Search Results for: palo alto

Hitler High

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The town fathers of Palo Alto have outdone themselves this time.

Here in my town, as with most of America, the public schools are named after public figures of note. All across the country, you’ve got your Washington High, your Lincoln Middle School, Churchill Elementary, and so forth. In Palo Alto, a couple of schools have been named after David Starr Jordan and Fred Terman. They’ve had these names for decades, ever since they were opened.

Well, when political correctness and social justice warriors were at their peak a couple of years ago, some people came upon the fact that Jordan and Terman had, during their time about a century ago, been advocates of eugenics. In their era, many scholars and men of good will openly discussed the idea of improving the human condition by promoting reproduction among “desirables” as opposed to, say, the retards that hang out in the ZeroHedge comments section. (more…)

Obviously

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There are countless quotes, aphorisms, and bromides related to the world of trading. One of the best known is Joe Granville‘s: “If it’s obvious, it’s obviously wrong.”

Having lived with, considered, and occasionally applied this nugget of wisdom over the years, my conclusion is that what’s “wrong” is actually the quote itself. I believe its principal appeal is that it has that counter-intuitive, funny-because’s-it’s-ironically-true sensibility to it. Kind of like Mark Twain’s “….the coldest winter I ever spent was a summer in San Francisco.” Har de har har. (more…)

The Mean Streets of Atherton

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People seem to think that Palo Alto is a “rich” town, just because the likes of Mark Zuckerberg, Marissa Mayer, and Larry Page live here. Not so. It’s full of slobs like me. The really rich town is Atherton, a few miles from here, populated by an increasingly large proportion of Indian billionaires.

As you might guess, Atherton law enforcement doesn’t struggle with the same crimes that, say, Baltimore or Detroit police do. Here’s a recent sampling: (more…)

SlopeCharts Now Has OBV!

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I’m seriously losing track of how many features we’re adding. I think this is the seventh one in two days. Anyway, as the title suggests SlopeCharts, my pride and joy, now has On Balance Volume.

The On Balance Volume (OBV) indicator is a relatively simple SlopeCharts indicator that combines volume and price to help determine change of trend. The OBV line chart doesn’t have its own price scale. Instead, you simply need to observe the pattern of the line and how it relates to the price chart as a whole.

As strong volume accompanies rising prices, the OBV will surge higher. However, as strong volume occupies drooping prices, the OBV will push lower. The higher the volume, the more “weight” the up or down movement in price will have. The lower the volume, the less the OBV will move based on the present direction. (more…)