formal bailout from Spain, and had to be nationalized.

What’s striking about this sequence of events is that throughout it, Spain’s Prime Minister Mariano Rajoy was claiming that Spain’s banks were in great shape. Indeed, on May 28 2012, (after Bankia had already requested a €19 billion bailout, the single largest bailout in Spanish history), Rajoy stated , “there will be no rescue of the Spanish banking sector.”

Bear in mind, Spain itself was just days away from requesting outside aid from the EU.

The timeline says it all:

May 9^th: Bankia requests €4.5 billion loan, Spanish Government states that the bank is “solvent.”

May 21^st: Spain meets Bankia’s request for loan and takes a 45% stake in the bank thereby instigating a partial nationalization.

May 23^rd: Bankia’s bailout needs grows to €11 billion/ Rajoy retorts to France’s Hollande, “Hollande does not know the state of Spanish banks.”

May 24^th: Bankia’s bailout needs grow to €15 billion

May 25^th: Bankia’s bailout needs are now €19 billion (2011 profits revised to €4 billion loss)… the Spanish Bailout Fund has just €5 billion in cash.

May 28^th: Rajoy comments, “there will be no rescue of the Spanish banking sector.”

Weekend of June 8-10^th: Rajoy texts to his finance minister: “Aguanta, we are the fourth European power. Spain is not Uganda… If they want to force the rescue of Spain, they need to start getting ready €500 billion and another €750 billion for Italy, which will have to be rescued afterwards.”/ Spain informally asks for €100 billion bailout/ EU Finance Ministers OK the bailout.

Sunday June 10^th: Rajoy states that the bailout is a “victory” before commenting, “This year is going to be a bad one: Growth is going to be negative by 1.7 percent, and also unemployment is going to increase.”

Thus, in just one month’s time, Spain implements the largest bank nationalization in its history and requests €100 billion from the EU to recapitalize its banks. And yet, throughout this time, Spanish politicians maintain that Spain’s banking system is “solvent” or in great shape… right up until they get the €100 billion at which point the truth comes out: “This year is going to be a bad one.”

Also note that Rajoy sealed the deal and which he proclaimed a “triumph” (along with the above statement about 2012 being a bad year) before hopping a plane to watch Spain’s soccer team play Poland.

Fast forward to December 2012, and Bankia is again in the news, this time with Spain revealing that despite receiving the largest bailout in Spanish history, the bank still had a NEGATIVE value.

Bankia’s shareholders have received a nasty new year’s surprise. They may lose most of their investments or even all of them says the Spanish bank rescue fund in its latest report.

According to FROB, the Fund for Orderly Bank Restructuring, Bankia has a negative value of 4.2 billion euros, and its parent group BFA is 10.4 bn in the red.

Valuation is key in the recapitalisation of Spain’s banking system, weighed down by massive bad loans accumulated in a property bubble that burst in 2008. Bankia/BFA is set to receive 18 bn euros of European aid, and become the country’s biggest bailout recipient.

Source: Euronews

At this point the following is obvious:

1)   Europe’s banks are in far far worse shape than anyone publicly admits

2)   The political class in Europe has no idea how to solve this mess

3)   No one has quantified the bank’s actual losses or their capital needs

4)   Everyone is lying about just about everything related to Europe’s financial system

You could honestly end the story here and know everything you need to about Europe. But then you’d be missing out on Bankia’s newest achievement: setting the record for corporate losses in Spanish history.

Nationalised Spanish lender Bankia is expected to reveal a €19bn loss next week, the largest in the country’s corporate history.

On Thursday Bankia will report full-year earnings, including a €12.6bn provision taken at the end of last year. The writedown is a result of the lender moving assets into Spain’s “bad bank” at heavy discounts.

Bankia, which is seen as a symbol of Spain’s financial woes, was created through the merger of seven smaller savings banks before being listed on Madrid’s stock exchange. When the company failed, hundreds of thousands of people who had been sold shares saw their savings wiped out. The collapse forced Spain to ask Europe for a bailout for its banking sector, which has meant the lender is subject to tight controls.

Source: Telegraph

It’s a little known fact about the Spanish crisis is that when the Spanish Government merges troubled banks, it typically swaps out depositors’ savings for shares in the new bank.

So… when the newly formed bank goes bust, “poof” your savings are GONE. Not gone as in some Spanish version of the FDIC will eventually get you your money, but gone as in gone forever (see the above article for proof).

This is why Bankia’s collapse is so significant: in one move, former depositors at seven banks just lost virtually everything.

And this in a nutshell is Europe’s financial system today: a totally insolvent sewer of garbage debt, run by corrupt career politicians who have no clue how to fix it or their economies… and which results in a big fat ZERO for those who are nuts enough to invest in it.

Be warned. There are many many more Bankias coming to light in the coming months.

Source: Gains, Pains & Capital ezine to subscribers.

Self portrait: Skiing in Kalpalinna 2012

Sat, 23 Feb 2013 15:45:00 +0200

Self portrait: Skiing in Kalpalinna 2012

Hmmm… Would be very nice, classy and sassy without those...

Thu, 21 Feb 2013 23:04:11 +0200

Hmmm… Would be very nice, classy and sassy without those hideous and totally tasteless platform, pole-dancer shoes.

Fit is fit, no matter what :D

Tue, 19 Feb 2013 22:54:00 +0200

Fit is fit, no matter what :D

ECONOMICS - 02-13 - Why hyperinflation didn’t happen in...

Mon, 18 Feb 2013 00:31:00 +0200

ECONOMICS - 02-13 - Why hyperinflation didn’t happen in Japan, but very probably could hit the western world (US & Euro)?

Short answer: Japanese people were saving before the bubble burst. The westerners have been saving just about nothing for decades. Add huge deficits year after year and it all starts making sense. Unfortunately.

FITNESS - 44 Best Bodyweight Exercises Ever!

Sun, 17 Feb 2013 16:26:29 +0200

FITNESS - 44 Best Bodyweight Exercises Ever!