Chasing The Bull

The New York Fed has an interesting series of maps shows the year-over-year home price changes for the last ~10 years:

http://www.newyorkfed.org/home-price-index

I saw this article online has some considerations that back up the strategy of using momentum as a primary driver of trading:

http://advisorperspectives.com/dshort/guest/BP-120507-How-to-Beat-the-Ma...

This ... I like:

I've been bribed by the prospect of winning an iPad to blog the announcement that Image-Line Software is releasing an iPad/iPhone/iPod Touch version of its popular digital audio workstation (DAW) software. Here is a link to their announcement:

http://www.image-line.com/documents/news.php?entry_id=1307332924&title=g...

And here is a video about it:

I use the Windows version of FL Studio as my main DAW for my musical endeavors. This mobile version looks to me to be more of a toy, but that's not necessarily a bad thing.

Clever commercial... my only real issue with this car from Nissan is that it can't be charged using a standard outlet (unlike the Chevy Volt).

I hadn't been to the post office in a while. Today I was there and while standing in the fairly slow moving line I was looking around thinking to myself - 'they couldn't make this place much more depressing if they tried'. About the same time two people in line with me struck up a conversation with each other about how pathetic the post office was and how they try to only go there if it is absolutely necessary (I believe one of them actually said 'this is worse than the DMV'). I know about the internet killing the postal service and all.... from my experience today it seems like they've pretty much given up....

TomTom: 1
Garmin: 0

For most of this year - there has been a lot of talk in general about how great the balance sheets of US companies are. That has always seemed odd to me... how is it that they have been spending money for years like there is no tomorrow, then the economy goes in the toilet, and now all the sudden everybody is doing great?

I saw this article today that might explain it:

http://www.marketwatch.com/story/the-biggest-lie-about-us-companies-2010...

My market trend predictor is signaling a turn in the market:

http://www.chasingthebull.com/Market_Trend

It is interesting to note that it shows the market moving sideways (rather than down) for a while. It will be interesting to see what happens.