Tuesday, November 16, 2010
Start Getting Ready
If you know what to short, good for you. If not, CTSH might be a good long buy. I got out of XOM in time, but looking to get back - XOM's a retirement fund:)
Monday, September 06, 2010
Why You Should Not Buy the Samsung EPIC 4G Phone from Sprint
1) After searching, I could not find a way to capture Audio. With my Moto W490, it was 2 menus and about 5 button presses in all, and I thought THAT one was a crappy phone
2) I don't know how to terminate an application. There doesn't seem to be a way.
3) This whole idea of a gmail phone is a bit risky. On gmail, you enter a strong password each time. But, with your phone, once you've set your account up, anyone can get into your gmail if they know the 4 digit pin to unlock your phone. Nuts!
4) You send 2 emails each time you send one from your phone. Go figure. Obviously the geniuses at Google don't work in the marketing department.
5) I could not find a way to use the "Call phone" feature that gmail has. Obviously, the geniuses at Google don't work in the marketing department. If the phone is being marketed as a gmail phone or a google phone, you'd expect them to delight the customer with this thing up and ready. Go figure.
6) I cannot select text (like a phone number) in the Email application or the gmail app.
7) When using the gmail app, you don't get email address completion - which is ridiculous - on the PC, if you're using gmail, that's one of the best things about it. WTF? Really? WTF are they trying to prove to the world?
8) In the mail application, the delete button doesn't delete the email. Go figure. Should you make your stuff intuitively easy to use or what?
9) Sprint cannot import your contacts from your SIM card you used with an older phone.
10) After umpteen attempts, this phone has failed to pair with my Plantronics 233 bluetooth headset. With my Moto W490, it takes about 5 seconds. Also, the EPIC SPH-D700 doesn't find my Moto when looking for devices. It looks like it can only pair with Sprint devices. WTF?
11) It's not clear how to sign out of the email. I've got gmail and Email running and now, each one has an orgasm when a new email arrives.
12) With the gmail app, you can't zoom in. You can with the Email app though.
13) The phone is delivered to you (if you're as unlucky as me) with the USB Debugging enabled. Somehow, this doesn't prevent Linux from accessing the SD card. But, Windows has no clue what to do unless you put on your geek had and go into Notifications and turn USB Debugging off, so that, next time you plug in the cable, you can select the Mass Storage option.
14) There is no way to rightclick. With the advanced technology available, you'd expect they'd have figured out a way (like Apple) to use multitouch to implement this, but no. In fact, it seems like multitouch only applies to zooming.
15) Blogspot does not work cleanly. I could not tap in the post area and start entering text. It was terrible.
Go iPhone guys! Go iPhone!
2) I don't know how to terminate an application. There doesn't seem to be a way.
3) This whole idea of a gmail phone is a bit risky. On gmail, you enter a strong password each time. But, with your phone, once you've set your account up, anyone can get into your gmail if they know the 4 digit pin to unlock your phone. Nuts!
4) You send 2 emails each time you send one from your phone. Go figure. Obviously the geniuses at Google don't work in the marketing department.
5) I could not find a way to use the "Call phone" feature that gmail has. Obviously, the geniuses at Google don't work in the marketing department. If the phone is being marketed as a gmail phone or a google phone, you'd expect them to delight the customer with this thing up and ready. Go figure.
6) I cannot select text (like a phone number) in the Email application or the gmail app.
7) When using the gmail app, you don't get email address completion - which is ridiculous - on the PC, if you're using gmail, that's one of the best things about it. WTF? Really? WTF are they trying to prove to the world?
8) In the mail application, the delete button doesn't delete the email. Go figure. Should you make your stuff intuitively easy to use or what?
9) Sprint cannot import your contacts from your SIM card you used with an older phone.
10) After umpteen attempts, this phone has failed to pair with my Plantronics 233 bluetooth headset. With my Moto W490, it takes about 5 seconds. Also, the EPIC SPH-D700 doesn't find my Moto when looking for devices. It looks like it can only pair with Sprint devices. WTF?
11) It's not clear how to sign out of the email. I've got gmail and Email running and now, each one has an orgasm when a new email arrives.
12) With the gmail app, you can't zoom in. You can with the Email app though.
13) The phone is delivered to you (if you're as unlucky as me) with the USB Debugging enabled. Somehow, this doesn't prevent Linux from accessing the SD card. But, Windows has no clue what to do unless you put on your geek had and go into Notifications and turn USB Debugging off, so that, next time you plug in the cable, you can select the Mass Storage option.
14) There is no way to rightclick. With the advanced technology available, you'd expect they'd have figured out a way (like Apple) to use multitouch to implement this, but no. In fact, it seems like multitouch only applies to zooming.
15) Blogspot does not work cleanly. I could not tap in the post area and start entering text. It was terrible.
Go iPhone guys! Go iPhone!
Sunday, January 03, 2010
Thursday, May 28, 2009
Up and Down and Up and Down
There's both strong support and strong resistance, but I think there's a strong overall upward bias. What I can tell you is that there's money to be made in the market trading. I just wish I was smart enough to be able to do it.
