Comments (28)

Someday I’m getting e^ipi + 1 = 0 somewhere on my body. Don’t know where, don’t know when, but it WILL happen. I already have a non-geeky tattoo on one shoulder, so maybe I should go for the opposite leg for balance.

posted by maggie on
7-10-2011 at 9:32 pm

I just got this one two weeks ago: http://j.mp/pc4OxA

posted by TheKm on
7-10-2011 at 10:29 pm

After looking at the phot gallery, I have two thoughts…

1. I can already tell who the people are who will regret their tattoos in a few years. I say this as a girl who has both regretted and lasered. Think long and hard before getting tattooed! It’s forever – and so is my tattoo shaped laser burn/scar.

2. Glad I decided against a phoenix tattoo. More common that I thought. The ones in the gallery are really cool, though.

3. I’m going this week to get “Ne te queasiveris extra” (Too lazy to look up the spelling for that right now.) It’s the fist line of Emerson’s essay Self-Reliance meaning “do not seek outside yourself.” I’m an Emerson nerd…more accurately, a transcendentalist nerd :)

posted by Cheryl on
7-10-2011 at 11:27 pm

I’ve always wanted a Hitchhiker’s Guide tattoo!! Either ‘Don’t Panic’ printed someplace in nice, friendly letters, or a teeny little bowl of petunias just below my ear. Whomever bears the ink pictured in #5 wins at life, those are absolutely magnificent! (not to mention some of the best lines in the book!)

posted by Jynnantonix on
7-10-2011 at 11:31 pm

I’ve also been seriously considering getting “Res ipsa loquitur, sed quid in infernos dicit?” (it speaks for it’s self, but what the hell does it say?) It was a quote that I found somewhere online that was attributed to Hunter S. Thompson.

posted by Jynnantonix on
7-10-2011 at 11:35 pm

@Jynnantonix before you get that done, just know that the last word should be “dicet”. Nothing worse than a misspelled tattoo.

posted by TheKm on
7-10-2011 at 11:59 pm

I want to know the artist of the Cyborg Lincoln tattoo. I have seen tons of absolutely dreadful portrait tattoos, but this one is incredible. Easily the best I’ve seen.

posted by Jessi on
7-10-2011 at 11:59 pm

Love number 5! I just made a birthday cake tonight for a friend that was a vanilla whale and a chocolate pot of petunas. The whale read “Happy birthday, friend!” and the petunias “Not again”.

posted by Angela on
7-11-2011 at 12:15 am

All of these people should just get a specially made t-shirt instead. It is cheaper, and it comes with less regret.

posted by Turtle on
7-11-2011 at 10:34 am

I have seen many tattoos. Some are funny, some are interesting, most look like bad 1970′s album cover art.

I have NEVER seen a tattoo that makes a person look better or more attractive.

Like graffiti on the chrysler building.

posted by loopiecajunboudreaux on
7-11-2011 at 10:51 am

My Hitchhiker’s Guide (well, technically it’s from Restaurant at the End of the Universe) tattoo is less obvious than most. I have “jynnan tonnyx” on my foot.

Also, I have an extra nerdy physics tattoo on my arm. I have a Bragg Diffraction diagram, which demonstrates how x-rays can be used to determine the crystal structure of materials.

posted by Sara on
7-11-2011 at 11:37 am

Wait, the guy with 3 equations across his back is supposed to CHANGE people’s opinion that novelty tattoos are for idiots?

posted by Josh on
7-11-2011 at 12:49 pm

Ever wonder why so many of the Baby Boomers skipped getting tats? The ones whose fathers and uncles came back from WW2 remember that those tats turned into blue-black blobs, and all the yellows and reds faded away.

Of course, the old stoners, the ones who are still trying to convince some 20 year old co-ed they can make it are out there getting marked up as we speak…

posted by Jonascord on
7-11-2011 at 5:15 pm

I agree with turtle’s tshirt suggestion. I understand if someone has had some life event that spurs them into getting a tattoo, but I don’t think it’s a great idea to just want a tattoo and try to think of something to fit the bill–just my opinion. That said, the ruler could be useful.

posted by BWNYC on
7-11-2011 at 5:21 pm

Actually, the ruler will be the least useful of these tattoos in a few years, when its beraer’s skin stretches too far off the benchmark.

