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Markets

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Technical Market Report

May 08, 2005 at 00:00

We use breadth indicators to reveal subtleties invisible in the price charts. After last week there are no subtleties. The question to be answered is: Did the sharp rise in…

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Debt and the Delusionals

May 08, 2005 at 00:00

A favorite book of mine remains 'Debt and Delusion' by Peter Warburton, published in 1999, the book was quickly ushered out of print; but remains a classic 'Financial Reality Bites'…

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A Stable Disequilibrium

May 07, 2005 at 00:00

In the past few months I have written at length about what is loosely known as Bretton Woods 2. In order to understand the problems facing the world you must…

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Micro vs. Macro Look at the Economy - Are You Listening?

May 07, 2005 at 00:00

The Fed - Micro vs. Macro Vision? - What was that statement revision all about? After the markets reacted negatively to the Fed's rate hike announcement on Tuesday, the Fed…

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Hooked on "The Hand"

May 06, 2005 at 00:00

It is inadvisable to have one man singularly reign over monetary policy-making for 18 years. It is potentially disastrous when this individual is an ardent ideologue. And one of the…

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Gold - The Weekly Global Perspective

May 07, 2005 at 00:00

Last week we said "The government itself keep indicating that when and only when they are ready will they revalue the Yuan. This could be a long time still. So,…

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Stop Using Stops: Trading with Elliott Wave Analysis

May 07, 2005 at 00:00

Bob Prechter has done a lot of thinking about how to trade successfully. One startling conclusion he's come to: traders should often avoid using stops. Here's why: If you analyze…

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Are Inflation Pressures Under Control?

May 07, 2005 at 00:00

Inflation has been a major topic of obsession in the mainstream investment press of late. In fact, you'd have to bury your head in the sand just to avoid hearing…

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One More Fling to the Upside?

May 07, 2005 at 00:00

In its own odd way the year has played out largely as expected. Years ending in 5 have universally been up years since the Dow Jones Industrials (and its predecessors)…

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SPX Volatility Trends

May 06, 2005 at 00:00

Volatility, the magnitude of daily price moves, is like a core pulse underneath the stock markets. Volatility trends considered over time can offer important clues as to when markets are…