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	<title>Econohistory</title>
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			<item>
		<title>Alpha Forex &#8211; Rankings</title>
		<link>http://econohistory.com/article/1542?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=alpha-forex-rankings</link>
		<comments>http://econohistory.com/article/1542#comments</comments>
		<pubDate>Thu, 18 Mar 2010 09:34:38 +0000</pubDate>
		<dc:creator>Orpheus</dc:creator>
				<category><![CDATA[Forex]]></category>
		<category><![CDATA[Global Pairs]]></category>

		<guid isPermaLink="false">http://econohistory.com/?p=1542</guid>
		<description><![CDATA[When it came to dealing with forex, I always had to rethink whether performance cycles will work on Forex. The thoughts which came to mind was &#8220;Mukul forex is a pair too&#8221;, so performance cycles should work on forex too, irrespective of anything. When Orpheus was travelling to Sofia and Skopje, we were told clearly [...]]]></description>
			<content:encoded><![CDATA[<p>When it came to dealing with forex, I always had to rethink whether performance cycles will work on Forex. The thoughts which came to mind was &#8220;Mukul forex is a pair too&#8221;, so performance cycles should work on forex too, irrespective of anything. When Orpheus was travelling to Sofia and Skopje, we were told clearly to focus on EUR DOLLAR. We also had some other queries for FOREX. I took this opportunity and starting pairing up forex assets, to see if forex too can be demystified. Here it is, Alpha forex &#8211; ranked with Gold, Brent and Oil.</p>
<p>The product covers the following assets. 4. BRT- (Brent) 5: SSEK.L (Short Swedish Krona) 6: LAUD.L (Long Australian Dollar) 7: LCAD.L (Long Canadian Dollar) 8: LGBP.L (long British Pound Index) 9: LJPY.L (Long Japanese Yen) 0: LNZD.L (Long New Zealand Dollar) 1: =USD (Dollar Index)</p>
<p>We will be updating the strategy updates shortly.</p>
<p><strong>Numeric Ranking</strong></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/A.FOREX_.180310.png"><img class="aligncenter size-full wp-image-1541" title="A.FOREX.180310" src="http://econohistory.com/wp-content/eh_files/2010/03/A.FOREX_.180310.png" alt="" width="452" height="253" /></a></p>
<p><strong>Performance Cycles</strong></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/A.FOREX_.CYCLES.180310.gif"><img class="aligncenter size-full wp-image-1540" title="A.FOREX.CYCLES.180310" src="http://econohistory.com/wp-content/eh_files/2010/03/A.FOREX_.CYCLES.180310.gif" alt="" width="1352" height="1131" /></a></p>
<p>ALPHA is a pair trading, long only &#8211; short only strategy and numeric ranking product based on TIME fractals.  Time arbitrage, Time Triads, Time fractals are terms coined by Orpheus Research. The signals are carried over three different time frames viz. sub minor (2-3 days), minor (10-30 days) and intermediate (above 30 days). This is a daily signal product. The signals will be illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. This is a part of the time triads analytics developed by Orpheus Research.</p>
<p>Assets Covered : 1: SNOK.L (Short Norwegian Krone) 2: GCZ0 (Gold) 3: DDSH0 (Silver)	4. BRT- (Brent)	5: SSEK.L (Short Swedish  Krona) 6: LAUD.L (Long Australian Dollar) 7: LCAD.L (Long Candian Dollar) 8: LGBP.L (long British Pound Index) 9: LJPY.L (Long Japanese Yen) 10: LNZD.L (Long New Zealan Dollar) 11: =USD (Dollar Index)</p>
<p>*This is a strategy product. Long Short strategies are not riskless strategies. Please mail us for a detailed working or consult a local financial risk manager to execute these pairs. For more details please subscribe to the ORPHEUS TIME ANALYTICS research products.</p>
<p><a href="http://www.orpheus.asia/orpheus/login.php">To login to the member&#8217;s area  or  access Orpheus estore click here.</a></p>
<p><a href="https://commerce.uk.reuters.com/purchase/advancedSearch.do?providerList=38902">ORPHEUS RESEARCH AT REUTERS &#8211; UNITED KINGDOM</a></p>
