Apr

26

Cormorant fishing1. An important point from Galton's The Art of Travel:

Cormorants in China fish during the winter from October to May, working from 10am to 5pm, at which hour their dinner is given to them. A straw tie is put around their necks to keep them from swallowing. When a fish is captured, an oar is held out for the fish to step upon. (However, it requires caution to train a cormorant because the bird has a habit when angry of striking with the beak at the instructor's eye, with an astonishing rapid and sure strike.

Moving back to the concept of the selfish price, might the same be said of very direct day trading systems systems for capturing market prey with the price acting as the cormorant?

2. What is the miner's canary for the market? Might one suggest that one forgo looking at silver, the scholarly market, the Parisian trends, the emerging performance, the moves in the ted spread and the Fed model, but turn to the cormorants. Note that they worked from 9 to 5 in 1861 a good 70 years before the 8 hour work week became standard, and their prediction record for the stock market might be as good as the woebegone reveler that Nock found in the Wigwam the day of the election never getting through the end of Marching Through Georgia.

Ken Drees writes:

One of my favorite books read to me as a child was about a Chinese duck trained to fish for an Asian man/boy who was a little free with his stick if the duck was tardy on his way to the fishing grounds, The pictures were very interesting and delightful, showing the entire fishing scenes from olden days. I would recommend this book for Aubrey.

It's amazing how the post about cormorants triggered this memory. I remember seeing the metal rings around the necks of the birds in my mind. 


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  1. douglas roberts dimick on April 26, 2010 3:54 pm

    Treasures of the Shaolin Temple: Harmonics of Price

    If one studies Shaolin, the energy of the Crane is a focusing of concentration, stability, accuracy, and determination. Comparatively, the nature of cormorants is similarly juxtaposed to a physical dominance of the energy of a tiger.

    As we may consider such animal energies for language delivery systems, one finds crane/cormorant energies (i.e., light, rapid, evasive attacking, flapping wings and darting with beak) to epitomize program systematics for targeting price points and range.

    For teaching ESL (English as a second language), the nine animal energies of Shaolin indicate how communication is effected (and affected) by both balance and extremes of verbal and physical aspects of human connections. Yet there is an alignment of both (verbal and physical) components necessary to achieve fluency.

    If no one energy level (or strategy, be it scalping, swing, trend) may be said to define, quantify, and capitalize the energy flow (or balance) of a security or exchange, then one may come to see both strength and weakness – as with the cormorant. For instance, crane-like communication represents the epitome of (verbal) control, character, and spirit. However, note here that such crane-like energy is of the low system, dominated by physical manifestations, whereby higher (mental or “chi”) levels of capacity for balance so interface. Mid-system beings (crab, eagle, monkey) begin to balance physical existence with mind energies – often unseen. Higher beings (as snake, prey mantis, and dragon) increasingly minimize the need for such abrupt, perhaps violent if not self-conflicted practices as with the need for darting beaks to catch fish.

    Concentration without application of physical strength becomes an ideal at a “greater” (or perhaps more efficient) level of being, as the dragon is unseen. Have you ever seen a real dragon?

    The fluency of markets, in this context, thus appears to be like a language delivery system, whereby valuations evidence a flow and struggle among one and many in mass, all higher-to-lower in classifications of time relative to strength/weakness – selfish or otherwise.

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