Archive for August, 2011

  • Technical Analysis & The Importance of Simplicity
    Posted by on August 31st, 2011 at 2:47 pm, Comments: 1 comment

    Simple statements are to be prized more highly than less simple ones because they tell us more; because their empirical content is greater; and because [...]

  • Comparing Gold’s Move to The NASDAQ circa 1990-2000
    Posted by on August 27th, 2011 at 10:34 pm, Comments: 2 comments

    This chart comes to you from Serge Farra and was posted on the excellent Slope of Hope Blog. It compares the NASDAQ ($QQQ) from 1990-2000 [...]

  • Clouds so swift The rains fallin’ in…
    Posted by on August 27th, 2011 at 7:03 am, Comments: No comments yet

    Clouds so swift The rains fallin’ in Gonna see a movie called Gunga Din Pick up your money Pull up your tent McGuinn. You ain’t [...]

  • Do not Sell Insurance and Buy Home Depot
    Posted by on August 26th, 2011 at 9:56 am, Comments: 1 comment

    I am hearing hurricane trades everywhere and I do not like them here so please make it stop. I remember the days when this was [...]

  • Talking Gold On CNBC Today
    Posted by on August 24th, 2011 at 4:04 pm, Comments: No comments yet

    I did a spot on CNBC earlier today with Herb, Brian and Mandy and we discussed the recent selling in gold ($GLD) from technical, global [...]

  • 20 Year SP500 Fibonacci Analysis
    Posted by on August 22nd, 2011 at 11:32 pm, Comments: 1 comment

      This video below filmed by @newsagg is a wonderful analysis of Fibonacci ratios drawn on a 20 year chart of the SP500 ($SPX, $SPY). The [...]

  • Adios Gold, Next…
    Posted by on August 22nd, 2011 at 2:16 pm, Comments: 3 comments

    As of this weekend, I am no longer long $GLD which was by far my largest position for a long time. I held this and [...]

  • Automation, Employment and Kurt Vonnegut
    Posted by on August 21st, 2011 at 10:01 am, Comments: No comments yet

    Remember the days Greenspan would trumpet productivity improvements brought on by the internet as a key factor in maintaining benign inflation during economic expansion? It [...]

  • 10 Signs of a Gold Top
    Posted by on August 20th, 2011 at 10:18 am, Comments: 1 comment

    After throwing water on the reliability claims that magazine covers predict major market inflections, I figured I would provide some signs to keep an eye [...]

  • Our Leaders Have No Idea What To Do Here
    Posted by on August 19th, 2011 at 1:57 pm, Comments: 1 comment

    The wise man learns from the mistakes of others, the average man learns from his own mistakes and the fool never learns. – Levin’s Mom [...]