Tuesday, 27 May 2008

Financial word of the day: Pantherflation

“It’s like regular inflation only it sneaks up on you and bites your head off.”

 

This word was first coined by a man who owns one blue and one red flip flop, so it’s unlikely to enter common parlance for some time.

 

 

 

Thursday, 8 May 2008

When two worlds collide

A faithful reader (well, actually a friend that is questioning my sanity) has asked whether the “abandoned baby” is stronger than the “inverted bat”. Since they are both very powerful trends that move in opposite directions, anticipating the outcome is crucial to the direction of the market.

 

If the two trends attempt to reinforce themselves at the same time, then we may end up with the “abandoned bat” or, much worse, the “inverted baby”. Otherwise, the bat wins every time. Have you ever tried to fight a baby?

 

Technical Analysis 102 - the abandoned baby

 

Wednesday, 12 March 2008

Spitzer Roasting

Sometimes, things just seem so easy that it’s not even worth bothering. This is one of those times.

I will say though that $4,500 per hour is the most damning evidence that I have seen of inflation running out of control.