Sunday, February 17, 2008

Lots Of Reading

I haven't been near the computer much this weekend and I think I'll keep it that way on Monday as well. Instead, I've been reading a bunch of the books that were suggested to me back in this thread.

My father has always read 3 or 4 books at a time and I never understood how he did it. However, I currently find myself reading 5 books at once. I think the trick is that they all should be somewhat different. Then, you just can read one until you tire of it and move on to the next. It's not easy with a 3 year old around, but you learn to make the most of the very early mornings and the late night.

Anyway, so here's what I've been reading...

Basic Economics by Thomas Sowell
Japanese Candlestick Charting Techniques by Steve Nison
Cat's Cradle by Kurt Vonnegut
Liar's Poker by Michael Lewis
Surfing's Greatest Misadventures, Paul Diamond, Ed.

I'll write brief reviews when I complete each.

Also, take note that I've added a site to my blogroll, Market-Topology, although I have it called "Stock Correlations." 

It works like this... say you're trading UBB (a brazilian bank) and it's ripping. You want to know what other stocks trade with it... go to the "stock correlations" link and click "USA." Then you can just add the symbol and it will generate a list of stocks that trade in step with UBB. In this example, it comes up with BBD, a stock that I always trade with UBB. It's a great tool for day traders looking for "pair" type trades. (h/t "tradercaddy")

Finally, thanks to all of you who offered advice in the thread about my mother being laid off. Hopefully, in a few months (or shorter) I'll be able to post a nice update.  

I'm thrilled that there is such a great community of readers here.

Enjoy the day off.