





A journal of time spent in Barbados
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**You may contact me by e-mail at livinginbarbados[at]gmail[dot]com**I have spoken or tried to speak (or sign) all of the languages below at some time in my life! (If you did not realize it, Breton, Cornish and Welsh are related.) Thanks to my African friends who introduced me to some of their tongues. Thanks to my Norwegian "cousins" for visiting the Caribbean and also allowing me to meet up again centuries later. Thanks for an absence of fear in trying to say at least "Hello" and "Thank you" whereever I travel. Thanks to my parents for never letting me think that the colour of my skin had anything to do with anything except the colour of my skin. Thanks to all those people I have met who had never met a black man before and now know that we are a lot like them.
The world is really small and languages are one of its barriers. Let's try to get over them little by little with seasonal greetings (see a much longer list of Christmas greetings that will help).
American Sign Language
Arawak - Aba satho niw jari da'wisida bon
Breton - Nedeleg laouen na bloav ezh mat
Cantonese - Seng Dan Fai Lok, Sang Nian Fai Lok
Carib - Sirito kypoton ra'a
Cornish - Nadelik looan na looan blethen noweth
Creole/Seychelles - Bonn e Erez Ane
Dutch - Vrolijk Kerstfeest en een Gelukkig Nieuwjaar!
Estonian - Rõõmsaid Jõulupühi ja Head uut aastat
French - Joyeux Noël et Bonne Année!
German - Fröhliche Weihnachten und ein glückliches Neues Jahr!
Greek - Kala Christougenna Ki'eftihismenos O Kenourios Chronos
Hausa - Barka da Kirsimatikuma Barka da Sabuwar Shekara!
Igbo - Ekelere m gi maka Keresimesi na ubochi izizi afo ozo
Irish - Nollaig Shona Dhuit
Italian - Buon Natale e Felice Anno Nuovo
Japanese - Shinnen omedeto. Kurisumasu Omedeto
Latin - Pax hominibus bonae voluntatis
Latvian - Prieci'gus Ziemsve'tkus un Laimi'gu Jauno Gadu!
Malagasy - Arahaba tratry ny Krismasy
Norweigan/Nynorsk - eg ynskjer hermed dykk alle ein god jul og godt nyttår
Norweigan/Bokmål - God Jul og Godt Nyttår
Polish - Wesolych Swiat i Szczesliwego Nowego Roku.
Russian - Pozdrevlyayu s prazdnikom Rozhdestva i s Novim Godom
Spanish - Feliz Navidad y Próspero Año Nuevo
Swahili - ºKrismas Njema Na Heri Za Mwaka Mpyaº
Turkish - Noeliniz Ve Yeni Yiliniz Kutlu Olsun
Welsh - Nadolig LLawen a Blwyddyn Newydd Dda
Yoruba - E ku odun, e ku iye' dun!
Maggie has all the characteristics that make cats so despicable: slothful, needy, fuzzy, destructive (especially of cloth furniture and Christmas trees). She has not yet shown any anthropomorphic talents but if she does I will include some of her comments.
I don't really like cats but they seem to be attracted to me. My first daughter, Eleanor, has had a cat and dog almost all her life. My wife had one when I met her; the cat was traumatized when my wife-to-be moved home, ran away as soon as we arrived at the new place and was never seen again. Rhian will get a cat after our Christmas holidays; he has been picked out and is being weaned. So, I will have to get used to having a cat in my daily life again in 2008. I hope he and Maggie will provide good blog material.
If you have children you will have experienced the ease with which they make friends. A friend for a child is someone with whom to play. So Mums and Dads are naturally friends. Anyone who does not offer an immediate rejection or give off bad vibes is also a potential friend. I love to watch Rhian “make friends”.
