Pseudo Random News and Comment

True Out-of-Sample Test of “Best” Technical Trading Rules  Seems like a strategy mean reversion is in order. It’s probably headed back for the unprofitable middle ground where the signals aren’t much use in either direction.

Computer worm that hit Iran oil terminals ‘is most complex yet’  And apparently been out there for a few years already.

China links  A lot of crime and punishment today.

Facebook and the sad case of ethical investment bankers  Great reminder of the long-lost concept of fiduciary duty.

Number of Cities with Increasing House Prices I haven’t presented enough of the bullish case on housing prices so here is an antidote.

Gold vs Bonds: At What Point Should Gold Believers Lose Faith?  Very good points about how gold and bonds are behaving. It’s rather striking that the former reserve currency in waiting is teetering on the edge of the dustbin of history and the best gold can do is basically nothing.

Blueberries hasten muscle recovery: study  All the hallmarks of sloppy science but what the hell, it’s a great excuse for some blueberry scones.

Antidepressants — not depression — increase risk of preterm birth, study shows  How many nails have to be put in this coffin?

Antiretroviral treatment for preventing HIV infection: an evidence review for physicians  This seems to be a repeat of the antibiotic experience. Overuse promotes resistance. Pre-exposure prophylaxis seems a bit over the top in that regard.

‘Vatileaks’ scandal widens as pope’s butler vows to help investigators

Bleaching away what ails you  I don’t think appalling is quite strong enough for this.

Focus on China, not Europe  Great analysis and charts on the elephant in the room. China is one place the Domino Theory would actually apply.

Top U.S. Government Officials Admit that Our Government Has Repeatedly Protected Drug Smugglers  Old news to me but there may be kids in the room who haven’t heard.

Statistical Methods Used to Test for Agreement of Medical Instruments Measuring Continuous Variables in Method Comparison Studies: A Systematic Review  Interesting. Always wondered how they handled this issue but never read much about it because thinking about the inherent circularity of it makes my head hurt.

Robert Mugabe asked to be UN ‘leader for tourism’  An absolute travesty. I had to check the calendar to make sure it wasn’t April 1st. Things are bad when the “real” news is more outlandish than The Onion or Sasha Baron Cohen.

Tuna contaminated with Fukushima radiation found in California  Now you can have your mercury sandwich with cesium too.

Very interesting. How memories disappear. Why Is Memory So Good and So Bad?

Occupy the Neolithic: Social Immobility in the Stone Age  With all the downsides I always wonder why people ever started farming. This may be the answer: “…males tended to stay put in one place while females moved in from other areas to mate with them.”

Mate-Finding as an Overlooked Critical Determinant of Dispersal Variation in Sexually-Reproducing Animals  Certainly has had a lot to do with my movements over time.

I Will Kill Myself If Apple Doesn’t Go Up Tomorrow – Tales From A Margin Clerk.  Some good rules for avoiding an unhappy end.

Real House Prices and Price-to-Rent Ratio at late ’90s Levels  Whether it’s a bottom or not depends on how far it overshoots and how much of the housing gimmickry is unwound.

50-year cholera mystery solved: Answers may help clear the way for a new class of antibiotics Rather than directly killing the bacteria, convincing them to drop their defenses.

Meet ‘Flame,’ The Massive Spy Malware Infiltrating Iranian Computers  More detail on the flame virus.

NSA Teams Up With Colleges to Train Students for Secret Cyber-Ops Jobs  May be time to resurrect Nancy Reagan’s Just Say No campaign.

Backdoor Found in Chinese-Made Military Silicon Chips  I’m guessing sales may fall off a bit after this.

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