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...................................... Unusual Suspects, end of day, Monday, September 29
.......... Abnormal Characters (quotesheet), end of day, Monday, September 29
.......... Abnormal Characters, end of day, Monday, September 29
.......... Fidelity has cut commissions for "Gold Level" (120+ trades a year) customers. .......... I watched this Town Hall Meeting with General Wes Clark (RealMedia 1 hour 10 minute program) on C-SPAN and was impressed once again by how articulate he is. (I wonder if Dubya knows how to say renminbi?) Take a look at the video if you want to see Clark answer questions at length. .......... I tried to read Val McDermid's The Wire in the Blood, but quit after 10 pages. I hate to sound sexist but I have a huge amount of trouble getting interested in thrillers/mysteries written by women. On the other hand I am really enjoying Joseph Wambaugh's The Choirboys, which was my TEFL program graduation present. Joseph, not Josephine. .......... David Pauly says avoid the current Dogs of the Dow: AT&T, GM, IBM, Kodak, McDonald's. Continued avoidance will result in continued Dogginess of course. .......... Alan Reynolds writes about choice, competition, and captive public school students:
"Schooling is far too valuable and important to be left to a rigid, heavy-handed bureaucratic system that assigns students
to tax-financed schools on the basis of where they happen to live."
.......... I assembled a list of links to websites that feature trading and investing software, systems, and indicators. I've used Metastock, and only Metastock, since I bought my first copy back in 1994. For what it's worth, the best traders I know have *never* spent thousands of dollars on software or systems or indicators... in fact many of them still update their charts by hand! One currency trader I knew in Hongkong would religiously roll up his charts at the end of the day and go home... looking not unlike an old Chinese scholar toting a bundle of scrolls. .......... Stephen Roach writes that "Protectionism is in the air, and China is the target."
"Unless there is a spontaneous resurgence of hiring -- and quickly -- US pressure on China seems set to intensify dramatically further
in the months ahead.
The political economy of heightened trade frictions is hardly inconsequential for financial markets. Not only would such tendencies be disruptive to global trade and outsourcing but they would also represent a tax on consumers -- ironically, the same workers that politicians are so desperate to protect. All that spells a clear negative for world GDP growth." Previous Entry >>> Random Thoughts -- September 28 |
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Chairman MaoXian |
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