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New audio and video section

Discussion in 'Investor Resources & Tools' started by Steve, 27th Jun, 2007.

  1. Steve

    Steve Well-Known Member

    Joined:
    8th Dec, 2006
    Posts:
    97
    Location:
    Sydney, NSW
    Hey Sim,

    Just noticed the audio and video section. I see you've got an audio from Steve Navra there as well as some finance videos - excellent.

    Or maybe they've been there for a while and I've just noticed them now.:p

    Cheers,

    Steve
     
  2. jenpalex

    jenpalex Active Member

    Joined:
    16th Aug, 2005
    Posts:
    37
    I've just finished listening to Steve's audio on the American fund. This is a good way of getting news out to we people out in the sticks (Canberra). Please keep them coming.
     
  3. Glebe

    Glebe Well-Known Member

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    Sydney, NSW
    The USD is heading to .86, it's surely time for a currency play. Who's in? :cool:
     
  4. Tropo

    Tropo Well-Known Member

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    17th Aug, 2005
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    3,396
    Location:
    NSW
    Daily consolidation range: 0.8545 - 0.8365
    :cool:
     
  5. Insight

    Insight Brisbane Buyers Agent

    Joined:
    24th Sep, 2006
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    229
    Location:
    Brisbane
    That seems like a clumsy way of hedging the currency exposure.

    I'm wondering how converting money in and out of AUD can be seen as nearly as efficient as simply setting up a direct hedge in the FX markets.

    Lichello AIM Software Vendors

    I learnt a lot just from playing around with the spreadsheets and settings, not a difficult thing to do as all you need is EOD data. It should give you a good idea of the methodology of buying when things fall and selling when they rise anyhow. The Aim Excel template is a useful tool.

    Problem with Lichello's idea as I see it is that if you want alpha then you need to dance with the high beta stocks in your index and this entails stock specific risk that is really hard to measure, survivorship bias is a large issue here when you try and backtest. Probably a return to wide ranging and non trending markets like Lichello experienced in the US in the 70's when he devised this trading idea might allow the idea to thrive, these are not the markets we are experiencing at the moment.

    Actually I could go on, but could be I'm the only one interested :)

    ** edit.. actually a poster GP created a wizard little application for AmiBroker software that does the AIM testing automatically... I'm a bit analog and prefer Excel still.

    Lichello AIM Plugin for AmiBroker - Aussie Stock Forums
     
  6. Glebe

    Glebe Well-Known Member

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    Andrew,

    Thanks... I think.. :confused: :eek:
     
  7. Tropo

    Tropo Well-Known Member

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    Glebe,

    There is always a good time to play with currency, but you may wait quite a while for 86c on AUD/USD (currently 0.8404) :p
    Until than ... be :cool:
     
  8. Insight

    Insight Brisbane Buyers Agent

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    24th Sep, 2006
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    Location:
    Brisbane
    I like the theme of the AUD going to parity with the USD, not an easy trade to stick with but something I have been thinking about.

    It's the direction everything is headed, could turn around of course, but it's the direction we are driving.
     
  9. Tropo

    Tropo Well-Known Member

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    17th Aug, 2005
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    3,396
    Location:
    NSW
    Insight,

    It seems to me that way as well.;)
    In the short term chart pattern suggest rather move down than up (or sideways), but future inflation data, employment and commodity demand, may influence AUD/USD direction.
    Sure, we may hit parity with the USD in the future (I would not be surprised :p ), but at the moment I would not bet on it.
    :cool: