On our train ride down to the Bay Area from Seattle, Amber and I downloaded the entire first season of Wall Street Warriors – a reality show about people involved with the Stock Market. Even after watching six episodes I feel like the mechanics behind what these people do completely eludes me. But the way the people talk about ‘the market’ is fascinating – one part religious devotion / one part extreme gambling habit. One of my new goals for the year is to study how the stock market works and try to divine some meaning out of it. I am currently investigating some online stock market social networks and will report back with more information as it arrives.
The show seems to indicate that they are a lot of new and novel approaches to guessing trends. Some of these are as simple as using astrology to guide your stock market predictions. The show talked about one guy who was actually doing quite well by using the migratory patterns of elephants to guide his own forecasts of how the market would rise and fall. I can’t find any information about this particular instance, but I am going to spend a little time looking into other methods like this.
