Leg Fetish

I’ve been too busy tinkering so, beyond twittering, I haven’t had the mindshare to blog. Sorry.

I think the stock market is in for another big leg down soon, not like the slide we’ve had lately but a drop of 500 pts or more in a day. One card Obama adminstration can play to stem or prevent the damage is the restoration of the up-tick rule.

I could be wrong, of course, so use your own judgement.

update on March 2nd at 10:41AM: Dow is at 6800 now, 200+ pts down but the volume is not there, just average so far, so this is not the massive volumn crash I was expecting. It’s as if hedge funds have changed their trading strategy from a disaster movie to suspense-building horror movie. Eerie. The only real support is still 300 pts away, btw, at 6500. There will be continued drama, of course. I’m just not sure what kind.

update on close March 2nd: So the market went down orderly in a straight line more or less with Dow closing down 300, S&P barely hanging on at 700 which makes it look bad. NASDAQ didn’t do too badly but volume was nearly 4x where Dow volume was about 1.5x. Spitting into the wind, downward pressure is still overwelming. I am done looking at the market for today. It’s time to look at some business plans and code.

a reminder to follow me on twitter: my tweets are mostly mindfart but look what I twitted last Thursday. 😉

Merry Christmas

Not much to be merry about but it’s the tradition so let’s be merry anyway. I tend to like end of the year because I tend to get moody and reflective which usually leads to creative thoughts.


I am refreshing my understanding of statistics. While it’s not my favorite part of math, I need to firm up what I know for an idea I am tinkering with. I spent most of last week revisiting NLP (natural language parsing) technology and business. In summary, nothing revolutionary technology-wise but blooming business intelligence application has fertilized the market wide and far. It’s still an imperfect technology but, thankfully, my interest is well within practical range.


Since my last post, base level moved up a level from DOW 8000 to DOW 8400 and less predictable (to me, at least). So I’ll be watching more and trading less except when extremes are reached.


I am hoping to have some news to share in January.