At the Norman Manley Airport last Thursday friendship making was in full force. Another little girl, aged about 6, was sitting near us with her mother. She had a Dora the Explorer roll-on bag from which she took out paper and pencils. Rhian siddled up to her and asked if she could draw too. In no time, the two girls were happily colouring on the same sheet of paper. Then Rhian started some reciprocal behaviour and took out the bright colouring pens from her back-pack, and the girls got into more colouring, this time being fascinated by the patterns coming through the back of the paper. Along walked another girl, aged about 5. “Can I do some colouring with you?” she asked. “Sure” was the natural reply, and the new entrant ran off to get permission from her mother before coming back to make a lovely threesome. And so they played for about an hour; all flights were delayed by about an hour so this was a blessing.
The friends began to break up as the flights got ready to leave. The last arrival was the first to depart—somewhat unhappily as her mother unceremoniously came to take her, and to the disgust of the other two girls never even acknowledged them or asked if their friend could leave.Really! Rhian recoiled from the mother—a bad vibes person—and had to be reassured before going back to play with her first friend. We too soon had to leave when boarding started for our flight.
As usual the parents barely got to meet each other. We did not get down on the floor and start colouring too. Adults make friends more slowly than children; I don't know at what point we lose spontaneity over friendship. As we get older we develop “agendas” so making friends is part of that; friends offer advantages that we cannot otherwise get. So friendships need more maneuvering and developing. We think about relationships, asking questions about why someone is appearing to be nice. That gets more complicated when the two genders are involved. As a father who has spent a lot of time with my children I know that I'm still an oddity because parenting is still often seen as “mothering”. A father or mother starting a conversation around their children can easily be surrounded by some sexual friction, real, or imaginary.
It's funny though that when thrown into an alien situation as we have been recently when based in another country on assignment friendships can happen more spontaneously. We now have lots of really good friends from our three years in Guinea and a smaller number from our ten months in Barbados. And we came to be good friends by just taking each other as we are. We seem to operate without agendas and enjoy casual socializing, which helps us bond better. We don't get to know each other very well in terms of full information about each others lives; we get to know some intimate snippets, enough to feel connected. This spontaneity can only work if you are open to it, so many adults and children will find themselves in new social settings and feel unable to make friends, then tending to limit contact and so end up having few friends. We can see this when children have to change schools and of course we adults experience it when we move to new places.
I like the way that children make friends most of all because they don't feel the need for personal details. No need to say, “Hello. My name is...” before you get down to play, and no problems just leaving, with no need for “See you again.” With socialization we adults feel the need to have that detail, so we are going to try to exchange addresses or phone numbers and of course we have to know names. That takes the fun out of it, and losing the sense of fun is sadly part of growing up.
Well my lunatic friend helped me with its movement below parity with the US dollar, which was dramatic (see chart). I went back to the loonie as I sensed that it was indeed gaining its legs. I saw that after the US dollar rally of the past few weeks, the Canadian dollar was grinding around, almost aimlessly hovering around 1.003-1.008and then reversing toward parity with the US dollar with a certain regularity and each test lower was getting closer to the figure and the resistance less each time. So, I joined the sellers on Wednesday evening, at about US$ 1.003 to the Canadian dollar, hoping that it would fall initially to some 0.9980 and then 0.9940 and hopefully to 0.9920 before moving toward 0.9840.
The intial move worked very well and came around 6.30 on Thursday morning and my three lots netted me US$ 140, as the rate fell from 1.003 to around 0.9980. As I was due to travel for almost a whole day I decided to leave trading this pair alone. With travel completed on Thursday evening it was somewhat frustrating that the Internet connection was down at my in-laws. I was not able to review the market until Friday morning, by when I had missed the chance to get back in above 0.9975. When I was able to trade (on a somewhat slow and erratic connection) I managed to get in again when the rate was 0.9950, sold it again and made several one lot trades to net $20 several times, as the rate edged through 0.993. Better than expected Canadian economic data released today initially led to little market reaction then a reassessment suggested that future interest rate decreases would be less likely and the exchange rate continued its fall. Oil prices rose during the day, which also helped the Canadian dollar strengthen.
