I’m taking two classes at Wharton - Introduction to Management and Managerial Accounting. I think I’ll learn a lot from them, but I have been pretty exhausted lately with all of the work. I kind of feel like I am constantly working. Even when I take some time to read the latest news on the internets - it is still work so that I can keep up with what’s going on.
There is so much I want to do. I wish there were 48 hours in a day or that I could think and move twice as fast. Maybe in 20 years - with the exponential increase of technology - I’ll be able to think and move twice as fast as I do now. I kind of think something like that will happen.
I have all of these ideas and things I’d like to work on, but I haven’t found the best way to manage my time. Maybe the classes will help with that.
I was down about 5% in January with my swing trades. Nothing was happening on that front - I didn’t see or catch any nice moves long. I have only been looking long with position trades. But some of the charts are looking better as I scanned through them today. I like CIM, TITN and a few others. GEOY bounced right back after stopping me out.
I don’t have a car so I biked 10 miles to meet the guy who is giving us a home inspection on a house that we have agreed to buy - as long as the inspection shows no problems, which it didn’t. There were loads of problems. Tons and tons and tons of problems with the house, which will cost thousands and thousands of dollars to repair.
I think the Dalai Lama is pretty smart. Here is a quote from my off-the-wall-dalai-lama-calendar:

There is almost no area of human life today that is not touched by the effects of science and technology. Yet are we clear about the place of science in the totality of human life- what exactly it should do and by what it should be governed? This last point is critical because unless the direction of science is guided by a consciously ethical motivation, especially compassion, its effects may fail to bring benefits.

Lately I have kind of come to the conclusion that our purpose is to figure something out. We are The Genetic Algorithm. We are solving something. I don’t think we’ll solve it until after The Singularity, so it isn’t really worth thinking about what that solution might mean or be. Yet. But our technology is building upon itself and our knowledge is growing larger faster. We are improving on ourselves quickly and moving towards something. We all have this desire to strive and be better and to accomplish and it supports humanity to move closer to The Solution.
What else would be the point? And if there is no point, why isn’t there a point? It just seems like we have been built to solve - we can’t stop this growth of our knowledge and we don’t want to. We want to know more.
I’m not convinced this is true - but it is my best guess when I think about it all logically. It seems to make the most rational sense.

I’m hearing a lot of doom and gloom about the market. Whatever. I hear that noise every once in a while.
What does it matter what other people say? The only thing that matters is what I think and how I trade - at least to me.
Maybe not to you guys.
I haven’t opened a position yet this year. I don’t see any nice setups. I’ve noticed it is a lot easier to have patience when you are swing/position trading. When I was day trading, I was always antsy to trade.
And I don’t like holding shorts overnight.
We have started testing the Damn Thing 2.0 this week. We will probably start live trading soon, which is exciting. The Damn Thing 2.0 has more than 20-1 leverage at the prop firm and super low commissions. It’s hard to refuse something like that. We should be able to make something work - a little side cash at least.
We’re using a new trading platform, with a nicer API - so hopefully things will go more smoothly this time.
I just finished Marooned in Realtime and thought it was great - Vernor Vinge is awesome.
I start classes at Wharton in a couple of weeks through the Entrepreneurship Certificate Program.

Dear Diary,
MHS is a very attractive stock. It is one of those that you can tuck away in a retirement account and keep forever. I noticed this while looking over the “bullish movers” scan that I made a while ago and at least one other guy finds useful.
Every weekend I run a scan that produces a list of hundreds of stocks that meet a specified criteria of my choosing. From that list, I go over the charts and other data and pick the ones that I would consider purchasing. I put these stocks into a Watchlist. Every day, after the market closes, I go through all of the stocks on this Watchlist. If there are any that look attractive enough for me to consider buying the next day, I will write them down and bring them to work with me.
Every morning at work, I open up a tab in firefox with my IB account webtrader. If they are not already, I will add the stocks I am watching to my IB watchlist, so I can watch the real-time data. I occasionally take a look at this tab thoughout the day to see what is going on. If any of the stocks are moving the way I had hoped, I will buy them and put in a stop order.
I haven’t bought anything lately.
Did GEOY make a new all-time high today? Nice comeback.
I am glad SRS was up over 7% today because I am looking to buy a house.
The Dalai Lama daily calendar for today is pretty wise:

As human beings we all want to be happy and free from misery… We have learned that the key to happiness is inner peace. The greatest obstacles to inner peace are disturbing emotions such as anger, attachment, fear, and suspicion, while love and compassion and a sense of universal responsibility are the sources of peace and happiness.

Last week I meditated every day and it felt great. I need to get back on track.
I cut my resveratrol intake to one 500mg capsule every other day after Tom had some medical problems and I read about other side-effects. I haven’t noticed any negative side-effects, though.