Author Archives: Chris Tate

My conclusion

Whilst clearing my inbox just now I came across a market recap/forecast that included the following  headings- Actually the bit about being mental I added as it seemed appropriate for anyone silly enough to bang on about Gann and astrology. Once again someone proves my point that human irrationality is boundless.

Do I fricken care..

…if the Dow is measured in gold. I find this style of charts profoundly inane. You don’t measure the amount of paint you might need to paint a room in the number of babies foreskins it will take.

An oldie but a goodie from 1907

Because its Monday

Once upon a time the Korean martial of Tae Kwon Do was my chosen activity – it is an activity I first took up when I was 12 and stayed with for a decade. So it is no wonder I found this video somewhat endearing – Little blokes going at it Unfortunately, it encapsulates the…

Its not the economy stupid….its price

I am regularly send odds and sods by various peanuts (usually economists) telling me what the market should and shouldn’t be doing. Unfortunately, they are making a fundamental flaw – the stockmarket is not the economy. The stockmarket is a pricing mechanism based upon the aspirations and perceptions of populations and these populations are not…

I love a good currency punch up

This is a list of the currency currency conflicts floating around the international markets compiled by Paul Mason of the BBC. China versus the USA: in which the US wants China to allow the RMB to rise against the dollar, weakening China’s competitiveness by raising the price of Chinese exports. There is the USA versus…

SAC Capital

Interview with Steve Cohen of SAC Capital. Since inception in 1992 SAC has only had one down year and averages 27.1% return.