A few buddies and I were debating our "all-time" baseball team. This is going back to when we started watching (early 80s). Nobody we haven't gown up with is allowed:
C: Joe Mauer
1B: Albert Pujols
2B: Joe Morgan
SS: Alex Rodriguez
3B: Mike Schmidt
RF: Ichiro Suzuki (torn betwen him, Reggie Jackson, Vlad and Tony Gwynn)
CF: Ken Griffey Jr
LF: Ricky Henderson (toughest position with Bonds, Yaz, Manny)
DH: Frank Thomas
SP: Pedro, Clemens, Maddux, Randy Johson and Nolan Ryan (tough to leave off Carlton, Santana and Smoltz)
Closers: Rivera, Eckersly and Goose Gossage (another tough one with Sutter, Nathan, Hoffman)
Showing posts with label Off topic. Show all posts
Showing posts with label Off topic. Show all posts
Friday, July 17, 2009
Tuesday, May 12, 2009
Thinking Out Loud (both on and off topic)
1. The overall market looks good, but resistance is looming.
2. A few more points down and I will start letting go of my short positions (already got rid of RTP).
3. I will likely enter SPY around $87-88
4. Most stocks are pulling back with bullish undertones (low volume, orderly price movement).
5. Lots of good looking breakout stocks have emerged over the past few weeks.
6. I am extremely short term bearish (though this condition is being worked off), intermediate term bullish, but longer term we are still in a bear market.
7. Point 6 is a good example of how important time frames are to trading.
8. To actually call a bottom, I'd need to see more volume
9. However, the price pattern looks good for bottoms, especially if SPY mounts the 200 day moving average.
10. New leaders are emerging. Get those relative strength scans and filters going.
11. Lebron is the best since Jordan
12. Manny Pacquiao is the best since Ali. He will destroy Mayweather.
13. This Minnesota Vikings fan to Favre: Please go away.
14. Why do so many poker players go all in pre-flop with AK? Against any pocket pair you will lose money over time (55/45 with QQ or lower, dominated by KK and AA). And who is going all in against you with AQ or lower?
15. Smallville, yes Smallville, is the best show in television. If you are even slightly a comic or comic movie fan, get the DVDs and watch all 8 seasons.
16. What was the big deal about Wanda Sykes Limbaugh jokes? Rush has said far worse, and nobody says boo.
2. A few more points down and I will start letting go of my short positions (already got rid of RTP).
3. I will likely enter SPY around $87-88
4. Most stocks are pulling back with bullish undertones (low volume, orderly price movement).
5. Lots of good looking breakout stocks have emerged over the past few weeks.
6. I am extremely short term bearish (though this condition is being worked off), intermediate term bullish, but longer term we are still in a bear market.
7. Point 6 is a good example of how important time frames are to trading.
8. To actually call a bottom, I'd need to see more volume
9. However, the price pattern looks good for bottoms, especially if SPY mounts the 200 day moving average.
10. New leaders are emerging. Get those relative strength scans and filters going.
11. Lebron is the best since Jordan
12. Manny Pacquiao is the best since Ali. He will destroy Mayweather.
13. This Minnesota Vikings fan to Favre: Please go away.
14. Why do so many poker players go all in pre-flop with AK? Against any pocket pair you will lose money over time (55/45 with QQ or lower, dominated by KK and AA). And who is going all in against you with AQ or lower?
15. Smallville, yes Smallville, is the best show in television. If you are even slightly a comic or comic movie fan, get the DVDs and watch all 8 seasons.
16. What was the big deal about Wanda Sykes Limbaugh jokes? Rush has said far worse, and nobody says boo.
Monday, January 12, 2009
OT: Tim Raines Should Be in the Baseball Hall of Fame
The Hall of Fame voters missed the boat by not electing Tim Raines today. Even more atrocious is the fact that he got less than 25 percent of the votes. Here is a good article making the case for Raines:
http://sports.espn.go.com/mlb/hof09/columns/story?columnist=law_keith&id=3825493
.
http://sports.espn.go.com/mlb/hof09/columns/story?columnist=law_keith&id=3825493
.
