Saturday 28 August 2010

Long Term Investment Strategy - a critical update





















In August's On the Money post I outlined in broad terms a strategy which, if a century of data can be trusted, should allow anyone serious about their pension or investments to build up a very handsome return over time.







Monday 23 August 2010

STOCKS: Hindenburg's catalogue of carnage















I thought it would be worthwhile looking back at the history of this much-mocked stock market indicator, since we now have at least two sightings of the Hindenburg Omen (and possibly three, depending on your definition of the rules) in the past two weeks, as well as several near-misses over the past few months.




For anyone who missed the recent media feeding frenzy and who has not yet caught my previous post, the Omen is a peculiar set of conditions which when found together seem to indicate a market on the verge of a nervous breakdown...  







Thursday 19 August 2010

GOLD: Two-faced Goldman signals inflection point








Goldman caught red-highlighted...page 1
A few months ago, Goldman Sachs found itself in the headlines and subject to a major government investigation for the crime of, not to put it too politely, screwing its own clients.





It was found, during the dying days of the mortgage boom in 2007, to have encouraged a number of buyers of its mortgage-backed securities to invest in a bond which it knew another of its clients had constructed and designed specifically to crash and burn...




Monday 16 August 2010

UK PROPERTY: Selling stampede signals market top









The gradual tiptoeing of sellers into the market which started a few months ago has become a stampede.




Sensing the turning of the tide, homeowners who had held out for a return to the fantasy values of 2007 are now deciding to cash in their chips as the economy begins to wobble...



Sunday 15 August 2010

STOCKS: Hindenburg Omen confirms dire outlook - crash possible










Last Thursday, a little understood but much commented-upon technical signal known as the Hindenburg Omen appeared, hovering gloomily over market sentiment.  This rare sighting - it has popped up a couple of dozen times in the last quarter century - had financial news reporters all over the world quite agog.   Why?  Its record of alerting investors to major declines and market crashes is frighteningly good...






Thursday 12 August 2010

STOCKS: The market breakdown has begun












No sooner did I submit my previous post than stocks jumped off a cliff and began a graceful swan dive. The S&P500 lost 2.8%, the FTSE100 2.4%...







Tuesday 10 August 2010

STOCKS: The rally is almost done





The disconcertingly clear-sighted and belligerent Robin Griffiths, Cazenove Capital's star technical strategist, believes the rally from July has peaked - and with it, the great market rebound which started a year and a half ago.  




Here he makes his bearish call - and takes down a bullish fellow panellist with the relish of a country gentleman murdering a shot of Remy Martin after a particularly good hunt...






Sunday 1 August 2010

THE QUICK AND THE DEAD






T H E    Q U I C K    A N D    T H E    D E A D

______o0o______


I N   T H I S   T O W N ,  
Y O U ' R E   E I T H E R   O N E   
O R   T H E   O T H E R



When it comes to investment decisions, are you Gene Hackman or Leonardo di Caprio? Are you a swashbuckling risk-taker, or a cautious, hard-bitten wallet-warrior?  Are you quick - or are you dead?