The problem w/ HFT is buy/sell orders get placed and then immediately (less than a second later) cancelled. The HFT algo puts out the trade with no intent of actually executing the trade.
That is a violation of the rules, but strangely enough, the SEC sees no need to take action.
It is also questionable if the HFT algo actually has the cash on hand behind the order at the time the order is placed.
The idea that HFT injects liquidity is up for debate, as we see the HFTs turned off at times of crisis. Thus, no one will step in to backstop the market. Otherwise if the HFT were working to ensure liquidity there would be no such thing as a flash crash.
We read: "Investigators further state that Owens blamed his son's death to his 11-year-old daughter and tried to force a confession out of her.
"...Deputy Owens did not maintain the highest standards of conduct and discredited himself and the Sheriff's Office....," the document states. "....His selfish, shameful and cowardly behavior has left an indelible mark on our agency and has raised serious doubts about his credibility, judgment, truthfulness and fitness for duty."
The Multnomah County District Attorney's Office declined to prosecute Owens for allegedly coercing his daughter. The incident happened in the Portland area."
and wonder what in the world it takes for a police office to actually get arrested. He & his wife apparently dragged the daughter to a fast food joint where the wife "questioned" the daughter: http://www.columbian.com/news/2011/nov/18/his-selfish-shameful-and-cowardly-behavior-has-lef/?print -- "But prosecutors declined this fall to try the deputy because it was in Multnomah County, Ore., where he allegedly coerced his daughter, when Owens and his wife were driving the girl to the airport about a month after the shooting.
“In review of the evidence in the case, the charges we were looking at were witness-tampering allegations,” Clark County Prosecutor Tony Golik said Friday. “Because of jurisdiction, we didn’t feel we had” sufficient evidence that a crime occurred in Clark County.
The case was referred to the Multnomah County District Attorney’s Office. A deputy district attorney there declined to press charges on either Owens or his wife. A call to the spokesman for that DA’s office was not returned Friday."
In Vancouver, WA. the local newspaper (http://www.columbian.com/) did the same thing. The user comments have degenerated into useless tripe, mostly agreeing with the article.
Before the Facebook conversion, we had very insightful commentary about the real estate collapse from banking insiders (the local economy revolves about building affordable housing outside the restrictions imposed by nearby Portland, Oregon). Additionally, articles about the corrupt Vancouver WA police dept and articles about the county budget often brought about interesting reader comments. Oh, and post-Facebook conversion, conveniently it appears the old articles have "disappeared" from the archives.
However, now that the Gestapo, excuse me, Facebook registration is required, newspaper comments are bland and mostly uninformative. Which, I'm sure, is the way Corporate America likes it.
Oh, and on the gunsafe article, the following article is interesting in that the police officer in the Slashdot post tried to implicate his daughter in the death of his son. Were Facebook registrion required for posting, it is doubtful this sort of thing would surface:
"Investigators further state that Owens blamed his son's death to his 11-year-old daughter and tried to force a confession out of her.
"...Deputy Owens did not maintain the highest standards of conduct and discredited himself and the Sheriff's Office....," the document states. "....His selfish, shameful and cowardly behavior has left an indelible mark on our agency and has raised serious doubts about his credibility, judgment, truthfulness and fitness for duty."
The Multnomah County District Attorney's Office declined to prosecute Owens for allegedly coercing his daughter. The incident happened in the Portland area."
Interesting of course that they didn't prosecute him.....
Not sure why this is news - homeschoolers have done this for years.
American slashdot parents - given what you no doubt experienced in public schools yourself (like myself) - why in the world are you subjecting your children to the same experience????
Hi Lee - you state "Previous studies showed that organic farming doesn't give bigger nutritional value"
Can you provide some links? My own tests showed our potatoes were more nutritious than store-bought potatoes (we had those tested, too). I've also provided literature that stated corn had higher protein before GMO. I'd be interested to see a counter-claim.
Correct, I was just about to post to bring up mineral/protein content. We're doing soil amendments, and paying for soil tests as well as actually testing the produce. We found our potatoes were significantly higher in minerals than a store bought potato (which we had tested at the same time).
Klober's _Storey's Guide to Raising Pigs_ (2009) states on page 75 "These old, open-pollinated field-corn varieties often tested in the 13-16 percent crude protein range. This was far better than the 8 or 9 percent levels assigned to modern hybrids, and many hog producers are assigning a value or just 6 percent when formulating rations with heavily heat-dried corn."