The rest of the day was a struggle with support around 0.992, which was stiff and is not completely broken, though the rebounds were contained to about 0.9933. Perhaps because the attack came at the end of the trading week and just ahead of the holidays, follow through was limited. For much of Friday afternoon the rate hovered between 0.9915-0.9933, and closed below 0.992, which should imply further downward movement. I hope that next week starts off well and my target rate of 0.9845 is reached. That would do nicely before Christmas.
In the market rate changes are not in straight lines, but often in waves. I have not studied wave theory but that could be something for private study soon; I will have to get academic and learn about “Elliott wave analysis”. After the initial major break below parity mentioned above the rate tried to get back up to parity and had I been smart I could have foreseen that and taken the bet on the increase. But I did not.
I have ridden waves several ways, including taking profit as an intermediate target is reached, letting the rate bounce back and getting in again. That risks missing the critical breakthrough so I tend to do it with caution, feeling that it's better to stay in at the initial position and maybe see such opportunities pass. With hindsight one can always review the wisdom. Hindsight is of course 20:20.
The other aspect that I am learning and will focus on more is a good lot size and even in a cautious trade the initial positions should always be two lots. That way one can opt to ride through waves by taking profit on one position and regaining the other position after a reverse movement; that works well if the subsequent retracement is dramatic and one could get in near the starting price.
I am still not sure if I can make a living out of trading but I have made $1000 in December. That is a return of about 40 percent, which is an impressive rate but I do not see that as sustainable; though I had targeted trying to make about 1-2 percent a day. Making $1000 a month would not be bad though.
Another lesson I have learned several times now is that online trading is very tricky when technology is not helping. Poor Internet connections or slow computers can lead to missed opportunities or at worst losses. For that reason alone setting stop-loss limits as soon as a trade is executed is really important, just in case the connection drops or computer freezes a and one is left totally exposed. I have tended to trade on two platforms simultaneously and found that this provides some protection as at least one platform tends to be running at any time. (It's sometimes astonishing to see the different speed with with each platform refreshes and if one is not paying attention, then deals can be opened or closed at the wrong rate.) But I am enjoying the challenge of trading “on the move”. Other people's computers are set up differently and I have had a devil of a time getting things set up as I would have them at home. Fortunately, all of that tweaking has not been too costly. But the essential element is the connection.
I plan to trade little over the Christmas period, hoping that the market also decides to take a break through the first week of January. It should be a time for friends and family so I will aim to respect that.
PS: I was heartened to read one of the analytical comments from Todd Gordon, Currency Strategist at Gain Capital (with whom I trade) in his “Strategy of the Day” for December 21, who analyzed averaging down, i.e. building positions when the price moves against you. I have used this technique several times to good effect, once really testing the nerves as with one of the recent repeated Canadian dollar 100+ point reversals against the US$ (see blog). Of course the practice can go sour as the rate moves further than some are prepared to risk as in the above example, or never really turns around, at which point you have to eat a large loss.
The technique worked nicely this week as I traded pound sterling/US dollar while the rate fell from 2.03 toward and then below 2, netting about $210 on two trades. He points out rightly that this technique must be part of a plan, within a correctly assessed strategy. Little by little my strategic sense is getting better; I know that the experts are not always right and twice recently when following their assessments, against my own judgement, I lost not so heavily but let's say unnecessarily. I wont pin blame on them for that, but it is important to remember that we are all fallible.
Thank you all you drug smugglers and petty criminals who have tainted the reputation to every decent law-abiding Jamaican. I wish you a very unmerry Christmas and a pox-ridden New Year. There are many decent people who readily advocate the kind of brutal punishment that is still practised in some Muslim countries for petty crimes and crimes against the person. When I feel shamed of my national heritage because of these criminals I can understand such sentiments.
The irony is that The Bahamas is no Eden. Like Jamaica, it too is scourged as a transit point by drug-running problems, and is famous for “night fishing” from Bimini or other islands close to Florida. Several major drug dealers are employing expensive lawyers to help them avoid having to face full justice.
