I was gone for a while. I was writing and testing new systems (I wrote or improved about 12 stock trading systems). They run the gamut of short-term, long-term, trend following, and counter-trend systems. I also read upon the work of John Ehlers and began implementing some of his stuff (I sound like Doc Rivers). I am very busy with finishing the MBA and I have to admit that it has been challenging. I am carrying 12 credits during the summer. I read a book called “Where are the Customer’s Yachts” and will discuss some jewels I gleamed on the text about stock market psychology.
Over the last 6 months I gained exotic knowledge about the international markets, in particular the link between sovereign debt and the world indexes. I will be writing in the future about the PIIGS (Portugal, Italy, Ireland, Greece, and Spain). Many analysts feel that Greece will default on their debt in the near future. Spain was already bailed out by China. Any debt default will spread malaise to other markets, even if unrelated. I feel that the Asian contagion of 1997 could be repeated. I will be watching closely.
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The Dow Jones just took a dive the other day (May 23) due to fears that the European debt crisis was worsening…
I look forward to hearing your insight on stock market psychology derived from that book, “Where are the Customer’s Yachts” you recently read. That must be hard taking 12 credits over the summer for your MBA.
Good to have you back! I’ve been only reading to your blog for a couple of moths but found it incredibly insightful. I guess I learned more about the stock market techniques (and secrets) here in those two moths than in all 5 years of school.
Speaking about “Where are the Customer’s Yachts” that I also read and found rather provocative, I would love to read about your opinion about it. Good luck and keep up the great work
Hi there,
Thanks for a great blog with many interesting posts!
Best Regards
Classier Corn
Welcome back. Good luck with your MBA & I’m looking forward to your upcoming posts.
i m also a student of MBA please can you help me regarding stock market i have some concepts not cleared can you help me regarding this???? thanx
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Thanks.
The PIGS have been factored in the stock market prices for a while. The EU will print more money and bail out Greece and Portugal. It is good when you own the money printing presses and the guns too.
I got exotic knowledge about the international markets. very interesting!!!
It’s so nice from you to share some of your techniques and secrets with your readers.
Thank you for your insight. I am interested to see what you have to say after you see the PIIGS and how they affect the rest of the world, too.