Sunday, July 27, 2008
Where's the Volume?
As I type, I am sitting on the deck of a cottage over looking Lake Superior. Listening to the waves gently crash against the rocky shore below me, I am hard pressed to look at any charts. I don't know of many places with more natural beauty than Minnesota's Northern Shore. Maybe Yosemite, which I've been to at least 20 times and know better than the back of my hand.
I smartly did my weekend trading research Friday evening, before heading out on my weekend getaway. However, I couldn't help but take a peak at the index charts again. The more I look at them, the more bearish my stance is. Take a look at the negative volume during this bounce. This is not the type of volume we usually encounter in a true downtrend reversal.
I am still hesitant to short the indexes. Markets have not yet worked off the oversold positions, and it's always risky to enter short on during the bottom half of the oversold extreme. However, if the markets continue to merely drift higher on insubstantial volume, I will be more likely to go short via QID and SDS.
Thursday, June 26, 2008
Trades and Thoughts
All of my oversold bounce indicators are now flashing buy signals. However, I do have some concerns and am not taking on any huge positions here. While I have made some trades to the long side to try and capitalize on a bounce, they are all average or small in position size. Why am I not trusting my usually trustworthy indicators?
The reason is the bounce play hasn't passed the "gut check" test. Basically, I have not got to the point where I just feel sick to my stomach about the markets. I haven't sensed any fear yet. In fact, what has caused me fear in my bounce positions is the fact that everybody is expecting a relief bounce.
As I stated earlier today, I made one index play, one ag and one energy play. I also entered TRLG and EWZ yesterday, and both are still above stop levels.
As I stated earlier this week, POT was due for a pullback, and we are now at a good entry position.
SSO (short S$P) is testing lows and is extremely oversold. The fact that we are close to the support/breakdown level provides a low risk entry. I will lose little if I get stopped out, but could make a nice gain.
SWN is still riding above support. This is either a topping formation or a pullback that will continue the trend. If it is a topping formation, I will lose very little.
Off Topic:
I'm a diehard Timberwolves fan and can't believe Kevin Mchale did not screw up the Wolves pick in tonights draft. I am ecstatic that the they picked OJ Mayo. He is going to be a star, and a perfect compliment to Al Jefferson (who at 23 is already better offensively than KG).
For the first time in years, I actually see hope for the Wolves!
The reason is the bounce play hasn't passed the "gut check" test. Basically, I have not got to the point where I just feel sick to my stomach about the markets. I haven't sensed any fear yet. In fact, what has caused me fear in my bounce positions is the fact that everybody is expecting a relief bounce.
As I stated earlier today, I made one index play, one ag and one energy play. I also entered TRLG and EWZ yesterday, and both are still above stop levels.
As I stated earlier this week, POT was due for a pullback, and we are now at a good entry position.
SSO (short S$P) is testing lows and is extremely oversold. The fact that we are close to the support/breakdown level provides a low risk entry. I will lose little if I get stopped out, but could make a nice gain.
SWN is still riding above support. This is either a topping formation or a pullback that will continue the trend. If it is a topping formation, I will lose very little.
Off Topic:
I'm a diehard Timberwolves fan and can't believe Kevin Mchale did not screw up the Wolves pick in tonights draft. I am ecstatic that the they picked OJ Mayo. He is going to be a star, and a perfect compliment to Al Jefferson (who at 23 is already better offensively than KG).
For the first time in years, I actually see hope for the Wolves!
Wednesday, April 23, 2008
Just the Charts Please
Have you ever admired an actor to the point of watching all of his movies, but then you hear them say something so stupid it made you never want to watch one of their movies again? This evening I encountered that same phenomenon in the blogging world:
If you are like me and live within your economic means, forcing you to buy and live in a house you can actually afford, you can sign your name as a sign of protest. In my opinion, it is absolutely ridiculous to have taxpayers' money given to people who bought homes that in so many cases they knew they could not afford. This will do nothing but reward the stupidity and greed that got us in this situation, but then again, that's what our government does best.
