If you didn't know, we've created life:|
"TO CREATE life is the prerogative of gods. Deep in the human psyche, whatever the rational pleadings of physics and chemistry, there exists a sense that biology is different, is more than just the sum of atoms moving about and reacting with one another, is somehow infused with a divine spark, a vital essence. It may come as a shock, then, that mere mortals have now made artificial life.
Craig Venter and Hamilton Smith, the two American biologists who unravelled the first DNA sequence of a living organism (a bacterium) in 1995, have made a bacterium that has an artificial genome—creating a living creature with no ancestor."
"It is now possible to conceive of a world in which new bacteria (and eventually, new animals and plants) are designed on a computer and then grown to order.
That ability would prove mankind’s mastery over nature in a way more profound than even the detonation of the first atomic bomb."
As someone with lengthy, life-threateningly intense Van-Damme-in-Tibet, Stalone-in-Russia style training in philosophy, this sparked something in me. That forgotten, unused philosophical muscle I had mostly written off twitched into existence a tiny and easily decimated idea (I'm sure). It was such a quick connection that I'm almost positive I'm not the first to think of it, and it's probably already been beaten like a ginger by some swinging cock philosophy professor at the world's best community college.
Now that we've gotten my confidence problem out of the way, here is my little belch of genius:
Science creating life provides, for the first time in history, a legitimate inductive argument for the existence of God.
For those among you not reading this who don't know what induction is, just think about this, my favorite example: "How do you know the sun will come up tomorrow? Because it always has in the past - every experience you've had of the sun coming up or not coming up is ONLY the sun coming up."
Now, every experience we've had of the creation of life includes an act of creation. How do we know that life requires a creator? Because every time we have seen life come into existence in the past, it has required a creator. Therefore, for life to spring into existence, a creator is always required.
This is only one time, and would probably be considered a pretty weak inductive argument. Nevertheless, it is legitimate, however laughable it may seem to us to think that because something happened once, it always happens that way.
A more recent philosophy student, 10 years younger than me with what is probably much more passion (watching passionate teenagers is like watching old people shit themselves - you let it go because they can't help it, and probably have no conception of how retarded they look, but Jesus Christ. Honestly.)
Regardless, it felt good to exercise that muscle. It's one of many I've been neglecting this year, for the sake of studying and manipulating the global economy and its various unintelligible instruments for my own ruthless, greedy, profitable ends. Mostly, those ends are sating my curiosity and understanding how everything works (also I should mention money - I like money), which I've been doing in various unfocused manners for most of my life. Philosophy, psychology, politics, and even music theory, I suppose. I'm a generalist, and barely employable because of it, except accidentally as a result of 20 fat years of sitting in front of a computer, finding ever more complicated and technically difficult ways of cataloging porn.
That's not entirely true.
But to anyone who wonders how I could bury myself in such a bland subject as global finance, rest assured, the way I do it - with charts and indicators, full of pretty colors and action points, is like a gigantic money-making video game.
For anyone left on livejournal that actually ends up reading this, interested parties can go to:
and open up an account, download the (video game-like) platform, and paper-trade. They give you $100 large to play with. Which I'm proud to say I turned into $150 in 3 days. And then forgot about, because it's paper money, and now I'm back to $115. She's an unforgiving bitch, the monopoly-money market, and I never use stops.
In the real-money market, I trade options, which is kind of difficult lately as the volatility has made them very expensive. But - that day 3 weeks ago when the market crashed? :) Luckily, I was entirely short, and had been for 3 days. I made a fortune. While other people were being wiped out entirely, my account size doubled in a matter of 10 minutes. I don't know if any of you care. Probably not, but I don't have anyone to brag to about this except other traders, and that's probably rude, especially if they were on the other side that day... But, I thank them kindly for their money.
By the way, I have been looking at a lot of charts for the past year. I can pretty much tell you whether a stock is going up or down, short term (save for some crazy, unforeseen event.. like BP's massive oil spill in the Gulf of Mexico, which while I'm talking about it, I should say scares the hell out of me, especially if it starts seeping into the Gulf Stream). The chart of the Dow Jones Industrial Average, which goes back over 100 years, tells me that we are on the brink of a crash the likes of which has never been seen(! Muahahahahahaaa!), and a major global depression is 2-3 years away. Seriously, this is what the bones are telling me, and this particular bone's predictive pattern is one of the most reliable.
