Friday, July 17, 2009

A Tool for the Coming Backlash

Man oh man, when this Suckers' Rally collapses and the political recrminations begin, I expect the tools available to the show trial coordinators and the conspiracy theorists will blossom into a full-spectrum field of video and analytical juiciness as the formerly rich and powerful are linked together in their "crimes against the People" or whatever jargon will be used to dress up the anger that will be expressed by a world population needing scapegoats.

Here is a Muckety Map of the "influence" of Godman Sachs - a fantastic example that I expect will only grow in its ability to tie together people, businesses and influence:


Video Goodness

Enjoy.

The Daily Show With Jon StewartMon - Thurs 11p / 10c
Lenny Dykstra's Financial Career
http://www.thedailyshow.com/
Daily Show
Full Episodes
Political HumorJoke of the Day

h/t Calculated Risk

Thursday, July 16, 2009

For You Future Leaders

We've talked about the "Chump Phase" of the coming Great Collapse - that nebulous period of time where the old ways we all grew up with no longer produce productive results, but the legal and social constraints on action hobble any attempts at radical new ways of reworking productive and social life.

For those of you with thoughts of future leadership, or who enjoyed reading Luttwak's "Coup d'Etat: A Practical Handbook" a new paper is out that can maybe provide you with a leg up for when the big political shakeups begin rolling across the continent:

Effective Leadership in Competition
Hai-Tao Zhang, et al in Physics and Society
Among natural biological flocks/swarms or even mass social activities, when the collective behaviors of the followers has been dominated by the moving direction or opinion of one leader group, it seems very difficult for later-coming leaders to reverse the orientation of the mass followers, especially when they are in quantitative minority. This Letter reports a counter-intuitive phenomenon, Following the Later-coming Minority, provided that the late-comers obey a favorable distribution pattern which enables them to spread their influence to as many followers as possible in a given time and to accumulate enough power to govern these followers. We introduce a discriminant index to quantify the whole group's orientation under competing leadership, which helps to design an economic way for the minority later-coming leaders to defeat the dominating majority leaders solely by optimizing their distribution pattern. Our investigation provides new insights into the effective leadership in biological systems, with meaningful implication to social and industrial applications.

h/t The Physics arXiv blog

Wednesday, July 15, 2009

Futures Juncture Free Week

Elliott Wave International has another "Free Week" offer available to anyone who takes the time to sign up for their free "Club EWI" service. This offer allows you full access to EWI's Futures Junctures product. For those of you who are already signed up, you already have access.

I highly recommend taking advantage of this opportunity, even if you are not a commodities trader. Watching how EWI uses Wave Principle for these kinds of markets in real time allows you to make up your own mind on just how useful WP can be.

These are the actual reports, not watered-down samples and you get FREE forecasts and analysis for:

  • Soybeans
  • Corn
  • Pork Bellies
  • Wheat
  • Lean Hogs
  • Sugar
  • Cocoa
  • Live Cattle
  • Cotton
  • Orange Juice
  • Feeder Cattle
  • Coffee

Your full FreeWeek of access includes: daily subscriber videos from EWI Senior Commodities Analyst Jeffrey Kennedy, his Weekly Wrap Up video which delivers Elliott wave forecasts of up to 18 different markets, and his Monthly Feature (his latest is on Soybeans, Corn and Wheat), plus regular updates on key sentiment indicators such as the Daily Sentiment Index and Jeffrey's own "Futures Junctures Index of Crowd Psychology."

The usual caveat applies: If you sign up for a Club EWI membership I get a small credit as an EWI affiliate. If this type of arrangement bothers you, then by all means go directly to the Elliott Wave International site by typing in the address instead of using a link from this blog. Doing it that way allows you to sign up from their site without it showing that you linked over from here. I honestly don't care which way you do it. This is important information and it needs to be disseminated.

Take advantage of this opportunity. There is a lot of good stuff just being handed to you. Reach out and take it.

The Colony

I've been trying to limit my doses of TeeVee over the past year or so, but this looks intriguing as hell:

Tuesday, July 14, 2009

Predictable Irrationality

Fascinating (in my opinion) talk that has many intersections with Wave Principle theory and Socionomics.

For those interested in memeering, think about what he has to say about how "choices" get made - both by the general public and by "experts."

Monday, July 13, 2009

More Workplace Anger

I am wondering when this sort of anger will cross the Atlantic...

French workers threaten to blow up factory
PARIS, July 12 (Reuters) - Workers at collapsed French car parts maker New Fabris threatened on Sunday to blow up their factory if they did not receive payouts by July 31 from auto groups Renault and Peugeot to compensate for their lost jobs...

Thursday, July 9, 2009

Unhealthy Times

Not sure if it means anything, but the lifespan of folks in high finance seems to be creeping downward these days.

Hedge fund CEO dies in glider accident
by Emily Firth, citywire
Jean-Pierre Aguilar, the CEO and co-founder of French alternative asset manager, Capital Fund Management (CFM), died in a glider accident on Saturday, the firm has announced.

Set up in 1991, Paris-based CFM is one of the oldest French alternative managers. It specialises in statistical arbitrage on futures, equities and options...

Mssr. Aguilar was a computer scientist and big-time quant. I wonder what algos he was running?

Then this odd-sounding, follow-on tragedy:

Trader Dies in London Fall
By Tara Loader Wilkinson
A 24-year-old equity sales trader who worked at Deutsche Bank in London died this weekend after falling from a rooftop garden in London's financial district. Anjool Malde worked in the small- and midcap equity sales business at the German bank since joining as a graduate trainee in 2005...

...He had been asked to leave work at 3 p.m. on Friday, but Deutsche Bank said he wasn't under any suspension or part of a disciplinary action. "He was helping the bank with an inquiry into an IT matter," according to a bank spokesman. "It concluded at 3pm on Friday and he was expected to come back in this week to continue with the matter. It was very preliminary. We are deeply saddened by our colleague's death, and our thoughts are with his family and loved ones at this time..."

Huh. An IT matter? Glad I bailed from computer programming in the finance industry back in 2002. Getting unhealthy out there for folks involved with computers and finance.