The Bahamas is also Sodom but does not seem to know it. This is a country obsessed with people's sexual behaviour, where people openly talk about “sweet hearting” (being unfaithful to a partner), yet any sign of sexual misconduct by politicians gets blown into a major issue. Remember Shame (sorry Shane) Gibson and the late Nicole Smith being photographed with the Minister having a close constituency meeting in his office that looked remarkably like a bed? When I arrived last night I saw the sensational tabloid newspaper The Punch headline “MP caught...sexing”. The story is about opposition PLP MP Alfred Gray who had been caught by police euphemistically "in his birthday suit" with a "female companion" who was decidedly not his wife in a church car park close to his home and was outed with front page pictures by the more sedate The Tribune (see latest report). The MP was given a "harsh warning" by the police officers. That makes no sense. Ain't you all got nothing better to do? In Jamaica newspapers don't waste time reporting such rubbish: “We know unnu all a sexin' but a no fiwi bizniz. That is between you and you missus. Why you wan' put dat inna paper?” More of an issue for me would be the fact that this MP is also a deacon at a Methodist Church. What method in his madness? Where is a man like this leading his flock if he is caught under some "other woman'" frock?
Heaven help you in The Bahamas if you are a gay man. The same phobia that engulfs Jamaica is present here too, where there is no tolerance for "sissies" as gays are disparagingly called.
The other sadder side is that here is a country of only about 300,000 people, whose average income is the highest in the English speaking Caribbean, which is showing signs of sliding down a slippery slope of social degradation. It is now being plagued by one the ills that has haunted and shamed Jamaica for decades. Murders and violent crimes are on the rise. The number of murders through mid-December (74) has already exceeded the total for 2006. That translates into a rate per head of population that is half that of Jamaica's, which records 1500 murders a year for its 3 million people, which means that it is lower but still very high. And solutions? “All the politicians are talking is foolishness” my father-in-law rails; he should know as he is a keen observer of international developments and a barrister. So like Jamaica no credible solutions are being proposed to deal with violent crimes, and people continue to pay for this failure with their lives. We'll see for long that will go on.
I may be wrong but it seems to me that The Bahamas has hit a cycle of decadence. The murders is one marker. I put much of the blame on the US, or at least the ease with which Bahamians can get access to goods and services from America, and the extent to which American culture floods the islands. Car ownership in Nassau/New Providence is ridiculously high and Nassau has so few roads that congestion is just horrible every day. Conspicuous consumption is a national sport. The currency is pegged 1:1 with the US dollar so that gives immense spending power. The islands are buoyed by financial services and tourism but barely produce anything so most consumer needs are imported. Any kind of bling is available tax free and Bahamians love name brands! Gucci, Fendi, Ralph Lauren, Rolex, diamonds etc are must haves. It's a consequence of not really having had to work to get rich so there is little understanding of the sacrifices and hard work that are usually needed to get wealthy, as would be the case in Singapore, for example. With a sense of privilege running like water through the veins it's little wonder why many younger men (yes, it's a boy thing) are seeing that the best route to quick richness is through crime and now the stakes are raised because guns are easily obtained.
But look out. The same problem that makes Bahamian Customs officers humiliate Jamaicans is ready to bite them. As Jamaica has seen, once the guns get entrenched in the society it's a devil of a job to get them out again. None of the Christian pleading—and yes, there's a growth industry in that too—is making a jot of difference. In fact, some of the church leaders seem to be contributors to this malaise with their views on how being good Christians gives some rights to being flagrant in all forms of behaviour.
I am going to enjoy my next two weeks in Nassau and look forward to the conch salad and grouper and macaroni pie and turkey and ham and Christmas cake an sky juice. But I will keep my eyes and ears open to sense better how far down the slope The Bahamas has slid.
God's in his heaven but we know that all is not right with the world.