Sunday, April 26, 2009

another great day

yes it was another great day. it was cloudy and cold, just the way i like it. it helps me think clearly. it helps me remember. but it never helps me forget.

funny how i define a great day to be one where it is all dark and gloomy, where i simply have time to myself and do nothing. since when have i been this way? funny, i don't remember. now the only thing missing is the last string on my guitar. i really should get a new set of strings. i wish there was an online shopping site where they would deliver the guitar strings right to my doorstep. maybe there is...

well anyways i'm torn between ghs bright bronze contact core, ghs vintage bronze and ghs silk and bronze. i'm not a fan of sounds that are too warm and mellow, i'm gunning for sounds that are brighter, slightly warm is fine, as well as crispy, giving that tone suitable for studio recording. if you do have any inputs i'd like to hear them out. currently i'm using bright bronze contact core strings, and they do provide great sustain and a full and rich tone. i might want to try something different.

sadly, its not longer raining now. i wish it would continue throughout the night. no i'm not being emo, i thrive in the dark and i have a dark dark life. and exams are next week and the week after, i'm expecting myself not being able to breathe for awhile, but once that is over it is going to be a long long break that we all truly deserve.

Thursday, April 16, 2009

are we really going short?

the markets have been on a rampage since a number of weeks back. it has been up, up and up. but is there any reason behind this? i have no clue. but lets just look at some of the factors and you make your own call, and tell me have you ever seen a bear charging up.

economic conditions in general hasn't been all good. positive news have been sporadic, adding fuel to the rally. the current climate still looks very dark and gloomy, and there isn't really a light at the end of the tunnel. not anytime soon. but why this strong upwards move?

my best guess to this question would simply be human rational/irrational behaviour. once the low was touched again, it formed a double bottom pattern, and bargain hunter scooped huge baskets of stocks and keep them in their portfolio. herd mentality led others to do the same as his neighbour or the shoe shine boy. the huge wave in buying led to an increase in momentum in buying pressure, a wave that swept short sellers by surprise, forcing them to cover their positions at either a loss or a reduced profit, spurring the rally. like pouring fuel to a fire.

as a result, the market gives a false sense of impression that businesses are picking up, the market has waded the storm floods and the sun is back up again. people are in a positive mood.

then as we look at the next critical resistance, the highest high since the lowest low was touched, this is where short sellers are lying wait. the wait for the next sign that the momentum has died, and the frenzy of buying will lead to the next wave of manic selling.

today the market turned, whether that is an indication or not, i can't say for sure. it might just be a consolidation. but all i can say is that if you expect the stock market to pick up, stop and rethink.

the next wave will come, and its going to be down.

Thursday, April 9, 2009

wtf

i can't believe that i still reminisce. its kind of shitty when you think of it. you are enjoying your life now. well good for you, but never discredit what ive done for you and how i did make a difference. i know who you credit for what you've become, but seriously until then, no one knew you better in this world than me.

never discredit me, for i never did discredit you.