I think it would be an interesting project to write a book similar to Market Wizards, but instead write a book on Market Phonies. Does anybody have the contact info of Mr. Schwager? I would like to contact him to see if he's interested on this project.
:D
http://www.amazon.com/Quantitative-Strategies-Achieving-McGraw-Hill-Investing/dp/0071549846/ref=sr_1_1?ie=UTF8&s=books&qid=1306335747&sr=8-1
Quant based balance sheet strategies don't rely on price. Portfolio or asset allocation can be solely based on fundamental metrics.
lol..you're hilarious. First you start with time-series, market internals and intermarket analysis as drivers for analysis which are heavily skewed to technical analysis.
Originally what you had implied is that any market decision is dependent on prior price action accompanied by current...
It's his trading journal. He can post whatever he wants.
On a different note, you could try to lead by example and start your own journal by posting your trades and running balance. Now, how about that?
Sorry to ask...but do you have a life outside of bashing surf on this board?
Ok..ok...surf is not the greatest trader in the world and like everyone else he has his flaws. But can you just tone down your attacks and make some contribution to the forum other than the constant bashing?
Sheeesh.
Yellen's latest speech was pretty clear that the "extended period" language will remain as long as inflaction expectations remain anchored. Her belief is that the current rise in commodity prices is a temporary event and that it is now reaching a peak.
But most importantly...the Fed has left...
That's true...but why do you care how surf trades or parts way with his money? After all his losses should be your gains, right?
It boggles my mind on how people care to comment or argue how flawed his style of trading is...but bottom line...it is his choice of how he spends or blows his money.
Actually your article disproves your argument, and I quote:
"The reason is people adjusted accordingly meaning small cars, small buses, efficient machines less consumption but more traveling done with less gas."
Turkish people were able to adjust due to the higher economic output in their...
The truth is that the majority of pundits I have seen on the media (the so called "experts") talking on the Middle East issue have been dead wrong. The initial consensus was that the crisis was going to be confined to Egypt.
So this gentleman's forecast of $220 is just as good as a monkey...