Monthly Archives: June 2012

Oil price fall –> petrol (gasoline) price fall –> good for the economy

This post is going to be in serious danger of turning into a rant. I’m gonna have to be calm and controlled. When oil prices were climbing I was persistently lamenting the impact this was going to have on the … Continue reading

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Traders Psychological Profile test: Are you cut out to be a day trader?

I’m not really into these things, but I know plenty of people find some use for them. A few of the psychological tests re trading/investment that are around on the web: http://www.thepatternsite.com/Psychology.html Trading Psychology: Types of Traders Trader qualities. Do … Continue reading

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Ray Dalio chapter in The Alpha Masters book – full text

Huge thanks to the Market Folly blog for getting permission to post Chapter 1 of The Alpha Masters book. Chpt 1 is entitled: The Global Macro Maven: Ray Dalio, Bridgewater Associates and can be read &/or downloaded from the Market … Continue reading

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Bespoke: Not a Short Covering Rally / Just a Short Covering Rally? Compare & contrast :-)

Article today from the Bespoke website I found interesting: Not a Short Covering Rally Monday, June 11, 2012 at 03:12PM The average S&P 500 stocks is up 3% since the close on June 1st. Typically during bounces during an overall … Continue reading

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Speaking of sentiment

How’s this for a guide to sentiment … tweet on my stream: If $ES_F closes on or near a low today going to be an ugly daily candle Here’s the thing – this was tweeted before the market had even … Continue reading

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Australia Economic Boom

That booming sound y’all are hearing is the Australian economy. GDP +4.3%, highest since Sept. 2007. Funny how all you hear are the naysayers and the headless chooks, and yet the place is in the best shape in the developed … Continue reading

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How to use sentiment indicators

I once knew someone who referred to sentimental songs as ‘semimental’ songs. LOL. So, sentiment indicators. Pretty popular. Get quoted a lot (especially over the last 2 weeks or so). None of the sources I read say that because sentiment … Continue reading

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