<p><a href="https://commerce.us.reuters.com/purchase/advancedSearch.do?providerList=38902">ORPHEUS RESEARCH AT REUTERS &#8211; USA</a></p>
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		<title>Alpha Energy &#8211; Can Halliburton deliver 100% against Energy complex?</title>
		<link>http://econohistory.com/article/1531?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=alpha-energy-updated</link>
		<comments>http://econohistory.com/article/1531#comments</comments>
		<pubDate>Wed, 17 Mar 2010 09:28:20 +0000</pubDate>
		<dc:creator>Orpheus</dc:creator>
				<category><![CDATA[Energy Pairs and Assets]]></category>

		<guid isPermaLink="false">http://econohistory.com/?p=1531</guid>
		<description><![CDATA[You may dismiss this as just another coincidence. But the reality is that markets are more inefficient than believed. Inter sector divergences can deliver more than risk free return and there is no hedging without understanding of time (performance cycles).
Starting 14 Oct 2008 to 12 Jan 2010, long Halliburton, short AIGE (Energy Index ETC) delivered [...]]]></description>
			<content:encoded><![CDATA[<p>You may dismiss this as just another coincidence. But the reality is that markets are more inefficient than believed. Inter sector divergences can deliver more than risk free return and there is no hedging without understanding of time (performance cycles).</p>
<p>Starting 14 Oct 2008 to 12 Jan 2010, long Halliburton, short AIGE (Energy Index ETC) delivered 123%. This was 99% annualized gains. Anadarko is still running outperformance pair against AIGE (Energy Complex Index ETC) up 14% since 8 Feb 2010.</p>
<p>The latest alpha energy carries numeric rankings for top 30 energy assets. We have replaced some stocks with Petroleum, Carbon, Heating Oil, Nat GAS ETC&#8217;s.</p>
<p><strong>Strategy Update</strong></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/A.E.SU_.180310.png"><img class="aligncenter size-full wp-image-1538" title="A.E.SU.180310" src="http://econohistory.com/wp-content/eh_files/2010/03/A.E.SU_.180310.png" alt="" width="437" height="546" /></a></p>
<p><strong>Numeric Ranking</strong></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/A.E.NR_.170310.png"><img class="aligncenter size-full wp-image-1533" title="A.E.NR.170310" src="http://econohistory.com/wp-content/eh_files/2010/03/A.E.NR_.170310.png" alt="" width="605" height="622" /></a></p>
<p>Performance Cycles</p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/A.E.CYCLES.170310.png"><img class="aligncenter size-full wp-image-1532" title="A.E.CYCLES.170310" src="http://econohistory.com/wp-content/eh_files/2010/03/A.E.CYCLES.170310.png" alt="" width="1942" height="1582" /></a></p>
<p>ALPHA is a pair trading, long only &#8211; short only strategy and numeric ranking product based on TIME fractals.  Time arbitrage, Time Triads, Time fractals are terms coined by Orpheus Research. The signals are carried over three different time frames viz. sub minor (2-3 days), minor (10-30 days) and intermediate (above 30 days). This is a daily signal product. The signals will be illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. This is a part of the time triads analytics developed by Orpheus Research.</p>
<p>Assets Covered : Nat Gas ETC, XLE Spdr, Schlumberger, Conoco Phillips, Occidental Petroleum, Chevron, Exxon, Apache Corporation, Anadarko petroleum, Gazprom, Nat Gas Spot, Devon Energy, Halliburton, XTO Energy, Transocean, Marathon Oil, EOG Resources, National Oilwell, Hess, Chesapeake, South Western, Diamond Offshore, Baker Hughes, Weatherford, Carbon, Heating Oil, Petroleum, Petroleum</p>
<p>*This is a strategy product. Long Short strategies are not riskless strategies. Please mail us for a detailed working or consult a local financial risk manager to execute these pairs. For more details please subscribe to the ORPHEUS TIME ANALYTICS research products.</p>
