https://www.gravatar.com/avatar/aca0e16473affc5e8774274b4c259bcc?s=240&d=mp

Nick Kirsch

Google Reader

I’m going to throw in a plug for Google Reader. For the past several years I have been using rss2email, which is a wonderful tool but not perfect. I love the fact that I can get feeds in my email - to a point. I now am watching over 20 financial feeds (what can I say, I’m hooked) - which is cool, but overwhelming my email box. I can easily see 50+ emails a day - and I don’t have time to process them all.

Buoyed by my early success...

I have now mastered the art of buying high and selling low!

I have also noted several observations:

  • The leveraged funds lose value over time due to high expense ratios and the simple math that 10% and 10% up doesn't mean you're in the same position. These need to be day-traded, not held - and you need a stomach for big market moves.
  • Futures tend to overreact; while they may predict the outcome for the day, buying pre-market or post-market exacerbates the sentiment. I think this can be taken advantage of by being "anti-sentiment".
  • Don't count your chickens before they've hatched. If you feel that giddy about your position, take the profit now.

I’ve also learned that my experiment with day-trading has reduced my average amount of sleep from 8 to 5 hours a night. It has very quickly become an obsession with very little (if any) personal gain. While there is an unrealized (!) potential for monetary gain, a different obsession would be a better investment of my time. Nontheless, I am not abandoning this obsession just yet…

holiday spirit...

This is a sick perversion of the holiday spirit.

A man died because people were so desperate to save a few percentage points on the latest imported junk. No one even bothered to help him.

I’m disgusted.

how i spend my time these days...

Isilon and Jerry… I’ve been on several trips recently - to Atlanta, Austin, and soon Los Angeles. Jerry keeps me really busy, from the moment I get home until the moment I leave the next door. We’ve been having a ball.

He made two verbal slips that were pretty funny recently - we were talking about fruits and donuts and he accidentally said “banut” (banana donut). As soon as the word came out, we both started laughing. There was a look of surprise on his face. Today, the same thing happened - he wanted to watch Bee Movie and instead said “Boomie”. He’s has become a very effective communicator, very fast.