SP500 and Gravity.

by George on February 8, 2010

It seems that the S&P 500 does not obey the laws of gravity. What goes up must come down. I believe we will see the SPY around $88.00-$90.00 sometime in the near future (3-6 months).

SPY ETF 2010

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On The Road Again…The Future of Gold

January 22, 2010

We are on the road to high priced gold and under priced derivatives. The same thrust will be apparent in all financial derivatives. Further, we are on the road to a fully “cash settled” contract market for gold; here in the US and abroad. In the time ahead, just before serious real price inflation rears [...]

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Charting Failure: Looking Back on The Financial Meltdown

January 5, 2010

This article is all about failure. I don’t really know where to begin with these charts. They pretty much speak for themselves. I have annotated them slightly to demonstrate that there are some interesting correlations between who specifically failed and who specifically got bailed out. When you begin to look at these charts as a [...]

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Chinese Tell It How It Truly Is

December 19, 2009

“The United States cannot force foreign governments to increase their holdings of Treasuries,” Zhu said, according to an audio recording of his remarks. “Double the holdings? It is definitely impossible.”

From Shanghai Daily

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A Perfect Reason to Sell GLD and Buy Real Physical Bullion

December 15, 2009

Why would you ever invest in the GLD etf when it has this written in its prospectus:
Gold bars allocated to the Trust in connection with the creation of a Basket may not meet the London Good Delivery Standards and, if a Basket is issued against such gold, the Trust may suffer a loss. Neither the [...]

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An Illustrated Guide to Tim Geithner’s Strong Dollar Policy

November 11, 2009

The Wall Street Journal wrote up an article today with the following headline: Geithner Affirms Strong Dollar Policy
I almost choked on my drink when I read this. I could not believe that this guy is out there pulling the same stunt in front of the same people yet again. Honestly, how dumb do these bankers [...]

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Goldman Sachs Lord’s Prayer

November 10, 2009

Courtesy of Jane Wells’ column @ CNBC
The Lloyd’s Prayer
Our Chairman,
Who Art At Goldman,
Blankfein Be Thy Name.
The Rally’s Come.
God’s Work Be Done,
We Have No Fear Of Correction.
Give Us This Day Our Daily Gains,
And Bankrupt Our Nearest Competitors,
Just As You Taught Lehman And Bear A Lesson.
And Bring Us Not Under Indictment.
For Thine Is The Treasury,
The House And [...]

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Five Steps To Help You Make Consistent Trading Profits in Any Market

November 10, 2009

Have Great Strategies, and Even Greater Risk Management
These five steps will help you achieve consistent profits in any market. It doesn’t matter if the market is trending up, down, or sideways. All you need to do is keep these steps in mind.

Know Your Market
Analyze Your Outcomes
Plan Your Trade
Trade your Plan
Protect Your Profits

Step One: Know [...]

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Technical Analysis of Home Prices

November 5, 2009

I wrote this back on August 26th, 2006 on an old blog of mine and it’s quite relevant today:
Roughly twelve years ago, my parents built a house in Arizona. The cost of building the house (3,500 sq. ft.) was approximately $250,000.00 (Remember, this was in 1994/1995) The same house is worth roughly $840,000 (in 2006) [...]

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Top Ten Rules For Successful Trading

November 1, 2009

I believe that it is imperative to be disciplined when trading. You should never lose sight of your ultimate goal, which is consistent profits. The most reckless traders ignore disciplined trading and they also avoid having any kinds of rules. They chase momentum, trade on a whim, double-down, so on so forth. I have made [...]

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