Its Friday

I was trolling through the online version of Rolling Stone the other day and came across their poll of the 100 Greatest Singers So I immediately went to see who was numbers 1 and 100 and found Aretha Franklin and Mary J Blige respectively and thought no argument there. Then I looked a little further…

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Risk

A mate of mine in the medical profession lobed this in my inbox. I believe Jobs also tried acupuncture, herbal remedies, psychics and colonic irrigation – all of them profoundly unsuccessful and basically bullshit. In reading about Steve Jobs’ death, I was disappointed to learn that after his carcinoid tumor (a rare type of malignant…

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Positive Contagion

I am not certain of its application to trading but I am certain there is one somewhere. Putting Like a Pro: The Role of Positive Contagion in Golf Performance and Perception Abstract Many amateur athletes believe that using a professional athletes equipment can improve their performance. Such equipment can be said to be affected with…

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Black Monday

Twenty four years ago in 1987 the Dow suffered its worst one day decline in history losing  508 points or 22% closing at 1738.. This was the final nail in the markets coffin as it had dropped 1010 points from its August peak. The bull market that followed was extraordinary in its gains. By the…

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Why?

Apropos of this article yesterday I found this  little piece – Episodes of extreme market volatility demonstrate the role of emotion-based trading in moving stock and commodity prices.  The internet stock bubble is an obvious example of emotions overtaking investors’ “common sense.”  More recently, the extreme moves of currency (e.g. USD) and commodity (e.g. gold and…

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