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Dave Bacon is a theoretical ski bum who is also a pseudo professor. His research is on quantum computing, his scientific passions extend to everything in physics, mathematics, computer science and beyond, and his personal pleasures include making wine, playing poker, skiing, camping, and daydreaming (although not all of those at the same time.)
Nothing he says on this blog should be construed as having anything to do with his employer or his dog.
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Category: Finance
Posted on: October 9, 2008 6:48 PM, by Dave Bacon
Fear
Google's view of capitulation
Irrationality?
Anyone seen any old men with canes yet?
Crisis per capita winner? Iceland. Will the last one leaving Reykjavík please tear up that recipe for Súrsaðir hrútspungar?
Panics 1812, 1837, 1869, 1873, 1882, 1884, 1896, 1901, 1907,1937, 1973, 1987, 1989, 1992, 1997, 2001. Add 2008.
Just over a hundred years ago
Another hundred year reference: the Cub's ticket market.
Let's blame Van Buren:
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Comments
Let's blame Van Buren:
Hey now, let's not go blaming the New Yorker (that would be upstate New Yorker, not city boy) for the foolish moves of his predecessor from Tennessee. ;)
[Aside: did you know van Buren is the origin of the now ubiquitous term 'O.K.'?]
Posted by: Ian Durham | October 9, 2008 9:22 PM
[Aside: did you know van Buren is the origin of the now ubiquitous term 'O.K.'?]
I had to look that up...
http://tinyurl.com/3ehtx6
http://tinyurl.com/3soz8k
Posted by: Don | October 10, 2008 4:41 AM
Blaming New Yorkers is all the rage right now. OK, blaming those in another east coast city is also popular.
Posted by: Dave Bacon | October 10, 2008 11:45 AM
Blaming New Yorkers is all the rage right now. OK, blaming those in another east coast city is also popular.
Yes, but that other east coast city is really a southern city and very different.
And, besides, as I said, van Buren was not from NYC. He was from Kinderhook which is the 'K' in 'O.K.' (the 'O' is 'old').
Posted by: Ian Durham | October 10, 2008 3:42 PM
Yeah well from the west coast, DC, New York (upstate, downstates, in the lady's chamber) all look the same. And kind of like Europe, what with all your little tiny states. :)
Posted by: Dave Bacon | October 10, 2008 5:38 PM
Dave,
My cane started to come out today. There's some valuations I haven't seen in my entire life. I'm hoping the fallout in the grain markets allows me to put on my big yearly grain spreads. I'm two weeks late in putting on my spreads.
Jeff
Posted by: Jeff Watson | October 10, 2008 8:19 PM
Is it a cane of a surfboard? Talk about a big wave, when it comes...
Posted by: Dave Bacon | October 10, 2008 8:24 PM