Saturday, September 19, 2009
Francis W. Porretto - Eternity Road
Francis W. Porretto - Eternity Road: "THE STRANGER within my gate,
He may be true or kind,
But he does not talk my talk --
I cannot feel his mind.
I see the face and the eyes and the mouth,
But not the soul behind."
He may be true or kind,
But he does not talk my talk --
I cannot feel his mind.
I see the face and the eyes and the mouth,
But not the soul behind."
Obama’s Crashing and Probably Burning / Dr. Barack JEKYLL and Mr. Obama HYDE � Count Us Out
Obama’s Crashing and Probably Burning / Dr. Barack JEKYLL and Mr. Obama HYDE � Count Us Out
The backlash is sharp as voters learn that Obama is not the man they thought he was.
The backlash is sharp as voters learn that Obama is not the man they thought he was.
By Victor Davis Hanson
September 19, 2009
Friday, September 18, 2009
60-Second Science Blog Directory: Scientific American Blog
60-Second Science Blog Directory: Scientific American Blog: "At least some members of the Obama Administration plan to call for an end to fossil fuel subsidies as part of next week's G20 economic leaders summit, citing positive impacts ranging from improved energy security to combating climate change. But how much does the U.S. government pay? Well, according to a new analysis from the Environmental Law Institute released today, roughly $72 billion between 2002 and 2008.
More than $54 billion of that was in the form of 23 different tax credits for oil, coal and natural gas producers, including those overseas, most of which are permanent provisions of the U.S. Tax Code. Just $18.3 billion was grants and other direct cash for research and development and other pursuits, such as the Strategic Petroleum Reserve."
More than $54 billion of that was in the form of 23 different tax credits for oil, coal and natural gas producers, including those overseas, most of which are permanent provisions of the U.S. Tax Code. Just $18.3 billion was grants and other direct cash for research and development and other pursuits, such as the Strategic Petroleum Reserve."
Wednesday, September 16, 2009
See no Evil; Why Is the Media Refusing to Cover the Acorn Scandal? | The Hippo's Ass
See no Evil; Why Is the Media Refusing to Cover the Acorn Scandal? | The Hippo's Ass
Send a message or a twitter to the news outlets and tell them to get off their butts. Here is a list of media twitter addresses (thanks to Resist Tyranny Now)
Send a message or a twitter to the news outlets and tell them to get off their butts. Here is a list of media twitter addresses (thanks to Resist Tyranny Now)
ABC @abcnews
George Stephanopoulos @GStephanopoulos
Jake Tapper @jaketapper
CBS @CBSnews
Katie Couric @katiecouric
Mark Knoller @markknoller
CNN @cnn
Alexander Mooney @AWMooneyCNN
Anderson Cooper @andersoncooper
Allison Blakely @AllisonCNN
Don Lemon @donlemonCNN
J. Smith @JSmith_CNN
Kim Segal @CNNkimsegal
Kristie Lu Stout @klustout
Rick Sanchez @ricksanchezCNN
Saad Abedine @CNNSaadAbedine
Suzanne Malveaux @SuzanneMalveaux
Fox
Glenn Beck @GlennBeck (send him a thank you)
Huffington Post @HuffingtonPost
MSNBC @msnbc_breaking
Joe Scarborough @JoeNBC
Rachel Maddow @maddow
NBC @NBCnews
David Gregory @davidgregory
New York Times @NYTimes
Nicholas Kristof @nytimeskristof
Opinion @nytimesopinion
Politics @nytimespolitics
USA Today @USAToday
Public Chart Lists - StockCharts.com
Public Chart Lists - StockCharts.com
REQUIRED READING
http://www.zerohedge.com/article/correlation-sp-500-performance-fed-monetization-activities-start-qe
http://seekingalpha.com/article/160619-the-coming-consequences-of-banking-fraud?source=article_sb_popular
http://www.zerohedge.com/article/september-2009-fundamentallydisconnected
http://www.zerohedge.com/article/rosie-unemployment
http://pragcap.com/negotiating-the-w
http://financialsense.com/fsu/editorials/willie/2009/0820.html
http://english.caijing.com.cn/2009-08-20/110227359.html
http://www.zerohedge.com/sites/default/files/images/Deficit.PNG
http://seekingalpha.com/article/156712-how-to-tell-a-real-economic-recovery
http://www.minyanville.com/articles//8/11/2009/index/a/23985
