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Completely by chance, I stumbled across this video of a 17 year old high school junior named Sam Berns who had an extremely rare disease that aged him at a highly accelerated rate. Even though he was 17, he looked 90. I clicked the link out of curiosity, but I was transfixed for the entire video.
As I was watching it, I thought to myself, “He looks so frail – – I wonder if he’s still alive.” But I soon found out that a very short time after this video was made, he died – – basically of “old age”, in spite of being in high school. The simple truth is, not all of us become the men we once hoped we might be. But we are all God’s creatures. I hope you find the video inspiring.
I was thumbing through Monday’s New York Times, and there was a huge two-page spread of all the insults Trump has deployed (it’s quite well-organized). Accompanying all this text was a chart showing the quantity of insults over time: (sorry for the low quality scan):
Steady, consistent, and baffling, isn’t it? Remind you of ANYTHING ELSE these days?!?!? (more…)
Well obviously SPX didn’t do the higher high that I would have preferred, and this morning’s gap down broke down through rising wedge support and also gapped back through the open breakaway gap up from 2839.25. This currently leaves a decent quality island top on SPX and an open breakaway gap down from 2853.53 that I wouldn’t expect to see filled until the current decline is finished.
No clear reversal pattern yet, though there is a poor to medium quality H&S option that I have marked on the chart below. The minimum targets I would generally be looking for on a break of a rising wedge like this are the 38.2% or 50% retracement targets in the 2797 or 2773 areas respectively. SPX 60min chart:
I’ve been peeing on Pier One on this blog for years, because my view is that it’s simply aping its collapse back in 2007/2008. So far, so good. Firm support is at $0, and until then, scented candles,throw pillows,and other useless bric-a-brac await. How many bamboo back scratchers does the world really need, anyway?
I am a big movie buff (some of you may remember I’ve even written a screenplay – – so, umm, any movie producers out there, drop me a line). When I love a movie, I’ll watch it a dozen times or more. Here on Slope, we’ve had some lively discussions about great movies, but one of the classics I never got around to watching was The Shawshank Redemption, even though it is consistently near the top of any list of great films.
Today I watched it, and I enjoyed it. I now understand why people like it so much. However, I was struck by the similarities between the movie and one of my favorites from my childhood, Escape From Alcatraz, which came out about fifteen years before Shawshank.