Its Friday Part Two
Michael Winslow gets the Led out
Email Of The Month
Occasionally at blog central we get an email that requires us not to wait till the end of the month before awarding our email of the month. Sometimes some fucknut is so far above the competition that we have to go off early as no doubt our winner this month has on many occasions. Louise…
DetailsBlack Monday
Twenty four years ago in 1987 the Dow suffered its worst one day decline in history losing 508 points or 22% closing at 1738.. This was the final nail in the markets coffin as it had dropped 1010 points from its August peak. The bull market that followed was extraordinary in its gains. By the…
DetailsWhy?
Apropos of this article yesterday I found this little piece – Episodes of extreme market volatility demonstrate the role of emotion-based trading in moving stock and commodity prices. The internet stock bubble is an obvious example of emotions overtaking investors’ “common sense.” More recently, the extreme moves of currency (e.g. USD) and commodity (e.g. gold and…
DetailsGold Coast
Just lobbed home from the Gold Coast – if ever you wanted a reason why boguns shouldnt reproduce just spent two days there.
Normal Markets
Whilst I was away at the weekend this bounced into my inbox for comment (I don’t know the original source) SPZ s rallied 13.75% from the pre-NYSE open low on October 4 to October 12 high. Normal markets do not rally almost 14% in 6 sessions. Normal buyers do not behave this way. Volume was lacking…
DetailsI Rest My Case
At the weekend I attended a conference on the Gold Coast – one of the speakers there made the cardinal sin in my eyes of drifting off topic and rambling. In my view the sign of an unprepared speaker. Part of his rambling related to a magical diet he was on – by the way…
DetailsMargin Call
Looks interesting Margin Call is one of several low-budget ($3.5 million), accessibly commercial smart films for adults debuting at Sundance that got made with a major cast willing to work for nothing against the promise of worthy material and a decent back end.
DetailsBenfords Law
In chatting about Greece and its systematic dishonesty I made reference to this post by Tim Harford. It talks about the intriguing Benfords Law which according to wikipedia is …….also called the first-digit law, states that in lists of numbers from many (but not all) real-life sources of data, the leading digit is distributed in a specific,…
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