http://www.blytic.com/Player.aspx?key=f45402a39fd24273abb5dacf527cad13
http://www.comstockfunds.com/default.aspx?act=Newsletter.aspx&category=SpecialReport&newsletterid=1473&menugroup=Home&AspxAutoDetectCookieSupport=1
http://seekingalpha.com/article/154641-july-same-store-sales-summary-no-boost-for-retailers
http://www.calculatedriskblog.com/2009/08/consumer-credit-declines-in-june.html
http://dailyoptionsreport.com/blog/post/fear-has-returned-to-the-building/
http://pragcap.com/sentiment-readings-send-up-warning-signals
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEigV-_du0KbFQjbOv-x1Tk12n2M2xSN0nhnN-NSpJzYy2rPaib7bb0Mgg_tvf58fZnb4Ey43iquc7YSFvWPUHuojeN5SoQQFdE4m2A2T4y-NZPwIQQSAAbnLmfulL7onliV-hKaBQ/s1600-h/DumbSmart%5B2%5D.png
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgJr8nRZvbFq9lKyjvj-lFoxaqKdXdEnION9ybxnCV5M1uZ7ibTQf6XicwA3OOW-IBa83at2aDOA-qd5H4enISDvu55FeAMSsu-CUUuITrSz7aWIAAqcfBTiiv99xRbeM1UITh9JQ/s1600-h/DumbSmartLong%5B2%5D.png
http://seekingalpha.com/article/153117-take-a-closer-look-at-q2-earnings
http://www2.standardandpoors.com/spf/xls/index/SP500EPSEST.XLS
http://seekingalpha.com/article/152877-why-gdp-stats-are-still-ugly
http://seekingalpha.com/article/152899-government-expenditures-help-mitigate-gdp-s-decline
http://www.zerohedge.com/article/money-sidelines-fallacy
http://www.zerohedge.com/article/cnbc-now-openly-misrepresenting-reality
http://www.cnn.com/video/#/video/bestoftv/2009/07/26/gps.recession.near.end.cnn
http://pragcap.com/wp-content/uploads/2009/07/dailybuy.jpg
http://zerohedge.blo
REQUIRED READING
http://www.zerohedge.com/article/correlation-sp-500-performance-fed-monetization-activities-start-qe
http://seekingalpha.com/article/160619-the-coming-consequences-of-banking-fraud?source=article_sb_popular
http://www.zerohedge.com/article/september-2009-fundamentallydisconnected
http://www.zerohedge.com/article/rosie-unemployment
http://pragcap.com/negotiating-the-w
http://financialsense.com/fsu/editorials/willie/2009/0820.html
http://english.caijing.com.cn/2009-08-20/110227359.html
http://www.zerohedge.com/sites/default/files/images/Deficit.PNG
http://seekingalpha.com/article/156712-how-to-tell-a-real-economic-recovery
http://www.minyanville.com/articles//8/11/2009/index/a/23985
http://www.blytic.com/Player.aspx?key=f45402a39fd24273abb5dacf527cad13
http://www.comstockfunds.com/default.aspx?act=Newsletter.aspx&category=SpecialReport&newsletterid=1473&menugroup=Home&AspxAutoDetectCookieSupport=1
http://seekingalpha.com/article/154641-july-same-store-sales-summary-no-boost-for-retailers
http://www.calculatedriskblog.com/2009/08/consumer-credit-declines-in-june.html
http://dailyoptionsreport.com/blog/post/fear-has-returned-to-the-building/
http://pragcap.com/sentiment-readings-send-up-warning-signals
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEigV-_du0KbFQjbOv-x1Tk12n2M2xSN0nhnN-NSpJzYy2rPaib7bb0Mgg_tvf58fZnb4Ey43iquc7YSFvWPUHuojeN5SoQQFdE4m2A2T4y-NZPwIQQSAAbnLmfulL7onliV-hKaBQ/s1600-h/DumbSmart%5B2%5D.png
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgJr8nRZvbFq9lKyjvj-lFoxaqKdXdEnION9ybxnCV5M1uZ7ibTQf6XicwA3OOW-IBa83at2aDOA-qd5H4enISDvu55FeAMSsu-CUUuITrSz7aWIAAqcfBTiiv99xRbeM1UITh9JQ/s1600-h/DumbSmartLong%5B2%5D.png
http://seekingalpha.com/article/153117-take-a-closer-look-at-q2-earnings
http://www2.standardandpoors.com/spf/xls/index/SP500EPSEST.XLS
http://seekingalpha.com/article/152877-why-gdp-stats-are-still-ugly
http://seekingalpha.com/article/152899-government-expenditures-help-mitigate-gdp-s-decline
http://www.zerohedge.com/article/money-sidelines-fallacy
http://www.zerohedge.com/article/cnbc-now-openly-misrepresenting-reality
http://www.cnn.com/video/#/video/bestoftv/2009/07/26/gps.recession.near.end.cnn
http://pragcap.com/wp-content/uploads/2009/07/dailybuy.jpg
http://zerohedge.blo
Liberal Rapture
Liberal Rapture
The persistence of the illusion that economists know anything is astonishing. Tuesday Mr. Bernanke, who apparently couldn't be bothered to warn anyone of the coming collapse last fall, said the economic recession is over.
