He had recently bought about $224,000,000 worth of DIA puts, which he just sold for a huge gain. Now he’s going long:

One thing I know is that starting tomorrow the shorts can get back in the market. I love shorts. Short create a foundation of demand for their positions. If a good company gets shorted, whether as a hedge, or because someone thinks the company will underperform, that short will need to be covered at some point. If the company outperforms, or the demand for the stock exceeds the supply, the price of the stock, like any baseball card, iwll go up. Which will provide incentive for the shorts to cover sooner than later. When that happens, the stocks go up. Shorts are good for the market. They make good companies go up in price.

• Amazon.com: The Hacker Crackdown: Law And Disorder On The Electronic Frontier: Bruce Sterling: Books –
• Check out this crook | The Sun |Home Scotland|Scottish News –
• Inspectd.com Leaderboard –
• Chartgame.com – The time-lapse stock trading game –

• SourceForge.net: Polyworld –
• TG Daily – ‘Unbreakable’ quantum cryptography hacked without detection using lasers –

• Netflix API Launches – I desperately want an iphone app that allows searching/adding to instant queue
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• Commentary: Bankruptcy, not bailout, is the right answer – CNN.com – I agree
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• washingtonpost.com: Stock Market Suffers Largest Loss in History as Dow Industrial Average Drops 508 Points – via twitter.com/TN
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• The Worst One-Day Percentage Losses for the Dow, S&P 500 and Nasdaq : Trader Mike –
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That’s right – 469 new all-time lows on a day when the DOW drops a record 777 points. I think this is an all-time high for the all-time lows (since I’ve been keeping track, two years ago). Yes, it blew away the old record of 196 set on August 16 2007. Some notable new all-time lows are Wachovia (WB), which dropped 81% today. Sovereign Bancorp Inc. (SOV) which dropped 72%. (Isn’t a reason to promote shorting is because it helps to stabilize crashes with short covering?) Nortel Networks Corp. (NT) also made a new low, as well as Blockbuster Inc. (BBI), CROCS Inc. (CROX), and many others.
But how many all-time highs? Well, it was an all-time low for the all-time highs with only 12. Some of these are short ETFs, too, which doesn’t really count. Congratulations to all shareholders of Hawaiian Electric Industries Inc. (HE), which made a new all-time high today. Also, Vital Signs Inc. (VITL), which “engages in the design, manufacture, and marketing of airway management products for the anesthesia, respiratory/critical care, interventional cardiology/radiology, and sleep disorder markets worldwide,” is doing fantastic.

• Hedgefinger: Where there’s a will there’s a way: How Clarium Coined It Despite the Crisis – About 71 percent of Clarium's assets, including positions established with borrowed money, was in U.S. stocks it expects to rise, compared with 36 percent a week earlier, according to the letter. The fund increased short positions on commodities, in anticipation that prices would fall, to about 14 percent of assets including leverage from 0.4 percent.
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• SPACE.com — Mysterious New ‘Dark Flow’ Discovered in Space – "The scientists deduced that whatever is driving the movements of the clusters must lie beyond the known universe."
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• A robot in every home? (Robot Special part 3) –
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• Scientists explore what happened before the universe’s theoretical beginning –
• Forbes 400: Zuckerberg’s paper wealth puts him ahead of backer Peter Thiel on Forbes list –
• 20080829090545.Palin, Sarah-08.pdf (application/pdf Object) –
• Red Wine Molecule Might Battle MS – Forbes.com –
• Seasteading, Switching Governments, and Boats: Off On A Sunday Tangent – When the cost of “switching governments” is low (much like when the cost of switching companies is low, like auto insurance), then governments could never get away with the nonsense they do now. The market would keep them in check.
• Japan hopes to turn sci-fi into reality with elevator to the stars – Times Online –
• Longevity Drug May Protect Against Radiation | Wired Science from Wired.com – The longevity drug resveratrol may also protect against radiation damage.
  Next we'll find out that it cleans carpets, too.
• The Great Schlep –
• Ban on shorting financial stocks sends betting soaring – Business News, Business – The Independent –
• Chinese Say They’re Building ‘Impossible’ Space Drive | Danger Room from Wired.com –

That is about half a dark chocolate bar per week (and it must be dark chocolate). Anything more and the health benefits disappear.

Researchers wanted to sweep all the doubts away. They took into account that chocolate lovers might consume other healthy food too, as wine, fruits and vegetables. Or they might exercise more than others people do. So the observed positive effect might be ascribed to other factors but not to cocoa itself. “In order to avoid this- researcher says- we “adjusted” for all possible “confounding” parameters. But the beneficial effect of chocolate still remained and we do believe it is real”.

• Trade the Picture –