Love the equations and diagrams, myself. I’ve often considered adapting some M.C. Escher art, but so far I’ve been too chicken.

posted by Kevin on
7-11-2011 at 8:25 pm

I got a tattoo to remember the time I got really drunk and made a bad decision.

posted by Alfa on
7-11-2011 at 11:52 pm

I have an idea. If they can they make a solid light blue rectangle on pale skin. Centered within the rectangle (which resembles a computer screen) would be the words:

ERROR CODE 404

TATTOO NOT FOUND!

posted by Tdave on
7-12-2011 at 6:38 am

Comments of Jonascord reinforce an observation-debate I’ve been having. Tatoos are a generational thing…Baby boomers (which I am at the tail end of…) are not into them …Seems to start with the Xers and progress (or regress IMO). Married an Xer and its a source of “debate”.

posted by almost50 on
7-12-2011 at 8:42 am

Beware, especially women, that when you have children or for everybody as they age, your body and skin changes and your tattoo will blur and look like #(#&9.

Even if you stay thin, tattoos on older people, particularly women since they have less hair and the tattoo covers more of their body, are just pathetic and disgusting. They look like they’re desperately trying to look younger and it just looks plain ugly.

Plus I don’t know if tattoos are addictive or what but people get way too many of them. Like the poster whos says beware, and had hers removed and is now talking about another one.

I love the T-shirt suggestion.

posted by no tattoos on
7-12-2011 at 9:48 am

Because of the field I am going into I choose to get a blacklight tattoo of an outline of Mickey’s head, but the actual head is the original Tron Identity Disc of five rings and a dot in the middle. I place it on my neck.

posted by Jennifer on
7-12-2011 at 4:05 pm

Ever see a Porche with a bumper sticker? Too bad these beautiful bodies are treated like this.

posted by Chris Lamont on
7-13-2011 at 10:07 am

Very nice article.

RULER = one who rules

RULE = A measuring device

posted by Nyghtowl on
7-13-2011 at 3:48 pm

I have a full sleeve based on Rockwell Kent’s illustrations of Moby Dick. I took it from this cover:

http://www.foliosociety.com/book/MBY/moby-dick

posted by timmeratx on
7-13-2011 at 6:58 pm

You’re late to the game. Carl Zimmer’s been collection science tattoos for years. http://blogs.discovermagazine.com/loom/science-tattoo-emporium/ He’s publishing a book of them – to be released in November.

http://www.amazon.com/gp/product/1402783604/ref=as_li_ss_tl?ie=UTF8&tag=carlzimmercom&linkCode=as2&camp=1789&creative=390957&creativeASIN=1402783604

posted by Lisa on
7-14-2011 at 2:34 pm

I have the Mensa logo tattooed on the inside of my right forearm. Since most of the people with whom I associate aren’t candidates and many don’t even know what Mensa is, I just tell them it’s my “geek brand”.

posted by Jenipher on
7-17-2011 at 11:53 am

Let’s face it…. tattoos aren’t for the person who gets it….it’s so other people will think the person with the tattoo is “cool” or fit into some other sub category…like all of a sudden “nerd” is it’s own sub genre. Seriously, if you have to get a permanent drawing or cartoon on your body so other people will like you, you need to work more on becoming a better person.

posted by chris on
7-17-2011 at 9:27 pm

These tattoos are not only geeky, but about a hundred times more interesting than most tattoos (“I dunno, I just thought it looked pretty”). My mom has just one tattoo, and it’s music geeky: http://i124.photobucket.com/albums/p8/lovinlife3792/Tattoo/bird8.jpg (that’s not hers though- hers is on her ankle). The one of the horseshoe crab is my favorite- paleantology is so fascinating, I’d go into it if not for botany, my first love.

posted by Araxie on
7-17-2011 at 9:50 pm

you’re skin isn’t going to look good when you get old tattoos or not. why do people recycle that pathetic argument.

posted by kai on
7-26-2011 at 2:36 pm

A Weekly Strategy Guide For Forex, Stocks, Commodities, Both Binary Options and Standard Spot Market Traders

NB: For analysis of prior week’s key market drivers and their lessons for the current week see Part 1.