While not certified organic, I grow veg and raise poultry and pork in an organic fashion, primarily for my own consumption. I do so in the belief that the food is healthier. I'm appalled how the conventional meat & dairy business treat their animals. I fully understand organic costs more money. On the other hand, 100 years ago American were paying a significantly larger amount of money on food.
Pre-emptively, I'll ask teachers who object to my post to honestly answer how many students they have flunked. If you have not flunked out a student, then please defend the fact that students pass through the system without the necessary qualifications.
This upgrade cycle is (to me) insane - I only "upgraded" from Windows 2000 last year, and the only reason I did it was.net 3.5 requires XP.
I get paid to do database, c# and vb.net stuff. Windows 2000 worked just fine for me. I only upgraded to XP to run VS 2010. Honestly, from my perspective I gained *nothing* by upgrading.
Similarly, I'm seeing absolutely no reason to "upgrade" to Windows 7 or whatever they'll be calling it in two years.
For my personal machines, I'm moving to different flavors of Linux/BSD - whatever is the most stable. I don't understand Microsoft & Mozilla's persistent need to be tweaking with user interfaces.
As others have pointed out, the issue for many isn't the claims about food safety, but rather Monsanto's lawsuits. Google "Monsanto lawsuit" or check out:
I see the usual confusion on this topic - how is Social Security funded, what role does the Federal Reserve play, what are the major expenditures for the US govt.
All of these should have been addressed for high school graduates, and in fact, a Republic (or other forms of democratic government) require that the populate be well educated. Well, we fail on that...
A fun read is the last book in the Little House on the Prairie, where Laura has to pass her high school examination. I bet fewer than 5% would pass the test today.
Agreed. Back in the day, that was how I interviewed as well. My preference is to ask very open-ended questions (so, tell me about your latest (or most fun) project), and then drill down on their answers, getting more technical as we go.
So many people freeze during the interviews (I certainly used to) that, much of the time, the BS artists are the ones who pass through traditional interviews.
I wish I could agree about Hugo/Nebula - I've been working my way through them, and have been disappointed at some of their recent winners, including Robert Charles Wilson's _Spin_ and Lois McMaster Bujold's _Cryoburn_ -- certainly both authors have written excellent books, but I found both of these books to be significantly less impressive than their other works.
Lately Hugo & Nebula seem to be awarding the authors rather than the stories.
Borland made history by selling their Turbo Pascal compiler for something like $25 or $50 back in the mid 80's. That was a screaming deal. Pascal was taught as CS100/101/etc where I went to school. Lisp & Prolog were just electives, not used by anyone except the AI people.
Majority of trading (at least in the US) is computer. According to this, average length of time a stock is held is under 35 seconds.
The mainstream financial reporting in the US is a complete joke -- everyone fixates on the Dow, as though it held any meaning. At the end of each day, some "meaningful" reason is given for a less than 1% move, however automated trading never seems to be included.
Netflix joins the Dow??? Is that what this country is reduced to? No manufacturing, just service?
Meanwhile, SEC regulation is a total joke, insider selling is rampant, accounting is a joke...
But, if you're a retiree, where else can you hunt down returns? CDs are long dead.
My simple proposal: in the event of an accident, check the drivers' phone records. If the phone was active some threshold before the accident (1 minute?) they are automatically at fault, and appropriately charged.
If both phone active, then both drivers charged.
Obvious question here is where do the auto insurance companies stand?
I've had numerous discussions with my credit union about their inadequate response to computer security.
For instance, their customer service messaging is handled through a third party, so e-mails will reference a third party URL that seemingly has nothing to do with the credit union. I've tried to explain phishing attacks to the credit union to no avail.
At the same time, their customers are pressuring them to support transactions via the phone. What a disaster. The sad part is, as a credit union member, I suffer, because my savings interest rates will decline due the inevitable write-offs.
Already, we've seen responsible credit unions take a massive hit -- on September 24, 2010 the National Credit Union Administration (NCUA) placed 3 corporate credit unions in conservatorship. As a result, $30-35MM in bonds will be issued by NCUA to cover the bad credit unions. The member credit unions take the hit, and my credit union lost $2MM.
