Bob Sacomano

Technical analysis, trying to glean patterns from the buying and selling activity of many different agents with various motivations, is kind of like trying to get useful information about the distribution of appearances of mentions of unseen character "Bob Sacomano" on Seinfeld, who is mentioned perhaps a dozen times throughout the run of the show.

By which I mean, the pattern is not there for any good reason; they just decided to use Bob Sacomano whenever it was funny or appropriate.  Looking at the past distribution of "Bob Sacomano" would not help you to predict the next time they will use that character.

Ten Thousand Days Alive!

Today is my ten thousandth day alive.  I'd like to thank my parents for making this day possible. Our culture doesn't celebrate this day but I wanted to start - after all, celebrating birthdays is equally arbitrary. I think this will be a very lucky day, and I wish you all the best!

Michael "Myriad" Currie

Icelanders made to pay Versailles-level reparations by British government

An example of how gov't intervention made our lives worse: 1. The British government passes terrorist legislation to freeze terrorist accounts:

2. Icelanders get their assets frozen abroad because of the actions of a private bank in iceland (it made lots of bad loans).

3. So to appease the british government the icelandic government has to promise to pay bank british depositors to the icelandic bank (why would the government post hoc guarantee an insolvent bank??)

4. This way the icelandic government hopes to get british government aid and their accounts unfrozen!

What started the problem here?  The chancellor of the exchequer was ever given the power to freeze innocent people's accounts to begin with, through the terrorist legislation.