Phew! That wasn't so bad. Bailout the banks by forcing a nation into decades of debt, print piles of cash and BANG! It's over! Whoo hoo!
Here's the dirty little secret Bernanke and his crew avoid: When they say the recession is over - they mean it's over FOR THEM.
The persistence of the illusion that economists know anything is astonishing. Tuesday Mr. Bernanke, who apparently couldn't be bothered to warn anyone of the coming collapse last fall, said the economic recession is over.
Phew! That wasn't so bad. Bailout the banks by forcing a nation into decades of debt, print piles of cash and BANG! It's over! Whoo hoo!
Here's the dirty little secret Bernanke and his crew avoid: When they say the recession is over - they mean it's over FOR THEM.
Liberal Rapture
Liberal Rapture: "The use of the word 'racist' has been so warped and abused since BHO came on the scene that soon it will be synonymous with being called:
*a patriot,
*a person of integrity
*a courageous American
*a person willing to speak truth to power,
*a person who refuses to be controlled and talked down to.
So go ahead - call me racist."
*a patriot,
*a person of integrity
*a courageous American
*a person willing to speak truth to power,
*a person who refuses to be controlled and talked down to.
So go ahead - call me racist."
Tuesday, September 15, 2009
CHARMING, JUST CHARMING: Doctors Vs Guns
CHARMING, JUST CHARMING: Doctors Vs Guns
(A) The number of physicians in the U.S. is around 700,000..
(B) Accidental deaths caused by physicians per year are 120,000.
(C) Accidental deaths per physician is 17.1%.
Statistics courtesy of U.S. Dept of Health and Human Services.
Guns
(A) The number of gun owners in the U.S. is 80,000,000. (Yes, that's 80 million)
(B) The number of accidental gun deaths per year, all age groups, is 1,500.
(C) Accidental deaths per gun owner is 0.00188%.
Statistics courtesy of FBI
So, statistically, doctors are approximately 9,000 times more dangerous than gun owners.
Remember,
'Guns don't kill people, doctors do.'
FACT:
NOT EVERYONE HAS A GUN,
BUT ALMOST EVERYONE HAS AT LEAST ONE DOCTOR.
Please alert your friends to this alarming threat.
We must ban doctors before this gets completely out of hand!!!!!
*** Out of concern for the public at large,
I withheld the statistics on lawyers
for fear the shock would cause people to panic
and seek medical attention!
Doctors Vs Guns
Doctors(A) The number of physicians in the U.S. is around 700,000..
(B) Accidental deaths caused by physicians per year are 120,000.
(C) Accidental deaths per physician is 17.1%.
Statistics courtesy of U.S. Dept of Health and Human Services.
Guns
(A) The number of gun owners in the U.S. is 80,000,000. (Yes, that's 80 million)
(B) The number of accidental gun deaths per year, all age groups, is 1,500.
(C) Accidental deaths per gun owner is 0.00188%.
Statistics courtesy of FBI
So, statistically, doctors are approximately 9,000 times more dangerous than gun owners.
Remember,
'Guns don't kill people, doctors do.'
FACT:
NOT EVERYONE HAS A GUN,
BUT ALMOST EVERYONE HAS AT LEAST ONE DOCTOR.
Please alert your friends to this alarming threat.
We must ban doctors before this gets completely out of hand!!!!!
*** Out of concern for the public at large,
I withheld the statistics on lawyers
for fear the shock would cause people to panic
and seek medical attention!