<p><a href="http://www.orpheus.asia/orpheus/login.php">To login to the member&#8217;s area  or  access Orpheus estore click here.</a></p>
<p><a href="https://commerce.uk.reuters.com/purchase/advancedSearch.do?providerList=38902">ORPHEUS RESEARCH AT REUTERS &#8211; UNITED KINGDOM</a></p>
<p><a href="https://commerce.us.reuters.com/purchase/advancedSearch.do?providerList=38902">ORPHEUS RESEARCH AT REUTERS &#8211; USA</a></p>
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		<title>Alpha.Metals &#8211; Can lead deliver 100% against Gold?</title>
		<link>http://econohistory.com/article/1527?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=alpha-metals-can-lead-deliver-100-against-gold</link>
		<comments>http://econohistory.com/article/1527#comments</comments>
		<pubDate>Tue, 16 Mar 2010 12:08:35 +0000</pubDate>
		<dc:creator>Orpheus</dc:creator>
				<category><![CDATA[Metal Pairs]]></category>

		<guid isPermaLink="false">http://econohistory.com/?p=1527</guid>
		<description><![CDATA[Well this question is similar to the one we asked on Platinum price divergence against Gold. Platinum delivered 80% against Gold. The lead &#8211; gold pair delivered back to 100% returns. First it was short lead long AIGP (precious metals Index) from 5 August 08 till 23 Feb 09 and then Long lead and short [...]]]></description>
			<content:encoded><![CDATA[<p>Well this question is similar to the one we asked on Platinum price divergence against Gold. Platinum delivered 80% against Gold. The lead &#8211; gold pair delivered back to 100% returns. First it was short lead long AIGP (precious metals Index) from 5 August 08 till 23 Feb 09 and then Long lead and short AIGP from 24 Feb 09 to 21 Sep 09. Both times the pair delivered 100% plus. How is this possible? This is because of hedge inefficiency. Markets are more inefficient than popularly believed.</p>
<p>The other running pairs are working with long silver (short copper, short platinum, short AIGP). The latest ALPHA.METALS carries numeric ranking, numeric ranking changes, and performance and pair cycles.<br />
We are awaiting a turn signal on lead i.e. Long Lead and Short AIGP.</p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/a.m.su_.160310.png"><img src="http://econohistory.com/wp-content/eh_files/2010/03/a.m.su_.160310.png" alt="" title="a.m.su.160310" width="944" height="554" class="aligncenter size-full wp-image-1529" /></a></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/a.m.nr_.150310.png"><img src="http://econohistory.com/wp-content/eh_files/2010/03/a.m.nr_.150310.png" alt="" title="a.m.nr.150310" width="765" height="456" class="aligncenter size-full wp-image-1528" /></a></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/A.M.CYCLES.150310.png"><img src="http://econohistory.com/wp-content/eh_files/2010/03/A.M.CYCLES.150310.png" alt="" title="A.M.CYCLES.150310" width="1803" height="1603" class="aligncenter size-full wp-image-1526" /></a></p>
<p>ALPHA is a pair trading, long only &#8211; short only strategy and numeric ranking product based on TIME fractals. Time arbitrage, Time Triads, Time fractals are terms coined by Orpheus Research. The signals are carried over three different time frames viz. sub minor (2-3 days), minor (10-30 days) and intermediate (above 30 days). This is a daily signal product. The signals will be illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. This is a part of the time triads analytics developed by Orpheus Research.</p>
<p>METALS: STEEL, ZINC, NICKEL, TIN, ALUMINIUM, URANIUM, GOLD, SILVER, LEAD</p>
<p>STOP LOSS AND EXITS are activated at 2%</p>
<p>Please feel free to mail us for any clarifications. *This is a strategy product. Long Short strategies are not riskless strategies. Please mail us for a detailed working or consult a local financial risk manager to execute these pairs. For more details please subscribe to the ORPHEUS TIME ANALYTICS research products.</p>
