Published in December 30th, 2010
BarroMetrics Views: Blinkers On?
Today, I exited the S&P longs, I took at the beginning of the quarter. To help you understand my reasoning, I need to briefly explain the inputs I use to make my trading decisions.
The inputs can be placed into 4 categories:
Price Structure - this includes using fundamentals to provide a context.
Volume-Range relationships
Time […]
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Published in December 28th, 2010
BarroMetrics Views: St Louis Fed Reserve
Ran Chi asked:
“One question I have is in regard to the St. Louis Adjusted Monetary Base. I have researched the web site and can’t really understand what this is all about. Could you perhaps summarize the key points so that I can better grasp the context please ?”
The URL you […]
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Published in December 24th, 2010
BarroMetrics Views: The Muni Bonds - A Crisis in the Making?
English Bob dropped me a fab comment. It’s so good, I have reproduced it below as my my blog for Xmas Eve.
The video to which Bob refers may be found here: http://www.cbsnews.com/video/watch/?id=7166293n&tag=contentMain;contentAux
There are two good articles for further reading;
One is by Bob himself - see […]
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Published in December 23rd, 2010
BarroMetrics Views: The Law of Unintended Consequences
Two items came together for this blog - I have just finished reading:
McLean and Nocera’s excellent history of the rise and fall of the sub-prime mortgage, ‘All the Devils are Here‘ and
ShadowStats evaluation of ‘2010 Financial Statement of the US Government’.
They make for interesting reading.
Let’s first have a […]
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Published in December 22nd, 2010
BarroMetrics Views: 2010 Adieu
As 2010 comes to an end, I look back and see I have much to be grateful for.
It’s been a great year!
The return on my large fund was the best in 20 years of managing money. I have decided to close it down, retire my traders and go out on a high.
The […]
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Published in December 21st, 2010
BarroMetrics Views: Trading Success: A Learned Skill
“I don’t learn that way! Just tell me and I’ll remember it!!”
Clearly I was pushing my nephew, Ari, way past his comfort zone. He was no longer hearing my words but instead his whole focus was on the discomfort he was feeling.
This was last Saturday - during session 4 […]
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Published in December 20th, 2010
BarroMetrics Views: 30-Year Bonds 2010-12-20
The Bonds and the S&P appear to be lining up for a short trade.
You will recall that in a previous blog, I suggested that we had shifted from an inverse correlation to a direct correlation of Bond and S&P prices. If I am right we should see a rally into the […]
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Published in December 16th, 2010
BarroMetrics Views: China and Its Inflation Rate II
If you want to see what will happen to the US when the money deposited in the St Louis Fed Reserve hits the Main Street, you need only look at China.
When the sub-prime hit, China responded like the US - with massive injections of liquidity. For example in […]
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Published in December 16th, 2010
BarroMetrics Views: China and Its Inflation Rate
As a known technical trader, I am often asked: do I consider fundamentals.
My answer? “Yes” as a context to my trading and within that context I use model based on Austrian economics. The headlong rush south by the US Bonds indicates that inflation expectation has built into the US […]
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Published in December 15th, 2010
Double click to zoom in on text:
With institutional hedge funds, there are layers of fees to pay irrespective of performance.
Private hedge fund managers like the legendary Ed Seykota only gets paid with performance of say about 30% on profits when the fund is closed usually 3 -5 years, unless a certain percentage of […]
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