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Archive for the 'Other Danny Thoughts' Category

01 Aug

My 2¢ on Charts…

I wanted to add a quick thought the the TA analysis debate between The Mexican and my friend The Shed.
My point is that charts let you know where you stand in relation to other sellers.
Think of it as Texas Hold ‘Em.  In the market, like poker, you’re really just battling other players.  You know a [...]

19 Jun

Five Bad, Two Good

1.) (CEDC: 64.19 -0.48%)’s secondary. Was stopped out at 71.
2.) (CLHB: 77.76 -0.29%) jerked me around this morning. Still like it, though skeptical.
3.) Covered (PCLN: 98.30 -2.07%) at 127, slight loss
4.) Shorts going up, longs going down (save for a few gay bank stocks)
5.) Was up this morning, now negative, breaking a long [...]

23 May

I Beat College

I finished school in December, but am walking tomorrow. So cheers to me and my Accounting degree.
…And to Fly’s 32nd gangster year of old-man stairwell pushing. I could be muddying details, but I believe he once mentioned pushing an old-man down a flight of steps at the tender age of 3. The [...]

17 May

Read This

This book is fucking excellent. It’s well written, deals with accounting fraud, and provides a lot of great insights. I highly suggest you read it. Fooling Some of the People all of the Time.

14 Apr

CNBC Conversation of the Day

Dennis Kneale: [directed at "Meatballs" Gasparino] “Are there more dividend cuts coming from the banks?”
Bill Griffith: ” Very quickly…”
Meatballs: “I don’t know.”
Bill Griffith: “Hehe, that was quick. I love it when we’re truthful about things like that.”
Yes, that was a real conversation just on CNBC. I love it when we’re truthful [...]

09 Apr

“You know the market has bottomed when…”

1.) Dennis Kneale weeps on air like chris crocker pleading with the media to “leave Greenspan alone.”
2.) Meredith Whitney becomes the new host of Street Signs.
3.) Maria no longer wears make-up despite the channel moving to HD.
4.) CNBC ticker runs on a 20-minute delay due “rising input costs.” Besides, who needs a live [...]

26 Mar

Accounting and Life Lessons…

I studied Accounting in college, but until today, I haven’t been able to grasp the enormity of the profession. That is, until I realized I need to think like an Accountant. It’s not the application of principles — it’s a mind set.
Accordingly, here are some my new ‘Life Accounting Rules.’
1.) Always read [...]

16 Mar

Extraordinary Popular Delusions and the Madness of Crowds

…Is the title of the book I am currently reading.
I highly recommend this book. It recounts all “public follies” with detailed stories and narratives on The Crusades, Witch-hunting, Alchemy, Prophets, animal-magnetism, dueling, haunted houses, elixirs and the like. The first one hundred pages are the most relevant to me and are the source [...]

12 Mar

Danny (1) vs. MRSA (0)

I win.
Apparently, (CPHD: 19.19 +0.10%)’s fancy, expensive MRSA test machine…doesn’t beat a petri dish test.
On Tuesday, the Journal of the American Medical Association published a study that said screening of patients for MRSA did not reduce the number of hospital-acquired infections. The study was conducted over a two-year period in a Swiss teaching hospital.
- [...]

06 Mar

An Homage to Dinosaur Trader

Ever since DT shut down the rampant sack of gay he called a “third-tier,” there has been a noticeable lack of ranting over market minutia that quite frankly, I miss. No insult, no lies.
Oh, and the UCB reference? Awesome. You all have handled my ass pennies. I fucking love that show.
Anyway, [...]

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