Going to post a new thread here, which i will try to keep updated.
Too much valuable information is lost through multiple threads.
Too much valuable information is lost through multiple threads.
Interesting Stuff About Shares
- Thread starter Intrinsic_Value
- Start date
http://www.businessspectator.com.au...odyrich/0.74A!OpenElement&FieldElemFormat=gif
i dont know if this link will work. i tried to copy and save the 'picture in the link' but my computer wont let me.
Anyway this is a long term support line for the ASX going back to 1989.
Now i am not a trader, but i do find such pieces of information interesting as i am a believer in the 'gravitational support of the mean' (or regression to the mean in traditional talk) when it comes to long term investing.
Especially as it removes the 'pyschological' impact of investment returns. For those who dont believe in the Efficient Market Hypothesis, movements in returns can be characteristed by the change in market pyschology towards an asset class (ie is the asset class 'popular' or 'unpopular'.)
Right now that long term support line is where the market is at the moment. The base of the support line is after the 1987 stock market crash which is good.
Start of a bear market to current market.
i dont know if this link will work. i tried to copy and save the 'picture in the link' but my computer wont let me.
Anyway this is a long term support line for the ASX going back to 1989.
Now i am not a trader, but i do find such pieces of information interesting as i am a believer in the 'gravitational support of the mean' (or regression to the mean in traditional talk) when it comes to long term investing.
Especially as it removes the 'pyschological' impact of investment returns. For those who dont believe in the Efficient Market Hypothesis, movements in returns can be characteristed by the change in market pyschology towards an asset class (ie is the asset class 'popular' or 'unpopular'.)
Right now that long term support line is where the market is at the moment. The base of the support line is after the 1987 stock market crash which is good.
Start of a bear market to current market.
a good interview with Kerr Neilson from Platinum Asset Management:
http://www.businessspectator.com.au...tent=25415&utm_campaign=kgb&modapt=commentary
http://www.businessspectator.com.au...tent=25415&utm_campaign=kgb&modapt=commentary
Attachments
good point Aaron, maybe it will turn out like this.
However i dont think so. The 'mania' phase is characterised by heavy public participation.
Listening to 'your money your call' on sky business over the last couple of years, most of the questions possed to the panel concerned resource stocks, and many of them on the specy side of things.
Here you go...
thanks for that, plus some other text to make 100 characters
good new article by Howard Marks:
Deja Vu all over again:
http://www.oaktreecapital.com/MemoTree/Déjà Vu All Over Again 03_19_12.pdf
Deja Vu all over again:
http://www.oaktreecapital.com/MemoTree/Déjà Vu All Over Again 03_19_12.pdf
Funny as its gone now when I visited
Bumped it back in below for historical purposes
Attachments
I can see a common theme with the Perth median house price
You know the market has run its course when a property forum starts getting interested in shares.
I posted this article on Twitter a couple of days ago. It seems the worst performing hedge funds in the US have started buying stocks...
http://www.bloomberg.com/news/2012-03-25/hedge-funds-capitulating-buy-most-stocks-since-2010.html
http://www.bloomberg.com/news/2012-03-25/hedge-funds-capitulating-buy-most-stocks-since-2010.html
At 4300?........................
funny - because if you look at mining shares in the US, they're INSANELY good value at present because no-one is buying them.
considering that market is 100x more liquid than ours, thats food for thought.
you know it's the time to buy property when....
Right now over the easter long weekend, I can see that the asx is taking a breather. There is a dip in the uptrend of the past two months. The two big miners bhp and rio particularly seem to be a buying opportunity. Other big players on asx 20 seem to have paused but not as dramatically. I suspect that there is further upside to the market later this year.