Monday, March 05, 2007
Tuesday and Off Topic Stuff
There isn't much new to report with regards to my strategy going into Tuesday. I plan to try to unload my QID position into strength, and possibly repurchase on weakness, as I did today. You know the saying: keep striking while the coal is hot. Until this strategy ceases to work, I'll keep at it.
I do think there will be a market bounce, although I can't predict when it is going to come. Ideally it would have already started, but Mr. Market don't play that way. It's taking longer because everybody is looking for it. Once everybody gives up, that's when the bounce will come.
I can't wait for the bounce. I plan to twiddle my thumbs until the bounce reaches resistance levels, and then will deploy some more shorts. Till then . . .
Off topics:
It's too bad UFC is not reported in mainstream sports pages. What Randy Couture did this weekend was nothing short of amazing. At almost 44 years old and coming out of retirement, he won back the heavyweight belt by dominating a man 14 years his junior and who outweighed him by a good sixty pounds.
I was walking on cloud nine after my beloved 49ers signed cornerback Nate Clemons. Ashlie Lelie could be a shrewd pickup as well, if he finally lives up to his unlimted potential.
Heroes might be the best show on television. Tonight's episode was no exception. The Spiderman 3 preview was great as well. I can go on NBC.com to view 7 more minutes of the movie, but I don't want to know too much going into the movie.
Is the way "we" perceive the world reality? A fly's compound eye allows it to detect things we can't. A dog can hear sounds that don't exist, as far as we're concerned. Snakes can "see" heat. Is the world as we see it, or is it just a construct of our perceptions, developed through our evolutionary "needs"? These are the types of questions I find myself asking after reading a collection of essays and biographical infomation on Phillip K. Dick and Richard Dawkins God Delusion.
Yes, I'm keeping up with my New Year resolutions. It's been tough and enjoyable making time to read a book a week. Next up is Rousseau's Dog, by David Edmonds, recounting the antagonism that developed between two great philosophers, Jean-Jacques Rousseau and David Hume.
I watched Hollywoodland this past weekend, starring Adrien Brody and Ben Affleck. Pretty good, although I wish they would have come to a conclusion about George Reeves death. At any rate, I gave in a 4/5 stars on the netflix rating system.
I do think there will be a market bounce, although I can't predict when it is going to come. Ideally it would have already started, but Mr. Market don't play that way. It's taking longer because everybody is looking for it. Once everybody gives up, that's when the bounce will come.
I can't wait for the bounce. I plan to twiddle my thumbs until the bounce reaches resistance levels, and then will deploy some more shorts. Till then . . .
Off topics:
It's too bad UFC is not reported in mainstream sports pages. What Randy Couture did this weekend was nothing short of amazing. At almost 44 years old and coming out of retirement, he won back the heavyweight belt by dominating a man 14 years his junior and who outweighed him by a good sixty pounds.
I was walking on cloud nine after my beloved 49ers signed cornerback Nate Clemons. Ashlie Lelie could be a shrewd pickup as well, if he finally lives up to his unlimted potential.
Heroes might be the best show on television. Tonight's episode was no exception. The Spiderman 3 preview was great as well. I can go on NBC.com to view 7 more minutes of the movie, but I don't want to know too much going into the movie.
Is the way "we" perceive the world reality? A fly's compound eye allows it to detect things we can't. A dog can hear sounds that don't exist, as far as we're concerned. Snakes can "see" heat. Is the world as we see it, or is it just a construct of our perceptions, developed through our evolutionary "needs"? These are the types of questions I find myself asking after reading a collection of essays and biographical infomation on Phillip K. Dick and Richard Dawkins God Delusion.
Yes, I'm keeping up with my New Year resolutions. It's been tough and enjoyable making time to read a book a week. Next up is Rousseau's Dog, by David Edmonds, recounting the antagonism that developed between two great philosophers, Jean-Jacques Rousseau and David Hume.
I watched Hollywoodland this past weekend, starring Adrien Brody and Ben Affleck. Pretty good, although I wish they would have come to a conclusion about George Reeves death. At any rate, I gave in a 4/5 stars on the netflix rating system.
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