Things That Happened This Week

[l33tminion]

Boston's water was restored on Tuesday.

Europe's economy is exploding, people are still trying to figure out the weird badness with the stock market's Thursday, oil is back down to $75/bl. and gold is over $1200/oz. This was probably not due to someone selling a few Googol shares.

The new Ubuntu is awesome. My new phone is still awesome. Got a wireless headset so I can join the ranks of the cyborgs and have people play "Bluetooth or crazy" with me (answer: both).

Friday, went to see OK Go in concert with Xave and DJ. OK Go was great. So was Earl Greyhound, one of the opening bands.

Today, spent some time with Xave and Sho. Weekly training session was canceled, so I'm feeling a bit antsy.

Comments

[chiaki777.livejournal.com]

Yeah, what was up with that whole stock market graph spike? Well, I chalked it up to the volcano and the oil spill, causing mass speculation and paranoia which was brought under control eventually. Though, as always, I just complain about the price of gold. :\

[l33tminion]

As far as I've read, it was a bunch of quantitatively managed (run by software) hedge funds all trying to cut their losses by selling at the same time. Once people realized what was going on, humans took over and swooped in on the bargains, pushing prices back up.

That doesn't cover everything though. There was some weird stuff going on with the central bank of Japan. The Yen did very well against the dollar at the end of last week. There are rumors that Japan is going to dump US treasury bonds. (Never mind that last, grabbed the wrong link, that's old news, and unrelated.)

Tomorrow is going to be interesting.

[chiaki777.livejournal.com]

Hmm, if trading stock with financial aid were legal, I might have a play with this. It looks mighty good for tomorrow. Just me though.

I'd say it's just overall global turmoil. It's been a pretty weird month.