Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (52679)	7/6/2013 3:31:57 PM
From: John Pitera	Read Replies (2) \| Respond to of 219801

H.I GZ, as my first cousin Mark Madden who is an IT Specialsit and has been in the industry for 20 years was telling me back in 1999 or 2000 when he was visiting from Louisville Kentucky...... " We have too much raw information.... what is needed is to be able to zero in on what is the highest priority and Significant imformation. When it comes to the Financial markets and the US stocks market.... we have to remember that it is a small subset of a massive worldwide system of Capital..... THE CAPITAL MARKETS... The Chinese Make the most cars in the world and buy the most cars in the world.... It's not our dad's oldsmobile to mix multiple metaphors.... In 1960 Europe and Japan were just climbing out of the ruins of having their countries significantly destroyed by WWII.... and the US was the Insustrial SuperPower and the Powerful Russians were the Military rival... In 1970.... we were at the height of the Vietnam war and budget deficits were amuck in the US and the Europeans were asking for their Gold Back..... And Nixon Closed the Gold window.in 1971 I believe....... The Japanese were known in the late 50's and 60's for making cheap breakable electronics etc. by the early 1980's Enland privetized industries... Germany became much more Capitalistic..... and the Japanese were experiencing a decade that ended with the belief that Japan was becoming the best in the world at management culture and quality output. The 1990's were the Golden Years for the USA. 2000-2013 ... we China become a major power.... as well as huge all over the world from 1990 into 2008...... So the principles learned in each decade have then not applied well to the following decade. I got a series 31 license to sell managed Futures while I was with Morgan Stanley... that was in addition to the series 7 , a series 66.... which is a composite of the series 63 and 65.... and an insurance license. The Key take away is that managed commodity futures were thought to be a great asset class diversification move and so the Firms like UBS, MER, MS etc where very keen for us to get high net worth individuals charge a flat yearly management percentage and then we would farm the money out an array of top money managers and not worry about the markets and when to buy or sell or need to worry about whether bonds were going up or down as their were outside managers who focused on that., John And in 2008... we had a global market meltdown and the industry learned that all financial assets classes around the world were increasing more and more correlated. Since that is the case and it's agreed upon by the really High echelon Asset managers ... they understand this but the rub is that it turns into a very complicated ecosystem to study analysis and attempt to figure out what it will do Next. That is the root cause of why the stock markets movements become more difficult to forecast. John