15
Jul
2008
You have to love Jim Rogers and the interviews he gives Bloomberg. He’s a wise man that comes across as a cranky at times but we should listen carefully to what he has to say.
“I don’t know where these guys get the audacity to take our money, taxpayer money, and buy stock in Fannie [...]
01
Jul
2008
Although I’m still on vacation, I had to pop in and check on what the markets are doing. Stepping away from the markets is a great way to change your perspective and hopefully see any traps I might be stumbling into.
Gold has finally started getting active again, probably because of all this Iran attack talk. [...]
14
Apr
2008
Posted by Tom as Futures
Late last week I was working on a Genetic Algorithmic model and analyzed the current state of the market with it. I wasn’t surprised at all when I found that Gold, not necessarily oil, is the major driving force of the sentiment of the market right now. It doesn’t matter how steep or flat the [...]
04
Apr
2008
Posted by Tom as Futures, Neural Nets, Trends
This is good news, my Timing Model volatility indicator is actually dropping. It peaked at 2.9 on 3/17 and has steadily dropped to 1.79 as of yesterday’s close. This confirms my cautious belief that the market has bottomed but we’re not out of the woods yet. Everything hinges on what Gold prices [...]
24
Mar
2008
I know this is so last week but you have to admire how quickly Gold broke down. The chart reveals that it broke through its 50 DMA within in two trading sessions and could even head lower from here. A lot of people think the top in Gold has happened and I probably [...]