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Albertarocks

Albertarocks
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  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    Please accept my apologies for being tardy with the reply Wave Rider. Sure, you can email me at albertarocks@shaw.ca
    Aug 22 02:09 PM | 3 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    The article that gives Wave Rider's great analysis a lot more exposure, as it certainly deserves, is published now and can be found here:
    http://bit.ly/14bn2Y4

    John Lounsbury is also going to be publishing it later today. So Wave Rider, you'll be able to find your analysis somewhere on the front page of GEI sometime Sunday evening.
    http://econintersect.com
    Aug 18 05:14 PM | 4 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    About our Hinch... I have asked my nephew to inquire about whether or not Hinch ever owned an apartment in Hobart. So my nephew will ask Hinch directly, or will ask Hinch's wife. My nephew is slightly closer to them than I am, since they are his aunt and uncle. To me the Hinches are "sister of my sister-in-law". We'll know soon. Wouldn't that be one serious coincidence for the record books?
    Aug 16 11:42 PM | 3 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    Thanks for the additional data WR. Don't worry, nobody would go to the trouble to pick holes in your work. They're not such 'doubters' or 'debunkers' that they would go to the trouble. Generally speaking I find that people just appreciate the overall message and results of work like that. They'll find it interesting.

    About Hinch... I don't know if he owns (or 'owned') an apartment down there or not. But I know how to find out. I'll let you know when I do. His first name is Alan.

    Thanks again. I should get that article together before the weekend is over.
    Aug 16 11:12 PM | 3 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    Welcome Moon. I've admired your commentary for a long time but I believe this is your first comment in this room. Although I 'have' seen you interact in other places with some of the other participants here.

    Great comment as usual.
    Aug 16 02:35 PM | 3 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    Lol... we're not getting many 'like's for that exchange are we. Bunch of stuffed shirts around here, lol.
    Aug 16 12:20 PM | 4 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    Great visual DG... thanks. I had actually read a few months ago that that was the case but I forgot about it. The reason the author had pointed it out was because of the dispute that started brewing between Japan and China over one of the islands down there. He was pointing out that if anything nuclear were ever to develop between those two countries the global population would take quite a dent. An awful thought to even ponder, but it's worth noting, isn't it.
    Aug 16 12:18 PM | 4 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    OMG. LMAO, if that had really happened to me I wouldn't feel like an idiot for having gotten sucked in. Those are some of the most deceiving decoys I've ever seen.
    Aug 16 10:57 AM | 5 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    Good point about demographics. A whole lot could happen with human population in those 8 years. As I mentioned above, the deflationary scenario could last perhaps as long as a decade. But I hadn't thought about demographics when I said that... so your point is well taken... makes perfect sense to me.
    Aug 16 10:53 AM | 5 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    60% with cash? Holy mackerel... that's a stunner. I watched another episode recently (can't remember if it was on TV or the Internet) about the empty cities "still" being built in China. The realtor, an Englishman based somewhere in China, said they were building 12-24 new cities every year, and not a soul lives or works in any of them. Yet all the condos are sold. Paid for with "cash".

    Families have pooled 3 generations worth of savings into those condos because they are not allowed to invest their money outside China. So they have the opinion that they have no other investment choices that are anywhere near as "good" as to buy a condo in an empty city, with cash, and just sit on it as long as it's continuing to rise in value. And they "are" rising in value... and will possibly continue to do so until the Chinese power brokers pull "that" plug (money printing). Man, once that dam cracks those poor Chinese families are going to get wiped out. As the realtor said: "Millions of families are going to get wiped out by this".
    Aug 16 09:05 AM | 3 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    Cluster Phuc... I believe that's Taiwanese isn't it? Which reminds me of something:

    Two Thai girls approached me about a month ago and asked if I wanted to sleep with them. I was reluctant at first... I just had a bad feeling about that proposition. But they said "C'mon, it'll be like winning the lottery". So I did it. Turns out they were right, because much to my horror it turns out we had 6 matching balls.
    Aug 16 08:56 AM | 5 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    Hi Still Dazed. Thanks for your thoughts. I acknowledge that there is more inflation going on than I admitted to, but all in all, I consider it to be minuscule relative to the amount of money that is being printed in an effort to produce it. And it's spotty.