Sunday, September 13, 2009
Delftsman: Quote of the Day
Delftsman: Quote of the Day: "Even if you're on the right track, you'll get run over if you just sit there.
-- Will Rogers (1879-1935)"
-- Will Rogers (1879-1935)"
Wednesday, September 09, 2009
The Kirk Report � Blog Archive � 7 Questions
The Kirk Report � Blog Archive � 7 Questions
Q: On four different trades over the last month, I was in ahead of the crowd and in great position, only to lose confidence, get out at a loss, and then watch the things go up. I am scared now to trade and I need to take steps to boost my confidence. Will you consider this and make suggestions? Thank you so much.
A: You need to first take a detailed look at your stop loss strategy. When I hear these things, typically (but not always) it is because stops are set to tight and/or you’re trading extremely volatile positions. I would take the last 50 trades you made and were stopped out at loss in order to determine whether the stop strategy you are using (like one based on average true range) was effective. In addition, if you’re not using a consistent stop strategy in this regard (i.e. you are getting stopping out when you “feel like it or when it “looks good”) you need to start incorporating one right now. Being consistent here is important and will help improve your consistency overall.
As for your level of confidence, remember there’s no room for perfection in trading. Mistakes will be made and you will get stopped and chopped on good positions routinely if you’re doing a good job of managing your risk. After evaluating your stop loss strategy, I’d also look closely into how you position size and whether you are using any “scale-in” techniques. Both are integral parts of the process here.
Finally, the best way to restore confidence is moving onto the next trade once you taken time to fully analyze what has happened with your stop outs and you have established confidence in the exit strategy you use even with the whipsaws that are likely to continue to occur. If your methods are sound, four bad trades shouldn’t rattle your confidence unless they’re the only four trades you’ve made and the exit strategy is faulty by design.
Gary's Greatest Hits on Trading | Page 3 of 3 | Gary B. Smith | Financial Articles & Investing News | TheStreet.com
Gary's Greatest Hits on Trading | Page 3 of 3 | Gary B. Smith | Financial Articles & Investing News | TheStreet.com: "There is a golden equation of trading. This is it: (The win rate multiplied by profit percentage per win) -- (the loss rate multiplied by loss percentage per loss) = expectancy. Learn this equation. Learn that there is an infinite set of numbers that could yield a positive result. And an infinite set of numbers that could yield a negative result."
Gary's Greatest Hits on Trading | Page 2 of 3 | Gary B. Smith | Financial Articles & Investing News | TheStreet.com
Gary's Greatest Hits on Trading | Page 2 of 3 | Gary B. Smith | Financial Articles & Investing News | TheStreet.com: "I asked another student how many times he thought you had to be 'right' as a chart reader in order to make money. I'll bet his answer was the same as yours: 51%. But, of course, that's wrong. The correct answer is that there is no correct answer. You could be right 1% of the time and be filthy rich. How? Let's say I did 100 trades last year, and won once. However, that winner netted me a 200% gain. The 99 losers? I cashed out each for a 1% loss. See the interplay between win rate and gain per trade?"
Gary's Greatest Hits on Trading | Gary B. Smith | Financial Articles & Investing News | TheStreet.com
Gary's Greatest Hits on Trading | Gary B. Smith | Financial Articles & Investing News | TheStreet.com: "The most efficient way to turn a small amount of money into a large amount is through constant compounding. Even small percentage gains per day add up to big gains over time. I asked one of the students if he started with $5,000 and every trading day increased it only 0.5%, how much he'd have after five years. He guessed about $50,000. The answer is $3 million."
Sunday, September 06, 2009
John Fund Interviews David Walker: The Deficits Are Coming! - WSJ.com
John Fund Interviews David Walker: The Deficits Are Coming! - WSJ.com: "'Our $56 trillion in unfunded obligations amount to $483,000 per household. That's 10 times the median household income—so it's as if everyone had a second or third mortgage on a house equal to 10 times their income but no house they can lay claim to.' As for this year's likely deficit of $1.8 trillion, Mr. Walker suggests its size be conveyed thusly: 'A deficit that large is $3.4 million a minute, $200 million an hour, $5 billion a day,' he says. That does indeed put things into perspective."
Friday, September 04, 2009
Thursday, September 03, 2009
Lame Cherry: If Sarah Palin had been elected....
Lame Cherry: If Sarah Palin had been elected....: "If Sarah Palin had been elected,"
Subscribe to:
Posts (Atom)
