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Kapouillax

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Posts posted by Kapouillax

  1. It is unfortunate that some folks seem to take offense at my warnings - They are well-meant,

    and I know from my own trading that "complacency is an enemy of success in trading & investing."

     

    DrB I think that's more a matter of form than anything else, if people take offense.

     

    You, in some instances, have "rubbed salt in the wounds" of those applying B&H strictly (i'm thinking of the temporary renaming for the beating B&H thread...). Of course some people would feel hurt by that, don't you think it would make sense?

     

    Some in that forum have been B&Hing for so long they can afford quite a massive slump of the price of Au and Ag. Even if it fell down to 25%, I'm sure the long term'ers around here would still come out with a decent profit or at least break even. Or course, for them, the "safety level" is beyond high and do not (want to, or certainly need to) comprehend what you're on about, especially as you're using financial tools that are deemed to be the source of our current woes.

     

    So there's this disconnect between them and you. That causes friction...

     

    And there's "us others" (that would be me and others) who only have had the opportunity to realise the value of holding Au and Ag in those uncertain times. Thanks to you, we realise the risk of doing so as we will be very strongly affected by violent downwards moves, and I, for one, am currently thinking of implementing "mitigation" strategies to limit my exposure to wild swings.

     

    But ultimately, I think we all share the same vision; even though our views differ on the implementation, we should just let these threads resume their "normal activities" for our collective sake (and maybe think about each other's sensitivities??)

  2. Try this, Kapouille. When your searchng for property, draw her attention to/view houses that are slghtly above your price bracket, rather like when EA's always send details of properties that are more expensive than you stipulated.

     

    She wlll quickly become disillusioned with property you can currently afford and you can then plant the seed along the lines of "Look what we could buy if we wait for prices to fall further/save a larger deposit etc"

     

    If all else fails, send her over to HPC....if she still wants to buy after a few hours over there, you may as well throw in the towel. :D

     

    Edit; Sorry, Warpig already suggested 'settng your sights too high'.

     

     

    Yes,

    thankfully she is already doing that without even me suggesting! She's always up for maximising the expenditure, mind you :)

    I'm lucky enough that we need to keep renting for now for at least 6 months for school catchment reasons (Or else we'd be buying a crappy place with a massive mortgage by now...). So I can still hang on to gold and silver and cross my fingers that the "big collapse" talked about in the other thread doesn't happen until then :( (I wouldn't mind if the 'big collapse' was accompanied by a 'even bigger collapse' in property, of course!)

  3. If I was going to drag my heals I would just set my sights too high or if you have children, you could suggest the money saved by not buying now would go towards a deposit for our child when they're older, you'll be the perfect father! ;) I could reel these off all day, if you need anymore let me know! :P

     

    Ah yeah, but you see, that's all long term :) She wants hard evidence NOW. House prices must be going down at a 10% pcm rate (in nominal terms, of course, none of that gold price malarkey) for her to be convinced :)

     

    (We may see that happen in the next months, who knows how much more printy printy can be still done to keep the soufflé up)

  4. Don't you think there is a reason that "technical analysis" is not a discipline of financial mathematics as a science? That should be a strong indication to you that it is just hokuspokus that does not hold up to any rigorous analysis (other such examples are the "Most Haunted" shows and similar).

     

    Although I completely agree on the fact that TA is completely made up (but not as much as Astrology!), I believe it works because... Most of traders believe it works.

    As a consequence, they end up shaping, to a certain extent, the reaction of markets to match TA's (sometimes artificial) rules.

     

    On the other hand it provides some observations that, although impossible to demonstrate due to the complexity of the system it analyses, give one a rough idea of the momentum and variation of risk in shorter term.

     

    Now, it's no substitute to proper mathematical finance application, but even that can fail.

  5. Great.

    Why don't you post a link here to something interesting that you have discovered in your explorations?

     

     

    Link here

     

    http://www.greenenergyinvestors.com/index.php?showforum=37

     

    I have discoved that the vast majority of things here are drivel and nonsence :lol:

     

     

     

    I think to sum up you both agree to disagree. You have radically opposite mindsets.

    Unless you both enjoy arguing, I believe it's probably better if you acknowledged you are not going to be able to change each other's minds.

     

    ... And for that matter, I believe that we can see that these humans' thinking is not changing :)

     

     

    However, far more interesting are the sci fi novels of Iian M Banks

     

    http://www.vavatch.co.uk/books/banks/

     

    Great stuff.

     

    I've been meaning to get into them for a while! That's proper hardcore scifi pr0n, like I love.

  6. Gotta hand it to the manipulators, they have played it absolutely perfectly with gold just going decisively downwards through the 50 day EMA. It looks like being a deep correction now down to around 1550-1600 and I think that the yearly top is in at 1920.

     

    Edit: The next target would I guess be the 150 day EMA which is at around 1620. It hasn't closed below that since April 2009.

     

     

    Manipulation or not, Gold is not an isolated case. Commodities, indices, shares are all taking a massive pounding as we speak.

  7. If that's any help, I reckon that if we reach sustainably reach it, 1750 would be a critical level. it sounds like it's a support level (see horizontal line). Also, it's nearing the "buy zone" of the Bollinger band.

    Also, it looks like we're closing to C on an Elliot wave...

