Technical Analysis 103 - laughing buddha

You’ve learnt the basics – now it’s time to move onto the hard stuff. Just like in ancient Thailand, the Buddha may be laughing but no-one else will be – UNLESS you heed the warning.

 

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.

 

 

 

who wants to be a trillionaire?

 

The rumour that George can only have 2 beers at a time are greatly exxagerated

 

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

 

Fancy a trip?