Monthly Archives: October 2008

The Race To The Bottom Continues

Posted on October 28, 2008 by Tom

Another brutal selloff yesterday but we’re getting close to my target zone.  My daily timing model issued a few BUY signals last Friday and the volatility indicator breached 7.  Crazy. I’m curious to see what my weekly timing model says … Continue reading →

Posted in 401K, Economy | Tagged , | 2 Comments

Buying A Bank Owned Property

Posted on October 24, 2008 by Tom

Now’s a good time to buy a second property, if you can get a loan IMHO.  I have never seen the banks littered with so many bank owned properties, ever.  Don’t know where to find them?  Have a look here.

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Governments Make You Poor

Posted on October 23, 2008 by Tom

Argentina set up a national retirement system back in the 90′s and I’ve read numerous reports on how wonderful it is because it helps Juan six-pack not worry about the future.  The Government is looking out for those unfortunate people … Continue reading →

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Now Its Earnings

Posted on October 22, 2008 by Tom

First it was the credit crisis, now its earnings.  When will it stop? Tokyo’s Nikkei 225 tumbled 5.9% to 8,796.10 points in early afternoon trading, as investors nervously anticipated a season of modest to dismal earnings reports and outlooks. Earlier, … Continue reading →

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Another Sell Signal?

Posted on October 20, 2008 by Tom

This just in.  My timing model issued another SELL signal.  I think we’re setting the stage for another leg down.  I sure hope not but I follow my model religously.  My ultimate target is 700 on the S&P500 but we’ll … Continue reading →

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Bailout Fading?

Posted on October 15, 2008 by Tom

Trading Forex is a lot like watching Nature.  Its all about the survival of the fittest.  Often when banks intervene in a currency to halt its slide or stop its appreciation, the result is an outlier in the overall trend.  … Continue reading →

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An Introduction To Rapidminer Webcast

Posted on October 15, 2008 by Tom

I’ve been thinking of holding a “Introduction to Rapidminer” webcast.  Can any of my readers suggest a good webcast tool (free or pay)? I don’t have any date in mind but it will have to either be before my vacation … Continue reading →

Posted in RapidMiner, Tutorials | Tagged , | 6 Comments

Buying Jewerly With Only Paper

Posted on October 14, 2008 by Tom

Lately I’ve been watching Youtube videos of Derren Brown, a UK mentalist.  He uses techniques of pyshcology, hypnosis, and I believe neuro-linguistic programming (NLP) to trick people’s minds.  His main goal is to show people how charlatans, psychics, and other … Continue reading →

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Goodbye Las Street

Posted on October 14, 2008 by Tom

Or did I mean Wall Vegas?  Now that its after the fact, everyone wants to take the Las Vegas out of Wall Street and return to a kinder and more advisory role for clients. But to do so, you’ll have … Continue reading →

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The Road To Serfdom Continues

Posted on October 13, 2008 by Tom

We took a big step toward nationalization this weekend as the Federal Reserve and Great Britain decided to inject taxpayer money into the banking system to stabilize things, emphasis mine. Before markets opened in Europe, a statement from the Federal … Continue reading →

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Rapid-I Meeting

Posted on October 13, 2008 by Tom

I had the pleasure of meeting Ralf Klinkenberg, founder of Rapid-I, this weekend in New York City.  He was in town finishing up the first set of Rapidminer training courses and he dropped me an email to see if I … Continue reading →

Posted in RapidMiner | Tagged | 6 Comments

Random Thoughts

Posted on October 10, 2008 by Tom

After a week like this, I’m glad the weekend is here.  I need time to relax and not think about this imploding market.  Although things are really bad out there, and will likely get worse before its over, I’m pretty … Continue reading →

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