Monday, February 11, 2008

Book Review: Why Stock Markets Crash: Critical Events in Complex Financial Systems. Didier Sornette, Princeton University Press, Princeton, 2003.

Porra, Joseph M. "Why Stock Markets Crash: Critical Events in Complex Financial Systems."
Author- PorrĂ , Josep M. Journal of Statistical Physics; Nov2004, Vol. 117 Issue 3/4. p773-774, 2p.


" The build up of financial bubbles manifest itself as an overal super-exponetial Power-Law acceleratin in the Price Growth Accompanied by long periods of oscillation."

Basically, what he's saying here is bubbbles in the stock market are always the source of a crash in the stock market.

Book Review: Why Stock Markets Crash: Critical Events in Complex Financial Systems. Didier Sornette, Princeton University Press, Princeton, 2003.

Book Review: Why Stock Markets Crash: Critical Events in Complex Financial Systems. Didier Sornette, Princeton University Press, Princeton, 2003.

Author-

The Investor's Guide to Technical Analysis

C. Colburn Hardy. Stock Market Theories. New York: McGraw- Hill, 1978

Author- C. Colburn Hardy

Publisher- McGraw- Hill Book Company

New York, St. Louis, San Francisco, Auckland, Bogota, Dusseldorf, Johannesburg, London, Madrid, Mexico, Montreal, New Delhi, Panama, Paris, Sao Paulo, Singapore, Sydney, Tokyo, and Toronto

Copyright 1978

Stock Market Theories

The most Popular Theories in the Stock Market is the Dow Theory.

" To Dow, THe Stock Market Wasa Barometer of Business. His theory calls the turns of the market and forecasts the business cycle or longer periods of prosperity or depression. Under his concept, there are two major movements of the stock market: the Primiary movement, which last usually 23-33 months or longer, and the secondary movement, which usually last from three weeks to three months and, during this period, retraces one-third to two-thirds of the previous market action- the advances in a Bull Market, the decline in a Bear Market."

Their are many doubters to the Dow Jones Thoery. Many don't like it because it's out-dated. It uses Closing Prices which aren't that accurate because the price may change a lot here and there through the day.

How to Find Winning Stocks

1. Review Weekly Charts.
2. Check the Weekly Stock Market tables.
3. Watch the DAily and Weekly highs.
4. Py special attention to most active stocks.
5. Study the group stock averages.
6. look at the overall stock market.

Fortune's Guide to Personal Investing

Editors of Furtune. Fortune's Guide to Personal Investing. New York: McGraw-Hill, 1962-1963


Copyright 1962,1963

By the Editors of Fortune

Mcgraw-Hill Book Company, Inc.

New York, Toronto, and London

Brokers

Not all Stock Brokers are good, some are bad. Even though it's illegal for stock brokers to advertise that they can make trades faster, some Brokers can. Because some Stock Brokers are so big they can have more representatives on the Floor at the Stock Exchange giving them a better chance to get the stocks faster, or get rid of the stocks faster. So when looking for a stock Broker you usually don't want to go with a new smaller firm. It's generally best to go with a bigger Broker.

" The number of men afirm as on the floor does matter to the customers, and sometimes it matters a lot- e.g. When a sudden new development inspires investors all over the US to ask their brokers to buy a stock, the first orders executed might be at a lower price than the later orders."

Thursday, February 7, 2008

Brave New World- Volume Two

I've now Gotten to the point in the book when the plot is starting. At first the book was just explaining all about the new world A.F. (after ford), but now the plot is starting to unfold.

So in the story there is the main character Brenard. He is pretty much a loser. He is pretty much the outkast of the whole new world A.F.. He likes this girl named Lenina, she is pretty much as normal as anyone in the world A.F.. For someone reason Lenina likes Brenard and thinks he is interesting.

Brenard decides he wants to take Lenina to The Reservation. The Reservation is basically like an indian reservation, except the indians are actually really living the indian life. So once he takes her there he meets this mixed boy named John and his mom Linda. Brenard becomes facinated with there way of life, because he himself is somewhat of an individual. Lenina on the other hand is really appauld by indians and thinks they're savages. Once Brenard is there and talks to the boy and his mom for a while he realizes that the boy is the son of the Director, and that's where I'm at now.

I think it's really funny in this book how disgusted everyone from the world A.F. gets when they see things like mothers and fathers taking care of their kids. Lenina was constantly freaking out when she was at the reservation. It's also funny how they thing it's so weird that someone would want to sacrifice something to gain something e.i. trying and trying your hardest for a girl who might never like you.

Wednesday, January 30, 2008

Brave New World Post One. British Noval Project.

I would first like to start off saying that Brave New World is a very well written book and is enjoyable to read. Aldous Huxley does a very good job with suspense. Even though the story line ins't that suspenseful, the way he writes makes it suspenseful and keeps me glued to the book.

So far in the story they have basically gone over the whole aspect of making children in the new world A.F. (after ford), the use of zoma as an everything healer, and most importantly the importance of efficiency in the world A.F.. They have also introduced some characters that I'm guessing will be the main characters in the story.

