Monday, May 25, 2009
Follow this link traders vs physician income
http://www.momdaytrader.com/blog/2009/05/10/day-traders-vs-physicians/
Saturday, May 23, 2009
Simple Strategy:When to Buy Stocks
When the S&P 500 Index is above its 45-week moving average, stocks compound at an astounding 11% annual rate. And when stocks are below it, they lose money at 6% per year.
Readers of this Blog know I remain long term bearish on the broad markets. I use IBD signals as confirmed by Dow Theory to generate buy sell signals. We remain in a bear market.
I urge any reader interested in economic cycles to read the work of Martin Armstrong (currently incarcerated) http://www.contrahour.com/ItsJustTimeMartinArmstrong.pdf
Thursday, May 21, 2009
New Upleg for PM Stocks and Gold
Friday, May 15, 2009
Deflation and Japanese experience--asset bubbles
"Although history never exactly repeats itself, I believe there are strong similarities about what happened in Japan and what could lay ahead for the United States. Driven by years of easy credit during the 1980s, the Japanese stock and housing market became a bubble - and everything changed when the bubble burst in 1990.
"One of the first lessons learned - or relearned, actually - is that when asset bubbles burst, there is nothing you can do to re-inflate them. But that's what every U.S. government plan is still trying to do - keep housing prices from falling. In doing so, all we are really doing is wasting trillions and trillions of dollars and digging ourselves into deeper financial hole.
"Another lesson learned from the Japanese experience is that plunging asset prices do not result in typical recession. The recessions are worse - sometimes far worse."
Campbells letter
"One of the first lessons learned - or relearned, actually - is that when asset bubbles burst, there is nothing you can do to re-inflate them. But that's what every U.S. government plan is still trying to do - keep housing prices from falling. In doing so, all we are really doing is wasting trillions and trillions of dollars and digging ourselves into deeper financial hole.
"Another lesson learned from the Japanese experience is that plunging asset prices do not result in typical recession. The recessions are worse - sometimes far worse."
Campbells letter
Thursday, May 14, 2009
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