Recent content by faure

Okay let me put it another way, the building of a bridge is real production in the sense that something real is created, right? A bridge has been built but at the same time the cement factory has made cement, the steel company has manufactured steel, orders for machinery have to be placed at the...

Keynes' concept of the multiplier is the crux of the whole theory. Take a closer look at it before you decide the market solves everything.

You're basically saying that free-market capitalism leads huge inequality and communism leads to stagnant & inefficient economies. Am I right? You alluded that it might be argued here is a place for government. I think government might not be the best solution. Institution & structure might...

What a bogus thread! Regulation didn't promote the irresponsible business practices of banks; they took on a huge amount of risk all on their own. If anything banks to be even more limited on the amount of risk they're allowed to take. Or should we let the free market do it's worst and hand...

All I'm doing is buying the support. It's got nothing to do with channels. 1.0300 is just an initial target.

long usdcad at 1.0235; stops @ 1.0215 & 1.0200. getting out above 1.0300

Regardless about what you believe about how markets work, it is mathematically foolish to go for 5-10 pip winners when you're paying 2 or 3 pips on a trade. 20-60% of your winners get eaten by costs and then you still have to pay when you lose aswell. Trading shorter time frames is...

The Fed lowers rates and everyone bitches about how stupid Bernake is for bailing out greedy investment banks and ignoring the huge inflation problem. Trichet raises rates and people bitch about how he's killing the economy and how it won't make a difference to headline inflation. Give me a...

Ask Al Gore.

The focus is however on the final momo index which was put together after thursday's close. In two sessions it is up 2.92%. Longs The Mosaic Company -0.38 Lindsay Corporation 1.05 ABB Ltd (ADR) -1.71 Central European Distribution 1.34 Auxilium Pharmaceuticals, Inc. 0.06 MasterCard...

The original index is up 16.26 percent since lunch last wednesday. Longs Alpha Natural Resources, Inc. 1.75 Continental Resources, Inc. 1.09 Ener1, Inc. -0.49 Gran Tierra Energy Inc. -1.97 Mechel OAO (ADR) -3.1 Pyramid Oil Company 79.79 Questcor Pharmaceuticals, Inc. -3 The Mosaic...

Denial is a dangerous response when you're wrong. Just admit it you were wrong - being up by 1 point on the SnP when all the other markets were down, not to mention your poor call on shorting oil stocks.

Here is the final Momo Index, it will be updated periodically. Longs The Mosaic Company MOS 151.25 Lindsay Corporation LNN 98.85 ABB Ltd (ADR) ABB 31.06 Central European Distribution CEDC 71.84 Auxilium Pharmaceuticals, Inc. AUXL 34.87 MasterCard Incorporated MA 292.6 Canadian Solar...

I've thought about it and I think a 25%/5 stock max and a 5%/1 stock min from any one sector is a good idea. The sectors are: BASIC MATERIALS CAPITAL GOODS CONGLOMERATES CONSUMER (CYC & NON-CYC) ENERGY FINANCIAL HEALTHCARE SERVICES TECHNOLOGY TRANSPORT UTILITIES

Thanks but I'm going to try and stay away from any subjective analysis and keep it very strict and clear from a rules based point of view.