AUD: 0.9260/9263 CAD: 1.0356/0360 CHF: 1.0192/0196 EUR: 1.2723/2726 GBP: 1.5356/360 GOLD: 1244.10/4.45 HKD: 7.7671/7679 JPY: 84.18/84.23 NZD: 0.7274/7278 SGD: 1.3398/3405 (15 min delay Bid/Ask) AUD: 0.9260/9263 CAD: 1.0356/0360 CHF: 1.0192/0196 EUR: 1.2723/2726 GBP: 1.5356/360 GOLD: 1244.10/4.45 HKD: 7.7671/7679 JPY: 84.18/84.23 NZD: 0.7274/7278 SGD: 1.3398/3405 (15 min delay Bid/Ask) AUD: 0.9260/9263 CAD: 1.0356/0360 CHF: 1.0192/0196 EUR: 1.2723/2726 GBP: 1.5356/360 GOLD: 1244.10/4.45 HKD: 7.7671/7679 JPY: 84.18/84.23 NZD: 0.7274/7278 SGD: 1.3398/3405 (15 min delay Bid/Ask) AUD: 0.9260/9263 CAD: 1.0356/0360 CHF: 1.0192/0196 EUR: 1.2723/2726 GBP: 1.5356/360 GOLD: 1244.10/4.45 HKD: 7.7671/7679 JPY: 84.18/84.23 NZD: 0.7274/7278 SGD: 1.3398/3405 (15 min delay Bid/Ask) AUD: 0.9260/9263 CAD: 1.0356/0360 CHF: 1.0192/0196 EUR: 1.2723/2726 GBP: 1.5356/360 GOLD: 1244.10/4.45 HKD: 7.7671/7679 JPY: 84.18/84.23 NZD: 0.7274/7278 SGD: 1.3398/3405 (15 min delay Bid/Ask) AUD: 0.9260/9263 CAD: 1.0356/0360 CHF: 1.0192/0196 EUR: 1.2723/2726 GBP: 1.5356/360 GOLD: 1244.10/4.45 HKD: 7.7671/7679 JPY: 84.18/84.23 NZD: 0.7274/7278 SGD: 1.3398/3405 (15 min delay Bid/Ask) AUD: 0.9260/9263 CAD: 1.0356/0360 CHF: 1.0192/0196 EUR: 1.2723/2726 GBP: 1.5356/360 GOLD: 1244.10/4.45 HKD: 7.7671/7679 JPY: 84.18/84.23 NZD: 0.7274/7278 SGD: 1.3398/3405 (15 min delay Bid/Ask) AUD: 0.9260/9263 CAD: 1.0356/0360 CHF: 1.0192/0196 EUR: 1.2723/2726 GBP: 1.5356/360 GOLD: 1244.10/4.45 HKD: 7.7671/7679 JPY: 84.18/84.23 NZD: 0.7274/7278 SGD: 1.3398/3405 (15 min delay Bid/Ask) AUD: 0.9260/9263 CAD: 1.0356/0360 CHF: 1.0192/0196 EUR: 1.2723/2726 GBP: 1.5356/360 GOLD: 1244.10/4.45 HKD: 7.7671/7679 JPY: 84.18/84.23 NZD: 0.7274/7278 SGD: 1.3398/3405 (15 min delay Bid/Ask) AUD: 0.9260/9263 CAD: 1.0356/0360 CHF: 1.0192/0196 EUR: 1.2723/2726 GBP: 1.5356/360 GOLD: 1244.10/4.45 HKD: 7.7671/7679 JPY: 84.18/84.23 NZD: 0.7274/7278 SGD: 1.3398/3405 (15 min delay Bid/Ask) AUD: 0.9260/9263 CAD: 1.0356/0360 CHF: 1.0192/0196 EUR: 1.2723/2726 GBP: 1.5356/360 GOLD: 1244.10/4.45 HKD: 7.7671/7679 JPY: 84.18/84.23 NZD: 0.7274/7278 SGD: 1.3398/3405 (15 min delay Bid/Ask)

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Friday, 10 September 2010, 17:17 (GMT)

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Tom Scollon provides up-to-date market analysis: come ride with me.

Recently I have been asked by a number of people to review the Ferris Wheel. The Ferris Wheel was a concept I introduced in my book ‘Fair Share’ some years ago and in the Jul/Aug 2006 issue of YTE.

The Ferris Wheel is similar to the ‘Economic Clock’, but with a Scollon flavour. There is a subjective element to it, so one has to be a little careful in interpreting where we are in the economic cycle. Economics is not a precise science, as I am sure you know.

Despite the confidence of equity investors worldwide, I still consider we are in uncertain times and such matters as where we are in the economic cycle can be just about as clear as mud.

I believe we are somewhere at the bottom of the Ferris Wheel and, even though...

 

Excerpted from an article originally published in the Nov/Dec 09 issue of YourTradingEdge magazine. All rights reserved. © Copyright 2009, MarketSource International Pty Ltd.

If you are a subscriber to YourTradingEdge magazine, you will already have received this issue of YTE magazine - please turn to page 10 to read the rest of this article.

If you are not a subscriber, click here to subscribe, or to purchase this issue as a single back issue, click here.

 





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3.26 Copyright (C) 2008 Compojoom.com / Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved."

 


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