Archive for March, 2011

  • The concept of the "follow through day" (FTD) was introduced by William O'Neil in his book, "How to Make Money in Stocks" (HTMSS). Its purpose is to increase confidence in when a market correction has run its course. If a FTD occurs shortly after a downward trend reversal, then the likelihood that the upward trend will continue is supposed to be enhanced. Conversely, if a FTD does not occur, then the rally is supposedly more likely to fail.

    Are Follow Through Days a Reliable Indicator of Downward Trend Reversal?

    The concept of the "follow through day" (FTD) was introduced by William O'Neil in his book, "How to Make Money in Stocks" (HTMSS). Its purpose is to increase confidence in when a market correction has run its course. If a FTD occurs shortly after a downward trend reversal, then the likelihood that the upward trend will continue is supposed to be enhanced. Conversely, if a FTD does not occur, then the rally is supposedly more likely to fail.

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  • So not only have accounting standards been compromised, with the end result being almost useless financial reporting, but it also means there are dozens of billion dollar companies (!!!), and the only thing keeping them afloat is extremely questionable accounting practice!

    The Day The Standards Died

    So not only have accounting standards been compromised, with the end result being almost useless financial reporting, but it also means there are dozens of billion dollar companies (!!!), and the only thing keeping them afloat is extremely questionable accounting practice!

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  • Things are getting real ugly out there. The tension in the air is dense and sweaty. Everyone feels it, but not enough people proactively discuss it. The economy has already imploded, and is now reinflated with volatile hydrogen like fiat, just waiting for the right spark to bring the whole zeppelin crashing down in flames. Japan’s situation is a prime example of the incredible sensitivity now present in the so called global economy.

    The Return Of Precious Metals And Sound Money

    Things are getting real ugly out there. The tension in the air is dense and sweaty. Everyone feels it, but not enough people proactively discuss it. The economy has already imploded, and is now reinflated with volatile hydrogen like fiat, just waiting for the right spark to bring the whole zeppelin crashing down in flames. Japan’s situation is a prime example of the incredible sensitivity now present in the so called global economy.

    Continue Reading...

  • Not only does debt have to be repaid, but interest must be paid on it every year. The governments, local, state and federal, levy taxes. There is a limit how high taxes can go as people will stop working at productive jobs if their take home pay shrinks to the point where they do not feel compensated for their effort.

    Borrowed Money?

    Not only does debt have to be repaid, but interest must be paid on it every year. The governments, local, state and federal, levy taxes. There is a limit how high taxes can go as people will stop working at productive jobs if their take home pay shrinks to the point where they do not feel compensated for their effort.

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  • We believe much of it stems from a widely held misconception that gold is forming a financial bubble. It’s a fairly straightforward view – that gold buyers are merely foolhardy speculators buying on a whim with no rationale other than to sell to the ‘greater fool’ at higher prices in the future. It’s a view that assumes that gold has no intrinsic value and is simply a speculative asset that has captured investors’ imaginations.

    Eric Sprott Debunks The Gold Bubble Myth

    We believe much of it stems from a widely held misconception that gold is forming a financial bubble. It’s a fairly straightforward view – that gold buyers are merely foolhardy speculators buying on a whim with no rationale other than to sell to the ‘greater fool’ at higher prices in the future. It’s a view that assumes that gold has no intrinsic value and is simply a speculative asset that has captured investors’ imaginations.

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  • Apa anda rasa, bila saham yang anda baru jual dengan keuntungan 10%, berdasarakan kaedah jual/beli saham yang telah anda pelajari selama ini, naik semula dengan drastiknya hingga mencecah 50% daripada harga yang anda beli? Anda rasa nak hentak je kepala kat dinding bukan? Anda rasa anda kurang cerdik menjual dengan keuntungan 10% berbanding keuntungan 50% yang anda "rasa" anda patut dapat? Anda mula ragu-ragu dan menyoal semula kaedah jual/beli saham yang anda pelajari sejak sekian lama itu. Anda rasa ada sesuatu yang tak kena dengan formula tersebut.

    Analisa Saham – RAMUNIA (Nov 2010 – Jan 2011)

    Apa anda rasa, bila saham yang anda baru jual dengan keuntungan 10%, berdasarakan kaedah jual/beli saham yang telah anda pelajari selama ini, naik semula dengan drastiknya hingga mencecah 50% daripada harga yang anda beli? Anda rasa nak hentak je kepala kat dinding bukan? Anda rasa anda kurang cerdik menjual dengan keuntungan 10% berbanding keuntungan 50% yang anda "rasa" anda patut dapat? Anda mula ragu-ragu dan menyoal semula kaedah jual/beli saham yang anda pelajari sejak sekian lama itu. Anda rasa ada sesuatu yang tak kena dengan formula tersebut.

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  • Having a fee-based investment professional handling your portfolio will get you as close as possible to receiving advice that is based on nothing but the advisor's best knowledge and evaluation of the market. They advise only what they consider top performing funds since sales commission is not a consideration and does not create any conflict of interest for them.

    Prospering with Mutual Funds: How anyone can “Afford” an Investment Advisor

    Having a fee-based investment professional handling your portfolio will get you as close as possible to receiving advice that is based on nothing but the advisor's best knowledge and evaluation of the market. They advise only what they consider top performing funds since sales commission is not a consideration and does not create any conflict of interest for them.

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  • Be careful of financial planners, but a good one who charges only a fee will be easier to find than a broker. Some are CFPs, Certified Financial Planners. That doesn’t mean they know how to make money. Most have the same training as brokers – all bad. You definitely don’t want one with ties to any financial organization or brokerage company.

    Changing Brokers/Financial Planners

    Be careful of financial planners, but a good one who charges only a fee will be easier to find than a broker. Some are CFPs, Certified Financial Planners. That doesn’t mean they know how to make money. Most have the same training as brokers – all bad. You definitely don’t want one with ties to any financial organization or brokerage company.

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  • He also made a second interesting observation. In his research department, he often preferred analysts without a business background. His reasoning was that those who know nothing about the market have more respect for it. The analyst who’s under the illusion that he’s got everything figured out is the worst researcher out there.

    The only true wisdom is knowing that you know nothing

    He also made a second interesting observation. In his research department, he often preferred analysts without a business background. His reasoning was that those who know nothing about the market have more respect for it. The analyst who’s under the illusion that he’s got everything figured out is the worst researcher out there.

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  • Now here’s the fun part. Let’s say fund managers as a group realize that bonds, equities, and real estate have become poor or risky investments and so decide to increase their allocation to the gold market. If they doubled their exposure to gold and gold stocks – which would still represent only 0.6% of their total assets – it would amount to $93.3 billion in new purchases.

    The Driver for Gold You’re Not Watching

    Now here’s the fun part. Let’s say fund managers as a group realize that bonds, equities, and real estate have become poor or risky investments and so decide to increase their allocation to the gold market. If they doubled their exposure to gold and gold stocks – which would still represent only 0.6% of their total assets – it would amount to $93.3 billion in new purchases.

    Continue Reading...