A front page article in the New York Times today brought it all back. It was 47 years ago right abut now. I was a callow third year medical student in Philly, entering the medical wards for the first time. The Phillies were in the middle of a collosal slump and would be knocked out the race on the final day. Of course we didn’t know that, but each day, the hapless Phillies would find a new and creative way to lose (just as the Red Sox and the Atlanta Braves are doing presently). Each day, a patient would say — ‘Doc, I don’t think I can stand to see them lose another game’. The next day they were gone.
It would be of interest to plot mortality figures for the Boston Hospitals on the day of and day after the Sox lose another one, vs. the few days and days after when they manage to win. Maybe just this September vs. the years they won the series. Who knows?
Stock tips: It’s been two disastrous weeks on Wall Street. Amazingly, I did quite well. You can short the euro, by buying EUO — I did. You need to watch it like a hawk however. I’m no longer in it. In the past two weeks it’s been deja vu all over again, with various pronouncements by figures of authority that everything was under control (just like 2007 – 2008). In particular, the fact that the US was pumping dollars over there for the European banks, caused EUO to swoon (it’s a double short on the euro). I saw this as a sign of just how bad things were, and bought EUO at a low. I think the financial situation over there is like the Roach Hotel — there are far more to be found than we presently know about. So I may get back in again.
Another stock tip is Mead Johnson — symbol MJN (which I own, but not as much as I owned after buying some more this AM). Why? It bumped from 70 to 75 recently, because Nestle (a Swiss firm) might buy it. With the strong Swiss Franc and a swooning market, the cagy Swiss will probably wait to pick MJN up on the cheap. Even the intraday moves are nice to play – look at today.
The last is MG — Mistras — which has also held up well during the recent debacle. Such stocks usually lead any rally. I own some.
The advice may even be more than what you are paying for it.
Now back to reading about Manifolds (I recommend John M. Lee’s two books) and Anslyn and Dougherty.