Markets

Jan 04, 2004 at 00:00

A wave three is usually the fastest section of an impulsive movement. The move from 1982 is the third wave in a sequence starting in 1950. During the last 22…

Jan 03, 2004 at 00:00

The market has not taken time off since the November low and is overbought by any short term definition. The chart below shows a trend line drawn across the S&P…

Jan 03, 2004 at 00:00

Investors assumed that stocks would rise forever, and bid up the price of stocks right up until March of 2000. Once again, investors assume that stocks will rise again, as…

Jan 02, 2004 at 00:00

As for 2003, the debt issuance and market return numbers speak for themselves. Global markets experienced history's greatest liquidity surge and reflation. Asset inflation - both real and financial -…

Jan 02, 2004 at 00:00

While judgment takes years to learn, and can continue to increase indefinitely until we die and cease studying and playing the markets, a speculator still must maintain faith in his…

Jan 02, 2004 at 00:00

Global activity data has kept surprising on the upside for months, and there has even developed speculation that unexpectedly strong global economic growth may fuel considerably higher inflation rates. Commodity…

Jan 01, 2004 at 00:00

The past year also saw the bottom of the 12-year cycle, which is absolutely dominant! This includes the 4-year Presidential Cycle, so with this major cycle bottom in late 2002…

Dec 31, 2003 at 00:00

The rise since 5/30/03 is probably either the beginning of a deviation from the post 4/28/78 path which will eventually invalidate the pairing, or more of the greater amplitudes demonstrated…

Dec 31, 2003 at 00:00

The pattern of fund buying of gold through the last quarter of 2003 and before, has perplexed many. So many times the funds have shown a capricious nature, rushing in,…

Dec 30, 2003 at 00:00

And then there's the Fed, and Alan Greenspan, who is the head of the most powerful central bank in the world, if measured by the numbers of dollars it has…