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To: GROUND ZERO™ who wrote (52488)6/29/2013 2:46:35 PM
From: Bert2 Recommendations

Recommended By
Eva
GROUND ZERO™

  Read Replies (2) | Respond to of 219783
 
It all looks bad per Kimble's charts. Looking at my list of charts and in light of the recent GDP print, the Fed's waffling, Snowden, etc, etc......$TNX looks like yields want down......I wonder if money is going to rotate into emerging markets/commodities for a bit. Not to say the SP/Naz etc won't go up with them, but where is the growth? 1-2% here, or 5-8% or whatever in China, or India, or ??....looks like Brazil et al are trying to bottom with gold, copper, etc.....next week is key....need to see follow through on all theories and thoughts. I think we should see improved clarity by next Friday. The weekly sticks in both the general markets and miners/emerging mkts are positive....either they all go up, or they decouple.....look at the $HGX bouncing at the weekly 50ma. I'm sticking with the miners for now, and will add on weakness.



To: GROUND ZERO™ who wrote (52488)6/29/2013 5:41:33 PM
From: dealmakr 2 Recommendations

Recommended By
Hawkmoon
John Pitera

  Read Replies (1) | Respond to of 219783
 
Hi GZ,

Customers margin debt is one of the indicators that can be checked often as it can give you a good read on speculative overbot conditions, still get the data from Barron's on the weekend. At 377B its down a bit from the prior week's reading of 384B, but way ahead of the reading of a year ago of 279B. From the train wreck of a few years back when it was also huge, we know what happened then.

Thanks for posting the chart, gives a good visual of a pretty important piece of data.

Good Trading

dealmakr



To: GROUND ZERO™ who wrote (52488)7/5/2013 5:40:04 PM
From: John Pitera  Read Replies (1) | Respond to of 219783
 
Hi my good friend... an excellent chart... We were living in a technologically primative era back in 1999.... it was like the stones ages compared to today... This time... we will have a much better quantatative mark to market on a daily basis... risk points allocated to limymit exposure to % of Equity on each asset class and the entire financial system changed from the dawn of WWW in circa 1995....

I remember when I was working with David Mizon at Citi in Sydney in 1986 and 1987.....he was 10 or 12 years older than me.... he was running the securitization department we would go out to the pub at lunch... and he was really intrigued with what I was doing with Live time Charting since I was the one who introduced it into the Australia Dealing room at Citi..... ( my parents were both very high end Information technology professionals.... Dad started off as an electrical engineer at Grumman.... right out of college they were the biggest employer on Long Island back in the early and mid 60's.... They were building their own computers instead of buying IBM mainframes..... and Dad and many others at Gruman worked on development and construction of the Apollo 11 lunar module.... but he picked up and MBA and Knew that the space program and the war in Vietnam were winding down..... so he was blessed enough to go to a stable company.... standard oil of New Jersey... which was in the process of rebranding to ESSO...... and then EXXON.....

My point is that I was blessed to have parents that valued education and I was not by nature a real tech geek... but I was able to have them get the very first IBM PC and Dow Jones very first software package that was junk... but we were usiing the internet from Sydney Australia to access Dow Jones Prices data on stocks Indexes... options etc in 1984.... and that was using a 300 baud modem!!!!...... we were spending $1200 a month on the two data sevices.... anyway I got better software as it developed and the futures guys were typically way ahead of the banking guys in charting as it was called back then....

So as you can see I have lived through as have all of us older folks the Information evolution and the financial markets ability to engineer and sell products and services unimaginable 30 40 and 50 years ago.

My very best regards, to a very good friend who has seen so much of the market evolution....

John