reading is fundamentalist

May 27, 2004

Toy of the Moment an online minibook with as realistic a virtual page-turning interface as possible.

Photography of the Moment
The photography of Bill Owens. His "Suburbia" photos are the most interesting bit, suburbanites and their dwellings in the late 60s/early 70s. The captions, the thoughts and feelings of the people being photographed, are the wonderful. (For some reason, the "Next" arrow next to each photo doesn't seem to work...for quick browsing (in IE at least) I suggest clicking on the first link on the left, then hitting tab, enter to view each link in turn.) If you're in a hurry, just check out Drink and Dance. Forget the weird clothes and ugly Christmas tree...those people are having a great great time. (This one reminds me of an old Polish joke however...)

Random Observation of the Moment
S'funny how the stock markets have all pretty much ignored the summer terror warnings. I don't konw if it's because they're all skeptical about it, or the decline in oil prices are that much more captivating, or what. (I pay more attention to the stock markets than I should. It's not healthy for me to feel that my fortunes are so closely tied in with the markets when the relationship is pretty distant overall.)

Probably everyone has a hare-brained, won't-work scheme for making money on the stock markets, and here's mine: there's some kind of relatinship between the Tokyo Stock Exchange and the markets over here. They're open different times, though. It seems like there should be some way to use one to have a good idea of what the others going to do...not perfectly, market-affecting news can happen any time, but still...So, if you could just daytrade in index funds for the relative markets, or some other stock that was highly correlated with the market as a whole, you should be able to make a mint. I think.

Anyone who knows more about the practicalities of daytrading or the markets in general than I do want to explain why it wouldn't work? I remember writing up a Perl computer simulation to demonstrate to a friend that the black/red roulette trick of "always double up after a loss" can't work, but this idea depends on more specifics than that.

Still, maybe someday I should get into some "paper trading", coming up with wacky schemes and trying them out risk free.

Requiem of the Moment
Man, do I miss the website (Permalink to what's repeating today.) It was so clever, so funny, with its thin-columned little snarky articles and Polly Esther / Terry Colon cartoons. (Here's a kisrael piece on when they shut down...)