Summary of Policy Recommendations from Ron Paul and Peter Schiff Raise interest rates to promote saving Invest money into infrastructure Let the banks/brokers fail, don’t prop up zombie banks Stop devaluating the dollar by printing endless amounts of money Don’t approve the $700 billion bailout Return to the gold standard Embrace the recession, as it […]
Month: October 2008
A reflection on Quality vs Validity in Action Research
How is concern for quality different from concern for validity in conventional social science? Conventional science, and by extension, conventional social science ,are concerned with reproducability, validity and objectivity. As such, principles of rigor and falsifiability are important components of any research, which come from a 3d person point of view, where the researcher remains […]
Profitable ETF Trading techniques: Systems thinking for traders
The purpose of this article is to review some of the highlights of systems thinking. My focus will be on practical applications and rules of thumb, rather than trying to develop a scholarly article which would only be of interest to … well, scholars! I will make every effort to do you no intellectual harm, […]
Profitable ETF trading strategies: adapting to chaos
When you find yourself in conditions of chaos, you discover that your robust systems are beginning to break down. They no longer perform as designed, simply because the volatility is greater than the system boundaries and feedback mechanisms can account for or moderate. Slack, buffers, filters and boundaries all work to dampen waves of change. […]
Profitable ETF Trading Strategies: Understanding regional correllation
Based on our market classification scheme, there are 9 market states derived from 3 price momentum measures combined with 3 volatility measures. There is an important phenomenon related to the Bull-Sideways-Bear market states that can give you both insight into current conditions as well as a decisive market edge in risk management. The edge comes from […]
5 Things traders can learn from America’s greatest fighter pilot
COL John Boyd , USAF was a national treasure. One of the most gifted and effective fighter pilots of all time, he went on to revolutionize the way the armed services thought about command, control and combat effectiveness on the modern chaotic battlefield. He was instrumental in reforming the process by which the Department of […]
Reflections on Ray Ison’s work in Systems Thinking in Action Research
Ison, R. (2008). Systems Thinking and Practice for Action Research. In P. Reason & H. Bradbury (Eds.), The SAGE Handbook of Action Research: Participative Inquiry and Practice (Second ed.). London: Sage Publications., Ltd. My masters work is in systems management, and Ison’s work struck a chord with me as well. His mind map of the […]
Market turning up from intermediate bottom
KO, CLF performed well today from the Friday seminar example trade. AA hasn’t followed thru yet, which is an anomaly since materials had an excellent day; A ton of quality WO patterns on the daily screen; this may be the time to focus instead on broad mkt washout pattern and be ready to buy tomorrow’s […]
Profitable ETF Strategies: Market Valuations
The great Dr Brett Steenbarger writes: Based upon the replacement cost for assets of the S&P 500 companies, the index should be trading around 910 — roughly where it stands now. At historic market lows since 1920, however, indexes have tended to trade closer to somewhat above half their replacement cost. Our market classification tool […]
Markets testing intermediate term low: set up for a low risk trade here
the test of Friday’s low sets up an excellent, low risk short term trade here. We will look at it in the seminar tomorrow as a case study. The volatiltiy has been murderous on investing, and buy-and hold, but has been excellent for short term trading designed to capitalize on chaos and uncertainty