Chris Taylor put together a list of possible outcomes of Google. One is that Google becomes God. He writes with humor, but it is not a joke. He quotes the Dyson article that I referenced earlier, and interviewed Ray Kurzweil who “suggested that Strong AI (an intelligent program capable of upgrading its own code) would emerge from Google-like data mining rather than a robotics lab.”

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

– Click here for today’s full list –

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

– Click here for today’s full list –

Good morning, my name is Ugly, and I am a loser. I have it in me to do serious financial damage to my account.

Dear Diary,
Here are some of my first thoughts about trading:
It is hard work. I didn’t expect it to be so mentally draining. It is very similar to playing in a chess tournament. Your brain is mush at the end of the day. That is when I usually go for a walk and try not to think of anything at all.
I get nervous easily. I hope that this will become less so as I become more used to it. Yesterday I noticed that my hand was shaking when I went to move the mouse.
It is impossible to watch every stock in the market. A trader has to come up with some way of generating a short list of “stocks to watch.” I’m trying to get this down - I have the problem of making my list too large.
In order to trade from home, you need a backup computer, ISP, and power supply. Either that or you need someone to call if your computer, ISP or power goes out. You also need more than one monitor.
I think one of the most important things about trading is how you deal with your losses.
You need a system that makes it hard to lose.

Don’t forget to vote for the stock market blog remainder contest!

* user agreement — how to use ugly picks

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

– Click here for today’s full list –

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

– Click here for today’s full list –

I have received a few questions regarding the contest.
You do NOT want votes. The blog with the most votes is voted off each week. The last blog remaining is the winner.

Good morning, my name is Ugly, and I am a loser. I have it in me to do serious financial damage to my account.

Dear Diary,
The markets got kicked in the nuts pretty hard on Friday. Similar sell-offs happened in the beginning of January ‘05 and in January ‘04. In the previous years, they marked at least 6-month tops on the Nasdaq. That is to say it took at least six months to rebound and make a higher high. It takes time to recover from a hit like that - it leaves an impression.
One of the market’s leaders, GOOG, also got nailed.
Both GOOG and the Nasdaq closed below their 50dmas.

What a week to start trading for a living! I think it is kind of good, though. A reminder that the market is wild by nature and out for blood. Proceed with caution.
A friend of a friend, who is a trader of futures, gave me some advice as I begin to trade full-time. He said, “You are never as good or as bad as you think you are.”

Don’t forget to vote for the stock market blog remainder contest!

* user agreement — how to use ugly picks

Congratulations to the 20 new contestants of Remainder, Season 2. They are:

Alchemy of Trading II
Between the Hedges
Bill Cara
Catablast!
Fallond
Fickle Trader
Footnoted.org
JALOTI
Kirk Report
Knight Trader
Learning Curve
MaoXian
Random Roger
Solitaire Trader
Stock Bandit
Stockbee
Technically Speaking
Trader Mike
Trader-X
Visual Trader

Each Sunday the blog with the most votes will be elminated. The last blog remaining will win. Good luck!

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

– Click here for today’s full list –