Brian Just finished your book, and all I can say is WOW!!! I was a market maker on the CBOE for several years, and all I can say is I wish I had read a book like that 20 years ago my career would have been a little less frustrating. Thanks again for all your hard work and sharing with others. Richard R Hi Brian, I was very impressed with your book "Technical Analysis Using Multiple Timeframes” and I read it with great enthusiasm. Your book is not overly technical or complicated and the methods taught are extremely sound and brilliant. Your book provided me with the psychology behind the charts and clearly explained ...

A reader left a question that I think is pretty damn good. He asked "what are the variables that I use that allow you to do a forward analysis of an asset with any meaningful probability of being right." As someone who believes in top down management I focus on big picture issues and then try to figure the best way to invest toward the big picture while at the same time building in some sort of counter strategy in case my assessment is wrong. So instead of looking at a stock from the bottom up and saying ok, here is a stock with such and such valuations that will make more widgets next year for a slightly smaller cost and buying it, top down looks at the world for things like supply and demand issues, turning points in cycles or big long-lasting themes as examples. The world ...

Source Today we outsource with some interesting links on oil markets and housing. Lots of useful observations on oil supply and demand from Yves Smith, including the fact that BP's Thunder Horse, which promises soon to be pumping a quarter million barrels per day of crude oil out of the Gulf of Mexico, has finally started production. Ironman gives us another neat tool to calculate whether it pays to move closer to your worplace. Phil Miller describes what it's like to find oil in your backyard in North Dakota. WSJ Real Time Economics surveys various takes (all negative) on today's jobs report. And the always useful Calculated Risk updates graphs of the price-to-rent ratio and directs us to modern ghost towns among the would-be Los Angeles exurbs. Source: Calculated Risk

Being bullish (or bearish) on a market should not mean being blind. For instance, I've been forecasting sharply higher oil prices ever since I turned bullish way back in 2001. And I am still bullish. But I also keep my eyes wide open for anything that might get in the way of oil's bull market. I often step back in order to make sure I'm not overly influenced by greed and fear, which are the dominant emotions on Wall Street. This is critically important when a market gets as euphoric as oil is today. As oil busted out to new record highs again, soaring more than $16 in just two days last week, I questioned every indicator at my disposal. I wanted to figure out where oil prices would go next, objectively ...

Web Video hunt: On Monday, what did Holland & Co. chairman Mike Holland blame for high oil prices?

He, like I, blames them on supply and demand.

I wanted to follow up on the farm land, and related, stocks. Allow me to disclaim the hell out of this research. I do not vouch for the accuracy of any of the ticker symbols as things get lost in the translation going from the symbols on the local markets and the US five letter identifier. Further I have not done what I would call proper research on any of the names this merely an acknowledgment that these companies exist. This post is just my sharing what I have found so far but there is more looking still to be done. Remember the big macro which I think is that the dynamics of supply and demand for food are changing. There has been a combination of more demand from incrementally richer countries, investment demand for certain products, funky weather in some places (Australia had ...