tag:blogger.com,1999:blog-6839599187534986560.post6148770731911317863..comments2023-10-31T11:45:19.266-04:00Comments on J-Trader's Market Analysis: Unhealthy...JTS stays short. J-Traderhttp://www.blogger.com/profile/15961748425161624017noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-6839599187534986560.post-32639269841622138562013-08-17T06:03:04.097-04:002013-08-17T06:03:04.097-04:00One-year chart of the exchange rate relative to th...One-year chart of the exchange rate relative to the dollar: http://finance.yahoo.com/echarts?s=USDBRL%3DX+Interactive#symbol=;range=1y;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined; David Johnsonhttps://www.blogger.com/profile/17619547951113023430noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-60379131347420760112013-08-17T05:59:54.519-04:002013-08-17T05:59:54.519-04:00Sorry, my internet was down. The country is Brazil...Sorry, my internet was down. The country is Brazil. And Nitin makes an excellent point. During the past 52 wks, the exchange rate fluctuated 23%. A savings account paying 6%/year could have lost 17% during that time in relation to the dollar. On the other hand, the exchange rate sometimes moves in one's favor, so it's unknowable, thus a high risk, almost like the stock market. David Johnsonhttps://www.blogger.com/profile/17619547951113023430noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-20425417298274829752013-08-16T15:25:34.398-04:002013-08-16T15:25:34.398-04:00Why are we beatting around the bush? What country...Why are we beatting around the bush? What country?Algyroshttps://www.blogger.com/profile/07237694624266634982noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-67453700123607396312013-08-16T15:13:20.666-04:002013-08-16T15:13:20.666-04:00David, you might want to factor in the currency ex...David, you might want to factor in the currency exchange rate risk here.Nitinhttps://www.blogger.com/profile/12351385843310432760noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-80613155364798697742013-08-16T14:55:53.789-04:002013-08-16T14:55:53.789-04:00No, this is the standard interest rate for savings...No, this is the standard interest rate for savings accounts at all banks in this foreign country, mandsted by federal law. In fact, the constitution at one point stipulated 12% annually! That law may still be on the books, but isn't followed. (weird, to say the least)David Johnsonhttps://www.blogger.com/profile/17619547951113023430noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-5418678073248505002013-08-16T12:28:58.369-04:002013-08-16T12:28:58.369-04:00I must assume that the interest rate on the saving...I must assume that the interest rate on the savings account is so high because the bank is not totally trustworthy.Algyroshttps://www.blogger.com/profile/07237694624266634982noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-48543857428295325382013-08-16T12:03:53.205-04:002013-08-16T12:03:53.205-04:00regular savings account in another countryregular savings account in another countryDavid Johnsonhttps://www.blogger.com/profile/17619547951113023430noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-50351951960848249832013-08-16T10:11:16.631-04:002013-08-16T10:11:16.631-04:00Why do you ask, David? To what investment vehicle...Why do you ask, David? To what investment vehicle are you referring?Algyroshttps://www.blogger.com/profile/07237694624266634982noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-9781865978973161822013-08-16T06:17:11.665-04:002013-08-16T06:17:11.665-04:00I'm expecting the ole "seller's remor...I'm expecting the ole "seller's remorse" to hit today. And, if not today, then very soon. JKHhttps://www.blogger.com/profile/12039125773690244999noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-73843057166713059432013-08-16T02:23:13.972-04:002013-08-16T02:23:13.972-04:00Wish have waited, huge loss after the system went ...Wish have waited, huge loss after the system went short 2 months ago, now the 100% signal covered right at the top...Anonymoushttps://www.blogger.com/profile/09959780826095436704noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-56475887743971733732013-08-15T22:58:44.159-04:002013-08-15T22:58:44.159-04:00Black friday coming tomorrow? Sputtering recovery ...Black friday coming tomorrow? Sputtering recovery of economy weighed down by big debt and recent lackluster numbers? I sold all my positions the last 2 days, thinking the gold may be the best bet.. Danhttps://www.blogger.com/profile/07871160878940058724noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-31815598359151865672013-08-15T22:56:50.686-04:002013-08-15T22:56:50.686-04:00This comment has been removed by the author.Danhttps://www.blogger.com/profile/07871160878940058724noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-24399409771202656362013-08-15T21:15:24.863-04:002013-08-15T21:15:24.863-04:00Omniscience must be a terrible burden.Omniscience must be a terrible burden.Algyroshttps://www.blogger.com/profile/07237694624266634982noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-47076280863538982672013-08-15T20:50:24.090-04:002013-08-15T20:50:24.090-04:00That was a fast flush once 1680 cratered right at ...That was a fast flush once 1680 cratered right at the open.... vis-a-vis my note from yesterday. <br /><br />So we got a nice 2-day down move. Glad I added 2 days ago and let some ride for this. I'm now flat all profitable short positions as of the close. Couldda done better just after the close, but not fussy about winning ~33 pts on ES in 2 days. I'm playing for a bounce day here, like your CCI signal calls for, J... Expect a bounce off that 50dma on SPX... Then I'll look to re-join ya on the short side w/new positions, J.<br /><br />As usual... never over-leverage... scale in/out of every trade... right Al?<br />JKHhttps://www.blogger.com/profile/12039125773690244999noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-23599396263403297792013-08-15T17:36:33.598-04:002013-08-15T17:36:33.598-04:00Just curious: how much of your portfolio would you...Just curious: how much of your portfolio would you invest for a guaranteed return of 1/2 percent per month? compounded monthly, that's more than 6% per year. David Johnsonhttps://www.blogger.com/profile/17619547951113023430noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-28462295125677127962013-08-15T16:46:02.239-04:002013-08-15T16:46:02.239-04:00Thanks J!Thanks J!Nitinhttps://www.blogger.com/profile/12351385843310432760noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-87503836700597892842013-08-15T15:55:25.274-04:002013-08-15T15:55:25.274-04:00Thanks. J.Thanks. J.Algyroshttps://www.blogger.com/profile/07237694624266634982noreply@blogger.com