Thoughts about the markets, automated trading algorithms, artificial intelligence, and lots of other stuff

  • The Rhythm of Writing

    Writing_250_p
    Here is a trick I use to write better and more naturally. It is called "timed writing" and it has been easy and effective for me. This post will briefly describe how it works.

    First, pick a song to listen to while doing the exercise. Then I get a piece of paper and a pen. When the song starts, begin writing. Don’t type or use a computer. Don’t pause, don’t stop. Don’t think. Don’t correct your spelling or grammar. Just write. If you can’t think of anything else to write write whatever you say to yourself; even if it is "what should I say here?" But, don’t let the pen stop writing until the song stops.

    Second, use another song to review what you wrote. When I do this step, I cross-out things I didn’t like. I make notes, annotations, draw lines connecting one paragraph to another, insert comments or write trigger words. Sometimes I outline a different idea flow. But I don’t stop until the song stops. This is a great time to check the intention and attitude of the piece. Sometimes I look at a paragraph and ask myself "what is this supposed to say?" And I write the answer. It is often a great headline, lead-in, or summary. When the song is over, I often take a break to clear my head.

    The next step looks similar to the first. Put on a song, and re-write the whole thing … from the beginning … with the new structure, comments and whatever else comes out in the process. By this step, the piece is usually dramatically better than it was the first time. However, a few more changes often happen when I re-enter the piece into the computer.

    Handwriting seems to access different parts of the brain and creative process than typing does.  Somehow the combination works for me.  Try this and let me know what you think.

  • The Rhythm of Writing

    Writing_250_p
    Here is a trick I use to write better and more naturally. It is called "timed writing" and it has been easy and effective for me. This post will briefly describe how it works.

    First, pick a song to listen to while doing the exercise. Then I get a piece of paper and a pen. When the song starts, begin writing. Don’t type or use a computer. Don’t pause, don’t stop. Don’t think. Don’t correct your spelling or grammar. Just write. If you can’t think of anything else to write write whatever you say to yourself; even if it is "what should I say here?" But, don’t let the pen stop writing until the song stops.

    Second, use another song to review what you wrote. When I do this step, I cross-out things I didn’t like. I make notes, annotations, draw lines connecting one paragraph to another, insert comments or write trigger words. Sometimes I outline a different idea flow. But I don’t stop until the song stops. This is a great time to check the intention and attitude of the piece. Sometimes I look at a paragraph and ask myself "what is this supposed to say?" And I write the answer. It is often a great headline, lead-in, or summary. When the song is over, I often take a break to clear my head.

    The next step looks similar to the first. Put on a song, and re-write the whole thing … from the beginning … with the new structure, comments and whatever else comes out in the process. By this step, the piece is usually dramatically better than it was the first time. However, a few more changes often happen when I re-enter the piece into the computer.

    Handwriting seems to access different parts of the brain and creative process than typing does.  Somehow the combination works for me.  Try this and let me know what you think.

  • Market Commentary as of May 2, 2008

    The Bad News:

    The Good News:

    Somehow the market is finding a way to rise.  It is often tough to remember, yet price is the primary indicator; and it is going up.  That is a good sign, especially during periods of apparent bad news.

    This was another solid week for the major Indices, with virtually every index taking out their respective downtrend-lines for the week. Barron’s called it the best finish of 2008.

    The S&P 500 finally closed above the 1400 level for the first time since early January. If it holds, that upside breakout moved the S&P 500 out of a three-month trading range into an intermediate recovery.  The next major test likely will take place at its 200-day moving average and a trendline drawn over its October/December highs.

    Here is a similar chart of the NASDAQ.

    080502_nasdaq_resistance

    Please answer the poll below.

  • Market Commentary as of May 2, 2008

    The Bad News:

    The Good News:

    Somehow the market is finding a way to rise.  It is often tough to remember, yet price is the primary indicator; and it is going up.  That is a good sign, especially during periods of apparent bad news.

    This was another solid week for the major Indices, with virtually every index taking out their respective downtrend-lines for the week. Barron’s called it the best finish of 2008.

    The S&P 500 finally closed above the 1400 level for the first time since early January. If it holds, that upside breakout moved the S&P 500 out of a three-month trading range into an intermediate recovery.  The next major test likely will take place at its 200-day moving average and a trendline drawn over its October/December highs.

    Here is a similar chart of the NASDAQ.

    080502_nasdaq_resistance

    Please answer the poll below.

  • Do you like a good cup of coffee?

    Senseo_250pI use a Senseo … and I love it. Great coffee or tea, a cup at a time, when I want it, with no clean-up.

    Last week I got an e-mail from the company that makes these gourmet coffe machines. As a marketing experiment, they are giving away the Senseo to "influencers." To get yours, follow the link and let them know that you like tea and coffee and that you don’t yet have a single-serving coffee maker.

    This is the link to get your Senseo.

  • Do you like a good cup of coffee?

    Senseo_250pI use a Senseo … and I love it. Great coffee or tea, a cup at a time, when I want it, with no clean-up.

    Last week I got an e-mail from the company that makes these gourmet coffe machines. As a marketing experiment, they are giving away the Senseo to "influencers." To get yours, follow the link and let them know that you like tea and coffee and that you don’t yet have a single-serving coffee maker.

    This is the link to get your Senseo.

  • Loonie Commentary on the Dollar

    Canada_cocky_loonie Funny thing happened to me in Canada this week as I got off the plane and exchanged some money. I gave them $140 US – and they gave me $126 Canadian. Huh? That’s Loonie.

    As the Fed hints it may stop easing and the dollar may be bottoming,  an article on Bloomberg notes that "futures traders are betting for the first time since December 2005 that the dollar will gain against the euro."

  • Loonie Commentary on the Dollar

    Canada_cocky_loonie Funny thing happened to me in Canada this week as I got off the plane and exchanged some money. I gave them $140 US – and they gave me $126 Canadian. Huh? That’s Loonie.

    As the Fed hints it may stop easing and the dollar may be bottoming,  an article on Bloomberg notes that "futures traders are betting for the first time since December 2005 that the dollar will gain against the euro."

  • Market Commentary from April 25th

    Bull_and_bear_3dmarketabstract
    We’ve talked about the "line in the sand" (where the bulls and bears are battling at the 1400 level in the S&P 500 index). Well, at the end of this week, we’re still at the same place.

    The emotional momentum of last week has faded some, however the market held up nicely in the face of additional bad news this week. From my perspective, that’s a positive sign.

    I expect a bunch of smaller traders to short the 1400 level into Tuesday’s Fed meeting.  It seems like a safe trade.  So, while a "correction" downward wouldn’t surprise me here; I am not bearish.  In fact, I think a move above that level would trigger a rash of buying (both organic and short-covering) … and is thus more likely.

  • What is a Dollar Worth?

    Crying_dollar_sagging_economy_2
    The Fed meets this week to discuss the manic-depressive nature of our economy. If you are a glass-half-full type of person you could worry about both Recession and Inflation.

    From a trader’s perspective, though, the markets have been trading much better.

    On a related note, I heard lots of talk among traders this week about the Dollar potentially putting in a bottom. We’ll see.

    While I was researching this, I found a site that makes it easy to calculate the affect of inflation. Click the following link to see
    What Is A Dollar Worth?

    There is a fill-in-the-blank calculator that lets you figure-out things like: if you bought a house for $ 54,000 in 1973, then it would cost $262,000 in 2008 dollars. Check it out.