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InvestmentKirk's Market Thoughts
« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 Next » » Normxxx - Stats from this week: In response to Stats from this week: posted by Kirk:I think we are a bit jealous of how easy software types have it. As hardware types, we can’t reboot if we “let all the smoke out of the box.” We have to start over… I'm allowed! I basically converted to software in the '60s when being out of hardware rendered me obsolete and I had to make a career shift to an engineering field that required no prior knowledge! Even though I now consider myself more of a systems engineer (retired) than software, I retained a foot in software to the end, becoming an 'expert' in software (then, later, systems— which my group basically invented) process improvement (I have loads of credentials from the Software Engineering Institute, the Software Poductivity Consortium, etc.) I remember that troubleshooting hardware was all fun— fixing it, once the problem was found, was usually a pain. With software, coming up with a fix (that was not a kludge) was almost as much fun as troubleshooting! -- posted by Normxxx » stocktiger - cruel software story Once when on the support line with a software expert who had remote control of my work PC I found out how much she knew- she toggled some IP/TCP stuff and asked what I saw, I replied "Oh Sh_t, there is smoke coming out of my keyboard". The poor support "person" freaked and about had a cardiac arrest. Being a compassionate person I talked her down and explained software tweeking of IP addresses doesn't smoke a keyboard, only coffee spills, and since keyboards use very low voltages they usually just die, not physically smoke, hehe. I felt very bad later (winking).-- posted by stocktiger » stocktiger - Who's this? Too funny Kirk, lmao! I think its one of the 40k techs (not the 100k type) as a 60K engineer would get electrocuted attempting this, hehe. Got to love the ingenuity tho! Looks like downtown Bagdad so its probably a PhD engineer.-- posted by stocktiger » EPS - Who's this? In response to Who's this? posted by Kirk:
As a mechanical engineer, I will let you electrical / computer types draw your own conclusion. -- posted by EPS » pete2214 - Who's this? In response to Who's this? posted by EPS:It looks like the return key. You know the prompt to continue hit "return" -- posted by pete2214 » jjMcCoy - S&P500 Trend Chart In response to S&P500 Trend Chart posted by Kirk:Well, I am one of those few who have an "against the odds" opinion on the market this year. My target for late 2006, I am embarrassed to say, is > 2nd half eco. slowdown of growth. > reduction of inflation pressure. > Pause after FFR% hits 5.25% in Aug. > Pause to reflect slowdown and desire by Fed not to be an issue in critical off year campaign. > Out of ignorance of timing, I have been looking for 2006 to be a reasonably steady up year. > However, I am rather bearish for 2007. Continuing and faster economic growth is seen as leading to more short rate hikes to counter a -- posted by jjMcCoy » Normxxx - S&P500 Trend Chart In response to S&P500 Trend Chart posted by jjMcCoy:Actually 1400 for the end of the year is not out of line; I expect Q4 to make up for any dip we get over the summer and in the Fall, with maybe a little over. So far, 2007 should be a good year, but not nearly as good as 2003. You are a little ahead in your forecasts; inflation probably won't take off until 2008 and the markets won't likely fall apart until late 2009. ______________ The content of any message or post by normxxx anywhere on this site is not to be construed as constituting market or investment advice. Such is intended for educational purposes only. Individuals should always consult with their own advisors for specific investment advice. -- posted by Normxxx » Normxxx - Kudlow's 3 Bears In response to Kudlow's 3 Bears posted by Kirk:You forgot me! I am most definitely short term ??? The moves we've seen over the past few days have become increasingly more difficult for me to read. Part of this is due to a higher-volatility environment, but part of it also is just a large number of "fake" moves where traditional support and resistance don't seem to work as they typically do. I don't think there's anything inherently useful about previous highs and lows, other than that nearly everyone else watches them, many trades are based on them, and thus market activity around them tends to be relatively predictable. But, we haven't seen much of that predictability lately and, with the wide intraday moves, it makes it harder to have much conviction in betting on trades that last more than a few minutes (and, I am constitutionally not a day trader). My thinking has been that we'd get stuck in a trading range for a while. While we seem to have been, the normally reliable oscillators that help with trading within a range haven't worked well lately— the moves have been more extended than we normally see, while still staying within the range (that is, we stay within some of the ranges, but very ST, oversold and overbought tend to go off chart). The Dow today sliced through its May lows without even a hiccup, while the S&P, NDX and Russell 2000 were all able to maintain higher lows. If the Dow can pick up some interest and the other indexes are able to hold above yesterday's lows, we'll hear the usual suspects trumpeting the fact that we've had a successful retest of the May lows, which may be enough to bring in some more buying interest. I'd need to see some sustained trading (more than 1/2 hour) above today's highs to have some confidence in trying the long side again (thank God I closed out flat on Friday). I'm not really interested in trying to short right here, what with the May lows just underneath and the oversold nature of many of my intraday indicators...
The content of any message or post by normxxx anywhere on this site is not to be construed as constituting market or investment advice. Such is intended for educational purposes only. Individuals should always consult with their own advisors for specific investment advice. -- posted by Normxxx » Normxxx - Intermittent ColdFusion Error Intermittent ColdFusion Error I am experiencing an intermittent ColdFusion error when I try to post. Usually, I have just to wait a few seconds and then repost for it to go through. So, it does not seem to be related to anything coming from me. Timing problem? The web site you are accessing has experienced an unexpected error. 10 : Browser Mozilla/4.0 (compatible; MSIE 6.0; Windows 98) Opera 7.51 [en] Stack Trace: at cfa_user_init2ecfm359040979.runPage(C:\CFusionMX7\CustomTags\a_user_init.cfm:12) at cfApplication2ecfm1290609121.runPage(E:\InetPub\wwwroot\Application.cfm:14) coldfusion.runtime.Cast$BooleanStringConversionException: cannot convert the value "" to a boolean -- posted by Normxxx « Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Next » Please follow the guidelines set forth in the Suite101 Posting Etiquette when adding to the discussion. |
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