You know, sometimes I get the impression that people don’t appreciate the punniness of my titles, not that this one is particularly deep. It is of course a play on “Opportunity Cost” which is the price you pay for wrong or in action, as opposed to Milton’s Paradise Lost. Cody Johnston
Tag: ek Politics
Mar 23 2020
Dow Be Down, Do Be Do Dow Down
Dow Be Limit Down, Do Be Do Dow Down. C’mon, that’s punny. Just to repeat the mechanics, Futures are limited to a 5% loss. If there are no bids above -5% Trading halts until there is one. In the Market there are Breakers at 7%, 13%, and 20%. 15 Minute Halts at -7% and -13%, …
Mar 22 2020
What Do You Mean No Sports?
Richard is taking the dearth of new material rather hard and e-Sports are no substitute though he’s trying to learn to like them. Me? I like weird stuff anyway. This is the Finals of the World Professional Darts Championship. I watched it first run on BBC. It’s different. I happen to play and while I …
Mar 20 2020
Sometimes, you’re just plain wrong.
You know, if Megan McArdle weren’t so butt hole ignorant about mostly everything except ass kissing for success and working your network as opposed to, you know, actually knowing something and contributing value instead of extracting rent because you were to the manor born, and had just shut up about how wrong she was or …
Mar 20 2020
Dow Be Down Down
The story you are about to read is true. Only the names have been changed to protect the ignorant. U.S. markets wrap up worst week since the 2008 financial crisis By Thomas Heath and Taylor Telford, Washington Post March 20, 2020 U.S. markets finished one of their all-time messy weeks Friday, tumbling more than 10 …
Mar 19 2020
January 20, 2017
19, 827.25. I remember it because I was in D.C. getting ready for the Women’s March. March 19, 2020 19, 898.92 And that’s where we start. Stock futures point to more losses a day after the Dow closed below 20,000 for first time since 2017 by Fred Imbert and Thomas Franck, CNBC Published Wed, Mar …
Mar 18 2020
Fantasy History
Actually I’m not sure what HBO’s The Plot Against America brings to the table that 4 years of Amazon’s The Man In The High Castle didn’t cover but I’m willing to be convinced. Germany has nothing on us, US, U.S., USA!, USA!
Mar 18 2020
This is already a Bear Market.
Just in case you’ve missed it we’re (well, not me personally since I only invest in Banana Futures and Off Off Off Broadway Plays) over 30% below our Record Highs of a mere Month ago and pushing the January 20th, 2017 Valuations (only a 4% gain over 3 Years). And we are Limit Down today …
Mar 17 2020
The Dead Cat 3/17/20
As of 9:43 this morning, 13 minutes after opening, the Market entered negative territory again. Even Cramer is not calling to buy the dips, his advice is to dump the highs. Dow 19K after half an hour!
Mar 16 2020
Limit Down
Again. Frankly there’s not much reason to be Bullish. Almost every place you’d want to go is closed. I don’t think that condition can persist indefinitely but the attitudinal effects are very real though I must say it’s a true thing that you’re more likely to die of Flu than Corona. Don’t get me wrong, …