The way they make babies in the world A.F. is crazy. Every human-being is conditioned as an embryo to serve a specific purpose in life. And everyone is a pre-determined caste. They can either be Epsilon (the stupidest people, used for labor jobs), Gamma, Delta, Beta, or Alfa which are the smartest and also the tallest of the castes'. All the babies start as Embryo's in a factory and our conditioned to their destined caste. In the process of conditioning embryo's are basically tortured, depending on their destined caste. The farther down the caste you are the more you will be conditioned. Babies and children are also fed massive amounts of propaganda. They don't live in houses with parents like we do, they are raised by the government and when they reach their adult age they go to work. While in these government houses they are constantly being fed propaganda through all types of methods, mainly they use hypnopaedic. Hypnopaedic is a way to feed children propaganda in their sleep and engrave it in their brains. The main slogan that every caste of children gets is " Everyone works everyone else."

The thing that stands out to me the most in this book is the lack of individuality in their society. Everyone is born into their occupation and never has a chance to be anything different. In the world A.F. nobody has any options. I have a feeling this is going to play a big part in the plot of the book because one of the main characters, Brenard Marx, is one of the few people in the world A.F. society that is somewhat of an individual.

Tuesday, January 22, 2008

Anglo-Saxon Project

Reading Beowulf sent me through many ups and downs. There were many parts of the book that I did really like and some parts I got really into, but there were also a bunch of times were I would just get bored and wonder what was going on or why they put a certain section in the book.

The parts that stood out to me were the battles that Beowulf was in. The one I liked the most was the fight against Grendal’s mom. When I was reading that part I really got into the book. The biggest thing that stood out to me while reading Beowulf was the way the text flowed since it’s written as a poem. During the fight with Grendal’s mom the text was just flowing and flowing.

One thing I didn’t get about Beowulf was why the book had so many conflicts. I felt like they should have spent more time building up the conflicts rather than using multiple conflicts. I think that Beowulf should’ve been broken into two books. One that goes into Beowulf’s battles with Grendal and his mother and the other should include the battle with the dragon and Beowulf’s death.

When I think of Anglo-Saxon culture I imagine a crazy scary environment. Back then they were much more rugged than we are today. They lived in what I think of as a brutal world. Kings ruled over small territories all over Britain and had a lot of power and exercised it willingly. When I think of an Anglo-Saxon person, I picture a very dirty illiterate person with a short temper and ready to fight.

When looking for how Beowulf illustrates the Anglo-Saxons I first looked at their strong belief in god, "The battle would have ended quickly, if God had not protected me. " All through the story everything is about god, and how god is this almighty power that will strike you down if you do him wrong.

One thing I picked up on through the book was how they talked about the world as if it was much smaller. Many times in the book they would say stuff like this, "Poets sang sad songs throughout the world," I really doubt that Arabs were sympathizing with King Hrothgar, but back then I think they thought of the world as much smaller.

The biggest thing that illustrated the Anglo-Saxon culture to me was Beowulf’s bravery and how he was such a great warrior.

"They saw me come from battlesstained in the blood of my enemies, when I destroyed a family of giants,when I endured pain all night,killing water monsters,"

When I think of Anglo-Saxons I always thing of the big, brave, warrior and that is exactly what Beowulf is.

Beowulf is pretty much the same as any hero story. Beowulf is the typical modest hero. Though he has great strength he is still nice and only uses his strength for good."The battle would have ended quickly if God had not protected me. Nor could I accomplish anything with Hrunting, that strong weapon, but the ruler of mengranted me to seea beautiful old mighty swordhanging on the wall." The biggest thing that stands out to me is how Beowulf only kills his enemies with his bare hands instead of using weapons. "scorn to carry sword or shield,but I shall seize my enemy in my hand grip and fight,"

One difference between Beowulf and a modern day hero is that he doesn’t have super powers. A lot of modern day heroes have superpowers like superman and Spiderman. Another difference Beowulf has from modern day heroes is he died at the end of the story. Most of the time in a modern day hero stories the hero lives.

I thought the way Beowulf died was very appropriate for the story. I kind’ve saw it coming, but it was still good. "He bit Beowulf's neckwith sharp tusks--Beowulfwas wet with life's blood;blood gushed in waves." I thought this was a good way for Beowulf to take his final blow. The only problem with it was that is was a really serious blow. There’s no way Beowulf could’ve picked up his knife and stabbed the dragon after being bit by a fifty foot dragon, but that’s why it’s a story.

I thought that it was really pathetic that Beowulf’s men were too scared to go help him. Beowulf had given them the best of everything, and when it was there time to return the favor they wussied out. I thought it was good that one of Beowulf’s men was loyal, but I think they should’ve killed the cowards. It’s already a pretty gory book, might as well throw in some vengeance.

The last little bit of the book is good when the author is talking about death.

"It's a mystery wherea good man goeswhen he reaches his end,when he can no longerlive in the houses of men.So it was with Beowulfafter he'd soughtthe keeper of the cave.He himself couldn't knowhow he would leave the world."

This little bit of the story is good for the ending because it kind’ve makes you think of death, and putting yourself in Beowulf’s shoes. I really like the part when the author says, " He himself couldn't know, how he would leave the world," because you don’t know what happens on earth after you die.