Daily Archives: September 13, 2017

Modern-Day Genius

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I was re-watching Carlin’s last performance, Life Is Worth Losing, again today, and even though I’ve seen the show many times, I am astonished at the man’s genius. Writing the material alone should put him in the pantheon of all-time greats, but to perform this as well is breathtaking. Just try to imagine reading the monologue below with a script without stumbling, let alone doing it from memory. We all miss you, George, patron saint of Slope.

A Hard Look at the Small Caps

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Ever since eclipse day (the 21st of August), markets have been surging higher, thanks, it seems, to the distinct lack of nuclear missiles flying through the air. The small caps are up nearly 6% in that brief timespan, but I think it would do us all good to keep the big picture in mind.

Here’s the index for the past twenty years. As you can see, we have hit that red resistance line five times now, turning back in each instance.

0913-rutlong

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Your Brain

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I got an interesting email yesterday:

I’m a new member – and I love your site! I’ve trade stocks through my own account for years and I feel your site is a truly great resource –  which brings me to why I’m directly contacting you:  I’ve recently partnered with the University of Illinois to research what goes into a trader’s decision when they look at charts. Specifically what part of their brain is involved – and conversely what part of their brain is actually better at it.  The first test is helping establish a baseline and it involves picking a stock direction when looking at an anonymous chart – the respondent is only given one second to decide – which eliminates the participation of the prefrontal cortex. These decisions will be made with the brain stem only (subconscious). The reason I’m asking for your help is that I need participants who have spent an unhealthy amount of time looking at stock charts – thousands of hours – and I was hoping you’d have an idea about how best to reach them. I will share the results of the study with anybody who participates and none of their information will be shared or used for anything other than analyzing the results. I’ve included the link to the test (it takes about three minutes to complete) and would really appreciate any help or suggestions you have for getting it out to the community.

I readily agreed and took the survey myself, and it’s fun. Here’s the link………..