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Weekly Market Commentary for 8/15/08
From last week's wild swings – to a narrowing range, poised for a breakout.  The market has something for everyone. The mystery of where the markets are heading continues, reminding me of physicist Niels Bohr’s quotation: “Tomorrow is going to be wonderful, because tonight I do not understand anything.” Echoing that is 84-year old Richard
Resilience
Watching the Olympics has been an uplifting reminder for me.  The sport of it is fun to watch.  Yet, the deeper story is even better. For example, Michael Phelps was expected to break Mark Spitz's record in Athens four-years ago.  While he was dominating, it just didn't happen, then.  Can you imagine setting world records,
Pilobolus: Things Aren't Always What They Seem
In trading, recognizing that things aren't always what they seem is a big part of the game.  Here is a clever video that plays on that concept. It is from Pilobolus, a talented dance and performance art troupe. Here is the direct link. And this one has an unexpected ending. Here is the direct link
Weekly Commentary through August 8th 2008
The Markets are up, but relatively trendless.  Yes the recent lows have held, and I'm seeing higher lows (and that is a bullish sign).  However, recently, the thing to note has been the markets' volatility.  For the Dow, there have been seven 200-point up or down days and two 300-point up days … but in
Cool Chart Showing Olympic Medals Won
Technical traders use a lot of data visualization tools.  So it isn't surprising that this tendency spills over into other areas of my life.  Consequently, I enjoy chart porn like this map showing which countries won Olympic medals.  It is interactive, and fun to play with for a minute or two. (NYTimes)
Olympic Extra
In China, "8" is believed to be a most powerful, and lucky, number. So it is not surprising that Chinese began the Olympics on 08-08-08 at 8:08 PM. Here is a link to Wikipedia's info page  and NBC's covering these Olympic games. And here is a link to Wired's coverage of the tech behind the