Looks like the 12,26,9 PMO could be a secondary confirmation
indicator around those whipsaws. But one would have to
optimize the signal line to find the best PMO calcuations.
Are you referring here to Fib time retracements? If you
follow that, I just heard a very interesting presentation by
newsletter writer, Stan Harley. He is also predicting a top
in the market here.
For the last 15 years, the lowest cost currency of choice to
short has been the Yen. However, over the last few weeks, the
dollar has become the cheapest as the 3‐month LIBOR has fallen
below the Yen.
Therefore, the fall in the $USD could be because of
short‐selling. The dollar is now within 5% of its record low,
making a leveraged trader more cautious about shorting.
With the dollar being the world’s reserve currency and the basis
of so many commodities, a short‐covering rally could develop in the
dollar as too many players don’t want it to fall too
precipitously.
Conspiracy thought for fun: Does the IMF’s sale of gold suggest
support for the dollar?
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Looks like the 12,26,9 PMO
BPSPX Renko observation
Posted by dsomes on 24th of Mar 2020 at 10:16 am
Looks like the 12,26,9 PMO could be a secondary confirmation indicator around those whipsaws. But one would have to optimize the signal line to find the best PMO calcuations.
Possible defaults in their CLO
What's with OXLCO?
Posted by dsomes on 18th of Mar 2020 at 12:00 pm
Possible defaults in their CLO portfolio.
That's amazing! Glad to see
Pictures Steve sent me from Vegas so far
Posted by dsomes on 15th of Nov 2018 at 04:11 pm
That's amazing! Glad to see they have lots of snacks at that cannabis conference.
Is there a "like" button on this blog?
Important: Applies to Successful Trading/Investing (or any endeavor)
Posted by dsomes on 21st of Aug 2016 at 04:40 pm
S&P PE
P/E ratios
Posted by dsomes on 20th of Jun 2012 at 06:15 pm
Go to www.multpl.com- It shows the PE ratio, price and divident yield going back to 1871.
Profunds has a fund: AFBIX
jund bonds
Posted by dsomes on 20th of Oct 2010 at 06:17 pm
Profunds has a fund: AFBIX (Access Flex Bear High Yield Investor).
Your great dane looks just like mine!
ZZZtgifzzzz
Posted by dsomes on 9th of Jul 2010 at 04:50 pm
The photo is from a few months ago. We got him in Texas. How old is your Dane?
Time cycles
this hardly seems like a post apocalyptic market....
Posted by dsomes on 13th of Nov 2009 at 02:09 pm
Steve,
Are you referring here to Fib time retracements? If you follow that, I just heard a very interesting presentation by newsletter writer, Stan Harley. He is also predicting a top in the market here.
Carry Trade Thoughts
What is the YEN telling us right now?
Posted by dsomes on 29th of Sep 2009 at 06:01 pm
For the last 15 years, the lowest cost currency of choice to short has been the Yen. However, over the last few weeks, the dollar has become the cheapest as the 3‐month LIBOR has fallen below the Yen.
Therefore, the fall in the $USD could be because of short‐selling. The dollar is now within 5% of its record low, making a leveraged trader more cautious about shorting.
With the dollar being the world’s reserve currency and the basis of so many commodities, a short‐covering rally could develop in the dollar as too many players don’t want it to fall too precipitously.
Conspiracy thought for fun: Does the IMF’s sale of gold suggest support for the dollar?