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Articles for: Elliott Analysis
“Market timing” as opposed to “time in the market” is never as relevant as it is to Margin Lending (ML) to buy shares.
A few weeks ago I promised another review of the sectors. I have been deliberately postponing that as I had wanted to do that review at a time when the markets were not racing ahead – only because it is more difficult at these times to decipher the real underlying trends as opposed to hype of the time that drags everything along the way.
Welcome to spring – the skies are blue, the sun is shining, the birds are chirping, flowers blooming, property prices still booming, stock market seeing no limits – life is wonderful! But do we have to pay a price for this good fortune?
Last Tuesday I rang my on-line broker - who shall remain nameless – as their on-line trading was jammed – but so also was their phone service. I guess this is not surprising given the vast number of investors opening up new accounts – and margin lending accounts.
Day One snorkelling around the Whitsundays put paid to any honest intentions I had of doing some serious “markets” research!
Most Australians have a need to accumulate wealth for retirement. Surveys indicate that generally few people truly understand how much capital is required to retire in a life style to which they have been accustomed.
The Dow has been bound between 9000 and 9300 – give or take – for almost two months now hitting a low of 8999 during the week. It has been feigning a continuing rally, which so far has been thwarted.
Trading Tutors has a large number of readers who trade futures, so in response to many requests I am reviewing some futures markets to quickly scan for interesting emerging trends.
US “good news” economic reports arrived at the end of the weekend and the markets came off.
When considering the options market the trader faces the choice of either the local Australian market or the U.S. Options market.
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