12/30/2011

The Solfest Top 8 List for 2011

Top 8?

That's it?

Yes.

And, most of them have nothing to do with me.

Actually there would have been 9 but I left out Margaret Thatcher so as not to ruin LW's new years.

The Internet

I Hereby Decree

Atlas Shrugged Part 1

Skill

The Ascent of Money

We don't need no stinkin humans

For Immediate Release

'Higher Ground'

Have a happy new year and all the best in 2012.

12/29/2011

I have nothing further to say

So read this.

12/27/2011

Again and Again, I am Wrong

More proof that governments can create jobs.

When will I stop doubting this?

When will I learn that governments are the best stewards of our money?

How much proof do I need?

12/23/2011

Merry Christmas

This is still my favourite "flash mob". You can literally see the effect the song had on people.



If you need something to watch this Christmas you can never go wrong with the classics.





Ever notice the best movies are always about bankers. :)

Merry Christmas everyone.

12/21/2011

Meow



To bad they missed the part where the cat picks the kid up by the back of the neck and carries him to his crib.

Moo

Just in case there is anyone left on the planet who hasn't seen this.

SOCIALISM
You have 2 cows.
You give one to your neighbor.

COMMUNISM
You have 2 cows.
The State takes both and gives you some milk.

FASCISM
You have 2 cows.
The State takes both and sells you some milk.

NAZISM
You have 2 cows.
The State takes both and shoots you.

BUREAUCRATISM
You have 2 cows.
The State takes both, shoots one, milks the other, and then throws the milk away.

TRADITIONAL CAPITALISM
You have two cows.
You sell one and buy a bull.
Your herd multiplies, and the economy grows.
You sell them and retire on the income.

ROYAL BANK OF SCOTLAND (VENTURE) CAPITALISM
You have two cows.
You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank, then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows.
The milk rights of the six cows are transferred via an intermediary to a Cayman Island Company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company.
The annual report says the company owns eight cows, with an option on one more.
You sell one cow to buy a new president of the United States , leaving you with nine cows.
No balance sheet provided with the release.
The public then buys your bull.

SURREALISM
You have two giraffes.
The government requires you to take harmonica lessons.

AN AMERICAN CORPORATION
You have two cows.
You sell one, and force the other to produce the milk of four cows.
Later, you hire a consultant to analyze why the cow has dropped dead.

A FRENCH CORPORATION
You have two cows.
You go on strike, organize a riot, and block the roads, because you
want three cows.

A JAPANESE CORPORATION
You have two cows.
You redesign them so they are one-tenth the size of an ordinary cow and produce twenty times the milk.
You then create a clever cow cartoon image called a Cowkimona and market it worldwide.

AN ITALIAN CORPORATION
You have two cows, but you don't know where they are.
You decide to have lunch.

A SWISS CORPORATION
You have 5000 cows. None of them belong to you.
You charge the owners for storing them.

A CHINESE CORPORATION
You have two cows.
You have 300 people milking them.
You claim that you have full employment, and high bovine productivity.
You arrest the newsman who reported the real situation.

AN INDIAN CORPORATION
You have two cows.
You worship them.

A BRITISH CORPORATION
You have two cows.
Both are mad.

AN IRAQI CORPORATION
Everyone thinks you have lots of cows.
You tell them that you have none.
No-one believes you, so they bomb the ** out of you and invade your country.
You still have no cows, but at least you are now a Democracy.

AN AUSTRALIAN CORPORATION
You have two cows.
Business seems pretty good.
You close the office and go for a few beers to celebrate.

A NEW ZEALAND CORPORATION
You have two cows.
The one on the left looks very attractive.

12/20/2011

Achtung Baby

Proof the Germans have been planning to take over and run Europe ever since they last failed to take over and run Europe.

This time they just had to wait for Europe to form an economic union, a common currency, and then all go broke.



12/19/2011

I Had to Take a Stand

So I bought a ugly suit, adopted a fake British accent, and let em have it.

12/16/2011

What a Wonderful World

Still talking to IB help. So instead of trading I'll just watch this.

12/15/2011

Help



The IB freeze was not an isolated incident, so today was spent chatting with IB tech help.

Actually he was very good and hopefully that's the last time it freezes while in a trade. (happened 3 times) If it isn't, I guess I need to find a new broker.

12/13/2011

Imagine

If Iran ever did close the Strait of Hormuz.




I wonder if a new pipeline from Canada bringing 700,000 barrels of oil a day to the US might be a good idea?

Naaaa.

I Was Wrong, Again

Apparently governments can create jobs.



John Lennon has a permanent chill-out session on a park bench in Havana, Cuba, The Park in Vedado district is called Parque John Lennon, and it was Fidel Castro himself who in 2000 unveiled the life-size bronze statue of the Beatle. Unfortunately, John's glasses were stolen immediately afterwards, and then stolen again, and so the Cuban government had to find a Spetacles Man who lurks behind the trees and the bushes with John's glasses in his pocket, and every time someone comes to meet John Lennon the Spectacles Man pops out and puts those famous Lennon glasses on the nose. - Walter de Camp

12/09/2011

Think

I've often thought that once I become a rich pompous ass I would like to take a month and really study all the data on climate change.

Then I found this rich pompous ass, so now I don't have to.



I'm bracing for the wrath of LW.

12/08/2011

This is Not a Drill, This is Not a Drill

Well isn't this lovely. A trade, a trade with MFE, I'm trailing my stop down counting my profit, what a wonderful day.....wait a sec....what the..


It's not moving, why is it not moving, remain calm, it will come back, it's not coming back, open the browser, yes internet is working, it's still not moving, AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH, reboot reboot reboot, nothing, NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO, reboot again, yes, yes I think it's working, open bracket trader, nothing, won't connect, just close it in IB, yes that's it, now how exactly do I do that again, I'm short so buy, yes buy BUY BUY, did that work I don't know, still shows an order open, was that the stop from bracket trader, I dunno, phone IB, where's that number, remain calm on the phone, you're a pro remember, right, hi yes do I have any open positions, no, ok thank you, good bye.


I think I need a nap.

12/05/2011

Discipline

What can I say, the longer time frame chart had not rolled over in time for me to get into this. Then when the LTF finally did get short the tick chart was too far along for me to enter.

So no trade for me.


I did however watch some fascinating video. Based on past behavior most will watch the cute one and ignore the not so cute one.



12/02/2011

'With or Without You'

Crude oil, or any market, doesn't care about you. It moves "with or without you".

It doesn't hate you, or love you, it just doesn't care about you at all.


Canadian Commute

JP Auclair Street Segment (from All.I.Can.) from Sherpas Cinema on Vimeo.