Thursday, October 7
Baby's Mexican Jumping Bean
Baby's heart looks good at the moment, though it's difficult to scan when it has both the size and speed of a Mexican jumping bean.
Posted October 7, 2004 at 17:40, GMT
Why McAfee Sucks
Let me explain why McAfee is so awful... our new XP computer came with something called McAfee SecurityCenter that I can't disable or uninstall without removing McAfee VirusScan, which I want to keep. Even if you edit the registry this sly devil will automatically reassert itself. I've had to rename the mcagent.exe file to make sure it doesn't start up, and you shouldn't have to do that. In short, McAfee sucks.
Posted October 7, 2004 at 12:25, GMT
Keep an Eye on RIG
We have to go down to Guy's Hospital this afternoon to have baby's heart looked at (checking to see if he has a bad ticker like Daddy), so I won't be around to post the Early Movers, sorry.
The coil scanner picked up RIG. Transocean is pausing here at the highs... its buddies Schlumberger (SLB), Baker Hughes (BHI), BJ Services (BJS), and Halliburton (HAL) all moved higher yesterday, so let's see if RIG plays catch-up or not.
RIG, 30-min. Chart
Posted October 7, 2004 at 7:55, GMT
Thanks for adding me to your blog roll, Trader Wizard.
Posted October 7, 2004 at 7:45, GMT
T-Notes Trend Gets Fuzzy
You can see that the Notes have broken down here. Fuzzy is concerned (and if Fuzzy ain't happy, ain't nobody happy), but I suspect that $50+ oil might cause a recession so the bonds should do OK. Who knows?
10-Yr. T-Note futures, Daily Chart
Posted October 7, 2004 at 7:35, GMT
Eventually We Are All Dead
From boom to bust, eventually, by Robert Shiller:
"... interest rates [and] unemployment statistics... do have a legitimate role to play in explaining housing markets, but they are simply not adequate to account for the recent booms. Three psychological causes stand out: first, a change in people's perceptions about the source of value in a changing world economy; second, increasing public faith in 'glamor' cities with international name recognition; and third, the plain giddy dynamics of speculative bubbles. ... A speculative bubble, sustaining itself solely by reaction to price increases, cannot go on forever."
But it can go on a lot longer than anybody ever imagined.
Posted October 7, 2004 at 7:25, GMT
You can find yesterday's Unusual Suspects on the Unusual Suspects page. I've also started to post a screenshot called "Notable New Highs & Lows" that you may find useful.
Posted on October 7, 2004 at 7:15, GMT
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