A documentary that shows how serious our origins and our history is very different from how we teach them in school ...
Wednesday, June 10, 2009
Washing Northface Apex Detergent
[History] The true story of the Egyptian people
Instructions For The Playmobil Castle
[New Science] Gregg Braden - Matrix Divina
Conference Gregg Braden held in Milan on 30/05/2007. Braden shows us what our beliefs are wrong according to the latest scientific discoveries. It also presents an interesting parallel between the new science and spirituality, showing how the old traditions such as Buddhism, Zen, Sufism, Essenes, etc. .. were already in possession of knowledge that science is discovering. If your inner life, your freedom and truth are topics that interest you I suggest you be patient and watch this lecture in full, you can really change your life and the perception of it.
This and other videos available on my youtube channel (youtube channel)
Monday, June 8, 2009
Canadian Basketball Prospects 2010
Sell May and go away? Parliament to assess
MSCI WORLD stores the first week of June with a positive change of almost two percentage points, nothing shocking in itself but there are two things I would emphasize:
1) from the lows of March there were 10 closures a week-on-2 positive negative;
2) with the closing of 05 to 714 points on Friday, the MSCI World index adjusted for the second consecutive week the new peak since the beginning of 2009.
share was 700 fatal multiple times during the months of October and November, especially early in the year when, after a hint of a rebound from the lows of November, the market had stopped at 699 and then record new lows in February and March.
is now the market is likely to take a pause for reflection and I would not be surprised to see realized also important, especially because just above (about 750 points) passes the moving average 200 sessions a level which could include, at least temporarily, increases the financial markets
returning to the first week of June we find that Asian markets are still in the foreground, both in terms of percentage change (Indonesia and Thailand 10%, +5% Philippines, India 3%) and in terms Relative Strength (India, China, Shanghai and Hong Kong all in the company of two countries 'oil': Russia and Norway).
The economic recovery, now evident in the Pacific, has revived the demand for energy, therefore, to characterize the month of May was the blaze which affected the price of oil:
crude oil have moved in just over a month, from 45 to almost $ 70 a barrel and the increase in volatility (as evidenced by the enlargement of Bollinger bands) seems to indicate that the race is almost expired.
this increase could trigger inflationary currently not provided by central banks, the effects of which are protecting the financial markets through the purchase of precious metals:
is the case of gold, which is again affecting the maximum around $ 1,000 an ounce
or platinum in the uptrend seems to take effect:
in my opinion, both metals may be considered as an object of investment.
for equity markets, while the price movement continues to suggest a continuation of the uptrend assessments and other indicators suggest some caution.
one hand, the positive signals coming from:
1) the gradual recovery in prices of corporate bonds, a sign that the financial community sees a positive expectations of default;
2) is the index CRB commodity is the Baltic Dry Index will continue the upward trend
3) assessments of the S & P 500, based on P / E of Shiller, indicate quotations undoubtedly attractive in relation to the average of the last 20 years
down ' other aspects of caution:
1) reduction in volatility and volume, indicating a possible exhaustion, or at least slow, the current trend
2) the spread between yields on U.S. government bonds to 10 years and remains at 2 years 'on call': symptom that financial markets expect further confirmation regarding the economic recovery, especially investors want to get some light on what the consequences of the massive government interventions to support the economy
MSCI WORLD stores the first week of June with a positive change of almost two percentage points, nothing shocking in itself but there are two things I would emphasize:
1) from the lows of March there were 10 closures a week-on-2 positive negative;
2) with the closing of 05 to 714 points on Friday, the MSCI World index adjusted for the second consecutive week the new peak since the beginning of 2009.
share was 700 fatal multiple times during the months of October and November, especially early in the year when, after a hint of a rebound from the lows of November, the market had stopped at 699 and then record new lows in February and March.
is now the market is likely to take a pause for reflection and I would not be surprised to see realized also important, especially because just above (about 750 points) passes the moving average 200 sessions a level which could include, at least temporarily, increases the financial markets
returning to the first week of June we find that Asian markets are still in the foreground, both in terms of percentage change (Indonesia and Thailand 10%, +5% Philippines, India 3%) and in terms Relative Strength (India, China, Shanghai and Hong Kong all in the company of two countries 'oil': Russia and Norway).
The economic recovery, now evident in the Pacific, has revived the demand for energy, therefore, to characterize the month of May was the blaze which affected the price of oil:
crude oil have moved in just over a month, from 45 to almost $ 70 a barrel and the increase in volatility (as evidenced by the enlargement of Bollinger bands) seems to indicate that the race is almost expired.
this increase could trigger inflationary currently not provided by central banks, the effects of which are protecting the financial markets through the purchase of precious metals:
is the case of gold, which is again affecting the maximum around $ 1,000 an ounce
or platinum in the uptrend seems to take effect:
in my opinion, both metals may be considered as an object of investment.
for equity markets, while the price movement continues to suggest a continuation of the uptrend assessments and other indicators suggest some caution.
