Still bouncing

[jhetley]

(Again, no actual cats were harmed, etc.)

For a dead cat, that beast seems remarkably elastic.

Wife says that internet portfolio tracking is a tool of the devil, and she's probably right. My folks used to get by just fine without it. Mom sometimes didn't even get around to reading the statement each month...

In unrelated news, we have a delivery date for the DSL modem package -- tomorrow, in the gaping maw of a projected snowstorm. What can Brown do for you? Stay out of the goddamn ditch, that's what. Account activation won't be until next week, as previously noted. So we will continue our paleolithic existence for a while longer.

Fresh snow would be good. If it changes over to rain again and then freezes into crust, I shall file a formal protest. With explosives.

Comments

[wcg.livejournal.com]

It's been interesting to watch the chaotic oscillator behavior of the Dow index the past two days. It's been behaving very like a neural network that gets a sharp shock. Some math graduate student could probably put together an interesting thesis from the data.

It's also been a real good example of why the wise old money managers say to keep 40% in bonds...

[jhetley.livejournal.com]

I'm reminded of the ozone-sparking electronics of my youth, complete with wires and coils and glowing tubes, where you could knock the circuit into or out of oscillation by a well-placed whack along side of the cabinet.

Bonds have been a pretty shitty deal for the last 4-5 years. The good old 10% payoffs all got called...

[slithytove.livejournal.com]

After a sharp market move, you typically get 'ringing': rapid oscillations, decreasing in amplitude. Then another move in the same direction as the first move.

Thus: I predict back-and-forth in a narrowing range for a week to two, then a move downward. Then? Dunno. Maybe up, maybe sideways. I don't think we're in for a real bear market, though, the world economy is in decent shape, and valuations aren't all that high.

But I just predict for fun. I don't play the market. I'm always fully invested, in the belief that the long term trend is *always* up.