Markets

Oct 13, 2004 at 00:00

The Turkish government never planned for a currency with so many noughts; inflation caused through too much Turkish Lira printing forced this upon them! Last year the exchange rate was…

Oct 13, 2004 at 00:00

The September 30 "Investors and traders could continue lightening positions into rallies." was appropriate. But considering that the slump into the usual seasonal strength into the turn-of-the-month removed one opportunity,…

Oct 13, 2004 at 00:00

Years ago there was a controversy with respect to a game show where the host offers you the opportunity to win what is behind one of three doors. Typically there…

Oct 13, 2004 at 00:00

I remain negative on the broad market. I suspect that the cyclical bull market that began in 2002 ended this year, and the market will trend down into 2006. In…

Oct 13, 2004 at 00:00

Oddly enough, I've been cheering on a "Marxist Dictator" of late. Not that I'm a no good pinko commie red mind you... no, but I am rooting for Hugo Chavez…

Oct 11, 2004 at 00:00

Last week was a large disappointment for the bulls. The index broke to new highs, and broke above the obvious trendline. Wednesday closed on the high and Thursday closed on…

Oct 12, 2004 at 00:00

Interestingly, a Dow Theory non-confirmation with the Transports leading and Industrials lagging is quite unusual as most non-confirmations see the Transports fall behind first. We have to go back to…

Oct 12, 2004 at 00:00

The silver-gold ratio may become increasingly more significant, as we are near the end of credit inflation and fiat money becoming a less important measure of precious metals' intrinsic worth.…

Oct 12, 2004 at 00:00

The pulp fiction of the market rise masks a rising indebtedness and an increasingly fatigued US Consumer, one of two engines of demand and growth we're focused on. Employment, about…

Oct 11, 2004 at 00:00

For those of us who have been waiting for someone, somewhere to rein in Fannie Mae which we saw as an out of control monster that was distorting the US…