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Posts by "cat0nip"

1999 Posts Total by "cat0nip":
1927 Posts by member
cat0nip
(Frankfurt, Germany)
72 Posts by Anonymous "cat0nip":
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
May 6, 2013 16:37
In Thread: GBP
good question apparently S&P tracks EPS but EPS can be easily prepped up ...see China...just like banks stress test...so what is the economy model? Dunno...Best approach the value at risk of
credit...credit has not much to do with economy
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
May 6, 2013 14:42
In Thread: GBP
In reply to cat0nip's post
wonderful all these little to very big Merkel flags all over London... should be bans not banners ...
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
May 6, 2013 14:41
In Thread: GBP
In reply to Qingyu's post
No...systems theory has the object "structure" and complexity is a measure of structure properties. The trick Sornette uses is that
structure is the totality of relations which are invariant to a class of transformations. So instability arises with transformation to which the structure total market is not invariant.
Simple isn't it?
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
May 6, 2013 13:17
In Thread: GBP
Today London celebrates Merkel day...consequently only erratic moves except AUD down. Wait for CAD data
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
May 6, 2013 12:01
In Thread: GBP
In reply to DaveO's post
Even top level mathematicians have big difficulties....
the topic is called "multifractal analysis" but this doesn't explain anything, either. However I think one can understand the idea behind it what causes instability and how to realize the market is instable. Huge profits possible...
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
May 4, 2013 11:39
In Thread: GBP
United Kingdom Independence Party going strong. Cameron's recent Merkel huggin' and his address when Queene Merkel gives us the honor of Her graceful visit all of us must be proud of right side traffic did ring a bell but not the one Cameron envisioned.

In a recent essay Mauldin mentions Sornette's book Why markets crash. Sornette is to my knowledge the only physicist who applies systems theory to geophysics ( earthquakes, for example) and thus no physicist understand his work. But for financial markets systems theory is the only applicable.
Highly recommended although the cover is misleading: systems theory is just not chaos theory.
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
Apr 28, 2013 20:26
In Thread: JPY
the imbalances are only 15 times the global GDP
in other words 5 banks control politics and central banks with the
derivative swaps bomb
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
Apr 27, 2013 18:02
In Thread: EUR
In reply to cloudstr1f3r's post
I do, either. Especially Draghi's "goal" of equalisation of rates
of industrial banks to boost medium biz across Eurozone causes
suspicion. These rates do not depend on Draghi but on LIBOR. However a 25 bps cut is fully priced in sov bonds and stocks, so if no cut short stocks and bonds will yield good profit.
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
Apr 27, 2013 17:41
In Thread: EUR
Italy's Prime Enrico Letta will now form government. Talks with
Berlusconi successful.
Don't think that will boost EUR but may have influence on Italy sov bonds and MIB index.
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
Apr 27, 2013 16:34
In Thread: JPY
In reply to Ashraf Laidi's post
based.
With the recently renewed ISDA "scandal" a question arises:
how is it that real time prices are free of charge and real time credit ( CDS) data are very expensive and even more expensive access to rate swap data?
Could it be the central banks don't have a choice but to run the devaluation race?