<p><a href="http://www.orpheus.asia/orpheus/login.php">To login to the member&#8217;s area  or  access Orpheus estore click here.</a></p>
<p><a href="https://commerce.uk.reuters.com/purchase/advancedSearch.do?providerList=38902">ORPHEUS RESEARCH AT REUTERS &#8211; UNITED KINGDOM</a></p>
<p><a href="https://commerce.us.reuters.com/purchase/advancedSearch.do?providerList=38902">ORPHEUS RESEARCH AT REUTERS &#8211; USA</a></p>
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		<title>Alpha.Bonds &#8211; Arbitraging Romanian Yields</title>
		<link>http://econohistory.com/article/1522?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=alpha-bonds-arbitraging-romanian-yields</link>
		<comments>http://econohistory.com/article/1522#comments</comments>
		<pubDate>Mon, 15 Mar 2010 06:41:18 +0000</pubDate>
		<dc:creator>Orpheus</dc:creator>
				<category><![CDATA[Bonds]]></category>
		<category><![CDATA[Global Pairs]]></category>
		<category><![CDATA[Romanian Pairs and Assets]]></category>

		<guid isPermaLink="false">http://econohistory.com/?p=1522</guid>
		<description><![CDATA[Geographical biases are so strong that either investors are too optimistic about them or too pessimistic. Take the example of Romanian equity. Market participants were so negative about the markets that equity delivered handsome returns in 2009. We can’t change mindsets, what we can do is illustrate workability when it is assumed that none exists. [...]]]></description>
			<content:encoded><![CDATA[<p>Geographical biases are so strong that either investors are too optimistic about them or too pessimistic. Take the example of Romanian equity. Market participants were so negative about the markets that equity delivered handsome returns in 2009. We can’t change mindsets, what we can do is illustrate workability when it is assumed that none exists. In this issue of ALPHA.BONDS we have introduced Romanian 6M, 1Y, 3Y, 10Y series along with the regular German and American prices. Guess what? You can not only rank Romanian Bonds along with other bond prices from other global regions, you can also arbitrage between Romanian bonds, say Long RO 10Y, Short RO 1Y or vice versa. The last trade between RO1Y and RO10Y delivered 15%. The latest alpha bonds carry numeric rankings updates, change in numeric rankings and performance cycles.</p>
<p><strong>Numeric Ranking</strong></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/a.b.rom_.nr_.150310.png"><img class="aligncenter size-full wp-image-1524" title="a.b.rom.nr.150310" src="http://econohistory.com/wp-content/eh_files/2010/03/a.b.rom_.nr_.150310.png" alt="" width="477" height="303" /></a></p>
<p><strong>Strategy Update</strong></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/a.b.rom_.su_.150310.png"><img class="aligncenter size-full wp-image-1523" title="a.b.rom.su.150310" src="http://econohistory.com/wp-content/eh_files/2010/03/a.b.rom_.su_.150310.png" alt="" width="464" height="296" /></a></p>
<p><strong>Performance Cycles</strong></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/A.B.ROM_.150310.png"><img class="aligncenter size-full wp-image-1521" title="A.B.ROM.150310" src="http://econohistory.com/wp-content/eh_files/2010/03/A.B.ROM_.150310.png" alt="" width="1313" height="1454" /></a></p>
<p><a href="http://www.orpheus.asia/orpheus/login.php">To login to the member&#8217;s area or access Orpheus estore click here.</a></p>
<p>ALPHA is a pair trading, long only &#8211; short only strategy and numeric ranking product based on TIME fractals. Time arbitrage, Time Triads, Time fractals are terms coined by Orpheus Research. The signals are carried over three different time frames viz. sub minor (2-3 days), minor (10-30 days) and intermediate (above 30 days). This is a daily signal product. The signals will be illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. This is a part of the time triads analytics developed by Orpheus Research.</p>
