http://dummyspots.com Stocks, Options, Currencies and One Big Dummy Thu, 25 Feb 2010 01:32:05 +0000 http://backend.userland.com/rss092 en For those of you just visiting the site for the first time, sorry I killed it. To you, and to others who may be looking for an old article, here are some of my favorites from over the years. There's much more, of course, if you care to browse ... http://dummyspots.com/2008/02/best-of-dummy-spots/ Both my main man Barry Ritholtz and my Atlanta hero Trader Mike have linked to this Wall Street Journal Article about people with high credit scores getting into subprime loans. The WSJ describes these Poor Victims as being "caught in the subprime trap." I call bullshit. These people are caught in ... http://dummyspots.com/2007/12/subprime-with-good-credit-its-still-just-good-old-fashioned-greed/ Jung said that the greatest burden of a child is that of carrying "the unlived life of the parent," that is, the myths, the fantasies, and especially the regrets which the parents project, and which the child observes, and absorbs. We obediently and unconsciously attempt to live out the myths and ... http://dummyspots.com/2007/12/the-unlived-life/ Since he died, Kurt Vonnegut has become one of my favorite authors. Tonight, I got home from the extra-long shift I had to work because someone else called in, and I've been drinking beer and reading Vonnegut. Deadeye Dick, to be precise. This book was written in 1982, and perhaps it was during ... http://dummyspots.com/2007/12/kurt-vonnegut-and-johnny-cougar/ Just got back from the Blues Jam. Early night tonight. I was thinking of a friend of mine who's a musician. He lives in a constant dilemma. You see, he wants to play his own, original music for others, but they don't show up to hear his music. They ... http://dummyspots.com/2007/11/the-musician/ If deflation caused by the credit market collapse overtakes the easing Fed and the falling dollar (leading us into a painful recession), we'll hear about it from CNBC and FoxNews about nine months too late. Is there any way for the astute individual (who knows what shows up in ... http://dummyspots.com/2007/11/how-to-spot-the-recession-before-they-do/ I just heard Garrison Keillor reading a poem on Writer's Almanac, after the news and before the music on NPR. It made my day. Thought you might enjoy it as well. It's a poem called "When I Am Old" by Ray Nargis from Almost Tomorrow. The ... http://dummyspots.com/2007/11/a-great-zen-poem-when-i-am-old-by-ray-nargis/ In an email exchange with LP yesterday morning, I'd said that I was not looking forward to entering a trade before what amounts to a 5-day weekend, but that I may have to if we got anything other than another down day- If we can get a light down day on ... http://dummyspots.com/2007/11/long-entry-on-the-spyders-and-a-true-coffee-pot/ I haven't been writing much lately. Lots going on. Bought a house. Remodeling before I move in. I have a picture of my Acura TL with 1200 lbs of ceramic tile in it I'll upload one day. Low Ri-der don't use no gas now, Low ... http://dummyspots.com/2007/11/hot-cider-on-a-cold-night/ $100 Oil. $850 Gold. Federal Reserve Easing. China mentions diversifying, loosening the peg, letting the yuan rise. Dollar tied firmly to whipping post: Potential Wolfe Wave-type reversal mentioned in previous post has failed spectacularly. Are we headed for $150 oil, $1200 gold and $2.00/euro? I don't believe ... http://dummyspots.com/2007/11/its-official-the-world-is-now-100pc-bearish-on-the-dollar/