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…

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.

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.

Courtesy of dshort.com

What kind of people appear in this magazine?

People like me, of course! ;P

I’ve obviously been spending a lot of time learning about what’s going on with the financial markets, the economy, etc. I am certainly no expert, but far more informed then I was a few months ago. I have yet to take the same strong interest in politics…

Flashback to 2002, when I quit my job at InsynQ as a beautiful love interest (Eriko) forced me to realize that it was going nowhere. In doing so, I spent several months unemployed and it has completely impacted and changed my spending habits. Before the unemployment, I spent money like I would always have money - not necessarily in debt, but very little savings.