Archive - Dec 2010 - Blog entry

Retail traders are notoriously wrong at picking market direction/tops and bottoms. Most retail traders very naturally seem to adopt a counter-trend stance and this offers very accurate signals for individuals looking to trade against this group. This daily report is designed to help traders focus their efforts on higher probability pairs.

The Art of Bankmail etc..

It seems a lot of people get stressed out during the holiday season. They torture themselves trying to figure out if the Santa Claus rally will continue. Don't worry, Santa will keep buying them dips long after Christmas is over...

For those who still don't get it ...

Who's the next biggest culprit of them all?

Just an update for those interested to see the change in market expectations of Fed Funds rates implied by treasury spots and forwards Pre-QE2 versus Post-QE2.

Of course, there are many critics of the Fed who say the second round of quantitative easing is wrong and even harmful. "The failure of QE2 doesn't worry me. It's the success that worries me," says Vitaliy Katsenelson of Investment Management Associates.

A few things on my mind.

Every banksta down on Wall Street Liked CDOs a lot...--
But the Grinch, who lived in a Greenwich trailer, Did NOT!

What happened to American companies that paid solid wages and provided employees with solid pensions? Oh well, at least public sector pensions continue paying out nice benefits...for now.

The chairman of the Joint Chiefs blows the whistle on a suggested faux casus belli.

Fears America is "turning Japanese" have been rampant ever since our real estate
bubble burst.

Just as Japan's policymakers were unable to stave off deflation after their
credit bubble burst in 1989, despite their best efforts, conventional wisdom
holds that all of Ben Bernanke's "reflation" policies will ultimately be
overwhelmed by deleveraging and debt destruction.

Speaking of China AND job growth, one industry that's booming in China is: Day Trading! That's right, as many as 10,000 people in China are doing speculative day trading of American stocks, according to the NY Times. They have been hired (ie. outsourced) by our own Banksters to mess with our markets from 9:30 pm to 4 am China time.

Ben may regret this one day, soon..

Much of Microsoft's new tech is simply best of breed and undeniably cutting edge. It is amazing they don't get more sell side recognition for it. Whether the sell side recognizes it or not though, Windows is likely the future of computing - just as it has been the past.