COMING WEEK MARKET MOVERS

Sovereign Debt Concerns Could Still Dominate Markets

GREECE

Potential complications over the coming weeks include:

While Greece is due to receive further bailout funds again in September, in theory if it hasn’t progressed in implementing its Medium-Term Fiscal Strategy and privatizations program then the Troika ( EU/ IMF/ECB could threaten to withhold funds once again.

Beyond September, Greece still needs to negotiate second bailout of about €120 billion.

Even if the ratings agencies somehow accept that the the proposed extension of Greek bond maturities is actually voluntary and thus not a restructure (aka default), EU officials still need to find more private investors who are willing to voluntarily extend the maturity of their Greek debt holdings. So far French and German banks have pledged to do this, though German banks only willing to extend €3 bln of their holdings, out of the €30 bln target.

Greece may have to pay higher rates of interest on the new, rolled over bonds to entice more investors to follow suit, currently it stands at 5.5 per cent, far below Greece’s 10-year yield, which is currently trading at 16.3%.

Of course the past weeks have shown this threat to be empty unless somehow a bank bailout plan is already in place that could maintain confidence in European and global banking stability.

IRELAND AND PORTUGAL AND SPAIN, OH MY!

Of course, regardless of how rating agencies respond, any perceived breaks to Greece will be demanded by Portugal and Ireland, each of which present at least the same contagion risk . For example, Spain is more exposed to a Portugal than Greece, and the EU cannot afford to bail out Spain with its current reserves for bailouts.

If the fiscal consolidation plans of any of these disappoint their borrowing costs could rise beyond their means, forcing them to seek aid. Spain continues to uncover new hidden local debt which at some point could reignite serious concern about this too-big-to-bail-or-fail debt beast.

Ireland To ECB: You Can Take This Bank And Shove It

The ECB already has about €100 bln of Greek, Irish, and Portuguese debt alone on its books, before even considering other dubious bond holdings. It has about €10 bln total capital, making it another dead man walking.

The state of Irish banks has become so dire that author and advisor John Mauldin recently wrote that will, in the near future, Ireland could well walk away from its own guarantees of €60 bln in ECB loans to Irish banks and just give the ECB the banks. This alone would render the ECB insolvent, even before considering what losses it could take from the other PIIGS bonds.

Italy Getting Sucked In

Until this past week Italy had escaped concern about its own debt, however Italian bank exposure to Greece has raised alarms and brought threats of credit downgrades. Ongoing trouble in the other PIIGS nations risks further sucking Italy into the debt crisis vortex. The Italian economy is larger than Spain’s, and presents a similarly fatal threat to the EZ’s survival.

Don’t Forget US, Other Exposure To The EU

As noted in prior weeks, US institutions have roughly equal exposure to the PIIGS as do banks of France and Germany via CDS writing and money market paper. China has said it will be increasing its EZ exposure.

Ongoing Global Slowdown Theme

While concerns certainly have eased for the moment regarding the EU, global economic datacontinues to point to slowing growth at best in every major economy. The past week showed slowing manufacturing in every major economy besides the US, which surprised a bit to the upside.

The Technical Picture: Trade The Range

Looking at the bellwether S&P 500 index, the picture remains uncertain.

S&P 500 DAILY CHART COURTESY ANYOPTION.COM 01jul 030358

The fundamental picture noted above suggests the current bounce is just that, a bounce off support. Fundamentals offer little reason to believe in a break past late April 2011 highs

We see that the Greek relief rally kept major indexes within their 2011 trading ranges and prevented a very bearish breakdown below the 200 day EMA. However at current levels we’re just stuck within a monthly trading range.

