Professor Roubini is the new “it” guy for economists, a pretty interesting character. he says the following, which is full of win. The government finds itself in the position of trying to coax people back into the same behaviors that they were engaged in before, so that all the people who earned their livelihood on supporting […]
Category: Markets
How can a trader be short term bullish in such a bear market?
Ready, Fire, Aim for chaotic markets
this picture and concept map reflects our emerging trading technique for chaotic markets, affectionately called, Ready-Fire-Aim which takes measured action within a framework of understanding, with finetuning for position sizing once we are in the trade and it begins to unfold
Framing the market condition to support trades in either direction
There is ample evidence to support both long and short side here. Follow the logic to see why i am very willing here to be long intraday, but am prepared to quickly reverse and go short on evidence of resumption of weakness. I believe this kind of market outlook will allow you to trade with […]
Washout pattern strategy
A short term trading strategy that is robust in bear market conditions
Democratic Party Dilemma: Rock meet hard place
Consider the dilemma of the Democratic Party: Do they support a couple hundred thousand aging UAW workers that vote reliably and are tied economically to the GM retirement and healthcare plan? or do they support the thousands of young voters recently attracted to the party who will be the source of funding for any GM, F […]
Automakers next in line for bailouts
Having relinquished the moral high ground by bailing out preferred insiders in the investment banks, the Goldman Sachs administration and President Paulson now have to decide who shall be the winners and losers in the auto industry next. The functional argument is that if you dont bail us out with public money, we will go […]
A short term trading strategy for chaotic markets
today’s intraday trades in EEV, the double leveraged inverse emerging markets ETF are instructive in the kinds of short term trades that are working in this volatile, chaotic market. That is to say: short time frames, with low risk trades framed in the most volatile indices. I currently favor EEV because it is very volatile […]
Market Health Check: Nov 1, 2008 “At a crossroads”
Alice: “Would you tell me please, which way I ought to go from here?” The Cheshire Cat: “ That depends a good deal on where you want to go” 1. I’d like you to take a look at the “Market Health Check” chart below to take a look at the annotations this week concerning a […]
Sensible economic policy measures
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 […]