I watch CNBC and just shake my head when these experts say, “oh there is no volume and that is bad”, or “oh the world will become saner with less leverage” Pimco’s El-Erian is on record saying that there will be less credit, less leverage and people will become saner. Sorry, but that is not...

In the middle of March (18 to be exact) I started this blog entry. I am posting it now because somebody else finally said what I was thinking privately for quite a while. > Investor Jim Rogers said he prefers oil over gold as he believes the International Monetary Fund will sell its reserves...

Here is something I found quite interesting. If you read the following article you would get the idea that Marc Faber is down on the economy. > Futures on the Standard & Poor’s 500 Index lost 1.1 percent. The benchmark index slumped 2.4 percent yesterday as investors George Soros and Marc Faber...

The SEC is mulling two rules for short selling. The first rule is: > The SEC is working on an updated version of the uptick rule to include all stocks and a bid test, which would only allow shorting at a price above the highest available bid, said the source, who requested anonymity because the...

This is a paid review... I haven't been doing many paid reviews lately, but have a couple extra minutes and could use the $15 (or so?) for InvestorGeeks and this site looks pretty cool anway. Wall Street Survivor is a free fantasy stock market game. You've probably seen many of these around. CNBC...

I am going to be blunt, so far the recession has not affected me. On the contrary I could not be busier, and things are actually moving along quite nicely. Well, that was until yesterday. Yesterday I learned that the conference SD West, and SD Best Practices are no more. They have been cancelled...

I write trading systems for a living and as such I think I have a grasp on the Sharpe Ratio and such. The Economist via Quantitative Trading has an article on the issue of trading and calculating returns using the Sharpe Ratio. A high Sharpe Ratio is one where there is low volatility. > Clients who...

Wow, I have not blogged since Christmas. ZIPO…  nada, zilch… the problem was time. I HAD NO TIME!!!! I was very very busy with two projects: Reconcillation, and HippoTrader. From previous postings I talked about how I am working on a part-time basis with an investment bank. That is my...

Oh Rick, I have been on your side many many times, but on this Boston Tea Party you are simply wrong. In fact you are being very dangerous in your discussions because what you are doing is dividing the people and making a very bitter situation more bitter. You are letting your ideals get in your...

I am going to play the contrarian, getting rid of Smith-Barney is REALLY good for Citi. Many like on Fast Money say, "hey why on earth are you getting rid of the cash cow?" And with Citigroup getting a potential 10 billion, I am thinking WAY TO GO CITI! Why do I think what I do? Because obviously I...