<p>BONDS: GERMAN BONDS, AMERICAN BONDS, JAPANESE BONDS (2, 5, 10, 30 YEAR)</p>
<p>STOP LOSS AND EXITS are activated at 2%</p>
<p>‘Performance cycles’ is a term coined by Orpheus Capitals. This is another name for time triads, time arbitrage, time fractals but expressed in terms of relative performance. It’s a bounded oscillator that moves in a range say from 1 to 30. 1 is top relative performance and 30 is worst performance. The idea is that performance is cyclical. A top performer will underperform in future and vice versa. A top relative performer is also the worst value pick and the top relative underperformer is the best value pick.</p>
<p>Please feel free to mail us for any clarifications. *This is a strategy product. Long Short strategies are not riskless strategies. Please mail us for a detailed working or consult a local financial risk manager to execute these pairs. For more details please subscribe to the ORPHEUS TIME ANALYTICS research products.</p>
<p><a href="https://commerce.uk.reuters.com/purchase/advancedSearch.do?providerList=38902">ORPHEUS RESEARCH AT REUTERS &#8211; UNITED KINGDOM</a></p>
<p><a href="https://commerce.us.reuters.com/purchase/advancedSearch.do?providerList=38902">ORPHEUS RESEARCH AT REUTERS &#8211; USA</a></p>
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		<title>Alpha.Romania &#8211; Pharma starts to outperform</title>
		<link>http://econohistory.com/article/1516?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=alpha-romania-pharma-starts-to-outperform</link>
		<comments>http://econohistory.com/article/1516#comments</comments>
		<pubDate>Mon, 15 Mar 2010 04:03:34 +0000</pubDate>
		<dc:creator>Orpheus</dc:creator>
				<category><![CDATA[Romanian Pairs and Assets]]></category>

		<guid isPermaLink="false">http://econohistory.com/?p=1516</guid>
		<description><![CDATA[Numeric Ranking

Strategy Update
Performance Cycles

As anticipated, the defensive outperformance which we presented on 28 of February&#8217;s edition of Alpha.Rom starts to deliver. Both BIO and ATB moved up on absolute as well as relative terms. We initiate the pharmaceutical pair trades today. TEL, the top numeric ranking stock, starts underperforming BETXT, therefore we initiate a short [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Numeric Ranking</strong></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/A.R.NR_.150310.png"><img class="aligncenter size-full wp-image-1517" title="A.R.NR.150310" src="http://econohistory.com/wp-content/eh_files/2010/03/A.R.NR_.150310.png" alt="" width="497" height="478" /></a></p>
<p><strong>Strategy Update</strong></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/A.R.S.U.150310.png"><img class="aligncenter size-full wp-image-1518" title="A.R.S.U.150310" src="http://econohistory.com/wp-content/eh_files/2010/03/A.R.S.U.150310.png" alt="" width="881" height="1120" /></a><strong>Performance Cycles</strong></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/A.R.C.150310.png"><img class="aligncenter size-full wp-image-1519" title="A.R.C.150310" src="http://econohistory.com/wp-content/eh_files/2010/03/A.R.C.150310.png" alt="" width="1797" height="3321" /></a></p>
<p>As anticipated, the defensive outperformance which we presented on 28 of February&#8217;s edition of Alpha.Rom starts to deliver. Both BIO and ATB moved up on absolute as well as relative terms. We initiate the pharmaceutical pair trades today. TEL, the top numeric ranking stock, starts underperforming BETXT, therefore we initiate a short TEL-long BETXT pair. ALR, which was the worst ranking NR also delivered. We initiate a trade here on long ALR &#8211; short BETXT.</p>
<p>As for the four pairs that we initiated last week there are ALL running and positive. CMP-BETXT moved up from 9% to 16%, BRK-BETXT moved up registering 10% gains week-over-week and BETXT &#8211; SIF5 marginally up 1%.</p>
