|
|
||||
|
market commentary: 1.30.2001 although perhaps not the classiest guy in town, hacker-turned-venture capitalist kim schmitz owns lots of toys. he also apparently has enough cash to throw down the toilet that is the letsbuyit.com / mobshop.com / mercata.com biz model. 1.23.2001 economic diagnosis from anectdotal evidence is, as ever, so ingrained in the financial media that nobody even questions whether it is a worthwhile endeavor. efforts like this one, a typical example of garden variety rate-watching, are informative, well-written, timely, and...totally useless. 1.22.2001 first, california power companies got a rigged wholesale energy purchasing process that virtually guaranteed sharply higher first costs. then, they got tight retail pricing controls, which, when coupled with virtually zero capacity online in the last 4 years, virtually guaranteed the current debilitating power shortages. all in the name of "deregulation". wow...gee thanks, now at least they will be able to go into massive debt to save themselves from bankruptcy. uh, let us agree to disagree with this warped viewpoint. 1.19.2001 is the world ready for single-stock futures trading? apparently, the u.s. is not as keen on the idea as the brits, as the latter's liffe exchange is ahead of its american counterparts in going ahead with this big financial experiment. just one more match for traders to burn themselves with? or a purer, more efficient way to take a position in a given stock without the hassle of transacting the underlying? how about both! 1.18.2001 tradeblog is back and better than ever! the site has a brand new look, and content has been expanded and updated throughout. in the downtime, not much has happened in the world of finance: the naz has lost 40%-ho hum...the fed "surprised" everyone with a 'tweener rate cut-zzz...japan is still in recession but pinning high hopes on Y120-oh, please!...'semi-pro' daytraders are still in recession but pinning high hopes on the 'all-optical network,' holy grail of the tech world, all the while relentlessly calling each other 'dick brain' in the chat rooms-lovely! so where does mr. hedgie stand? keep coming back to this site (occasionally buying a book or two) and find out on a regular basis! |
|
|||
|
|
||||