Tuesday, January 19, 2010

Flounder

Perhaps that will become Obama's nickname. He continues to flail away and flop from issue to issue and go nowhere. He's delivered nothing for the economy, nothing for jobs, nothing for the common man and done nothing for human rights all over the world.

The book I heard about him before the election seems true - an empty suit with a speech. He seems to be in the pocket of Congressional leaders and is unable to push through a reasonable compromise on health care. Instead, he huddles with the Duchess of the wine & pearls set, the Dishonorable Nancy Pelosi, and the hack from Las Vegas, Harry Reid, shuts out moderates and crafts a secret bill with the plenty of payoffs to buy votes. What a disgrace !

Perhaps Massachusetts will put a stake into the heart of this monster today. That would be fitting - having a Massachusetts tea party to toss this 2,000 page oppressive law into the sea.

Markets

I put on a speculative long Friday on the pullback, by buying some call options on the S&P 500. I'm wary, but think there is more money flowing to stocks. News could change my mind, or the tape could. I'll post adds or sales in the comments in near real time.

Book of the Week

Classical Mechanics by L. D. Landau and E. M. Lifshitz. This is volume one of the famous Russian Course of Theoretical Physics for advanced undergraduates or graduate students. One needs calculus to the level of vector calculus to understand the mathematics, but the concepts are explained in simple, clear language.

The book derives the major classical conservation laws that govern the motions of all matter from simple principles and symmetries of the Universe: the principle of Least Action, Galileo's classical relativity principle, that space is homogeneous and isotropic and that time is homogeneous. Conservation of energy is derived from time symmetry, conservation of momentum is derived from the homogeneity of space and conservation of angular momentum is derived from isotropy of space.

The laws of motion of matter arise from the Principal of Least Action, which is an extremely broad, deep and remarkably universal method of deriving fundamental laws of physics. This principal has been used from classical mechanics and classical electrodynamic to quantum mechanics to relativistic quantum chromodynamics. It's mathematical form seems to capture something extraordinarily deep about the structure of the Universe. Understanding the classical formulation for the simplest particle mechanics gives one the firmest foundation for those other fields and for philosophical thought.

All that is covered in the first 24 pages of this 164 page book. This is one of my top ten books.

Word of the Day

"Avatar" - noun [$10]
Avatar means 1a. an incarnation or embodiment, as of a quality or concept; 1b. a varying manifestation or aspect of a particular deity.
Sentence: "Avatars Widen Realm of Virtual Reality on Internet", a headline from the WSJ 1/24/2001, page B1. Avatar is also the title of a blockbuster movie that I will NOT see in the theater.

48 comments:

Frosty said...

Martha Coakley, do you plan to move should she win sir...you would feel great shame.

Bunkerman said...

nope, I won't move. She is not worse that Fatboy was.

I would not be ashamed IF she wins; just being competitive and close is all one can hope for here in the PRM, a corrupt one party state.

Bunkerman said...

btw, on that bank tax, I hope they figured out to apply it to any net derivative exposure, too.

Spin-em said...

would it help if I burned my Yankee hat on utube to get 300 red sox votes for Brown??

Bunkerman said...

lol. It's a crappy day - I hope that lazy D voters will stay home.

The key here is anger by the Independents - they outnumber the D's in registrations. So far they are breaking 3 to 1 for Brown.

Bunkerman said...

Did you see that idiot Coakley called Schilling a Yankee fan ?

Spin-em said...

These are the times that try men's souls: The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph. What we obtain too cheap, we esteem too lightly: it is dearness only that gives every thing its value. Heaven knows how to put a proper price upon its goods; and it would be strange indeed if so celestial an article as freedom should not be highly rated

Bunkerman said...

sounds like Tom Paine in "Common Sense"

a fine thought ..

maverick said...

has the Kennedy son met "Marsha Coakley"?

Bunkerman said...

I suppose you guys are going to run out & buy today's Book of the Week. Volume 2 of the Course of Theoretical Physics is very good, too. It is "The Classical Theory of Fields", covers eletrodynamics and gravitation.

;)

Bunkerman said...

lol, the blood ran very thin in later Kennedy generations. Or maybe I should say the gray matter.

Spin-em said...

The Classical Theory of Fields", covers eletrodynamics and gravitation

Bunk you should really record The Big Bang Theory (cbs mondays)funny as hell...and I thing Harold Walowitz is your kinda guy..lol his mom is also on the show

Bunkerman said...

that's a TV show ?

Frosty said...

