Thu 27 Nov 2008
A View of the Markets III
Posted by ray under Market Commentaries
Today I am looking at US Stock Market. Here’s the link.
Thu 27 Nov 2008
Posted by ray under Market Commentaries
Today I am looking at US Stock Market. Here’s the link.
November 27th, 2008 at 8:34 pm
Happy Thanksgiving, All
Cross: http://awanginvest.com/?p=949
Also sharing U-tube recordings:
Stuart McPhee’s Interview with Ray Barros
http://awanginvest.com/?p=942#comment-7248
You can catch our mentor in the Bernie Show, Bloomberg:
Fri Nov 28 -7.50am HK time
Click VIDEO when link opens up;
www.bloomberg.com/apps/news?pid=newsarchive&sid=aErEKzPl13TY
November 30th, 2008 at 11:41 pm
thanks Ray as always.
appreciate the analysis you have done for all.
1 question.
On the dow is there any particular reason you have chosen the Log chart?
December 1st, 2008 at 5:47 am
Hi Chew
I chose a log chart because we are comparing moves from 1932 to date. Hence comparing moves arithmetically would not produce any meaningful results.
December 1st, 2008 at 7:18 am
Hi Ray-san
Thankyou.
On the S&P analysis you called the Oct recent low ‘a spring or a 313′….
Am I old school in thinking that a 313 requires developement in the next lower timeframe, not just a spike low?
If you have the time/inclination an overview of the US30 year bonds would be appreciated.
It has an upthrust (albeit >20%) out of a large SW pattern, and is now doing developement in a lower timeframe, ie daily inside bars. If this is a 313 it fits the inflation scenario in my mind.
It could also be a new IPM….fits deflation scenario?
ANyway, your thoughts wouuld be welcome.
Regards
Stuart
December 1st, 2008 at 7:25 am
Hi Stuart
You are right. Strictly speaking the price action is a RePo. But I try to steer clear of finer distinctions for the the blog.
Will do 30 yr tomorrow.