Damn you Aussie...I was trying to stay flat.
Will see how she rolls...
Will see how she rolls...
The Really Useless System 25 replies
Bloomberg: VIX Indicator useless for forecasting the direction of equity prices 0 replies
The Really Really Boring Forex System 97 replies
DislikedHow are you mate?
When is going to be an update to the 2010 chart (and soon 2011) ... ... I hope you had a good day...
sisseIgnored
DislikedJust a little elaboration: I think there's now a chance that some TBIF bank may be thrown under the bus and liquidated. Politically, it would be a good move.Ignored
DislikedDamn you Aussie...I was trying to stay flat.
Will see how she rolls...Ignored
DislikedHow are you mate?
When is going to be an update to the 2010 chart (and soon 2011) ... ... I hope you had a good day...
sisseIgnored
Dislikednever. unless we get above 1.700x or below 0.858 then we can extend.Ignored
DislikedHow about BofA?
A lot of lawsuits stacking up there now. Good candidate to start proceedings with, no?
But what would the Oracle say?Ignored
DislikedI know the reason but I have a small TA disagreement, I think I have told Hatch my opinion before.
If you are taking the 10yrs charts, yes I do agree with those levels but that is 10 YR range which is out my and probably all traders scope. However if you take the yearly chart as reference (still very long view but closer to reality) the 2008 bar makes sense as outside bar (MIB bar in PTL words) and the inside levels in 2009 and 2010 where very valid and powerful.
However, the breach outside of the bar in 2010 cancel those levels for this year...Ignored
DislikedYeah, I would have thought BoA; they could keep Merrill alive, sell off Countrywide assets piece meal, and sell the brick and mortor to startup community banks. But the Oracle's little offering makes me think that (a) BoA no, and/or (b) maybe they'll pull a Salamon kind of deal, where a fundamentally dysfunctional and corrupt organization gets a new marshall in the form of Mister Buffett.Ignored
DislikedI dunno, and I may be real off base. It just doesn't look, politically, to be a good time to be a derivatives expanding, excess reserves hoarding, illegally foreclosing bank right now.Ignored
DislikedIgnored
DislikedOne last thing and I have to sign off. After the trading settles down, here's a writing that puts some formal meat on my assertion last week that I'm smelling some deflation.
Shedlock is an Austrian School guy, but he understands that the key isn't measuring money supply, it's measuring credit at mark to market valuations.
Of his twelve recommendations, I agree with nine. I'm still a lot pro-labor, lest the country be turned into one big...Ignored
DislikedI know the reason but I have a small TA disagreement, I think I have told Hatch my opinion before.
If you are taking the 10yrs charts, yes I do agree with those levels but that is 10 YR range which is out my and probably all traders scope. However if you take the yearly chart as reference (still very long view but closer to reality) the 2008 bar makes sense as outside bar (MIB bar in PTL words) and the inside levels in 2009 and 2010 were very valid and powerful.
However, the breach outside of the bar in 2010 cancel those levels for this year...Ignored
Dislikedits not confirmed levels such as any high or low. it has no reference to time. and time doesn't affect the flow of numbers. we think #s flow such as 1,2,3,4,5, and so on. they also flow in other ways.Ignored