Sell in May and Go AWAY!!!

You may have seen this on The Big Picture.com. Did you notice 18 of 24 ending dates are on or before the end of May. Does it support the sell in May and go away theory? Also everyone of the periods are in the 1930's so the data is a little weak but it is the weekend

http://www.ritholtz.com/blog/2011/02/102-week-rolling-returns/

Poop Floats
Daniel Plainview
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Cell Phones Increase Brain Activity, Stir Fears

From ABC News ---Cell Phones Increase Brain Activity, Stir Fears

How am I to interpret this headline? Cell Phones make you think? Cell phones make you smarter? Who is afraid? Teachers? Politicians? If people think for themselves many incumbents may not get reelected. When is an active brain bad? I guess it would be bad if you were in charge of a group of compliant lemmings and all of a sudden one of them found a cell phone, leading to a outbreak of free thinking and an organized rebellion complete with doctor notes and news cameras. I could be bad for Glen Beck's ratings if some how people were forced to watch his show with an active brain.

Fighting the good fight
Daniel Plainveiw

Quote

"Calamity is the test of integrity"

-Samuel Richardson



Not here for a long time, but here for a good time
Daniel Plainview

Wind Sock 2

This wind sock remains long. Some stuff got called but still long, working back into names with more room to run. Maybe the budget battle will be catalyst for a pull back then I can lever up on the ride to 1400 on the S&P 500. Could be the drugs talking.

Charlie Sheen you later
Daniel Plainview

Dshort.com

You have to love how great our government is at projecting. Makes you think about other points of accuracy like global warming for example. You can't be this bad in one area and perfect in another unless it is all dumb luck or if it is all made up.

The chart came from a great website with tons of original graphs

dshort.com

Lookie here

blindly obedient
Daniel Plainview

Made-off

If you have not heard Bernie Madoff (BM) said and I am paraphrasing here, that the banks had to of known he was faking it, he is a trustworthy guy so it must be true. Then our media buys into the story, like a fat kid in a chocolate cake store, and it is running with the story like it is scientific fact, which makes me so proud to be an American. Why should you listen to a man who is a psychopath? He can and does lie to anyone and everyone? He lied to widows and retires to steal their money with no conscious? My problem is not BM but our educated media or should we call all media TMZ?
Wait; wait a second here, if you look at it from a different angle you can get a better picture of why this has made every news outlet. The story nicely fits the lefts agenda of all job providing companies are evil and it fits the rights agenda of no one should have received TARP. Nice to see nothing has changed.
Now can Fox use Bernie to attack the EPA

Rolling in the butter
Daniel Plainview

Yes I am a little late

Third Avenue Value

This Shareholder letter is an interesting read

TAM Shareholder Letter

A team and a man who don't buy into MPT.

Questions If you think mean reversion works can you believe in random walk? Because the random walk formula has an undefined mean? (0/0) Nothing to revert too.

Happy Hump day
Daniel Plainview

Quote of the day

"Speculators often prosper through ignorance; it is a cliché that in a roaring bull market knowledge is superfluous and experience is a handicap. But the typical experience of the speculator is one of temporary profit and ultimate loss."
Benjamin Graham


Fight the good fight
Daniel Plainview

WTF Friday... is this what no child left behind means

I am glad to see there is a place where Zionist haters can still get elected to public office outside of Iran. Right here in the good old U.S.A.,in the great state of Texas. What is even more amazing is they are both republicans, quality public Texas education. WTF? No child left behind.

http://www.foxnews.com/politics/2010/12/09/christian-conservative-replace-jewish-speaker-texan-pols-say/
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Fight the Good fight
Daniel Plainview

Unintended Consequences of higher food prices

Food prices are rising across the global providing fodder for the media to attack QE2 and all of its flaws. But this event provides an opportunity for the United States to save the tax payer billion assuming someone has the intestinal and mental fortitude to act and stand up to a massive lobbing group. Eliminating the direct subsidies to Farmers in the United States would save the tax payers $20 billion dollars a year. Don’t give me the “But they protect the small farmer” they don’t, subsidies are often distributed on production, if they wanted to save the small farm they would base the subsidy on a per farm biases not on production volume. Anyway with higher prices farmers won’t need support, the market fixes the problem by making production profitable.

Higher food prices will lead to more global farmers being self-sufficient and self-sustaining leading to more farmers selling goods. Allowing them a higher standard of living, in turn allow them to upgrade technology, like irrigation, leading to higher yield more production and more profits. The vicious cycle works in good a good way.

Kill the subsidy
Daniel Plainview

Bearish ? Listen to these folks

Hammond associates -------http://www.hammondassociates.com/TC.html
stay away from windows and sharp objects

waiting for the snow.
Daniel Plainview