Wed 26 Nov 2008
A View of the Markets II
Posted by ray under Market Commentaries
Today we continue with the series. Yesterday, I showed how I use fundamentals to provide a context. But, it’s technicals that determine the details - they provide with the timing, entry, stop etc for an analysis or trade.
I’ll start the series with the indices and in particular with the Australian ASX 200. Enjoy the video!
http://www.tradingsuccess.com/
You will need to copy and paste to your browser - for some reason the separate window is not popping up. In addition, the sound quality of the video is less than optimal - the volume is unstable.
Bookmark to:
November 26th, 2008 at 9:22 pm
Hi Ray, thanks for the video analysis.I’m looking at a buy around the 4000 area,i have a filter about there and if it gets thru,my previous stats show it can go a bit further. Very interesting comment about which market is following which.I watch the Dow & SP 500 as this i find affects the night market here in Oz. But the best laid plans of mice and men…i bought some cheese. cheers baz
November 26th, 2008 at 9:30 pm
Ray
To add to your video, here is one from CNBC:
World’s Biggest Hedge Fund - US Govt.
http://www.cnbc.com/id/15840232?video=940030225
November 26th, 2008 at 9:39 pm
OK Baz. Good luck.
November 26th, 2008 at 10:23 pm
Hi Ray, please disregard the 4000 figure,i am looking at 3800,different chart.It was nearly there today,so tonight i am just looking to see which way it goes. By the way,is there a sequel to the Adventures of Young Ray? cheers baz
November 27th, 2008 at 12:00 am
Hi Baz
Ok. As far as a sequel is concerned, only if you want to hear about Old Ray and that will have to wait for someone other than I to write it.
November 27th, 2008 at 1:52 am
Your not that old! Maybe Sub-Prime Ray:)
November 27th, 2008 at 8:08 am
IDkit aka Ana has left a new comment on the post “Sustaining Innovation: Perspectives From Andrew H…”:
http://traderfeed.blogspot.com/2008/11/sustaining-innovation-perspectives-from.html
Brett
In a nutshell, we have to combine the right brain with the left brain to sustain innovation.
A first module course combining the Arts with the Sciences in tertiary institutions would lay this foundation for inventiveness and sustain innovations.
Quote
Leaders in modern organizations attempting to pursue
innovation must recognize that success won’t
come through the individual pursuit of invention. As
the science fiction author William Gibson once said,
“The future is already here, it’s just unevenly distributed.”
The firms that best exploit their innovation
networks will shape that future.
By idkit on Nov 27, 2008
http://awanginvest.com/?p=947#comment-7239
November 27th, 2008 at 8:56 am
In response to comment by Russell:
IDkit aka Ana has left a new comment on the post “Sustaining Innovation: Perspectives From Andrew H…”:
Brett
As to how your post fits in with your thinking, as well as mine is this:
1. If there is no sharing of knowledge, there will be no passing of the baton , so to speak, to successors who in turn pass on and share their knowledge , for posterity to improve on.
2.Imperial old China is a classic case in point. China invented many scientific papers on , eg printing, the compass, gunpowder, etc. However due to close and selfish pursuits of the Mandarins, their knowledge died with them and the nation instead of progressing, regressed over the centuries, while the Western scientists published their papers for posterity to share and the West progressed ahead of the old China.
The new China has now opened its door to the the world and see what miracles have emerged, with China now at the brink of overtaking the biggest economic power in the world!
3. Being a loner trader, which I am one, does not preclude writing and sharing at forums or weblogs to participate and learn from each other.
Humans cannot live by bread alone ; we need social interaction to have a healthy attitude in life, my thinking.