You’ll have to indulge my Nilsson obsession a bit more tonight. One of his amazing songs is below. And here’s a snippet from his bio, which is oh-so-cool:
Because of the poor financial situation of his family, Nilsson worked from an early age, including a job at the Paramount Theatre in Los Angeles. When the Paramount closed in 1960, Nilsson applied for a job at a bank, falsely stating he was a high school graduate on his application (he only completed ninth grade). He had an aptitude for computers, which were beginning to be employed by banks at the time. He performed so well that the bank retained him after discovering the lie about his education. He worked on bank computers at night, and in the daytime pursued his songwriting and singing career.
This year, as with all years, has had plenty of both good and bad (and I will incidentally pledge to you that I will never, ever, as long as I live, give a post the title “The Good, The Bad, and the Ugly”, since it has to be the most overused, hackneyed, tiresome article titles in human history). But I digress: what I was saying was that 2013 utterly sucked for the bears (which makes it remarkably similar to, oh, 2012, 2011, 2010, and 2009) but was pretty good for The Slope of Hope. (more…)
A week ago, I had never even heard of Harry Nilsson. Now I’ve become kind of obsessed. His biggest hit is below. I think my brain is heavily wired into the somber tunes of the late 60s and early 70s, so this tune obviously hits the proverbial chord with me. I’m just sharing………because…
Dice Holdings, shown below, peaked in April 2011 (which is a little weird, since they specialize in web sites for career-seekers; one would think the past 2.5 years would have been good to them). Anyway, the shelf of support isn’t very strong, and I’d say it’s vulnerable to much lower prices.
Just a quick post this morning, as I still have guests requiring attention and I’m unlikely to do much actual work today.
SPX had a weak day on Friday but still closed the day within 2 handles and change of the daily upper bollinger band, so it was nonetheless another day riding the band up. I am expecting a retracement soon to establish the main support trendline for the move to my 1965 target, but there’s no strong evidence yet that retracement is starting. SPX daily chart: (more…)