Great posts Volt.
A must listen to given Volts comments:
Jason Zweig & Nassim Taleb
This week on Consuelo Mack WealthTrack, two unconventional thinkers help us to become better investors. Consuelo Mack talks to Nassim Taleb, author of the bestseller, "The Black Swan" about his unconventional and it turns out prescient approach to investing, and Jason Zweig, author of "Your Money and Your Brain" explains the new field of neuroeconomics and how to apply it.
http://evilspeculator.com/
May be of interest to some XJO readers/posters. Especially today's post on being the last bear standing and Carolan's Calendar. EW trader in the US markets.
Also some Marc Faber latest:
http://marcfaberblog.blogspot.com/
September 7, 2009
We Have Extreme Optimism Among Investors And Economists About The Outlook For The Economy And The Stock Market
We had a tremendous rally for the March lows to around June 15 and after that equity markets have continued to go up but at much lower rates. In other words, between March and June 15 in the United States we went up 43% and since then we are up 7%. The rate of increase has diminished. At the same time, the US Dollar which was very weak between the end of February and June of this year has traded in a very narrow range against the euro. Sine June we are flat against the euro despite of the fact that there has been lots of negative comments against the US Dollar.
Now, we have extreme optimism among investors and economists about the outlook for the economy and the stock market and extreme pessimism about the US Dollar. And therefore its possible that in the next 2 weeks or 3 months its possible that equities will disappoint.
Interview:
Latest Marc Faber on the Markets
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