Still, considering how dire things have been, this can be taken as a sign of resilience, which in turn suggests stocks and other risk assets could rally on any sustained improvement in the results from the coming week’s calendar, and we’ve a busy week ahead.

Looking at the both the daily and monthly EURUSD charts, there is a similar, confirming picture of ongoing consolidation with a bias to more downside in the coming weeks, though some additional bounce certainly can’t be ruled out.

Looking at the daily EURUSD chart below, here’s what we see:

EURUSD DAILY CHART COURTESY ANYOPTION.COM 02jul 030404

Firm resistance around the 1.4500-1.4600 zone from both recent rallies topping out around 1.4550

Both the 20 day EMA (yellow) and 10 day EMA (blue) are in the process of crossing back over the 50 day EMA (red), suggesting that the pair may have some more upside forming to challenge recent highs around 1.4600, assuming no new negative news about EU debt issues.

We have a likely rate increase this week for the EUR, which could spark either further rally or profit taking, as did the last EUR rate hike.

As for the monthly EURUSD chart below:

EURUSD MONTHLY CHART COURTESY ANYOPTION.COM 03JUL 0411

Top Calendar Events & Themes

The 3 big calendar themes include a wave of major Australian and US data, 3 central bank rate decisions, and US monthly jobs reports.

Three Central Bank Rate Decisions

July 5th RBA, July 7th BoE and ECB: The first 2 are expected to hold rates steady, and the ECB is expected to raise rates 25 bps to 1.50%

US Monthly Jobs Reports And Related

In addition to the Friday monthly reports, expect some volatility in risk assets if we get any surprises from reports that provide hints about the Friday result. These include:

Wednesday: ISM non-Mfg PMI

Thursday: ADP non-farms payrolls

Aussie data:

Monday: Building approvals, retail sales, ANZ monthly job ads

Tuesday: Trade balance, RBA statement

Thursday: Monthly jobs reports

Other Top Events

Monday: Swiss retail sales, US bank holiday (light volume & follow thru from Europe session onwards)

Tuesday: UK Halifax HPI m/m, services PMI

Wednesday: Canada building permits

Thursday: see above BOE, ECB rate statements, US ADP NFP, also CAD Ivey PMI

Friday: US and Canada monthly jobs reports

What To Do? Key Points

In the short term, both fundamentals and technical data suggest risk assets are now back in the middle – upper range of their 2011 trading ranges, which is not a great place to open low risk positions, with neither resistance nor support nearby for an attempt to play a low risk bounce off one of these.

The overall tone of fundamentals remains negative as cited above, so the odds favor waiting for a bounce off of 2011 resistance levels for the above assets.

Unless next week’s data is surprisingly bullish then, odds are slightly to the downside, especially if US jobs data continues to suggest little progress in job creation.

In sum, a good week for all but day traders to stand aside.

Over the longer term, with persistent long term troubles in the underlying economies of the EUR, USD, GBP, and JPY, the current weakness in gold prices may well prove to be a developing buying opportunity for this ultimate currency hedge.

Note the weekly gold chart below.

GOLD WEEKLY CHART COURTESY ANYOPTION.COM 04JUL 030438

The key point, gold is getting close to its 20 week EMA (yellow), which over the past year has served as strong support. Given the rising odds that the ECB will need to print money over the coming year, we like buying gold on dips.

Long term fundamentals are not good for either the EUR or USD. The situation for the USD similarly suggests that even though QE 3 is off the table for now, both the debt ceiling debate tension in the near term, as well as the coming presidential election and the temptation it presents the Obama administration for spending.

Thus both the EUR and USD could experience renewed weakness that will be good for gold and other currency hedges.

DISCLOSURE /DISCLAIMER: THE ABOVE IS FOR INFORMATIONAL PURPOSES ONLY, RESPONSIBILITY FOR ALL TRADING DECISIONS LIES SOLELY WITH THE READER. IF WE REALLY KNEW WHAT WOULD HAPPEN, WE WOULDN’T BE TELLING YOU FOR FREE, NOW WOULD WE?

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Friday, July 29, 2011

Making Money Guide