The life of a scientist.

Whilst this article pertains to the situation in the US you can apply it locally. Just throw in a total lack of funding, ferocious brain drain a political landscape dominated by lawyers  who don’t have the intellectual capacity to understand 99% of science and engineering do and you have the situation in Australia. The Real…

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What to do?

We have recently started a new mentor program and the new crew are quietly beavering away at their tasks. During this process the question was raised of what to do when you you have a position where price gaps beyond your stop. The stop in this instance was not automated so no immediate action was…

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Metals

Some interesting developments in metals. Palladium – stopped out after three month run. The entire bullmarket in palladium has thus far lasted since August last year. No signal to go short yet. High Grade Copper – tipped out last session – took off at the same time as palladium. The initial part of this trend…

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Lotto Loser?

To call Michael Carroll a loser or any other name that might be deemed appropriate for someone who manages to blow $15mil is an easy thing to do but in many ways it is a simplistic judgement. Certainly reading the article gives a sense of someone completely out of control. However, this is not an…

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Surprising fact of the day

Following the complete and utter implosion of the Irish economy – Some 300,000 new dwellings now stand empty in the Irish Republic, a number whose equivalent in the United States would be approximately 21 million. Unemployment is now 13 percent in Ireland; it would be higher if 5 percent of the working-age population (principally the…

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Where to next?

To be honest I don’t know, nor does anyone else despite what they might say. There is usually a substantial amount of nervousness when you have a major markets slip for two days in a row. However, this has to be put into context of the overall gains in the market post the GFC .…

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