From an e-mail with my credit union:
NCUA also operates the federal deposit program for credit unions. This fund is called the National Credit Union Share Insurance Fund (NCUSIF). This fund is capitalized by deposits from individual credit unions and backed by the full faith and credit of the U.S. Government. Insured credit unions deposit 1% of their insured shares into the fund on an annual basis. The fund balance must operate between 1 – 1.3% of insured deposits. Anytime the fund does not stay above the target rates established by the NCUA we must make premium payments to recapitalize the fund. In 2010 our recapitalization rate was 12 basis points or $480,000. These expenses are part of the Credit Union’s operating expenses on any given year.
At the end of the day, I suspect we either need scanning on the phones, or a secure fob that produces one time passwords that get entered into a website. I think just about everything else is open to attack.
Yes, fobs are expensive. Suck it up, banks! How much more bailout money do you need?
Slashdot Mirror
The problem w/ HFT is buy/sell orders get placed and then immediately (less than a second later) cancelled. The HFT algo puts out the trade with no intent of actually executing the trade.
That is a violation of the rules, but strangely enough, the SEC sees no need to take action.
It is also questionable if the HFT algo actually has the cash on hand behind the order at the time the order is placed.
The idea that HFT injects liquidity is up for debate, as we see the HFTs turned off at times of crisis. Thus, no one will step in to backstop the market. Otherwise if the HFT were working to ensure liquidity there would be no such thing as a flash crash.
Today, after the stock dropped 50%, analysts are beginning to downgrade the stock from buy to hold. Excellent analysis there!!!
http://finance.yahoo.com/news/knight-capital-downgraded-hold-buy-155956204.html
Oddly enough, the article didn't mention the back story behind the police office who's 3 year old died. If we look at the local media: http://www.oregonlive.com/clark-county/index.ssf/2012/01/former_clark_county_deputy_fil.html
We read: "Investigators further state that Owens blamed his son's death to his 11-year-old daughter and tried to force a confession out of her.
"...Deputy Owens did not maintain the highest standards of conduct and discredited himself and the Sheriff's Office....," the document states. "....His selfish, shameful and cowardly behavior has left an indelible mark on our agency and has raised serious doubts about his credibility, judgment, truthfulness and fitness for duty."
The Multnomah County District Attorney's Office declined to prosecute Owens for allegedly coercing his daughter. The incident happened in the Portland area."
and wonder what in the world it takes for a police office to actually get arrested. He & his wife apparently dragged the daughter to a fast food joint where the wife "questioned" the daughter: http://www.columbian.com/news/2011/nov/18/his-selfish-shameful-and-cowardly-behavior-has-lef/?print -- "But prosecutors declined this fall to try the deputy because it was in Multnomah County, Ore., where he allegedly coerced his daughter, when Owens and his wife were driving the girl to the airport about a month after the shooting.
“In review of the evidence in the case, the charges we were looking at were witness-tampering allegations,” Clark County Prosecutor Tony Golik said Friday. “Because of jurisdiction, we didn’t feel we had” sufficient evidence that a crime occurred in Clark County.
The case was referred to the Multnomah County District Attorney’s Office. A deputy district attorney there declined to press charges on either Owens or his wife. A call to the spokesman for that DA’s office was not returned Friday."
In Vancouver, WA. the local newspaper (http://www.columbian.com/) did the same thing. The user comments have degenerated into useless tripe, mostly agreeing with the article.
Before the Facebook conversion, we had very insightful commentary about the real estate collapse from banking insiders (the local economy revolves about building affordable housing outside the restrictions imposed by nearby Portland, Oregon). Additionally, articles about the corrupt Vancouver WA police dept and articles about the county budget often brought about interesting reader comments. Oh, and post-Facebook conversion, conveniently it appears the old articles have "disappeared" from the archives.
However, now that the Gestapo, excuse me, Facebook registration is required, newspaper comments are bland and mostly uninformative. Which, I'm sure, is the way Corporate America likes it.
Oh, and on the gunsafe article, the following article is interesting in that the police officer in the Slashdot post tried to implicate his daughter in the death of his son. Were Facebook registrion required for posting, it is doubtful this sort of thing would surface:
http://www.oregonlive.com/clark-county/index.ssf/2012/01/former_clark_county_deputy_fil.html
"Investigators further state that Owens blamed his son's death to his 11-year-old daughter and tried to force a confession out of her.
"...Deputy Owens did not maintain the highest standards of conduct and discredited himself and the Sheriff's Office....," the document states. "....His selfish, shameful and cowardly behavior has left an indelible mark on our agency and has raised serious doubts about his credibility, judgment, truthfulness and fitness for duty."
