Jason had a good question today:

Do you know what the highest ATH # is?

I looked into it and here are the highest and lowest number of all-time highs on top of the chart of the QQQQ:

The highest number (for the 2 years I have been keeping track) was 754 on Feb 1, 2007 and the lowest was 18 on August 16, 2007.

I’ve been watching OMPI for a nice low-risk spot to enter, but it hasn’t happened yet. It has good earnings growth and a nice-looking chart:

What also interests me is that insiders own 73% of the company.

“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’m ready to begin position trading. Here are a few things I have been thinking about, when comparing position trading to day trading:

• I will make less trades, so I will pay a lot less in commissions
• My reward-to-risk return per trade should be much larger since I am making less trades (e.g. I hope to be making 20-30R on a winning trade instead of 2-3R
• One of my biggest concerns is that a position will gap against me. I’ll take as much precaution as I can to avoid this.
• I’d like to buy only strong charts of companies with strong earnings growth.
• Since I am no longer doing this for a living - but to build my wealth - I will have less pressure. This may be good for my trading, but it may also make me less careful.

• DecentURL.com
  (tags: www web2.0 programming url)
• Weather Map
  (tags: map web2.0 weather)
• Onion Store
  (tags: humor gadgets gifts tshirt)
• DateSpaces.com - Save the Date!
  (tags: web2.0)

“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 –

• The War Tapes - Wikipedia, the free encyclopedia
  this was great
  (tags: movies iraq war)
• Making Ajax Elegantly Fast
  (tags: web2.0 programming ajax)
• Part I: The Blow-Up
  In Wall Street’s summer of scary numbers, all eyes were on the mathematically trained financial engineers known as “quants.”
  (tags: quant Finance trading toread hedgefunds)
• Boston Red Sox - Jordan’s shoppers sitting pretty if Sox win
  Jordan’s Furniture out millions. Too bad for them the Indians choked.
  (tags: buffet baseball)
• Pandemic test undertaken by financial services paints dire scenario
  Financial services firms used ‘paper planning’ to assess, improve pandemic plans
  (tags: health Finance economy)
• Technology Review: Next-Generation Sports Doping
  New drugs in clinical trials for muscle-wasting diseases could become the next big thing for athletes. [and traders!]
  (tags: health drugs)
• Source of ‘optimism’ found in the brain
  (tags: depression brain happiness health toread psychology)
• The future is here right now, if you can read the signs - Business
  And if we accept that Moore’s law (that the number of transistors on a chip should double every 18 months to two years) will continue, somewhere between the years 2020 to 2035, artificial intelligence will equal human intelligence and by definition, it wi
  (tags: futures google singularity ai)
• Hand-held supercomputers ‘on way’
  (tags: computers hardware Technology futures)

My wife is a nutritionist and the cover story of the September 2007 Journal of the American Dietetic Association is “Nanotechnology: The future of dietetics at one-billionth the size.” I was so happy to see this. Now my wife has to take my ramblings of the future and the Singularity a little more seriously. And I was also glad to see this on the cover because I feel like it means we are closer to this future. If “the premier source for the practice and science of food, nutrition, and dietetics” is putting it on the cover, then nanobots in the blood is becoming reality and is no longer the ramblings of a crackpot futurist.
Ray Kurzweil often mentions that scientists have already designed a nanobot the size of a red blood cell that will allow you to run a marathon without taking a breath, or to sit at the bottom of the swimming pool for hours. Or when your heart stops beating, you will be able to wait a couple of days before calling the doctor. This nanobot has already been designed - we just do not yet have the tools to create it (or at least no one has publicly admitted it).
But the technology is not far off at all.
If you don’t believe me, check out this article about a microscopic robot that has been produced to travel through and clear arteries:

Once inside a blocked artery, it is able to release drugs to dissolve blood clots, which are often the cause of heart attacks.

The robot has three short front legs and three longer back legs which are attached to a central rectangular body.

By attaching grafted heart muscle to the legs, the scientists found the legs would bend as the muscle cells contracted. The cells get their energy from sugar in the patient’s blood.