Monthly Archives: May 2012

Bombarded by sensible, rational, honest bloggers …. thank goodness

Two examples of reasonable, rational, sensible blogs today: 1. All the subscribers to the housing Armageddon theories, just look at the data – the US housing market is beginning to recover http://soberlook.com/2012/05/us-housing-market-is-beginning-to.html Hoards of angry bloggers keep spewing the same … Continue reading

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EUR/CHF intervention?

Looks like the SNB buys Eur/Chf to defend the 1.2 level. Although: The rumor that the Swiss government may impose a tax on Swiss franc-denominated deposits has gotten the EUR/CHF cross off the floor at last. http://www.forexlive.com/blog/2012/05/24/who-woulda-thunk-it-2/ Nice sharp move. … Continue reading

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Calvin Harris ft. Ne-Yo: Let’s Go (the Tape Reading Song!)

Calvin Harris ft. Ne-Yo: Let’s Go “it’s not about what you’ve done it’s about what you doing it’s all about where you going no matter where you’ve been” Tape Reading song! http://www.youtube.com/watch?v=LYZ6gXWZfZM

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What makes price move? Here’s one factor (actually two).

What is it that moves price? Well, there is no “it”, it’s a complex phenomenon. But this post is going to, eventually, get to making at least one point (actually two) about what moves price. I say eventually, because in … Continue reading

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Quit yer whinin’ – things are MUCH better than the figures show

One of my biases/weaknesses is a lack of tolerance for whiners (referred to as whingers here in Australia). This whining is manifested in many ways; in the field of trading/economics/finance it is constantly present. For example, think of the ‘Government … Continue reading

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China’s capital outflow problem is the real ticking time-bomb for markets.

Haven’t seen this mentioned much at all, but it could become a focus very quickly indeed. Important read: Why China’s RMB exodus IS the story http://ftalphaville.ft.com/blog/2012/05/16/1002681/why-chinas-rmb-exodus-is-the-story/ Wondering if this is why the ES has been persistently weak the past weeks … Continue reading

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Probabilities favour a bounce. But I’m just going with the flow ATM.

Just a real quick post. I’m reading many, many sources (good ones) pointing out how ‘oversold’ (for want of a better word, I hate that one) many markets are. Many mkts being >2 or 3 std devs. below their average. … Continue reading

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