The Multnomah County District Attorney's Office declined to prosecute Owens for allegedly coercing his daughter. The incident happened in the Portland area."
Interesting of course that they didn't prosecute him.....
"They have a cheaper pair for about half the price (HX-33s?) that are almost as good."
I think you're referring to HA-FX33: https://www.google.com/search?q=HA-FX33&hl=en&sa=X&biw=1440&bih=746&tbm=shop
Not sure why this is news - homeschoolers have done this for years.
American slashdot parents - given what you no doubt experienced in public schools yourself (like myself) - why in the world are you subjecting your children to the same experience????
I remember seeing Wang terminals in the early 80's that were basically 8 1/2 x 11 resolution, for secretaries.
30 years later, I'm baffled that the focus is strictly on playing movies, as opposed to replicating paper.
Naturally, Xerox's PARC developed the idea: https://en.wikipedia.org/wiki/Xerox_Alto
Hi Lee - you state "Previous studies showed that organic farming doesn't give bigger nutritional value" Can you provide some links? My own tests showed our potatoes were more nutritious than store-bought potatoes (we had those tested, too). I've also provided literature that stated corn had higher protein before GMO. I'd be interested to see a counter-claim.
Some quick Googling seemed to indicate mainstream media wasn't ready to state one way or the other:
http://www.organicconsumers.org/organic/organic_nutrition.cfm
http://www.mayoclinic.com/health/organic-food/NU00255/NSECTIONGROUP=2
http://www.ota.com/organic/benefits/nutrition.html
interesting report here, would be interesting to see more details:
http://www.sciencedaily.com/releases/2008/08/080807082954.htm
Correct, I was just about to post to bring up mineral/protein content. We're doing soil amendments, and paying for soil tests as well as actually testing the produce. We found our potatoes were significantly higher in minerals than a store bought potato (which we had tested at the same time).
Klober's _Storey's Guide to Raising Pigs_ (2009) states on page 75 "These old, open-pollinated field-corn varieties often tested in the 13-16 percent crude protein range. This was far better than the 8 or 9 percent levels assigned to modern hybrids, and many hog producers are assigning a value or just 6 percent when formulating rations with heavily heat-dried corn."
While not certified organic, I grow veg and raise poultry and pork in an organic fashion, primarily for my own consumption. I do so in the belief that the food is healthier. I'm appalled how the conventional meat & dairy business treat their animals. I fully understand organic costs more money. On the other hand, 100 years ago American were paying a significantly larger amount of money on food.
I've got DSL, 12 hops to get to 8.8.8.8, in the 95ms range. This is with a couple of VPNs, streaming audio, regular web use.
FYI, slashdot had a tangentially related discussion at: http://news.slashdot.org/story/12/02/09/159200/three-unexpected-data-points-describe-elementary-school-quality
In the interest of clarity, I'm homeschooling.
Pre-emptively, I'll ask teachers who object to my post to honestly answer how many students they have flunked. If you have not flunked out a student, then please defend the fact that students pass through the system without the necessary qualifications.
I refrence Gatto's book at https://en.wikipedia.org/wiki/John_Taylor_Gatto
Please compare yourself to Gatto as you object to my post. Thanks!
Sorry, I accidentally modded your post redundant - I meant to hit insightful. I wish there was a "confirm" for a down-mod. Killing my existing mods...
This upgrade cycle is (to me) insane - I only "upgraded" from Windows 2000 last year, and the only reason I did it was .net 3.5 requires XP.
I get paid to do database, c# and vb.net stuff. Windows 2000 worked just fine for me. I only upgraded to XP to run VS 2010. Honestly, from my perspective I gained *nothing* by upgrading.
Similarly, I'm seeing absolutely no reason to "upgrade" to Windows 7 or whatever they'll be calling it in two years.
For my personal machines, I'm moving to different flavors of Linux/BSD - whatever is the most stable. I don't understand Microsoft & Mozilla's persistent need to be tweaking with user interfaces.
As others have pointed out, the issue for many isn't the claims about food safety, but rather Monsanto's lawsuits. Google "Monsanto lawsuit" or check out:
https://en.wikipedia.org/wiki/Monsanto#As_plaintiff
http://www.reuters.com/article/2011/09/21/us-monsanto-lawsuit-idUSTRE78K79O20110921
https://en.wikipedia.org/wiki/Monsanto_Canada_Inc._v._Schmeiser
among others. Could Monsanto be viewed as a monopoly? How much control over your food supply are you comfortable with?
