Archive for August, 2008

Ignore the Instructions

I bought a small bookshelf to help organize the toys in the living room. The bookshelf was the assemble-it-yourself kind. I have done some of those before, so I expected it to be no problem. I got out the instructions and set all the boards in nice little piles according to their type.

The first page of the instructions said which tools were needed for the project. If you can see the picture below, you’ll notice that it shows only a hammer is needed. I thought that was nice – a simple shelf that needs only some dowels and nails pounded.

tools needed page - full page

tools needed page - zoom

I then looked at the second page of instructions. If you can see the picture below, you’ll notice that it shows that I was to attach some screws. I thought that was odd – how am I to attach screws using a hammer?

fasten screws page - full page

fasten screws page - zoom

I briefly contemplated hammering in the screws. But I ignored the instructions and used a screwdriver instead.

“So the craftsman encourages the smelter, {And} he who smooths {metal} with the hammer {encourages} him who beats the anvil, Saying of the soldering, “It is good”; And he fastens it with nails, {So that} it will not totter.”
– Isaiah 41:7

Technically Analyzing, Week 4

And the winner is…OVR. That’s right, Oversold with Improving RSI, combined with Overbought with Declining RSI, put on a very strong last leg to finish well ahead of the other contenders.

What does that mean? What is my conclusion? I think I’ll use OVR as one of the inputs of my stock-buying decisions. It might make a fine stock screener to provide a list of potential stocks. An 19% return in one month is impressive, but all that means is that it warrants a closer look.

On a related note, don’t use CCI Signals and Parabolic SAR Signals as stock screeners. Those were returning 200, 300, and even 599 stocks for one day. A stock screener that returns 599 stocks is not very useful to me, so I removed those from the list at the beginning of this month-long test. I want a stock screener that returns a few dozen stocks, at most.

NASDAQ

NASDAQ
Index Time MA MACD OVR BOL CHK Aroon ADX
-1.17 1 Day -1.87 -2.63 1.20 1.42 0.41 1.91 1.00
-1.04 2 Days -2.68 -0.36 2.45 1.86 -0.89 1.11 1.49
-1.49 3 Days -2.50 -0.77 2.78 -3.78 -5.23 -3.91 -4.40
1.39 1 Week -1.28 0.67 2.16 -2.77 -4.64 -1.18 -1.49
1.12 2 Weeks 2.39 -1.49 2.70 -3.32 -2.46 -3.20 -4.58
2.08 3 Weeks 3.98 -2.07 -3.45 -3.41 -0.66 -1.76 -7.65
8.97 4 Weeks 4.98 -3.61 14.80 -4.93 -4.96 -0.52 -11.46

NYSE

NYSE
Index Time MA MACD OVR BOL CHK Aroon ADX
-0.71 1 Day 1.28 0.33 -1.82 2.00 3.22 1.20 2.43
-2.27 2 Days 1.98 -0.33 -1.66 1.65 -0.44 0.82 0.30
-0.17 3 Days -1.50 -0.48 1.16 -2.24 -3.66 -2.42 -2.52
1.83 1 Week -4.64 0.54 3.61 -3.30 -4.68 -2.87 -3.57
-1.04 2 Weeks -6.09 -1.55 3.44 2.88 -3.75 -1.52 -0.91
-0.94 3 Weeks -5.98 -0.47 4.98 0.69 -6.40 -1.70 0.51
1.75 4 Weeks -5.04 1.64 19.86 1.26 -9.96 -5.42 -2.85

This is not an offer to buy or sell any securities. Any information on this site is general in nature and is not intended to be financial advice for your specific situation. Trading stocks carries risks that should be discussed with a professional financial advisor. Past performance is no guarantee of future results. Use at your own risk. This post was written in a facility that processes peanuts.

Do you not know that those who run in a race all run, but only one receives the prize? Run in such a way that you may win.
– 1 Corinthians 9:24

Family Football Terms

Since the football season is starting (and there was much rejoicing), I thought it would be appropriate to note some similarities between football and families with small children.

The first correlation is not specific to football, but to any college sport. A few weeks ago we checked into the local junior kindergarten/pre-kindergarten/young fives program. Our son has a birthday that is late in the year, but it is before the official cut-off date for enrollment in school. The principal of the school said not to think of having the extra year as holding back your child. She said to think of it as red-shirting your child. That makes it sound a lot better.

