Trader’s Narrative

Forex isn’t really my forte but I’m going to take a crack at commenting on these currency predictions for 2008.
Making any outright prediction is a fool’s errand but since these are tongue-in-cheek - sort of - lets cut them some slack. Here is my take on some of the more interesting prognostications:
Yen
I’m really not […]

I’ve been yammering on about market bottoms, bullish indicators and contrarian sentiment and other similar ideas for some time. The only thing I haven’t done is reach through the monitor and slap you around till you get some long exposure
Today money flowed into advancing stocks to a staggering degree. As measured by volume, […]

I’ve known for some time that I have a slight astigmatism but since I wasn’t particularly excited about wearing glasses I kept ignoring it. I finally gave in and got a pair recently. For frames, I chose Ray Ban titaniums because they are light and as inconspicuous as possible.
Any reluctance I had evaporated the instant […]

The bond market and the stock market are intimately intertwined. But how exactly they influence each other is often complex. The dynamic nature of their relationship makes it even more difficult to read the market’s tea leaves. As soon as you think you’ve figured them out, the interplay among them changes and the game starts […]

As promised in last week’s sentiment overview, here is the information and chart on the position of the retail futures traders (known as small speculators).
The most recent Commitments of Traders report covers the position of futures market participants as of last Tuesday (February 5th, 2008) and it shows that on aggregate, the small speculators are […]