tag:blogger.com,1999:blog-6062751687592413583.post727051583383518645..comments2024-03-26T21:56:51.634-07:00Comments on World of Finance.: The Week Ahead.World of Financehttp://www.blogger.com/profile/14109552944903875871noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-6062751687592413583.post-1127168634831287692012-01-23T02:20:00.207-08:002012-01-23T02:20:00.207-08:00this market is amazing....AUD/USD has infact broke...this market is amazing....AUD/USD has infact broken the downslopping resistance linejonakhttps://www.blogger.com/profile/00225846360557385789noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-59954653565140728662012-01-22T09:07:42.893-08:002012-01-22T09:07:42.893-08:00Welcome back from the far east, hope jet lag is ab...Welcome back from the far east, hope jet lag is abating. Still short, and feeling a bit of pain...added to my position at the closing bell Friday. Let's see what this coming week hands us. Expecting a last minute deal on the Greek debt....but hard to say if it will be a sell the news event. All the best to you.<br /><br />SteveAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-13169952999000100212012-01-22T05:11:04.986-08:002012-01-22T05:11:04.986-08:00Mark,
The game of fools can go on for a very long ...Mark,<br />The game of fools can go on for a very long time and if we go short anticipating the collapse, we will go broke. I think the day of buy and hold is gone and we will have to reduce our holding period. Even if SPX reaches 400, it is not going to stay there for ever. Rather it will be an wonderful opportunity to invest and retire.<br />2015 is far off and we will have to get by 2012 and lots going to happen in 2012 itself. <br />Japan has been continuing with their mess and dead banks for 30 years now. So do not bank on another 2008 like situation any time soon.World of Financehttps://www.blogger.com/profile/14109552944903875871noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-18676005612245292842012-01-22T04:31:38.033-08:002012-01-22T04:31:38.033-08:00Hi,
So how does this all play out in the next few...Hi,<br /><br />So how does this all play out in the next few years? Felix Zulauf firmly believes that the S&P will crater to around 500 by 2015 or so. This guy is usually very good at reading macro trends from what I can tell and is well respected. <br /><br />I don't think anybody knows - I'm not ruling out S&P to 1800 or S&P to 400 in the next few years (possibly both like the situation in the mid 70's). However, there has to be some cleansing of the crappy financial system at some point. Can this game of fools really go on forever??Markhttps://www.blogger.com/profile/18267668803533781255noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-45875958266307598992012-01-21T16:12:25.849-08:002012-01-21T16:12:25.849-08:00I am keeping an open mind and we will make it up a...I am keeping an open mind and we will make it up as we go. The correction which I was hoping for in Mid-Jan. has now been pushed back. So it is possible that up move will also be pushed back. Will monitor it on a daily basis.<br />Thanks for the update.World of Financehttps://www.blogger.com/profile/14109552944903875871noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-64283566939555886042012-01-21T14:39:09.192-08:002012-01-21T14:39:09.192-08:00BB - thanks for your post.
Note that we might not...BB - thanks for your post.<br /><br />Note that we might not hit another top until early March (vs mid Feb) - in this scenario, market will decline for 2 weeks starting next, into early Feb, ramp and then hit another peak sometime in early March. The ramps seem to take longer than the declines. <br /><br />Just a thought (based on review by some market cycle gurus that have been right in the past).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-76357711591939132712012-01-21T10:16:31.292-08:002012-01-21T10:16:31.292-08:00You may very well be right Jack.You may very well be right Jack.World of Financehttps://www.blogger.com/profile/14109552944903875871noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-22126948834532670072012-01-21T10:05:00.039-08:002012-01-21T10:05:00.039-08:00Believe the part about more economical vehicle bei...Believe the part about more economical vehicle being distorted. Beter mileage vehicle have been around for years in Canada. I believe it is joe six pack seingmhis pay cheque shrink, saving gone or close to,it. This is all because of the Fed with it insane zero policy. Joe is hurt and curtaillling is gas expenses. Believe this one if they maintain this zero policy for to long the system will implode. Interest paid to,saver is base of capitalist. Now the new system is get debt pay high interest to bank and zero to saver. How they think this will work?....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-51956454198207865492012-01-21T09:17:10.420-08:002012-01-21T09:17:10.420-08:00I am starting to think DeMark may have gone the wa...I am starting to think DeMark may have gone the way of technical indicators that have gotten 'commoditized'. I was using DeMark extensively till 2010 (its just a click of a button in Bloomberg), but started noticing the accuracy rate was diminishing, so I don use all that extensively now. NOw, with his regular appearance on Bloomberg and nailing the October top, everyone and his brother started paying attention and taking his words to bank - think he could actually be a fade. I am actually thinking of a scenario where SPX drops hard in to 24/25th and finding ST bottom there.<br /><br />His interview is filled with a big hole - anyone with some knowledge of markets knows the scenario he lays out has <5% chance of occuring... He says SPX is topping, but DAX is ready to rip up, and Bunds entering bear market. Not possible. lolJacknoreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-63876769154510604102012-01-21T08:09:56.955-08:002012-01-21T08:09:56.955-08:00JXXD,
2013 is so far away. But for now Oil does no...JXXD,<br />2013 is so far away. But for now Oil does not justify $100.We may see it drift lower if it closes below $99. It may all change in 2013 if the mullahs in Iran and USA/ Israel get in a fight.World of Financehttps://www.blogger.com/profile/14109552944903875871noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-71533001592987558732012-01-21T07:47:56.487-08:002012-01-21T07:47:56.487-08:00Thanks BB !
Any thoughts on oil? A friendlier US...Thanks BB !<br /><br />Any thoughts on oil? A friendlier US Federal Govt arriving Jan 20 2013 may encourage exploration. See what exploration has done for price of natural gas. Also, gas as an alternative to oil. Lowest gasoline volume in 15 years due to more economical vehicles and soft economy. Some read oil charts bearish.<br /><br />jxxdAnonymousnoreply@blogger.com