    I think that the deflation scenario will likely last considerably longer than most people envision. In my humble opinion, if it truly gains a foot hold... that's it... it should last for at least 4 years. Perhaps as long as a decade, but let's start with 4 years. After that... man, after that we could see the Dow at 100,000 with the inflation that should unleash once the deflation issue has truly and painfully been addressed. Either that, or we might even be seeing forms of currency in the future that don't even exist today. At the very least, I'm certain the Euro won't exist in it's current form.
    Aug 16 08:52 AM | 5 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    Well hello there Wave Rider. I remember chatting with you several years ago. Maybe 2-3 years ago? Could it have been that long ago? I think I mentioned that my sister-in-law's sister is married to a fellow from Hobart. His name is Hinch, one of the nicest guys I've ever met. A geologist, so his work was consulting in the oil business up here.

    Man, that's some outstanding work you did there. And definitely thinking kind of outside the box. Brilliant in fact. You certainly think like a true analyst because it's one thing to come up with a very insightful angle like you did, but then to go to work and compile all that data... that takes a lot of work. But it's worth it, isn't it. Those stats you provided are just so good. In fact, they're so good that I just got the brain wave to write an article on my own blog and basically copy and paste your comment above and present it as the main focus. Literally, your comment above would "become" the article. Can I have your permission to do that? You're comment isn't going to be read very much on this particular page here at SA, but on my own blog it would get at least 1000 reads per day for the first couple of weeks. You deserve that. With full credit to yourself of course and I would also explain that it was first published here on SA. In fact I'll even provide a link in that article which would bring readers back here if they want to see the original.

    I'm very busy these days with my son's business so I wouldn't be able to get to it until the weekend, but that's only 2 trading sessions away. Let me know if you'll let me do that, ok? Besides, your contribution is inspirational enough that I might finally get off my ass and publish some of the other 10 articles I have in draft form. Maybe I'll back up a step here... I'll publish at least one... yours, lol.

    It's great to hear from you again WR. And thanks so much for sharing that outstanding piece of work with the readers here. I'll tell you something else that I definitely find fascinating... I have many, many other friends who are technical analysts and I interact a lot with them on other blogs. There are two in particular, "Mars" and "DarkestKnight", both of whom are among the very best Elliott Wave theorists and practitioners I have ever come across. Both of them are Australians. And there are others who are very good too (Australians I mean). I swear, there must be something very enlightening that happens to the great people who live under the Southern Cross. I've been impressed with their technical ability for 5 years now.
    Aug 16 08:32 AM | 4 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    Hello David. Thanks for stopping in.

    Not "all" the funny money has gone into equities, that's for sure. But enough of it that 80% of all gains since the 2009 low could probably be attributed to POMO action and all other forms of QE and all it's 3 or 7 subsequent versions of QE. So of course some of those funds found their way into commodities, one of the bankers' favorite playgrounds.

    I'm not sure the housing price rebound is really all that's it's purported to be. I don't live in the USA so I'm not really on top of that topic. I 'do' know that the prices in Detroit aren't back up to the level they were in 1960 yet. But I also recognize that Detroit's story certainly isn't representative of the real estate picture throughout the US.

    But if the deflation genie has really and truly popped the lid off his bottle, then we haven't even begun to get as much as a sniff of what's coming. I'm not saying we're there yet... I just don't know. BUT... if he truly has escaped, then the bond market is pretty much doomed since nobody will be lending any money to anybody at these rates when the threat of default becomes the major talking point, probably for years to come. Interest rates would definitely climb but I have no idea how high. Suffice to say that if the rates were to simply jump from 3% to 5% half the countries in the world would go bankrupt. Take Japan's case for example: http://bit.ly/14JAIdv

    The general CPI numbers are government supplied numbers. Therefore there is no point in looking at those since they're totally fictitious. I hate to sound flippant about that, but the CPI numbers are about as real as the quantity of gold the major banks claim to hold. Just ask Germany about that one.
    Aug 15 10:45 PM | 6 Likes Like |Link to Comment
  • Hindenburg Omen - November 13, 2012 [View instapost]
    It's long overdue, but finally done. A new instapost dedicated to the HO can be found here:
    http://seekingalpha.co...
    Aug 15 08:45 PM | 3 Likes Like |Link to Comment
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