“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 –

This is some funny stuff:

SUNY Downstate researchers have discovered a molecular mechanism that controls memory. By inhibiting the enzyme, scientists were able to “erase a memory that had been stored for one day, or even one month.” If I remember correctly, this is similar to what they did in Eternal Sunshine of the Spotless Mind.

The enzyme molecule called “protein kinase M zeta” preserves long-term memories through persistent strengthening of synaptic connections between neurons.

Maybe taking some protein kinase M zeta in your tea every morning will help your trading. I wanted to post it here so that I wouldn’t forget about it.

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,
Based on yesterday’s trading, the following stocks are worth noting:

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“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 –

Shi Yongxin, the abbot of the famed Shoalin Temple, has created a stir by accepting a $125,000 luxury car for his “services for tourism.”

“I will try my best to promote martial arts to the world in an attempt to boost local tourism. I dream of getting a bigger prize next year,” Shi said when he received the car a week ago, according to the Xinhua news agency.

Similarly, Mother Teresa was given a limousine in 1964 from Pope Paul VI, which she “immediately raffled to help finance her leper colony.”

Computer programs at Thomson Financial write company earnings stories in 0.3 seconds.

“This is not about cost but about delivering information to our customers at a speed at which they can make an almost immediate trading decision,” said Matthew Burkley, senior vice-president of strategy at Thomson Financial.

Mr Burkley said the computer-generated stories had not made any mistakes. But he said they were very standardised. “We might try and write a few more adjectives into the program,” he said.

Thiings are looking more and more like Terminator 3.

Today was the first day of the rest of my trading career. I followed my system very carefully.
I got GOOG above the 10:30 candle:

The 10:30 candle was so thin that I didn’t buy as many shares of GOOG as I would usually like to risk. I try not to allow one position to be too large (just in case something horrible happens), and my position in GOOG was at the maximum. Still the R value (dollars risked) on this trade was only about half of what I’d like it to be.

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,
There are a lot of important “keys” to trading, but one of them is definitely to not be afraid of losing. I agree with Mandeep that at least part of the reason for my poor performance this month was due to fear of losing.
Based on Friday’s trading, the following stocks are worth noting:

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