Festive fantasies

[aussiebear]

All cheery for the early openers: Kiwis +0.8%, Aussies +1.9%, Nikkers +1.3% and Sth Korea +2.5%.

 

Miners +2.8% and Materials +2.6% are the leading Aussie sectors with IT -0.4% at the other end.

 

 

 

 

[aussiebear]

 

 

 

 

 

 

 

http://finance.yahoo.com/intlindices?e=asia

[aussiebear]

http://money.cnn.com...s/morning_call/

 

 

 

 

 

 

 

http://www.kitco.com

 

 

 

http://www.kitconet....ase_metals.html

 

 

 

http://finance.yahoo.com/

[aussiebear]

 

 

Van in Tokyo

[Drano]

I am bringing this over from the nightly thread because I think the idea of intellectual property having value is one that is too easily dismissed in this era of everyone expecting to get everything on the internet for free.

 

I must pay my respect to Steve Jobs [the dead guy].

 

On the alters of salesmanship and capitalism, who else can have an operating system and $199 of chips, circuit board and plastic sell for $3000 or more

 

...and make the other guy with a hunnerd buck OS and the most competitive infinite assembly and component selection of $199 stuff look like the bad guy!

 

Rest in peace, Steve.

It is a disturbing trend that intellectual property is not valued. You look at a Mac, which by the way one can buy for less than $700, as a collection of components worth a few hundred bucks at most. You fail to factor in the most important component, the operating system, which has cost the company untold millions over the years to develop into the smooth, stable, easy to use platform beloved by those who do not want to spend time maintaining their systems (non-engineers, who are by far the largest percentage of computer owners).

 

A computer is not just a collection of electronic parts. The parts are useless without the intellectual property. Personally, I'd rather pay a little more for a superior operating system that doesn't crash very often, is much less susceptible to viruses and malware, and, when I get a new printer or other peripheral, will connect itself to the internet, download any updates, and install the thing without my doing anything more than plugging in a cable and making a few mouse clicks. My time is worth something, and if I pay a SMALL amount more for a more user-friendly operating system, why shouldn't the provider of this service make a profit? (And according to PC World, a Mac does NOT cost more than a PC, when computers of similar power are compared.)

 

The snobbism that those who enjoy spending time installing peripherals, programming, dealing with software, etc. so often direct at the rest of us, who just want to use the thing to accomplish tasks, reminds me very much of an interview I saw many years ago. A Russian car owner was talking about how there were so few service stations in Russia that anyone owning a car had to be able to do most repairs, including rather sophisticated ones like replacing fuel pumps, etc. And since the Russian-made cars available at that time were mostly of low quality, repairs were frequent. He looked into the camera lens and snarled, "If you don't know how to repair your car, you don't DESERVE to drive."

 

I'm grateful to Steve Jobs for having the vision and business acumen to make a computer that an average person can drive, and incidentally for making possible desktop publishing, making studio-quality recording available to individuals, making accounting easier for non-accountants, and the countless ways that computers have leveled the playing field for the small businessperson and artists.

[Goldmember]

It is a disturbing trend that intellectual property is not valued

 

The courts placed a hefty value on Nokia's patents that Apple blantantly ripped off to get the iPhone to market.

 

Intellectual property and value? Just use the other guys for free...until caught.

 

They all do it, including Apple.

[aussiebear]

 

 

All Ords closed +2.2% with little of the Fri nervousness of late. The resource sector continued to lead with Miners +3.3%, Energy +3.1% and Materials +3%. Telecomms -1% lost the most.

 

Asia upwardly mobile: Honkers +3.5%, India +2.9%, Nikkers +1.2% and Singers +2%.

 

 

On to UK/Europe:

 

 

 

 

 

 

 

 

[alceringa]

Anybody remember VisiCalc?

 

Look and feel of VisiCalc and even the shortcuts got stolen by Lotus 123. (Backslash F was the File shortcut.)

 

Then Lotus 123 got copied by MafiaSoft and morphed into Excel.

 

You want to talk about criminal activity in IP? What about the nonsense that you can Patent a gene?

 

How can the discovery of a gene be an invention?

[Rationalize]

I use technicals (albeit I suck monkey balls at it) for picking entry and exit points

 

I use fundy's to finalize whether to get involved in a name

 

In other words, I would never use just technicals and hit the buy button on a company that I thought or knew was shit

 

Likewise, I wouldn't use technicals alone to bail on a position

 

Just sayin'

 

But then again, I tend to hold positions for many months or years (or as long as it takes for them to go to zero --- BWAHHAHAHAH ha)

How about .. overweight technicals when trading indexes .. funnymentals on single shlocks.

 

RE: IP - interesting case in the trading world is Tibra vs Optiver. http://idm.net.au/article/trading-titans%E2%80%99-clash-swords-discovery-clash

[Trader Joe]

Source

 

 

 

BWHAHAHAHAHAHA

 

...and most folks think the Fed is the only one that can print worthless fiat

 

BWHAHAHAHHAHA

[specie]

this shit is so awesome

 

WWII and Other Military Vets Support Wall Street Protest

 

http://www.washingtonsblog.com/2011/10/wwii-vet-to-wall-street-protesters-i-am-so-proud-of-all-you-people.html

 

I am so proud of all you people who are showing your back bones, to stand up and put a stop to the Banking cartel, who is defining History, by insisting that We The People, use their Fiat Money system. Our Constitution states, that Only Gold and Silver shall be used as lawful Money. The So Called Federal Government, is really only to have Ten Square Miles, in which to conduct their so called wisdom to Protect the Sovereign States. But look at how much territory they call, Federal lands etc. We Have a rouge Government, which is completely out of control. Your movements of collective peaceful protests, are the beginning of the end for the crooked Fiat Money people. I am a WWII Vet, South Pacific Campaign. 94 years young, handy capped, from War Injuries. I want you to know from my Heart, I am so proud of each and every one of you. So Hang in there, your movement is just what this Country needs

[specie]

oh yeah

 

called to get shares to short

 

BK=BK

[specie]

i read KRAP like this and can't help laughing

 

Strategists Predicting Explosive Q4

Advisors Asset Management

By Scott Colyer

October 6, 2011

 

This morning I read a Bloomberg article titled: Strategists See Biggest S&P 500 Gain Since 98. Could this be a misprint? We would tend to agree with the potential for an explosive Q4. The markets have traded down on the Euro scare which has spread to Ameri scare. The truth is that the U.S. is in a MUCH better place than Europe, in our opinion. Our banks are very well capitalized. Our consumer has much less debt and is actually holding up well. We believe markets often turn when sentiment is at its worst. Could it be time to be greedy in the midst of all of this fear? We think so.

 

mark to fantasy=well capitalized

[DrStool]

Surging Indicators

[Drano]

Anybody remember VisiCalc?

 

Look and feel of VisiCalc and even the shortcuts got stolen by Lotus 123. (Backslash F was the File shortcut.)

 

Then Lotus 123 got copied by MafiaSoft and morphed into Excel.

 

You want to talk about criminal activity in IP? What about the nonsense that you can Patent a gene?

 

How can the discovery of a gene be an invention?

Remember the federal judge who ruled that MSFT wasn't ripping off AAPL, even though page upon page of MSFT code was identical to AAPL's code? Judge thought it was coincidnence.....

 

And then there's poor old RMBS. Nope, no one is using their patents... uh huh.

 

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=rmbs&insttype=&freq=2&show=&time=13