The subversive Style Council at their best… Stalinist architecture in Warsaw … I did my junior year abroad in Harbin (China), and the main building at the Harbin Institute of Technology looks similar to the one they feature in the video.
Dead Link City
Found an old angelfire !! web page with spiral binder background titled “Day Traders.” It has four sections with links under each. Let’s see how many web pages survive:
Useful Day Trading Tools
7 links total, 1 to a dead etrade page (did EGRP buy DLJ Direct? Something weird happened when CSFB bought DLJ … OK, “TD Waterhouse is to buy online broker DLJdirect from Credit Suisse First Boston (CSFB) for an undisclosed sum.“), the rest re-direct to the marketwatch main page, which is still around.
Message Boards & Chatrooms
9 links total, 9 now dead (100%)
Day Trading Education
8 links total, 6 now dead (75%) daytradersbulletin lives on, sort of, though “Note: The Daytrader's Bulletin Real-time Signals Service is no longer operating.“
Useful Day Trading Sites
4 links total, 3 now dead (75%) tradersworld lives on!
Stock Du Jour, Wed. Apr. 15, 2020, APDN
Applied DNA Sciences Inc (APDN) was the stock du jour … it did 76,800 trades and $119MM in dollar volume. There was also a latecomer HTB (hard-to-borrow), UAVS, which was a sub-dollar so off my radar, and the bookie broker didn’t have shares of it available anyway, but it did 124,000 trades — I didn’t trade it.
I paid 5.94 cents per share for APDN and have included my trade at the end of the recording.
Ozark S03 E10 Curse Count
I tried to watch Ozark season one years ago and didn’t like it. Twitterers said season three was amazing, especially the last episode, so I just watched it and wasn’t thrilled … lots of portentous piano and violin music, capped off with an act of violence that made me flinch (wearing headphones didn’t help).
I thought I’d do a curse count for the episode, so here it is:
“fucking, fucking, fucked, fucking, fucked, fucking, fucking, fucking, fucking, fucked, shit, bullshit, fuck, fuck you, fucking, fucking, fucking, fucking, fucking, fucking, fucking, fuck, fucking bitch, fucking, fucking, fucking, fucking, fucking, fucking, fuck, fuck, fucking, bat-shit, fucked, fucking“
Filling in the Holes
Linda Raschke teaches class, listen to her every word closely.
“The concept of filling in the holes, or the areas where there was a little bit too fast of a mark-up or a mark-down, the market needs to come back to test those, and say ‘are you sure? really? really? are you sure? ok, all right, we’re sure, we really do want to move off in that direction.’”
Impulse moves … single print areas … one-way trading … I call it ‘opening a window’ too.
Stock Du Jour, Tue. Apr. 14, 2020, SONN
I’ve picked Chanticleer Holdings (SONN) as the HTB (hard-to-borrow) du jour; it did 108,000 trades on the day. AIKI was also in-play and did 149,000 trades, but it is on the Regulation SHO Threshold List and my bookie broker had no shares available to borrow. Somewhat predictably, AIKI dropped a midday offering, during a trading halt no less, though without a borrow I could not get involved beforehand.
NURO was a latecomer nanocap HTB and did 94,500 trades. WORX and ICD were both “Day Two” plays and I did short ICD. The borrow cost for ICD was 4.97 cents, for SONN was 5.93 cents, and NURO was all over the place so I paid between 3.57 cents and 9.7 cents a share.
Watch the video in slower motion using YouTube’s speed controls. Pause it, rewind it, watch at slow speed then at normal speed, etc. for all key points on the chart. The CQC column on the far right shows the cumulative quote count for the chart range (also useful to study). I’ve included my winning executions at the end of the video as always. Go full screen, 1080p. Enjoy!
Stock Du Jour, Mon. Apr. 13, 2020, WORX
SCWorx Corp. (WORX) was the stock du jour, doing 361,000 trades … ICD came in second with 108,000 trades … CANF was on my radar early on and I did trade it, but it only did 39,000 trades by end of day. All three of these microcaps were hard-to borrow and I paid 7.97 cents for WORX ($797 per 10,000) and 6.5 cents for CANF ($650 per 10,000). You need to have a lot of confidence in your ability when you pay these kinds of fees upfront. (ICD was $537 per 10,000.)
WORX was a runaway, there was a good spot to get long after 10 AM, but of course I missed it and was stalking it short all day — have to “make back” those borrow fees after all! There was a very tricky spot at 14:45, it looked like it was going to break, but zing, straight back up. Slow the tape down, pause it, rewind it, study it at that point. (It’s also the thumbnail image for the video). Anyone who was shorting the usual “holes” got run over. I fortunately was unharmed, but this thing was a widow-maker for sure.
I was finally able to short WORX near the close and also once after hours … my executions are included at the end of the recording. Make sure to watch in 1080p, full screen, so that it’s clear.
Movies Watched -- Night Moves (1975)
99 minute running time … dumb story, convoluted, badly paced, uninteresting mid-life crisis adultery as side story … bad mid-70s vibe … only positives were a number of bra-less women and Melanie Griffith at age 16 or 17 (nude scenes shot when she was 18). Wouldn’t recommend it though John Farr liked it, and wrote “Vastly underrated, it merits re-discovery.“ No, it’s underrated for a reason — it’s amazing how awful most movies were in the 1970s.
Oh, l just think good, clean thoughts, like Thanksgiving ... George Washington's teeth.
Little Man Lost in the Wood
Jimmy Scott’s version of this old Gershwin(s) song is probably my favorite. The great Jimmy Scott… R.I.P.
One-of-a-Kind Zippo Armor Flame
This Zippo Armor Flame from March 2004 (C04) recently sold on eBay for $431.69. The eBay post said that it was from a Zippo employee, so I assume it’s a one-of-a-kind or from a very small production batch. I do collect Zippo Armor lighters, but did not participate in the bidding for this one, though it is a beauty:
