its not that I am/was looking for an explanation - I don't try to explain bubbles
What I meant to say was how disconnected the markets are.
------
re the quote there is lots of flawed logic in it such as
"Total foreign ownership of U.S. assets (excluding complicated financial derivatives) rose from $16.594 trillion at the beginning of 2009 to a record $26.791 trillion at the end the first quarter of 2014.
That’s an astounding 61 percent gain in just five years, a record for such a short time period.
It’s a total of more than 10 TRILLION DOLLARS that has flowed into U.S. investments from abroad.
Of that $10 trillion ...
If the market prices are inflated that is not new capital inflows - the same foreign ownership (for example 30% would be a much bigger nominal amount) so the author should show the difference in percent change.
but in anycase it's all for not.
I just need to focus on trading this garbage and making profits.
Educational only and not trading advice (EO&NTA) Good trading to all
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
how many times you see double top made money? double top is buy, double bottom is buy.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Board readers: You must learn to understand and recognize Cobra sarcasm.
He is very serious, very dedicated, but the lopsided bull moves generated by central bank money printing make his science somewhat superfluous at times. Hence his eyes roll, and sarcasm comes from his typewriter.
"The first stock ticker debuted in November, 1867. It was basically a modified telegraph receiver — someone typed in stock quotes on one end, and they were instantly printed onto the machine's ticker tape at the other. Eventually Thomas Edison patented a better version, and their use exploded."