<p>The historical COMI &#8211; BETXT pair moves up from 308% TO 317% gain. DAFR, SNP and RRC continue to deliver positive performance against betxt.  The BETXT &#8211; TGN pair is running and stagnating, our returns are flat but contrary to popular belief TGN fails to deliver.</p>
<p>Our next week edition on Alpha.Rom should see expected reversals of BRD and TLV that should open outperformance against BETXT shortly.</p>
<p>The latest ALPHA.ROM carries the latest numeric ranking on BETXT stocks,  numeric ranking changes, long only-short only signals, performance and pair cycles  and strategy updates.TGN, TEL and IMP top ranked stocks and PTR, TLV, BRD are the worst.</p>
<p><strong>Alpha</strong> is a pair trading, long only &#8211; short only strategy and numeric ranking product based on TIME fractals. Time arbitrage, Time Triads, Time fractals are terms coined by Orpheus Research. The signals are carried over three different time frames viz. sub minor (2-3 days), minor (10-30 days) and intermediate (above 30 days). This is a daily signal product. The signals will be illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. This is a part of the time triads analytics developed by Orpheus Research.</p>
<p><strong>Performance cycles</strong> is a term coined by Orpheus Capitals. This is another name for time triads, time arbitrage, time fractals but expressed in terms of relative performance. It’s a bounded oscillator that moves in a range say from 1 to 30. 1 is top relative performance and 30 is worst performance. The idea is that performance is cyclical. A top performer will underperform in future and vice versa. A top relative performer is also the worst value pick and the top relative underperformer is the best value pick.</p>
<p><strong>Time Arbitrage</strong> portfolio has five pairs now viz. BRD-BET, BETXT-SNP, SIF2-SIF5, BRD-BETXT, BET-SNP. The above tracker will be updated on a daily basis. The freshly opened trades will have the shortest holding periods. Minor degree averaged 10-30 days and intermediate degree trade averages above 30 days. The legs should be risk weighted before any implementation. We are assuming a running stop loss of 2% per traded pair. SIF2/SIF5 +A-B means LONG SIF2, SHORT SIF5. While SIF2/SIF5 –A+B means SHORT SIF2, LONG SIF5.</p>
<p><strong>Coverage</strong>: SIF2, SIF5, SIF4, BRD, ERSTE, TGN, BETI, BETFI, BETNG, BETXT, SNP, DAFORA, TERAPLAST, ATB, BIO, BCC</p>
<p><strong>Stop loss and Exits</strong> are activated at 4%</p>
<p>Please feel free to mail us for any clarifications. *This is a strategy product. Long Short strategies are not riskless strategies. Please mail us for a detailed working or consult a local financial risk manager to execute these pairs. For more details please subscribe to the ORPHEUS TIME ANALYTICS research products.</p>
<p><strong>Time</strong> is a social construct and we see time through the life and nature around us. Understanding time can not only give a unifying theory to research of a few thousand years, but also help us understand the world we live in. Time evolves, oscillates and continues. Time comes before everything, but we don’t see it. We just feel it. We believe what we see and this is why understanding what we don’t see is a challenge. Understanding time could bring more than a conventional thought down, it’s a revolution, which could rock the very foundation of economic thought or the geometric structures Euclid laid down in 300 BC. We are at the start of the journey, but if time is indeed the real mathematics, we could see high accuracy in time forecasts.</p>