The second correlation has to do with the number of kids in the family. This correlation fits with fewer sports, but is still not unique to football. We were talking with someone who has four children. When he heard that we are expecting our third child, his comment was that we would have to switch from man-to-man to zone defense. Ah yes, our play-calling will have to change.

“So there was much rejoicing in that city.”
– Acts 8:8

And I Like to Do Drawings

Our church is looking to have some changes done to the building, so we retained an architect to draw plans for the work. His initial proposal gave us a few options, and we are to select which option we want and then he will draw the real plans.

For the initial proposal, there was a rendered drawing of how the church would look with a certain change. One of the church members commented to the architect that the drawing looked pretty good, and then he asked him what software program he used to do the 3-D drawing. The architect’s response was “Google Sketchup“.

I hadn’t thought of asking that question, and I certainly didn’t expect the architect’s answer. I figured they must have some expensive architectural-type software that they use. But apparently Sketchup is good enough for them, and probably easier than whatever they have. And the price is good, of course, like all of Google’s products.

Some people worry about having all of their computer stuff run by Google – putting all their eggs in one basket. Iit is certainly possible to do just about everything online through a Google service. If anything happens to Google, or something changes such as now some things are pay services, then you would have to change your whole online experience if you used Google products for everything. But I don’t see that as a likely event.

Heal the sick, raise the dead, cleanse the lepers, cast out demons. Freely you received, freely give.

Matthew 10:8

Technically Analyzing, Week 3

This week, I am posting the results of the third week of tracking certain indicators. This week shows how those indicators have fared two weeks after the last changes to the portfolio.

It had looked like the Oversold with Improving RSI would be the winner, but this week it took a downturn. And the Moving Average Crossover 50/200 jumped into the lead. That’s for the NASDAQ. For the NYSE, Oversold with Improving RSI widens its lead over Bollinger Bands, which had been running strong until now. I think it has hit the point where the indicators are not performing as well as they should, because portfolio is not being kept current with the buy and sell signals. I think I’ll run one more week of this.

NASDAQ

NASDAQ
Index Time MA MACD OVR BOL CHK Aroon ADX
-1.17 1 Day -1.87 -2.63 1.20 1.42 0.41 1.91 1.00
-1.04 2 Days -2.68 -0.36 2.45 1.86 -0.89 1.11 1.49
-1.49 3 Days -2.50 -0.77 2.78 -3.78 -5.23 -3.91 -4.40
1.39 1 Week -1.28 0.67 2.16 -2.77 -4.64 -1.18 -1.49
1.12 2 Weeks 2.39 -1.49 2.70 -3.32 -2.46 -3.20 -4.58
2.08 3 Weeks 3.98 -2.07 -3.45 -3.41 -0.66 -1.76 -7.65

NYSE

NYSE
Index Time MA MACD OVR BOL CHK Aroon ADX
-0.71 1 Day 1.28 0.33 -1.82 2.00 3.22 1.20 2.43
-2.27 2 Days 1.98 -0.33 -1.66 1.65 -0.44 0.82 0.30
-0.17 3 Days -1.50 -0.48 1.16 -2.24 -3.66 -2.42 -2.52
1.83 1 Week -4.64 0.54 3.61 -3.30 -4.68 -2.87 -3.57
-1.04 2 Weeks -6.09 -1.55 3.44 2.88 -3.75 -1.52 -0.91
-0.94 3 Weeks -5.98 -0.47 4.98 0.69 -6.40 -1.70 0.51

“One hand full of rest is better than two fists full of labor and striving after wind.”
– Ecclesiastes 4:6

What to Buy When You’re Engaged

Buy The Five Love Languages and also buy Love and Respect.

Those are two books that will help you understand your spouse.  People are different from each other, with different personalities, and the Five Love Languages addresses that.  Men and women are also different from each other in general, and Love and Respect addresses that.

I knew these as just books, but it turns out that there are study guides and DVDs and conferences. There are plenty of resources out there to help people with their marriages. Be sure to start your marriage on the right foot; read these books before your wedding ceremony.

“Nevertheless, each individual among you also is to love his own wife even as himself, and the wife must see to it that she respects her husband.”
– Ephesians 5:33