one hand, the positive signals coming from:
1) the gradual recovery in prices of corporate bonds, a sign that the financial community sees a positive expectations of default;
2) is the index CRB commodity is the Baltic Dry Index will continue the upward trend
3) assessments of the S & P 500, based on P / E of Shiller, indicate quotations undoubtedly attractive in relation to the average of the last 20 years
down ' other aspects of caution:
1) reduction in volatility and volume, indicating a possible exhaustion, or at least slow, the current trend
2) the spread between yields on U.S. government bonds to 10 years and remains at 2 years 'on call': symptom that financial markets expect further confirmation regarding the economic recovery, especially investors want to get some light on what the consequences of the massive government interventions to support the economy
Monday, May 4, 2009
Worth Of Single Black Pearl
1: Analysis P/E10
Usually we tend to assess the market based on multiple, more or less common. the most immediate and popular is definitely the P / E, or the price (of a share, index, etc ...) divided the profits.
commonly considered to express, with this figure, how many years are necessary because an investment is paid off through the profits made by companies in which it invests. Technically it comes to discounting future cash flows, and so on.
I do not like, for one simple reason.
as it is not easy to estimate the future profitability of a company (or index, as in our case) and often the forecasts of analysts are also constrained by factors not strictly economic or financial one tends to use the so-called 'retained earnings' (as Reported earnings) over the last twelve months.
at this point the P / E expresses the ratio between the current price and the gains already made: a contradiction if we are convinced that in reality the market discounts the expected future returns.
also in times of particular volatility is the market is earnings this report may be particularly ineffective: for example, the S & P 500 ended 2008 at 903 points, with the loss of $ 23 per share for the fourth quarter's total profits for 2008 were $ 14.88 per share: this implies a P / E above 60!
early as 1934 one of the main proponents of value investing, Benjamin Graham, had proposed to use instead of the simple 'as Reported earnings' of the last twelve months, an average of real earnings (that is actually achieved and adjusted for inflation) over the last ten years.
this approach, which was later taken over and relaunched in recent years, Nobel laureate economist Robert Shiller, an estimate more consistent on the state of assessing the market.
just to give you an idea, at the close of the first quarter of 2009 P/E10 so determined gave a value of 15.6 to be compared with an average history of 16.1.
this chart, as well as an indication that the market in this period is not particularly convenient, suggests quite explicitly the strong correlation between growth in the S & P500 and increased P/E10. among other things, we can verify that, whenever the P/E10 increased from the first quintile (ie a ratio greater than 20) in the fourth quintile (between 10.9 and 14.1) then inevitably has continued down to the fifth quintile (less than 10.9).
on this point has also built a solid starting point for hikes and long-term returns in triple digit:
Now, to get a P/E10 less than 10.9 (or possibly a single digit) need two things, either individually or combined together:
1) a fall in prices of the index (and in this case could not be fetched review the S & P 500 to trade at the 600 points)
2) a substantial increase in profits, given the current state of the economy, I think, unfortunately, the less likely hypothesis 
Usually we tend to assess the market based on multiple, more or less common. the most immediate and popular is definitely the P / E, or the price (of a share, index, etc ...) divided the profits.
commonly considered to express, with this figure, how many years are necessary because an investment is paid off through the profits made by companies in which it invests. Technically it comes to discounting future cash flows, and so on.
I do not like, for one simple reason.
as it is not easy to estimate the future profitability of a company (or index, as in our case) and often the forecasts of analysts are also constrained by factors not strictly economic or financial one tends to use the so-called 'retained earnings' (as Reported earnings) over the last twelve months.
at this point the P / E expresses the ratio between the current price and the gains already made: a contradiction if we are convinced that in reality the market discounts the expected future returns.
also in times of particular volatility is the market is earnings this report may be particularly ineffective: for example, the S & P 500 ended 2008 at 903 points, with the loss of $ 23 per share for the fourth quarter's total profits for 2008 were $ 14.88 per share: this implies a P / E above 60!
early as 1934 one of the main proponents of value investing, Benjamin Graham, had proposed to use instead of the simple 'as Reported earnings' of the last twelve months, an average of real earnings (that is actually achieved and adjusted for inflation) over the last ten years.
this approach, which was later taken over and relaunched in recent years, Nobel laureate economist Robert Shiller, an estimate more consistent on the state of assessing the market.
just to give you an idea, at the close of the first quarter of 2009 P/E10 so determined gave a value of 15.6 to be compared with an average history of 16.1.
this chart, as well as an indication that the market in this period is not particularly convenient, suggests quite explicitly the strong correlation between growth in the S & P500 and increased P/E10. among other things, we can verify that, whenever the P/E10 increased from the first quintile (ie a ratio greater than 20) in the fourth quintile (between 10.9 and 14.1) then inevitably has continued down to the fifth quintile (less than 10.9).
on this point has also built a solid starting point for hikes and long-term returns in triple digit:
Now, to get a P/E10 less than 10.9 (or possibly a single digit) need two things, either individually or combined together:
1) a fall in prices of the index (and in this case could not be fetched review the S & P 500 to trade at the 600 points)
2) a substantial increase in profits, given the current state of the economy, I think, unfortunately, the less likely hypothesis
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