S&P rally?
News, Trading ·Saturday January 3, 2009 @ 22:11 EST (link)
20090101: Finally got mail; parents sent Christmas card and Turkish delight; also got some cards from Graham and Wendy Martin and Chris and Vanessa, and Honey got some from people back in WV. Called my parents to thank them.
20090102: Went out to get a new tire (Les Schwab, Redmond); it cost about $150. Went to BCC to get the last of Honey's books while they were changing the tire; stopped at the library on the way home (four more books, returned three, yelled at them for having a fine on my account for a book I returned weeks ago). Got Honey some pepper spray at Wade's.
20090103: I'm a manager at the Rebel Rec (partly because of people quitting, partly because I'll be the moving it to a new location in February (Multiply), when MSN Groups shuts down.
It could just be the start of the year (around the holidays, when the amateurs play and the pros stay away), but looking at a monthly chart of the S&P (SPX), it appears that in the latter half of 2007 it hit the same resistance area as in most of 2000 (around 1550), and that we're now bouncing off support established in late 2002 through early 2003, which may mean a bullish turn, although it's far too early to tell. Support and resistance are about psychology, so if enough people believe (and act), it will happen.
(Switching back to a diurnal cycle, which means staying up most of the night and day today.)
Finished Walden Two; interesting. The idea of behavioral science making better behavioral scientists (among other professions, of course) is interesting, like bootstrapping a compiler or the robots of Code of the Lifemaker, as the comparison of freedom in a planned community to freedom given predestination. Seems plausible, but I'd like to see it. Some of the foundations are compatible with libertarianism, but then they veer into socialism and handwave about conditioning people to like it. The best thing about the version presented in the book is that it's opt-in.
Books finished: A Beginner's Guide To Day Trading Online, The Immigration Solution, Walden Two.DVDs finished: Children Of The Corn 3: Urban Harvest, Transporter 2, Children Of The Corn 4: The Gathering, Children Of The Corn 5: Fields Of Terror, Disturbia.
