tag:blogger.com,1999:blog-32841798.post106455901004711649..comments2024-03-28T09:55:42.123+00:00Comments on Capitalists@Work: Does the FTSE still offfer value at 5800+?CityUnslickerhttp://www.blogger.com/profile/15929544047783163175noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-32841798.post-15119499467814779602012-08-20T11:03:05.997+01:002012-08-20T11:03:05.997+01:00CU, I do not understand how you read the charts in...CU, I do not understand how you read the charts indicating a possible bullish near term (6 months?) outcome? To me it looks simply like the cycles becoming more frequent.<br /><br />With the unique effect of eurozone crisis this autumn, (banking union/constitutions overthrown, anyone) on top of the more mundane uselessness of Cameron, all I can see is that "whirr dumed".<br /><br />Budgienoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-58869482710612419222012-08-20T09:53:19.630+01:002012-08-20T09:53:19.630+01:00Sackerson - thanksf or the Ritholz link, Barry has...Sackerson - thanksf or the Ritholz link, Barry has become a very good writer indeed.<br /><br />Agree re chartism and its faults, but I like to review all possible angles and this is one of them. Chartism is terrible when events kick-in, but it is good for looking at overall trends when news volumes are low, like now..CityUnslickerhttps://www.blogger.com/profile/15929544047783163175noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-35880978177130271452012-08-20T05:01:18.809+01:002012-08-20T05:01:18.809+01:00my simple model that compares gilts and equities s...my simple model that compares gilts and equities says current prices are not out of step but anyone who relies on charts alone should have a look at one of the turkey/Christmas charts <br />andrewhttps://www.blogger.com/profile/07311993288675111834noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-12252979790346797882012-08-19T16:43:02.637+01:002012-08-19T16:43:02.637+01:00I'm beginning to think that chartism will have...I'm beginning to think that chartism will have to factor-in the increasing degree of financial inequality. I've tried line-drawing myself but we could be compatring apples with oranges.<br /><br />Barry Ritholz has just written about the diappearance of the middle-class investor:<br /><br />http://www.washingtonpost.com/business/where-has-the-retail-investor-gone/2012/08/17/9a915eee-e7cf-11e1-936a-b801f1abab19_story.html<br /><br />... and I recently speculated on the large cash element currently in the world's portfolio:<br /><br />http://theylaughedatnoah.blogspot.co.uk/2012/08/is-there-enough-cash-to-support-markets.html<br /><br />David Malone suspects that banks are stockpiling cash in a starvation contest so they can swoop down on failing competitors, in which case the old merger'n'acquisition game is on:<br /><br />http://www.golemxiv.co.uk/2012/08/a-waiting-game/?utm_source=rss&utm_medium=rss&utm_campaign=a-waiting-game<br /><br />Like your previous commenter, my feeling is that the system is becoming increasingly unstable. There will be spectacular winners, but they don't yet know who they are, themselves.Sackersonhttps://www.blogger.com/profile/17284329249862764601noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-48046898202173369132012-08-19T13:59:27.064+01:002012-08-19T13:59:27.064+01:00Almost purely (or impurely) instinctive, but I thi...Almost purely (or impurely) instinctive, but I think something has to break soon.Demetriushttps://www.blogger.com/profile/17198549581667363991noreply@blogger.com