Bunky...doing some flippin this morning and hedging...friday low a good place to define long risk calls...u know, beeferstyle.

Bunkerman said...

true, frosty - that's where my green-red rule would have me sell.

Frosty said...

where is my BFF today...must be a rally for the norv turner fan club...'yes we can...nevermind.

Spin-em said...

Massachusetts' top election official says it could take weeks to certify the results of the upcoming U.S. Senate special election. That delay could let President Barack Obama preserve a key 60th vote for his health care overhaul even if the Republican who has vowed to kill it wins Democrat Edward M. Kennedy's former seat. Secretary of State William F. Galvin, citing state law, says city and town clerks must wait at least 10 days for absentee ballots to arrive before they certify the results of the Jan. 19 election. They then have five more days to file the returns with his office.

Bunkerman said...

it all depends on how close it is.

Bunkerman said...

most absentee votes are done in person prior to election.

Bud said...

good morning Bman !!!!!!


had my latte.............but had to add an espresso machiatto..........needed the extra 'kick' after a crazy weekend


Bman you drink espresso??

Bud said...

green-red rule.......what's that ???

Bud said...

thanks a million Bman for your market posts................and thanks to million for the option trades

your are not obliged................but a great help to me

Bunkerman said...

green-red rule is a trading rule of mine. IF a trade ever shows a profit, I close it IF it then goes to a loss.

Helps prevent wshful thinking.

Unfortunately, sometimes I forget it.

Bud said...

i love norv turner !!!!!!!!!!!!!!!!!!!!! thank you norv!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



i'm also a member of the raheem morris..............or whatever the name of the mooly-in-yan is who coaches indianapolis

Bunkerman said...

I often have expresso when in Europe. Otherwise, never.

Spin-em said...

I often have expresso when in Europe

come onnnn maaan....lol

Bunkerman said...

I'm not often in Europe - at most once a year for 4-5 days.

mfl59 said...

Bunkerman you speak Italian....do you know what a mool-in-yan is, as Bud calls "them"?

Bud said...

i think he does ace..............lmaoooooooooooooooo




hint : simian

Bud said...

Bman when is your next tentative european vacation ?? what is on the target countries list ??


my sister and brotherinlaw went to spain/portugal last summer.............loved it

Bud said...

Bman why don't you go to the polling booths in your county with your...........umm..............'equipment'................just neutralize the black panthers

Frosty said...

Sal a big MVP move...lil worried about Ace come 2/10.

Bunkerman said...

We plan to go to Amsterdam late April - visit the museums, etc.

Bunkerman said...

Bunkerman you speak Italian....do you know what a mool-in-yan is, as Bud calls "them"?

I can read Italian with much difficulty & knwo the grammar OK, but teh vocab is tough. Speaking poor so far.

'mulo' is a mule.
'mulinello' is whirlwind, or eddy or windmill

maybe it's slang.

Bunkerman said...

weather really sucks here: wet snow.

People have to be motivated to go vote.

mfl59 said...

do you know how to say "eggplant" in Italian?

Bud said...

eggplant


lmaoooooooooooooooooooooooooooooo

Bud said...

Bman it's slang term used by italian-americans to describe 'negroes'

moolyinyan is 'eggplant' in italian............ya'know............eggplants are dark



the only time i heard it onscreen was during the sopranoes............Tony used it a couple times




PS............Bman you ever watch the sopranoes?? i hope your answer is no........cuz then you get to watch the first 3 seasons like a virgin............great great great show

Bunkerman said...

I knew it in French without looking it up (aubergine), BUT in Italian it's 'melanzana', a feminine noun.

Bunkerman said...

I used to watch it a bit, on and off. Missed a lot.

Spin-em said...

sì….sì….la miei moglie ed io gradirebbero il parmesan della melanzana e un expresso prego ed affrettare la scopata in su ..... lo ringrazia

Bunkerman said...

guess it's slang; Negro in Italian is ... nero or negro. "nero" means black, btw, (an adjective)

Spin-em said...

Lizking musta been watching Bob Newhart marathon on day off....whippin out the jr psychologist badge...."why cramer is cramer"

Bunkerman said...

are those guys still griping about Cramer ...

sheesh, what a waste.

Frosty said...

bunk if you said something that made you sound like a douche would you want to be made aware sir.

Bunkerman said...

bunk if you said something that made you sound like a douche would you want to be made aware sir.

-> yes.

mfl59 said...

Bunky have you ever been to Japan?

Bunkerman said...

nope.