Quote from Rabbitone:
Murray,
One area I have been interested in the last few years is the international relationship of intermarket analysis. For example:
Libor Rates (e.g. overnight, 1 month) to NYSE Financial Index
Marine Shipping Index to Asia Index (e.g.CBOE China)
There are plenty of domestic relationships. But I have seen few international. If you are aware of any I would appreciate hearing about them.
Thank you,
P.S. In my 41st year of testing programs.
==========================Quote from gnome:
Being a 20+ year "trading the markets veteran", my view.... (A) intermarket analysis is bogus, and (b) if you consider ANYTHING except *price* in the market you seek to trade, you will hurt your overall performance.
Quote from murray t turtle:
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Excellant points;
& when I get paid by the word, tend not to be that brief[a,b,c-LOL] That's wisdom.
c] Notable exceptions include , for example when say [most]all the general markets are in a long term, medium term ,short term downtrend;
but grocery store/land buyers.... simply know some things others do not know . So shorts[bears] could get creamed there only considering price.....![]()
Quote from Murray Ruggiero:
I have intermarket systems I have developed and using the same parameters have been profitable for a decade or more. I even published these systems so I have proof they have worked without any changes.
Quote from Murray Ruggiero:
I understand your point and you are correct in some ways but not exactly. All intermarket relationships are not the same. Some are more reliable than others. Those will continue to work , but some short term ones might not. It's kind of like saying all systems don't work because a bunch of moving average ones failed.
The key is to understand why they stopped working. Here one example; if your using a given mutual fund as an intermarket and the manager changes and the fund stop working because it all of a sudden has 40% international chemical stocks for example instead of only 10% and 90% domestic, then that a valid reason and should not be used to evaluate intermarket analysis.