We are resting directly on a trendline begun in 1929, at the very top. And it looks like it's going to break. When it does, it's a very, very long way down. I'm not being hyperbolic - this is scaring (and exciting) the hell out of every trader and economist paying attention. We all noticed at exactly the same time, and the chatter is chilling. If the entire stock market were the chart of a single stock, right about now (we have one bounce left, I think) is when everyone would be selling. We are completing a 30 year topping pattern on a centuries old market. Topping as in, the market will try to get as high as it was in the 2000s, but won't be able to. When people realize that the top is already in, they are going to head to the exits, all at the same time.
Some people regard chart analysis as nonsense, useless, religious hokum. It's not - and regardless of whether at one time it wasn't, enough people believe it is that it has become a self-fulfilling prophecy. Enough people see a pattern, and recognize what it means for the future, and buy or sell accordingly. All at the same time. This drives price far enough in one direction or the other to create a snowball effect. Regarding this topping, head and shoulders pattern (look it up) in the stock market (not just the Dow, but the S&P, NASDAQ, Russell, and all other major indices), the point of all of what happens in markets is price discovery - what is a particular thing worth? When we realize that our market cannot reach prior valuation, it will unleash a torrent of selling lasting for years. Maybe decades.
Now, there is a strong presupposition of predetermination here - everything that will happen has already been decided and free will must be an illusion. This is abhorrent to me, and yet, the behavior of markets and the psychology that drives them does seem to follow predictable patterns. In these patterns and their symmetry, in the mathematical beauty of the path price takes, I see the face of God. The markets are a natural manifestation. Like a leaf or a seashell, pi and the golden rule, there is an order to the chaos, and understanding it is an almost spiritual undertaking. Priests read bibles. I read charts.
It will sometimes take a systemic shock to drive the market up or down significantly - the collapse of the sub-prime market occurred just as the chart was topping, and the meltdown that followed in the fall of 08 was entirely normal, as equity patterns go. The invention of the internet - drove the market up to (at the time) historically unthinkable highs. Dow 10,000 had been an impossible dream even as late as 1995, but then it happened, and life was a party. Nowadays we're terrified when it closes below 10,000. Not that that number has any real significance, but it's a nice round number, and the human mind cares about that.
That's a digression, though - what I'm trying to say is that historical events happen within the context of this predictable chart action. The Greek debt crisis that threatens to rip apart the European Union and destroy its currency came to a head at exactly the time the market indexes touched the bottoms of multiple technically important levels. Technically, and I apologize but probably unintelligibly - The Dow touched the bottom of its 200 week moving average. It also touched bottom of the 161% Fibonacci retracement, drawn from the previous correction, and the 61% retracement from the 08 crash. It also touched the bottom of a separate, 100-year long trendline (we are between the two most actionable right now). To anyone with even a passing knowledge of technical analysis, all of these are major resistance points, but all of them occurring at the same exactly price level and point in time is downright impossible. It's like the hand of god came down and gently pressed itself upon the market, and a deep voice boomed from the heavens, "This far - no farther."
None of that matters, and nobody will understand it anyway. The point is that at exactly where the chart said the market should stop going higher (and said so in a statistically impossible confluence of ways), and the reason I positioned my account for a major fall, history happened.
And to be clear, this European crisis IS major, and historic, and if my chart analysis is right, looks like the opening scene of the final act, signaling to us the end of an era. I think that the nature of the crisis in Europe probably holds the key to making sense of what will happen next. This is a debt crisis, and so will be the rest of this armageddon. Everyone owes more money than they can possibly pay back - especially when there is no one that isn't in debt, and everyone owes everyone else.
Anyway, I'm gonna use the end of Western Civilization to make a fortune, and I'll see you all on my bread lines. I'll be looking down at you, rich with fresh baked bread and an ocean of gold.