The Honolulu Commodity Exchange: A Bucket Shop Story
In 1980 Michael Archer opened a commodity office in Hawaii and met a rival, the Honolulu Commodity Exchange. It was a bucket shop, too good to be true.
21 Jul 2024 · 6 min read
The blog
Notes from the house of Goodman
Chart studies, market notes and Charlie Goodman stories from Michael Duane Archer.
Silver Market History: Hunt Brothers and a Big Move Ahead
Michael Archer has followed silver since 1972. He recalls the 1975-1979 frustration, Silver Thursday, and why today's charts look similar to him.
20 Jul 2024 · 4 min read
How to Trade Thin Markets: The Goodman Eggman Lesson
Why short-term trading of thin, illiquid markets loses, and how Charlie Goodman got a Denver broker to buy fresh egg futures at the market and win.
18 Jul 2024 · 5 min read
I Meet Kim: A Krugerrand Story from Honolulu
A young woman walks into Michael Archer's Honolulu office with two Krugerrands to sell. A short story about dinner, local knowledge and a lucky escape.
18 Jul 2024 · 3 min read
Getting Married to a Trade: Position Size and Your Equity Line
Charlie Goodman taught Michael Archer to add size on equity-line corrections, not rallies. A plywood futures story about oversizing, stress and patience.
17 Jul 2024 · 5 min read
Three Clients, Three Life Lessons from a Money Manager
Michael Archer recalls three memorable commodity clients, from a chance meeting over the game of Go to a man in a tattered blazer, and their lessons.
17 Jul 2024 · 5 min read
Is the Market a Computer? The Trend Machine Experiments
Michael Archer recounts The Trend Machine, his 1993-2007 attempt to model markets as a binary cellular automaton, and what he foresaw for computers.
14 Jul 2024 · 4 min read
How Charlie Goodman Taught: Pointing, Examples and Goodmanisms
Charlie Goodman rarely explained. He pointed at charts and spoke in riddles. How Michael Archer decoded 'There's your Return, Dad!' and wrote down Goodman's method.
8 Jun 2024 · 2 min read
The list
One letter, when there is something to say
Charlie wrote to his students. We do the same: a new plate, a chart worth looking at, a note when a book is finished. No schedule, no sequence, no selling to you every Tuesday. Leave when you like.
We keep the list ourselves. It is never sold, rented or shared.