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jimkane
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I decided to split off my postings of economic links from Jim's Thoughts, so that I can get that topic back to what it was intended to be, a place for me to post trading ideas and thoughts I had that I felt could be of interest to the readers.

This topic is where I will post links to various economic articles, for those that find them interesting. If you want to read (or post) articles about the unfolding debaucle, this is the place to look. If you are a short-term daytrader or swing trader and have zero interest in the economy, you can now just read Jim's Thoughts and not have to wade through this type of dicussion.

At best I think this material only has a direct effect on longer-term plays, the bigger swings that make up the major legs of the bull and bear markets. I follow this stuff for that reason, and because I want to have a handle on things, if that is even possible in this era of lies and deception, so that I can make decisions on life issues.

For example, as I posted in the commentary on the website and discussed with many people well in advance, this was something that wasn't hard to see coming. I saw many people who told me as late as Oct 2007 that 'this thing is about to 'break out' to the upside, and that Dow 20,000, and then much higher, was 'just around the corner' '. The type of articles I am posting discuss the type of information that helped me form the viewpoints I had back then.

If this is far from over, as I suspect, we are in a similar postion now as back then. With the rally that is unfolding right now the talk is the bull is back, the bottom is in, and we are set. I'm not so sure. So, I try to weigh up all the factors and not get too sucked in by the hype. To that end, I will post things here I find interesting.
JI
jimkane
Rep: 3,058
Posts: 33,089
JI
jimkane
Rep: 3,058
Posts: 33,089
If the market is going to fall this has to happen, the DX has to break to the upside, in my opinion. If the market continues to rise strongly, the DX would need to break down.

http://www.zerohedge.com/article/us-dollar-telling-us-deflation-back-town
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jimkane
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Posts: 33,089
As much as this makes sense, and in a 'free' market it may actually play out, I just don't see anything but up forever. Look at that Israel chart I posted the link for. But, nonetheless, I'm still alert and aware of this leverage and low cash reserves for mutual funds, and ready in case logic prevails...

http://www.zerohedge.com/article/market-perfectly-set-another-2008-crisis
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jimkane
Rep: 3,058
Posts: 33,089
JI
jimkane
Rep: 3,058
Posts: 33,089
I knew that rally was something epic. Turns out it was the sharpest rally since 1644! You read that right, not 1944, 1-6-44!

http://www.zerohedge.com/article/guest-post-sharpest-rally-1644
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jimkane
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I do have to say, as much as I like other work by this author, many commenters called into question if his research was accurate. Perhaps it is not. Nonetheless, that was one heck of a government manipulated ramp, I'll say that.
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jimkane
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And then what if the deflationists (like The Automatic Earth) are right:

http://patrick.net/forum/?p=838204
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jimkane
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JI
jimkane
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http://www.zerohedge.com/article/hang-there-baby

And I like this comment:

http://www.zerohedge.com/article/hang-there-baby#comment-1445182
JI
jimkane
Rep: 3,058
Posts: 33,089
JI
jimkane
Rep: 3,058
Posts: 33,089
I forgot, I do have another hero to go with Ron Paul and David Stockman, and that's Nigel Farage. Here's his latest:

http://www.zerohedge.com/news/2013-04-17/farage-unleashed-you-are-common-criminals