<p><strong>Econohistory</strong> is the study of performance cycles between assets. Cycles are the generic name for time fractals. Performance cycles can be studied for any time frame, for as small as a tick data to multiyear time frames. This objective approach to performance cyclicality can explain why intermarket analysis is an area of study? Why bonds and commodities tend to be inversely related? What is the connection of Oil with world markets? Why the world watches DOW sometimes and sometimes a 500 point effect on DOW seems to have no impact? Why correlation between assets moves from near perfect at times to weak correlation at other times? Why the same news has different impact on a stock or market? Why equities and bond trend together and why the relationship decouples sometime? When will inflation become deflation, disinflation, stagflation or hyperinflation? When and why does gold outperform and underperform silver? Econohistory can objectively answer these questions, using performance cycles, time fractals and past data. Economic history is mathematical.</p>
<p><a href="http://www.orpheus.asia/orpheus/login.php">To login to the member&#8217;s area  or  access Orpheus estore click here.</a></p>
<p><a href="https://commerce.uk.reuters.com/purchase/advancedSearch.do?providerList=38902">ORPHEUS RESEARCH AT REUTERS &#8211; UNITED KINGDOM</a></p>
<p><a href="https://commerce.us.reuters.com/purchase/advancedSearch.do?providerList=38902">ORPHEUS RESEARCH AT REUTERS &#8211; USA</a></p>
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		<title>Alpha India updated</title>
		<link>http://econohistory.com/article/1513?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=alpha-india-updated</link>
		<comments>http://econohistory.com/article/1513#comments</comments>
		<pubDate>Sun, 14 Mar 2010 21:32:23 +0000</pubDate>
		<dc:creator>Orpheus</dc:creator>
				<category><![CDATA[Indian Pairs and Assets]]></category>
		<category><![CDATA[alpha]]></category>

		<guid isPermaLink="false">http://econohistory.com/?p=1513</guid>
		<description><![CDATA[Performance cycles I

Performance cycles II

ALPHA is a pair trading, long only &#8211; short only strategy and Numeric Ranking product based on TIME fractals. Time arbitrage, Time Triads, Time fractals are terms coined by Orpheus Research. The signals are carried over three different time frames viz. sub minor (2-3 days), minor (10-30 days) and intermediate (above [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Performance cycles I</strong></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/AI.CYCLES.I.140310.png"><img class="aligncenter size-full wp-image-1511" title="AI.CYCLES.I.140310" src="http://econohistory.com/wp-content/eh_files/2010/03/AI.CYCLES.I.140310.png" alt="" width="2282" height="1654" /></a></p>
<p><strong>Performance cycles II</strong></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/AI.CYCLES.II_.140310.png"><img class="aligncenter size-full wp-image-1512" title="AI.CYCLES.II.140310" src="http://econohistory.com/wp-content/eh_files/2010/03/AI.CYCLES.II_.140310.png" alt="" width="2249" height="1660" /></a></p>
<p>ALPHA is a pair trading, long only &#8211; short only strategy and Numeric Ranking product based on TIME fractals. Time arbitrage, Time Triads, Time fractals are terms coined by Orpheus Research. The signals are carried over three different time frames viz. sub minor (2-3 days), minor (10-30 days) and intermediate (above 30 days). This is a daily signal product. The signals will be illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. This is a part of the time triads analytics developed by Orpheus Research.</p>
<p>TIME ARBITRAGE portfolio has 18 pairs CNXIT-NIFTY, RELIANCE-NIFTY, TCS-NIFTY, ONGC-NIFTY, INFOSYS-CNXIT, ONGC-RELIANCE, HDBK-ICBK, BHEL-ACC, GRAS-LNT, HLL-ITC, SBI-HDFC, NIFTY-STERLITE, NIFTY-HDBK, SBI-NIFTY, BHEL-NIFTY, NIFTY-ACC, TCS-CNXIT and SBI-HDBK. Minor degree averaged 10-30 days and intermediate degree trade averages above 30 days. The legs should be risk weighted before any implementation. We are assuming a running stop loss of 4% per traded pair. CNXIT/INFOSYS +A-B means LONG CNXIT, SHORT INFOSYS. While CNXIT/INFOSYS –A+B means SHORT CNXIT, LONG INFOSYS.</p>
<p>LONG ONLY, SHORT ONLY portfolio covers NIFTY, CNXIT, NSEBANK, RELIANCE, INFOSYS, ONGC, CIPLA, ICICI BANK, HDFC BANK, TISCO, BHEL, ACC, GRASIM, L&amp;T, HLL, ITC, SBI, HDFC, STERLITE</p>
