MaoXian.com -- Archive > October 29, 2004

Have a peaceful weekend, guys, and look forward to participating in the regime change next week. I've already done my bit.

Posted at 19:00, GMT

Stocks to Watch -- Friday, October 29

Posted at 14:15, GMT

MarketWatch, Web News Site, Is Up for Sale, by Andy Sorkin:

"... the suitors [include] the CBS unit of Viacom; Dow Jones, which owns The Wall Street Journal; The New York Times Company; and possibly the Financial Times Group of Pearson, the executives said. Yahoo is also a suitor."

cbsmarketwatch.com is such a cluttered mess of a site that I never go there (though they had 5.8 million unique visitors last month). I only make a point of reading Herb Greenberg, whom I read using Bloglines.

Posted at 13:00, GMT

Keep an Eye on FRED

My swing trading ideas have been stinking up the joint lately, but let's see what happens with FRED. Initial risk is around 40 cents and if it starts a wave 3 decline it may drop to fifteen and high change, so the reward/risk looks OK. (Disclaimer)

FRED, Daily Chart

Posted at 8:15, GMT

Chart of the Day -- Urban Outfitters (URBN), Monthly Chart

Urban Outfitters moved to a new all-time high yesterday. I first wrote about this company back in early June, and even went down to their Covent Garden store to have a look around: I found overpriced stuff for young hipsters. I didn't buy the stock because I hate specialty retail in general, but their shareholders are loving life.

URBN, Monthly Chart

Posted at 7:55, GMT

A Couple of Nicely Designed Websites

Clean, crisp, simple, uncluttered, no-flash.

Posted at 7:45, GMT

This Game Will Drive You Insane

Posted at 7:35, GMT

Jim Rogers' Home Truths, by Amey Stone:

"Rogers' 17-month-old daughter, Hilton Augusta ... is being raised to be bilingual in Chinese ('the 21st century will be the century of China, whether we like it or not,' he says) and she has opened a Swiss bank account [because] 'she knows the U.S. dollar is in decline.'"

Posted at 7:25, GMT

Lessons from 1929, by Yuval Rosenberg:

"Historians put the total number of active speculators at well under a million. These buyers used a great deal of leverage, a factor that has been blamed for much of the pain of the crash. Margin rules in 1929 allowed investors to pay only a tenth of the purchase price ... stock in the Radio Corporation of America, the Internet stock of its day, soared 394% in 1928, from $85 to $420. But an investor buying on thin margin could have put down just $10 a share and seen returns of 3,400 percent."

Posted at 7:15, GMT

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