Reading Roundup (V)

Articles I've recently read with my comments in brackets and other miscellany:

Poker Is Flush With Insight for Traders, by Doug Kass. [via Barry Ritholtz... both typepad and blogspot sites are blocked from China so I can't read Barry's site anymore, but I am able to divine what he's writing about via his headlines and summaries posts at Bloglines. The Kass article is unfortunately posted at TheStreet.com, which shamelessly splits up a 900-word essay over three pages to serve more ads (don't worry, I linked to the printer-friendly version). There's a reason TSCM is wildly overvalued at $3.67 a share. Anyway, it's not a bad article, but he forgets to mention the most important thing of all: when you sit down at either the poker table or your trading station, you have to have enough money ("adequately capitalized") to play the game.]

My Google Trade Today and I Hate When that Happens!, by TraderMike. [Mike wrote detailed posts about two of the trades he made yesterday -- good stuff! I don't remember ever entering a trade off the wrong time-frame, but I can see it happening, say if I were simultaneously trading and surfing for porn I might be distracted enough. ;-) It' a crying shame he didn't properly Dummy that ADTN, but there's always next time and the loss he took was very small.]

News Corp to buy Intermix for $580 million, by Derek Caney. [I've never even heard of MySpace.com ... no doubt another idiotic acquisition à la the Dow Jones purchase of MKTW.]

Gee, I think I saw all these stocks making new highs (HOV, TOL, KBH, RYL, etc.) talked about somewhere recently. Oh yeah, in MaoXian's "Focus on the Homebuilders" chat. Good thing I hang on his every word. ;-)

One neat tip I picked up via Brad Feld is to create a tag at delicious called for_maoxian ... if you use delicious and find an article that you think I'd be interested in reading, just tag it for_maoxian. I subscribe to the for_maoxian RSS feed at Bloglines and can quickly see all the articles folks call to my attention. Give it a shot, it's neat!

We've moved out of our place at China World Apartments, which I'm sorely going to miss. Why? Because I won't run into any more beautiful women in the elevator. There were dozens of "kept women," or mistresses being housed in that place. They're all young, gorgeous, and bored out of their minds. They were strangely unattracted to me -- maybe I resemble their fat, bald sugar-daddies too closely -- but they loved Baby T and invariably smothered him with kisses, the lucky devil.

Speaking of Baby T, his new favorite song is Stop, Pretty Baby, Stop, sung by Joe Williams: "Stop, pretty baby, stop, because I want to talk to thee ... I want to tell you pretty nothings about how good you look to me."

Google for Dummies

Here's my 15-minute chart of GOOG from yesterday. TraderMike's chart (mentioned above) looks a little different from mine (he uses eSignal data, I think; I use Quote.com), but Dummies should be able to spot the low-risk spots to get long in a flash.

GOOG, 15-min. Chart