Analysts Are Such Dicks

A tremendous collection of documents relating to the failed Lehman Brothers has been placed on line by the NY Fed. I am not entirely certain why they are online. The consensus seems to be that the winner of the day is a piece titled Bruised, Not Broken, Poised For Profitability which is a piece by…

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Spotted This Headline

Nasdaq-100 Has Biggest Advance in 2012 as Apple Jumps The Nasdaq-100 Index jumped 2.7 percent to 2,709.62 at 4 p.m. New York time. The Standard & Poor’s 500 Index added 1.4 percent to 1,390.69. The Dow Jones Industrial Averagerose 89.16 points, or 0.7 percent, to 13,090.72. Apple (AAPL) is not a member of the 30-stock gauge. About 6.8…

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For Geeks Only

I noticed this in the footnotes of this article – The Crisis of Big Science In his recent book, The Infinity Puzzle (Basic Books, 2011), Frank Close points out that a mistake of mine was in part responsible for the term “Higgs boson.” In my 1967 paper on the unification of weak and electromagnetic forces, I…

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What Do You Believe?

Step 1. How to deal with losses. Losing traders believe. Losses are a reflection of their self worth. For example if I originally had $10,000 in my trading account and that amount has degraded to $5,000 then as a losing trader I believe that my worth as a person has been halved. Losses are permanent…

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Yes….You Can Be That Stupid

IN THE BEGINNING, GOD CREATED DINOSAURS and humans, and they walked together in Texas.   Need I say more about the emergence of a new dark age….. More here – only if you want to be depressed at how dim people can be. At least, according to many people in Glen Rose.  

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How Depressingly True…..

To the shock of most sentient beings, Facts died Wednesday, April 18, after a long battle for relevancy with the 24-hour news cycle, blogs and the Internet. Though few expected Facts to pull out of its years-long downward spiral, the official cause of death was from injuries suffered last week when Florida Republican Rep. Allen West…

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