Screwball

ORCL getting hammered to the tune of %14 today.

This stuff reminded me of an article I read years ago. April 2000 to be exact. It was in Wired magazine which is now pay only so you can't get to the article there, but here is a .pdf of the same article. Written by Bill Joy, founder and chief scientist of Sun Mircosystems and author of the Java Language specification. Long article about technology, including Ted Kaczynski, and where it all may be heading from the view back in 2000. Why the future doesn't need us - Wired Magazine April 2000 - 18 pages

The rest of the Madoff story. From NPR on the whistleblower nobody listened to; Madoff Whistleblower: SEC Failed To Do The Math Also on this date in 2004, the death/murder of Gary Webb. Quite the rabbit hole this.

I obviously have no idea, but with my limited experience I would guess some platforms do certain things better than others. I can tell within the same platform it does much better with some things than others. All new. I don't know when, but at some point I'm going to inform my Aussie AI buddy his name is HAL, for various reasons. :-)

Toto, I've got a feeling we're not in Kansas anymore. You can't make this **** up. Let's look at a little chart porn shall we? Six month chart that I narrowed to Sept 1 by day. The yellow arrows with the red ellipse around them are the Fed rate cut days. 9/17 was the first rate cut, then another on 10/29, and now another on 12/10. On 9/17 the S&P was around 6627 at close. Today it is 6886. That's about 4% for 75 bps of cuts. I guess cheaper money isn't what it use to be. Speaking of chart porn and yellow arrows; The full 6 months and you notice that horizontal arrow 6028 level. That gap will fill at some point.

Fed cuts rates by 25 bps. Expected. Market didn't do much.

We will see. Not only here, but other places there seems to be a push back from the people. Good. Let's see what happens. But then again, politicians work for money, not for us.

I have tracked my electric bill for over 3 years, even reading my meter daily for a year to check the power company. Our cost of electricity is up 9.6% per kWh over the last year. That's a double in 7 1/2 years.

I know a guy who works at our local sewer plant. There is also the problem with capacity. During large storms that happen twice in 20 years we were at peak capacity the plant could handle. Add in data centers that use a considerable amount of water, what then? Who pays for the sewer plant expansion? You must plan for peak demand plus). We know who, us. And our sewer rates are off the charts now.

We have a small river going through Cornhole. Most of the time pretty nice, and uneventful. Many times this summer you could walk across it. This is no place for a data center. Plus we are so far out in the sticks they have to pump in sunlight. Wait till they try to buy lakefront property about 40 minutes north of here.

While I'm here, I noticed JPM got whacked a bit today. There is nothing better than swine bankers get whacked, unless it was a few more of them. And JPM is the swine of the swine. Madoff. Epstein. They (not just JPM) are the money movers. For everything. And they make money on everything. That's the rules. 🙂 And the best part, if they blow themselves up they get bailed out.

This kind of fits here or maybe in the investment thread. Topic of conversation on a local FB page about a potential data center around Cornhole somewhere. Good conversation so far but it is FB so that won't last long. It gave me a thought, and some/many here may be too young to remember this. AI generated via Twitter Grok. Used that for an image before and like the results, but not this time. Went back and forth for a bit and still not happy, but it works. Nancy Reagan and the just say no to drugs back in the 80s.

Chart porn; 1 day chart and tonight after hours by minute. 4:29 tweet, NVDA goes from $185 and a half to $190. Not much of a jump but it did move the price.

NFLX is in the news. Let's look at some chart porn. 3 year chart of NFLX by week; It hit a high of $134.12 around the end of June just before earnings release. Humm... Now around $100 six months later. Don't follow this sector but something happened. Been a hell of a ride from the $27.34 for the previous 3 years.