tag:blogger.com,1999:blog-2627538303203776446.post2353170840877182662..comments2024-01-12T08:05:37.833-05:00Comments on Rambling$ and Gambling$: Quick view of the market (stock/trading)The Pretenderhttp://www.blogger.com/profile/10344696445428286985noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2627538303203776446.post-31338335118634568792009-08-23T23:36:41.978-05:002009-08-23T23:36:41.978-05:00I've written before that I'm one of those ...I've written before that I'm one of those who believe in hyperinflation to come, and I certainly don't like the fact that the Fed started acting and hasn't done anything in the other direction. I do believe that inflationary pressures will have a big effect on the markets if they haven't already. I'm just not sure about the time window whereas you seem to have a more specific one in mind.The Pretenderhttps://www.blogger.com/profile/10344696445428286985noreply@blogger.comtag:blogger.com,1999:blog-2627538303203776446.post-78797492410643698172009-08-20T05:59:37.317-05:002009-08-20T05:59:37.317-05:00Maybe the market is being held up by technical fac...Maybe the market is being held up by technical factors like money on the sidelines and shorts in the market. I'd be looking for inflationary pressures in the coming months to become the dominant reason for the market holding up despite a continued bad economic climate. Have just finished reading another book by Milton Friedman, and he points out that the impact of increasing the money supply if felt by growth in the first 6-9 months (which is why gdp hasn't been attrocious in the latest reports) and then price increases on the time frame of 12-18 months. If we think about when the Fed started acting, we are getting into that window right now. Look out...S&P all time highs here we come.Danhttps://www.blogger.com/profile/03770890423383646765noreply@blogger.com