for whom is it holding the cash , last i heard it had been the ( unofficially ) anointed fund-manager for the Fed ( or was it the Treasury )
translated for the masses .. high prices and limited cash/credit really puts pressure on demand and try and price the product to cover those costs"THE ONLY CURE FOR INFLATION is INFLATION"
for whom is it holding the cash , last i heard it had been the ( unofficially ) anointed fund-manager for the Fed ( or was it the Treasury )
AND Blackrock was busy buying up residential properties at a massive rate
if they mean OUR ( Blackrock's) personal war chest not the clients portfolio , that is less impressive
As our ASX 200 dropped below the 200 dma this week, heck it even did it for 5 consecutive days ( @Nick Radge ) all the Tech heads were bailing. But the Fundamentalists realised the economic Fundamentals didn't support the notion of a drop below 200dma indicating a Bear Market YET, so didn't panic.
@Joe Blow is this really a first-time poster, or someone taking on a second persona?
The Two Sides of Value
Traditional finance teaches that every asset can be valued on fundamental metrics alone: cash flows, earnings, capital structure, and sales growth are all that matter. But in reality, we know that isn't true. Fundamentals don't have a monopoly on valuations. Fundamentals are engaged in a perpetual game of tug-of-war with stories.
The story of what an asset "could be" plays a huge role in what investors are willing to pay for an asset. Steve Jobs understood the role of storytelling better than most. Elon Musk's storytelling has turned Tesla into the world's most valuable automaker while spending $0 on marketing. Bitcoin's entire value is largely predicated on stories, from an inflation hedge, to a foil for the villainous Federal Reserve, to the power of the almighty permission-less blockchain. The value that the market gives these stories determines the price that you will pay for these assets.
The thing is, fundamentals and stories are dynamic, not static.
Fundamentals and stories operate on a sliding scale. During periods of euphoria, stories reign supreme.
according to a Vanguard statement/disclosure sometime back , Vanguard lends shares to enhance unitholder returns , however i have seen no similar statement from BlackRock ( or State Street ) despite both quite obviously lending out selected shares as disclosed it changes of shareholding documentsDunno, I have watched them, along with Vanguard massively reducing their holdings in some of the participants of their ETF funds for a while now, so I have no idea who their clients are. Although if you read some of the company notices they were shorting some companies like crazy it is probably their own money, the shorting proceeds would not have gone to the mug punters who hold their index funds. Not for the likes of you or me to ever know.
HAA HAA HAA, hilarious. I have no desire to be shot down without cash!CASH ? No Cash Here
I already spotted the Big Buck and charted it somewhere. I am not going to re-do the chart, I will just shove the same one here. I did a potential swing trade calc just for fun.WAKE UP! My Dear 1ss Mate Braveheart
interesting , however i see the writer falls into the US investing bias , where capital gains is king , now that may be compelling in the US tax structure ( before inflation starts into a full run )I enjoyed this article today, I have no idea who he is or his credentials other than he is not an old fart. Here is a small sample, more here....
Price Anchoring and Broken Stories
Ahoy.
As our ASX 200 dropped below the 200 dma this week, heck it even did it for 5 consecutive days ( @Nick Radge ) all the Tech heads were bailing. But the Fundamentalists realised the economic Fundamentals didn't support the notion of a drop below 200dma indicating a Bear Market YET, so didn't panic.
As the dear Captain wishes to challenge someone, I'd personally like to see him take on @tech/a or a Fundamentalist (Economist) like @over9k . I'd suspect Over9k might wipe the floor with him though.
What I am saying is that Any Piece of FA distorts your reading of the ChartsI'm not going to wade through the whole thread, just say my thoughts.
I don't think it should be TA Vs FA, rather TA and FA.
Works for me.
Data is data, whether TA or FA.
The 2 are married in a natural way, in my opinion, and statistics and probability play a part on both endeavours.
Without detailed analysis, my thoughts are, a weighting of around 60% TA to 40% FA sounds about the right mix.
Charts change, depthsounders prove this.
So much of AU depends on china, and china's under quite a few lockdowns at the moment (their vaccine is **** and they won't use the western ones). Not going to see a great deal of action here until the lockdowns etc are lifted.Ahoy.
As our ASX 200 dropped below the 200 dma this week, heck it even did it for 5 consecutive days ( @Nick Radge ) all the Tech heads were bailing. But the Fundamentalists realised the economic Fundamentals didn't support the notion of a drop below 200dma indicating a Bear Market YET, so didn't panic.
As the dear Captain wishes to challenge someone, I'd personally like to see him take on @tech/a or a Fundamentalist (Economist) like @over9k . I'd suspect Over9k might wipe the floor with him though.
(Some of these Tech heads sound like rummy Sailors at times, bit of RSI from playing with their ADX or ROC too much. )
From 11 years old until 18 years old he says he tried to use charts. I could imagine a youngster would never have the patience to hand draw charts as there were no charting programmes back 70 odd years ago. I agree with him about doing post mortems, they are an essential part of my trading.This video is interesting, Warren Buffett talks about how he spent years working on Technical Analysis in the first 8 years as an investor, but it wasn’t until he started fundamental analysis that his fortunes really took off.
actually back all those decades ago , the BIG danger would be stale data to base those charts on ,From 11 years old until 18 years old he says he tried to use charts. I could imagine a youngster would never have the patience to hand draw charts as there were no charting programmes back 70 odd years ago. I agree with him about doing post mortems, they are an essential part of my trading.
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