RE:My big picture: may not be yoursThank you for the kind words re my call on the doji candelabra Dunworkin2. I would truly like to get another homer in that department. We are in new low ground, GSI is oversold, and the Ukraine news is really not GSI specific, yet the share price is likely taking a hit for it these last few days, along with the rest of the markets. So yes, a doji could well be in the cards tomorrow or the next day.
The Russians are masters of diplomacy, if not tediously predictable. They will orchestrate this crisis to a climax and really shake our tree. There cunning statecraft harks back to Soviet days. At bottom, Putin, is in it on a bluff, desperately trying to get something for free. If we tossed him a guarantee that Ukraine would never join NATO, I think he would quit this endeavor straightaway. America understands this intuitively from their own experience when the Soviets attempted placing missile silos in Cuba. Americans wouldn’t put up with such nonsense. So now, with the shoe on the other foot, surely the Russians have a point here.
There was talk from an American think tank that Putin was resurrecting the old idea of a Pan Slavic movement, but to quote chef Gordon Ramsay in that Tide commercial, “This won’t work.” Like Trump’s plan for America, Putin also wants to make Russia great again, but Pan Slavism on Russian terms will have few people buying in .