The never ending upward Bernanke market has given way to a chop shop type show. It's not even fair to call it that. This market is like some morning when you walk out to your car and during the night some nuts jacked the car up and stole the wheels right off it. Seems like a lot of effort to go through for a few wheels, but people do what people do. Examples:
Today I missed having my WNR (weener, get it!) cut off because I had my stop so tight on this piece of shit stock that I got executed right at the open. I got stopped out for a 6 cent loss (fractional percentage) and then the stock dropped over 7% for the day. River flooding is going to cause havoc with refiners in the area, too bad WNR is based in Texas. Who cares, the whole sector got ripped.
Oil, silver and the whole commodity show got blasted again and the margin games keep going on. I have read this is due to protection from the uncreased volatility and perfectly normal. Can't wait for margin hikes for stocks when those start moving with some volatility.
I am still in OCLR, LF and SOFO. The charts still are holding up, but who knows what tomorrow may bring.
Volume during sell off days is 2 times higher than upside days. Who has all these shares to sell when no one buys them? I guess all the dip buyers buying on all the small drops. To be honest this stuff is getting pretty boring.
I was thinking about the Twitter revolution and it seems the younger folks are moving that way (away from Facebook) because your Mom posting on your wall about your drunken weekend must be getting old by now. What could be next? How about Cipher Twitter?
Quick and easy Cipher definition:
In cryptography, a cipher (or cypher) is an algorithm for performing encryption or decryption — a series of well-defined steps that can be followed as a procedure. An alternative, less common term is encipherment. In non-technical usage, a “cipher” is the same thing as a “code”; however, the concepts are distinct in cryptography.So where am I going with this?
What kid wants their parents to read their tweets? Maybe you want to get your name out there and be 100% open, but maybe you want to leverage the broad media of Twitter to communicate quickly with your friends, readers, etc. If Titter offered a service that would encrypt your text (for a small fee), then you could submit "keys" to those you want to see your posts (again, incremental fee here per reader?) so they could read the decoded message. Just think, you could instantly write up:
"BE SURE TO DRINK YOUR OVALTINE"
hit ENCRYPT, and this goes out instead to your reader list:
if you have supplied the key, they can read your message.
The applications are endless. Want to divulge a trade to followers but don't want the world to see it? Cipher Twitter can do that. Want to get a revenue stream coming in from readers that want to decode your posts to see what you are saying? Here you go, Cipher Twitter. Want to keep Mom and Dad from reading your exploits? Encrypt it! There are many more.
I understand that the main point of Twitter is to get your quick thought out there ultra fast for as many people to see it as possible. 90% of the time that will be fine. I think Twitter should offer a cipher option and charge small money for it, I think it would take off. As I know nothing about Twitter maybe they already have this function. If so, disregard this whole section.
Have a good night.