The Fed has a dual mandate, including "stable prices." - where is the concern for low inflation?
http://www.federalreserve.gov/faqs/money_12848.htm
As anyone can see, we do not have low inflation. The Fed has not complied with the law.
I see the usual confusion on this topic - how is Social Security funded, what role does the Federal Reserve play, what are the major expenditures for the US govt.
All of these should have been addressed for high school graduates, and in fact, a Republic (or other forms of democratic government) require that the populate be well educated. Well, we fail on that...
A fun read is the last book in the Little House on the Prairie, where Laura has to pass her high school examination. I bet fewer than 5% would pass the test today.
Agreed. Back in the day, that was how I interviewed as well. My preference is to ask very open-ended questions (so, tell me about your latest (or most fun) project), and then drill down on their answers, getting more technical as we go.
So many people freeze during the interviews (I certainly used to) that, much of the time, the BS artists are the ones who pass through traditional interviews.
I wish I could agree about Hugo/Nebula - I've been working my way through them, and have been disappointed at some of their recent winners, including Robert Charles Wilson's _Spin_ and Lois McMaster Bujold's _Cryoburn_ -- certainly both authors have written excellent books, but I found both of these books to be significantly less impressive than their other works. Lately Hugo & Nebula seem to be awarding the authors rather than the stories.
Borland made history by selling their Turbo Pascal compiler for something like $25 or $50 back in the mid 80's. That was a screaming deal. Pascal was taught as CS100/101/etc where I went to school. Lisp & Prolog were just electives, not used by anyone except the AI people.
For those of us who raise chicks & ducklings, incandescent bulbs are used as heat sources for young animals. Obviously, LEDs & CFLs will not work.
Majority of trading (at least in the US) is computer. According to this, average length of time a stock is held is under 35 seconds.
The mainstream financial reporting in the US is a complete joke -- everyone fixates on the Dow, as though it held any meaning. At the end of each day, some "meaningful" reason is given for a less than 1% move, however automated trading never seems to be included.
Netflix joins the Dow??? Is that what this country is reduced to? No manufacturing, just service?
Meanwhile, SEC regulation is a total joke, insider selling is rampant, accounting is a joke...
But, if you're a retiree, where else can you hunt down returns? CDs are long dead.
My simple proposal: in the event of an accident, check the drivers' phone records. If the phone was active some threshold before the accident (1 minute?) they are automatically at fault, and appropriately charged.
If both phone active, then both drivers charged.
Obvious question here is where do the auto insurance companies stand?
I've had numerous discussions with my credit union about their inadequate response to computer security.
For instance, their customer service messaging is handled through a third party, so e-mails will reference a third party URL that seemingly has nothing to do with the credit union. I've tried to explain phishing attacks to the credit union to no avail.
At the same time, their customers are pressuring them to support transactions via the phone. What a disaster. The sad part is, as a credit union member, I suffer, because my savings interest rates will decline due the inevitable write-offs.
Already, we've seen responsible credit unions take a massive hit -- on September 24, 2010 the National Credit Union Administration (NCUA) placed 3 corporate credit unions in conservatorship. As a result, $30-35MM in bonds will be issued by NCUA to cover the bad credit unions. The member credit unions take the hit, and my credit union lost $2MM.
From an e-mail with my credit union:
NCUA also operates the federal deposit program for credit unions. This fund is called the National Credit Union Share Insurance Fund (NCUSIF). This fund is capitalized by deposits from individual credit unions and backed by the full faith and credit of the U.S. Government. Insured credit unions deposit 1% of their insured shares into the fund on an annual basis. The fund balance must operate between 1 – 1.3% of insured deposits. Anytime the fund does not stay above the target rates established by the NCUA we must make premium payments to recapitalize the fund. In 2010 our recapitalization rate was 12 basis points or $480,000. These expenses are part of the Credit Union’s operating expenses on any given year.
At the end of the day, I suspect we either need scanning on the phones, or a secure fob that produces one time passwords that get entered into a website. I think just about everything else is open to attack.
Yes, fobs are expensive. Suck it up, banks! How much more bailout money do you need?
Once upon a time, there *BAM*
What a stupid rule.
The project URL is here: http://golang.org/ Looks promising...