     

    That said, I've also added in red the 144d MA for reference, and it's still a long way down...

     

    post-3709-0-65097100-1316171864_thumb.jpg

     

    Just punctured through the 1750... Let's see if that holds!

  8. I think it's unlikely, but if it did happen that would be the bottom IMO. I think we're on the cusp of an explosive move up, personally I wouldn't worry too much about the buying the absolute bottom, within 10% is perfectly acceptable.

     

     

    If that's any help, I reckon that if we reach sustainably reach it, 1750 would be a critical level. it sounds like it's a support level (see horizontal line). Also, it's nearing the "buy zone" of the Bollinger band.

    Also, it looks like we're closing to C on an Elliot wave...

     

    That said, I've also added in red the 144d MA for reference, and it's still a long way down...

     

    post-3709-0-65097100-1316171864_thumb.jpg

  9. LOL

    Tax evasion may be a worthy sport for independently-minded people in a country that wants to over-tax.

     

    Yes, that's very much the idea. There's a separate 2nd economy going on there. Essentially, they get the best of both worlds : the benefits from the French system, and the money from the 2nd economy.

    Of course, they take the benefits for granted... It's a very one-way thing.

     

    What about the "high number of psychics"? Is that a genuine observation about Basque people?

     

    If there are a number of them, it's definitely not around me :D

    As a matter of fact, if anything, my impression is that they are more down to earth than the head in a skies.

     

    Some think that Basques have "holy blood" rather than an alien origin. Is it discussed by them, I wonder?

     

    Catholic religion is a big part of the culture, that's for sure.

    The most likely theory about their origin is that they're among those early european settlers that got there before the indo european wave which managed to preserve their language thanks to their exceptional cultural protectionism. One thing is for sure, nowadays, cultural independentism is still strong (a lot speak Basque as their first language). Oh, and stubborn they are. And so am I, I suppose that's got to be genetic :)

     

    Another idea I've read somewhere, is that they are the last Atlanteans. Now, that's definitely too fringe-y for me, but I thought you might be interested in that :)

  10. LOL

    Tax evasion may be a worthy sport for independently-minded people in a country that wants to over-tax.

     

    Yes, that's very much the idea. There's a separate 2nd economy going on there. Essentially, they get the best of both worlds : the benefits from the French system, and the money from the 2nd economy.

    Of course, they take the benefits for granted... It's a very one-way thing.

     

    What about the "high number of psychics"? Is that a genuine observation about Basque people?

     

    If there are a number of them, it's definitely not around me :D

    As a matter of fact, if anything, my impression is that they are more down to earth than the head in a skies.

     

    Some think that Basques have "holy blood" rather than an alien origin. Is it discussed by them, I wonder?

     

    Catholic religion is a big part of the culture, that's for sure.

    The most likely theory about their origin is that they're among those early european settlers that got there before the indo european wave which managed to preserve their language thanks to their exceptional cultural protectionism. One thing is for sure, nowadays, cultural independentism is still strong (a lot speak Basque as their first language). Oh, and stubborn they are. And so am I, I suppose that's got to be genetic :)

     

    Another idea I've read somewhere, is that they are the last Atlanteans. Now, that's definitely too fringe-y for me, but I thought you might be interested in that :)

  11. The Basque people have always had a very wonderful reputation as mystics and as pious people without hypocrisy or insincerity. Fundamentally, they are an unusually honest race of people devoting themselves mostly to agriculture, although they manufacture some artistic types of unique clothing or dresswear. The Basque hats have become quite well known throughout the world and are imported by many countries and especially France and England. They are typical of the beret type of headwear.

     

    The women are charming in their appearance and complexion, in their magnetic personalities, sweet voices, pleasant mannerisms, and extreme cleanliness. The men, of course, are very industrious, and as a race the Basque people have fought very hard to maintain their own provinces as independent and neutral in all worldly affairs.

     

    /source: http://www.bibliotecapleyades.net/ciencia/ciencia_basques01.htm

     

    Being from Basque origins and having most of my family over there, I'm wondering if whoever wrote this article has been in contact with any Basque :)

    "unusually honest" certainly isn't the first characteristic that springs to my mind to define them, especially when the biggest national sport (at least in the 3 French regions) is tax evasion. Certainly they are frank and direct...

     

    I can't help but chuckle when I compare the chapter about Basque women to the memories of my grandmother :) (That said, I know a lot of nice Basque women, but so do I in the rest of France. And UK, and Sweden...)

  12. Have a look at Barratt Developments Plc on Google Finance:- http://www.google.co.uk/finance?client=ig&q=LON:BDEV

     

    I don't know enough to say whether this view of the shares is any good, but you do at least get the (seemingly) all important volume along with the price. I know Bubb and the others seem to prefer BigCharts, but I think google is an easy and accessible way of at least getting started with these things.

     

    Thanks Alex.

     

    It looks clear enough that it's staying low, and, if anything else, going slowly down. Let's see if that coincides with the price of housing going down!

  13. A surprise? ... Only to those who were not paying attention.

    Watch the Builder shares is a great way to stay ahead of the inexperienced "teenage scribblers" who write the news reports

     

    Is the current trend on those share still downwards?

    (sorry to be asking, I'm very new to those kind of things, I don't even know where to find this data, let alone read it!)

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