Transitory Inflation???

I think of technical analysis more as evaluating the market sentiment rather than the future. Many indicators such as even a simple daily candlestick can give indications as to how the market views the current value of a stock or commodity. Not so much in d$$ in the future, but rather if it is acting bullish or bearish trend. Most indicators are similar. Only fools and analysts tend to put it is $$ values rather than trends.If you can improve your investment history from 50% to 60%, you can become very happy, but one has to understand what a technical asset is showing before one can use it to improve their success ratio.

Many brokerages offer a paper-trade account, so one can practice looking at various techniques. TDAmeritrade has a fantastic array of information and technical indicators. IMO.

Jim

 

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My favorite technical analysis "tool" is a one year weekly price/volume chart, pencil and ruler. Then you have to learn how to draw two straight lines. One for the trend, and another for the support level in the event the trend line is broken. I'm amazed when I look at charts with lines all over the place [especially into the future], and equally amazed that some authors who publish articles on technical analysis apparently do not know how to draw a proper trend line.

 

I've been thinking of getting involved in another type of investing then pm's...but also I don't know if the $2,000 I have is enough to bother with or even in what direction to be looking at? I'd like to get into some sort of non permanent commodity like corn,wheat,sugar, bascially anything that people need to live (food and other consumables) also been thinking of some sort of investment into other currencies...one big question I got is simply Is there some sort of etf of pool account like the one on kitco.com that you can buy in and sell out without any kind of fees?

 

http://finance.yahoo.com/quotes/rji+rjz+rjn+rja+fxe+fxa+fxy+fxc+fxf+fxb+fxs

Here are some ideas. There are many similar etf and etn choices.

 

ANOVA is a statistical analysis of Variance program from the larger statistics knowledge base. I used it for three years after I discovered that markets rose 75% of the time on Tuesdays. It dropped to 50 % On Wednesday, and less on ALL OTHER DAYS. After those three wonderful years, I was sitting at home in my PJ's congratulating myself, and Prudential Securities called. They said that I was to be restricted from weekly trades because they felt I was engaging in market timing. I informed him that I was a novice, this was a hobby, and took exception; I didn't have the resources to contact enough insiders to get the skinny he was referring to. I then went on to explain my rules: never trade on Jan 1, or on a triple witching day, or on heavy options maturities days, and a few other days I hold here in reserve. I then explained Analysis of Variance to him, how to plug Dow numbers in, which Sullivan reports to watch (Bloomberg before it was stripped of relevance by the sale of the Dow), and what days to be in or out. I asked what triggered my contact, and he said $25,000 trades more than once a month. I then limited all trades to 24,000, and they went away. If you want to know when others make money most of the time in a bull: Tuesdays. Stay away from holidays, ends of year reporting (unless it's Nova Gold) and be in on Monday night. Then out Tuesday evening. Ss far as inflation is concerned, it's as simple as the Chines and Asia have more money folks. One day they will have to spend their dollars, and guess where? It is cycle stuff, markets, and were eating third world crow. They did for a hundred years while we built our factories. Now it's our turn. Gold and silver will fail and fall, but they will recover. That's when the despair will set in here, because all which will remain for us then is charity of other stronger national currencies. But did I mention Nova Gold? Good for you readers. See and awe at the magnitude of US purchasing power once their holdings come to fruition.