Thursday, May 07, 2009
Anatomy
Small upside, massive downside, that's my experience in the market. Why? Because I'm a dumb trader. Consider :

I enter the bearish position at the X. Why? I've already forgotten (inability to learn from mistakes). I recall having a chance to get out of the trade within 5 minutes with a small profit. I pass. Then, at the ? mark, I have another change for a small profit and pass again - thinking the upside is now huge as the chart looks very bearish. Then, you can see a huge rally - which took my losses into the $100+ region. I decide it's pointless to get out now because it would amount to buying the top. Plus, it looks like a climax top. I end up holding this position overnight. As you'll see, I eventually did get out a nominal profit. This gives you an idea of how crappy a trader I am.
I enter the bearish position at the X. Why? I've already forgotten (inability to learn from mistakes). I recall having a chance to get out of the trade within 5 minutes with a small profit. I pass. Then, at the ? mark, I have another change for a small profit and pass again - thinking the upside is now huge as the chart looks very bearish. Then, you can see a huge rally - which took my losses into the $100+ region. I decide it's pointless to get out now because it would amount to buying the top. Plus, it looks like a climax top. I end up holding this position overnight. As you'll see, I eventually did get out a nominal profit. This gives you an idea of how crappy a trader I am.
Saturday, April 25, 2009
ETFs, not Stocks for Your Covered Calls
That's the tip of the day from Mr. SR who makes a tonne of cash in the market every day. When you buy ETFs, the volatility is much lower, so you're safer.
My information from the morning is that people think we're at the start of a new bull run. Hmmm... I think we will see more upside because there's some catching up to do to the 200 day MA's but after that, we'll definitely retrace atleast to the old lows.
Will we ever see 5.87 on GE again? SR - No. Me - don't be so sure. When a stock like that tanks, how do you know what the support is? We know what resistance is, but a support hasn't been established yet. We're probably going into a sideways market for a few months. But, in time, you'll see another downtrend and we'll test the support level.
I can only kick myself when I pull charts up - RFMD - sold at 0.75!
My information from the morning is that people think we're at the start of a new bull run. Hmmm... I think we will see more upside because there's some catching up to do to the 200 day MA's but after that, we'll definitely retrace atleast to the old lows.
Will we ever see 5.87 on GE again? SR - No. Me - don't be so sure. When a stock like that tanks, how do you know what the support is? We know what resistance is, but a support hasn't been established yet. We're probably going into a sideways market for a few months. But, in time, you'll see another downtrend and we'll test the support level.
I can only kick myself when I pull charts up - RFMD - sold at 0.75!
Monday, March 02, 2009
Flying Colours
Well, you can't ask for more. The market delivered today. But it has some way to go. I was happy with 69XX, but 67XX was a bonus. Now, how long must we wait for the near-term bottom? If you play your cards right, you can take a 15% gain (or double with margin) on your money if you call the bottom right. 6000 can go to 7000 in a sucker rally the way 7500 went to 9000 before the new downtrend started. Watch for it.
You DOW the Math
The all time high on the DOW was 14015.
Once it established a downtrend, it sank down to 12796. After a rally, it headed south again, rebounding off 11635 - down 9%.
Then, it established a support at 11732 before putting together another rebound. Once that gave in, the new low was 10828 - 7.7% off the previous support.
Then, without setting a new support level, it rallied a bit and then collapsed all the way down to 7883 - 27.2% off the previous low!!
Then, it set a new support level of 7449 before launching another rally. Considering we're already down 8%, and have taken out crucial support levels from 10 years ago, we're probably looking at a 20% drop from 7449. So 6k it is. Childishly simple.
Once it established a downtrend, it sank down to 12796. After a rally, it headed south again, rebounding off 11635 - down 9%.
Then, it established a support at 11732 before putting together another rebound. Once that gave in, the new low was 10828 - 7.7% off the previous support.
Then, without setting a new support level, it rallied a bit and then collapsed all the way down to 7883 - 27.2% off the previous low!!
Then, it set a new support level of 7449 before launching another rally. Considering we're already down 8%, and have taken out crucial support levels from 10 years ago, we're probably looking at a 20% drop from 7449. So 6k it is. Childishly simple.
That's More Like It
Another sacred day. But, what's this about the US T-Note bubble? I know one guy who made a bomb buying puts on oil has shorted the US T-Note. But, did you also know that looking at the price trend of the T-Note is very hard? Try it and let me know.
What should you buy? MGEE - utility company, that, I believe, serves mostly residents in Wisconsin. See how well the support has held up. You can't go wrong here. Or so I think. Have I? Not yet.
But we still have a ways to go. We need BRK-A to crack 50k and BRK-B to crack 2k. That's just the beginning for the buying to start again.
6971 was the 1997 low that people were eyeing. We've achieved that. Next is 6356. Let's hope we don't have to wait too long. That's it for 97. 96 has 6236 waiting in the wings. Why do I want to go low? Because things have to get worse before they get better and it's better that we get the worst out of the way instead of dragging things out.
What should you buy? MGEE - utility company, that, I believe, serves mostly residents in Wisconsin. See how well the support has held up. You can't go wrong here. Or so I think. Have I? Not yet.
But we still have a ways to go. We need BRK-A to crack 50k and BRK-B to crack 2k. That's just the beginning for the buying to start again.
6971 was the 1997 low that people were eyeing. We've achieved that. Next is 6356. Let's hope we don't have to wait too long. That's it for 97. 96 has 6236 waiting in the wings. Why do I want to go low? Because things have to get worse before they get better and it's better that we get the worst out of the way instead of dragging things out.
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