Krypto got off the couch to check her market model at the request of a commentor. She sees that with a further pullback overseas (or dollar strength), that a weak buy signal for both European and Emerging Markets stocks could be generated. Nothing else is close.
She's climbing back onto the couch to snooze. Good doggy, here's a treat.
Word of the Day
"Nugatory" - adjective [$10]
Nugatory means 1. futile, trifling, worthless; 2. inoperative, not valid.
Sentence: Program trading and high frequency trading by computers has rendered most old technical indicators, such as various market volume and advance-decline numbers, nugatory. How can one use actions of computers to infer human decision? Obviously no way, no how.
About Me
- Bunkerman
- I have a pioneer mentality. My wife & I live in the woods - neighbors aren't visible except slightly in winter. Our "bunker" - hehe, really a fine home & barn - has plenty of security. We have four dogs: Krypto (age 9, Kelpie), Ava (age 13, Rat Terrier), Sky (Kelpie, age 5) and Lucky Star (age 1, kelpie). I don't take crap from anyone anymore, having enough resources & gear stocked up to survive in any circumstance. I have three degrees from Harvard including a Ph. D. in a physical science, and an MS in Management from MIT. I worked as an investment banker for about 25 years, mainly in secured finance, at three major Wall Street firms and for the last 17 years with my partners at our own firm. I'm semi-retired now, managing some private corporations and business interests and doing my own trading & investing. This is not to boast, but to give you an idea I know a little about some subjects from experience. The photo is my 1943 M16 half-track which I am restoring. These armored vehicles were ubiquitous in the US Army in World War II and Korea. It's driveable.
10 comments:
http://www.goldalert.com/2011/05/zimbabwe-seeks-gold-standard-says-u-s-dollars-days-are-numbered/
Zimbabwe’s central bank chief, Dr. Gideon Gono, urged that the nation return to a gold standard and said that the U.S. dollar’s days as the world’s reserve currency are numbered.
let it fall my ass
Bman does DE CAT MMM charts indicate to you a china crash landing ???
if chinese economy slows down big time.......what happens here ??
PS...........what does your dog think ???
roflmao ... reduced to quoting Zimbabwe
I'd call that defeat.
:))
I believe I posted a few months ago that the commodity-emerging market-China theme was topping.
Krypto saw it and acted accordingly.
Krypto thinks China is due for consolidation; they has a lot of restructuring to do as the yuan rises & dollar falls; they has to shift from real estate building, etc. to domestic consumer demand.
As for a crash, I suppose that would be a sector by sector call.
I don't see US being hurt by a China slowdown. As they restructure & buy more US stuff/services US wil benefit.
that was my whole F'ng point Bman!!!!!.............zimbabwe now takin shots at the greenback..........look how the dollar is looked at around the world..........the worlds most corrupt and incompetent govt doesn't want the greenabck anymore
what happened to your brain Bman ?????
let it fall my ass
uh Bud ... comments from a nation with no modern economy or currency don't even qualify as satire.
Sort of like asking a Commie about the stock market valuation.
after a wonderful 14% run on PPL with a 5.7% div....heres ur next buy low sell high grouping...MAR,OMX,X,F,DAL
merci beaucoup, Sun Boy.
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