May

16

 There are 500,000 species of molluscs, about 1/5 of all known species. Their main parts are the foot, the radula, and the shell. All the species seem to have developed every combination of usage for the 3 parts, with for example the cones shooting out their radula to kill their prey, and the argonaut shedding its shell. What can we learn from them?

Anatoly Veltman writes:

I wonder if the daily/weekly chart of Crude qualifies: what a beautiful Lobagola from $50 down to 26 and back!

We had heated discussion below $27, and we heard all the reasons the market was on its way to its bottom "somewhere between $27 and $0"… only the market pulled its defensive mechanism the very next day!


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