Wednesdays are my second favorite day of the working week, with Fridays being my favorite. We have had some rain and some cold winter weather. When I say cold I should qualify that a bit, cold for me is when it is less the 10C or 50F.

It has been a slow week so far we have had a change of Prime Minister after the deputy and labour factions decided that it was time to go Kevin Rudd. As I am sure most of you know being one of the British Colonies we have most of the conventions of the Westminster System. In Australia we do not elect a prime minster we form a government of coalition parties who in turn elect a leader. This is an over simplification but if you are interested in politics you can read more about Government in Australia.

Also last day of the financial year in Australia, expect the market to be down. Realisation of capital losses and US and European markets closed down.

• We are to small for the G7/G8 but at least Australia is in the G20.
• G20 protest in Toronto turn ugly, surprise, surprise. I wonder if the $US970 million Canada has budgeted for security is enough?
• On  a totally unrelated note I have been listening to Grooveshark. It is just like having your own personal music collection in the cloud. If you haven’t tried it yet I would recommend you give it a go and best of all it is free.
• The cliché saying is that everyone has a book in them, if you need a bit of help getting it out you might find this article useful.
• iPhone, iPad, Apple, Apple, Apple can you say Vendor Lock In?
• What would iPhone 4 sales be if it was not tied to AT&T?
• Got a website? Check out the Yahoo Style Guide.
• Stock analysis using R [via Maoxian]. Interesting I much prefer Python and using the R lib.
• I am ashamed to say I picked up Michael Crawley’s – The R book and have not even read it yet.
• Excellent series on Term Sheets.
• Brett has opened up his blog to post about an excellent opportunity for poker players. I would have applied however currently can’t relocate to NY.
• The Social Network Movie Trailer looks promising.
• I am looking forward to Wall Street II – Money Never Sleeps. September 24th release date.
• EconBrowser has an insightful post on identifying the business cycle.
• Quant research using volatility to predict market direction.
• Quantitative Candlestick Pattern recognition.
• Estimating the probability of a drawdown.
• A cautionary tale from Tr8dr, be carful of the Fat Finger.