5 Reasons Why the Market Is About to Change Direction [View article]
This article was clearly written prior to the breakout on Wednesday/Thursday. And while it needs confirmation since volume was light, the author looks like he's leaning the wrong way.
Is it only me? I get angry when a technician starts talking fundamentals. Two fundamentalists can have vastly different opinions but the best technicians are deaf, dumb and blind to the news around them. Everyone these days is climbing a wall of worry and it's easy to get bearish looking at the headlines. But a chart is a compilation of all opinions and ultimately rules - at least in the short term.
The Inflation / Deflation Debate and China's Commodity Carry Trade [View article]
Chinese inflation coming? Gimme a break! The demand increases you cited from autos, housing, etc. has been manufactured by the government granting massive incentives. What the gov giveth can be just as easily taken away.
When the Chinese economy moves again on free market forces wake me up.
5 Reasons Why the Market Is About to Change Direction [View article]
Is it only me? I get angry when a technician starts talking fundamentals. Two fundamentalists can have vastly different opinions but the best technicians are deaf, dumb and blind to the news around them. Everyone these days is climbing a wall of worry and it's easy to get bearish looking at the headlines. But a chart is a compilation of all opinions and ultimately rules - at least in the short term.
The Inflation / Deflation Debate and China's Commodity Carry Trade [View article]
When the Chinese economy moves again on free market forces wake me up.