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Comment Bogeyman (CHF) Got Him? (Score 1) 360

If this guy was at an equities desk and suddenly needed a "miracle", I am wondering if maybe something like FXF got him. Huge one day loss after the SNB bolted the top of the swiss franc to the euro. Being long the swissie for a million a pip before the last big intervention might have done him in. Not sure what else it could have been. In any case, this guy is only a "rogue trader" because he lost money. I will wait for an earnings restatement from UBS, then I will go long if I get a chance.

Comment Short NFLX @ $299, wish me luck! (Score 1) 722

A company squeezed between pissed off customers, greedy content providers, jilted ISPs, and an insolvent postal service looking for things to cut. I was waiting for the cracks to start showing, and it happens at an all time high! What a great short -- wish me luck!

On a more relevant note, what was so amazing about the price increase announcement was the sales pitch itself... Streaming for $8, DVDs for $8, and both for $16! What a deal! Only a Harvard MBA could think up such an insulting bargain.

Comment Checkmate! (Score 1) 385

Our distinguished ladies and gentlemen can hardly even rearrange 1% of the deck chairs on this Titanic without everything breaking down. 1% of the 2012 budget, and it has to result in this ridiculous piece of theater. The worst of it all is that I only have myself to blame. All those decades I went to school, went to work, chased girls, watched t.v., played video games, all the while failing to notice the global corporate tendrils gaining control over nearly every aspect of my life.

Now it doesn't matter who I vote for -- the result is the same. Lawyer types on K street write the laws of my land in computer generated 5000 page bills that I could never have a hope to understand -- all to either maintain the status quo or to advance the collective kleptocratic agenda. Doubtless, our corporate masters will steal everything they can while it all slowly collapses! I could say more, but Dancing With the Stars is on, and I never miss an episode.

Comment Brings back memories... (Score 3, Insightful) 553

Bjarne and the Community's creation was the bona fide beginning of my career. When I started, I thought I was a 7 in C++. Several years later, I was a 5. I wrote my best and worst code in the language, over 15 years, and I am still running into issues in the language that challenge me today. C++ helped me learn a lot about myself along the way, and I am grateful to Bjarne and the Community at large for that. A good article and interview, if not a tad brief.

Comment Let's have zero tolerance for zero tolerance! (Score 2, Insightful) 115

Destroying the countries where attacks originate is a broken doctrine, IMO. Use of force should always be measured, and focused, lest history revile us. The ease of false flag operations in "cyberspace" make the nature of our responses to attacks even more important. I would dismiss Chertoff out of hand were it not for the possibility that, rather than harmless BS, talk like this may encourage a doctrine that will allow our government to start wars and engage in various intrigues, to evil ends. Chertoff co-birthed the anti-Christ fetus disingenuously called the "USA PATRIOT" act, so we should tell him to take his "overwhelming force" and sell crazy some place else. We seem to be stocked up already.

Comment A strong argument against stop-loss orders (Score 1) 218

There are traders that I know who use stop loss orders reflexively. I never used them because they only purport to limit losses; they are really market orders triggered by price action, and they will chase bids down and leave you out of the game before you are even done with your coffee at the market open. I never imagined them chasing bids all the way down to zero until recently! Since the PTB don't seem intent on fixing anything, just affixing blame, I would strongly discourage stop-loss orders. They are not a substitute for being both present and disciplined while you are trading anyway!

Comment Re:Don't let reality get in the way of your anger (Score 1) 1217

I would have liked this post better if we lived in an alternate universe where you can't run Windows on a Mac. Respectfully, reality makes the parent post a complete waste of time. A Mac is a place where you can learn about Mac, Windows and Linux tech all in the same place either by dual booting or virtualizing; take your pick. Parent poster will not get this on his/her Dell, at least not by legal, reliable, nor easy means. Prices for Macs have gotten better but, unfortunately, are still quite high, and Apple seems to think we don't need to modify/maintain our hardware. These are, IMO, the only reasons one would need to buy a Dell at all.

Maybe this argument about which laptop this school should be *forcing* kids to buy is moot. Is it not so that online/portal/cloud type services have evolved to a point where they may obviate the need for a specific platform anyway? IMO, any school that is only pushing platform specific software down for kids to learn on has invested wrongly in our future. In 20 years, it could be that only a few big greedy companies will be left desperately clinging to this idea. The rest of us will have moved to the online platform for most of our daily needs.

Space

Big Dipper "Star" Actually a Sextuplet System 88

Theosis sends word that an astronomer at the University of Rochester and his colleagues have made the surprise discovery that Alcor, one of the brightest stars in the Big Dipper, is actually two stars; and it is apparently gravitationally bound to the four-star Mizar system, making the whole group a sextuplet. This would make the Mizar-Alcor sextuplet the second-nearest such system known. The discovery is especially surprising because Alcor is one of the most studied stars in the sky. The Mizar-Alcor system has been involved in many "firsts" in the history of astronomy: "Benedetto Castelli, Galileo's protege and collaborator, first observed with a telescope that Mizar was not a single star in 1617, and Galileo observed it a week after hearing about this from Castelli, and noted it in his notebooks... Those two stars, called Mizar A and Mizar B, together with Alcor, in 1857 became the first binary stars ever photographed through a telescope. In 1890, Mizar A was discovered to itself be a binary, being the first binary to be discovered using spectroscopy. In 1908, spectroscopy revealed that Mizar B was also a pair of stars, making the group the first-known quintuple star system."
Privacy

Submission + - "John Doe" ISP wins civil liberties award (pressesc.com)

amigoro writes: "Here's irony for you: A president of a New York Internet Service Provider (ISP) who stood up against the Patriot Act and refused to violate the privacy of his clients has won a top civil liberties award, but the recipient cannot be named because of FBI gag orders. An anonymous ISP legally challenged the NSL statute after the FBI demanded personal information on costumers using the statute, and the judge ruled that NSL violates First amendment rights. But the FBI's gag order on the ISP is still in place."
Science

Giant Dinosaur Bird Discovered 166

Cyclist110 writes "The BBC has the story of the discovery, in Inner Mongolia, of a Dinosaur bird twice the size of a man and weighing in at over 3000 lbs. From the article: 'Chinese researchers uncovered the fossilised remains of the flightless giant in the Erlian basin in Inner Mongolia. The researchers had originally thought they had found the bones of a tyrannosaur — the group of dinosaurs to which T. rex belongs — due to their large size.'"
Space

Submission + - Australia ignites scramjet in Earth's atmosphere

An anonymous reader writes: Australian researchers successfully tested their HyCAUSE scramjet today, confirming that it had reached a speed of Mach 10, or 10 times the speed of sound or 11,000 km/h (6,800 mph). HyCAUSE stands for the Hypersonic Collaborative Australia/United States Experiment, and it's a collaboration between the Australian Defence Science and Technology Organisation (DSTO) and the US Defense Advanced Research Projects Agency. The scramjet itself was carried aloft atop a TALOS rocket to an altitude of 530 km (330 miles). The scramjet kicked in, and it reached a top speed of Mach 10 during re-entry. In the future, scramjets could bring down flight times, with travelers going from London to Sydney in a couple of hours. They could also be used for satellite launches, and highspeed delivery. Of course, with the US military involved, there are other applications (but that's classified, so just use your imagination).
Space

Submission + - Why is the past different from the future?

An anonymous reader writes: This is a set of slides from CalTech talking about life, entropy, the universe and why the past is different from the future.

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