<p>STOP LOSS AND EXITS are activated at 4%</p>
<p>Performance cycles is a term coined by Orpheus Capitals. This is another name for time triads, time arbitrage, time fractals but expressed in terms of relative performance. It’s a bounded oscillator that moves in a range say from 1 to 30. 1 is top relative performance and 30 is worst performance. The idea is that performance is cyclical. A top performer will underperform in future and vice versa. A top relative performer is also the worst value pick and the top relative underperformer is the best value pick.</p>
<p>*This is a strategy product. Long Short strategies are not riskless strategies. Please mail us for a detailed working or consult a local financial risk manager to execute these pairs. For more details please subscribe to the ORPHEUS TIME ANALYTICS research products.</p>
<p>Time is a social construct and we see time through the life and nature around us. Understanding time can not only give a unifying theory to research of a few thousand years, but also help us understand the world we live in. Time evolves, oscillates and continues. Time comes before everything, but we don’t see it. We just feel it. We believe what we see and this is why understanding what we don’t see is a challenge. Understanding time could bring more than a conventional thought down, it’s a revolution, which could rock the very foundation of economic thought or the geometric structures Euclid laid down in 300 BC. We are at the start of the journey, but if time is indeed the real mathematics, we could see high accuracy in time forecasts.</p>
<p>Econohistory is the study of performance cycles between assets. Cycles are the generic name for time fractals. Performance cycles can be studied for any time frame, for as small as a tick data to multiyear time frames. This objective approach to performance cyclicality can explain why intermarket analysis is an area of study? Why bonds and commodities tend to be inversely related? What is the connection of Oil with world markets? Why the world watches DOW sometimes and sometimes a 500 point effect on DOW seems to have no impact? Why correlation between assets moves from near perfect at times to weak correlation at other times? Why the same news has different impact on a stock or market? Why equities and bond trend together and why the relationship decouples sometime? When will inflation become deflation, disinflation, stagflation or hyperinflation? When and why does gold outperform and underperform silver? Econohistory can objectively answer these questions, using performance cycles, time fractals and past data. Economic history is mathematical.</p>
<p><a href="http://www.orpheus.asia/orpheus/login.php">To login to the member&#8217;s area or access Orpheus estore click here.</a></p>
<p><a href="https://commerce.uk.reuters.com/purchase/advancedSearch.do?providerList=38902">ORPHEUS RESEARCH AT REUTERS &#8211; UNITED KINGDOM</a></p>
<p><a href="https://commerce.us.reuters.com/purchase/advancedSearch.do?providerList=38902">ORPHEUS RESEARCH AT REUTERS &#8211; USA</a></p>
<p><a name="fb_share"></a><script src="http://static.ak.fbcdn.net/connect.php/js/FB.Share" type="text/javascript"></script></p>
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		<title>Orpheus Webinars &#8211; Performance Cycles</title>
		<link>http://econohistory.com/article/1503?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=orpheus-webinars-performance-cycles</link>
		<comments>http://econohistory.com/article/1503#comments</comments>
		<pubDate>Thu, 11 Mar 2010 11:19:40 +0000</pubDate>
		<dc:creator>Orpheus</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://econohistory.com/?p=1503</guid>
		<description><![CDATA[
Date: Wednesday, 17 Mar 2010, 18:00 (GMT+2). Participants will be able to connect starting 17:45 (GMT+2). The presentation starts 21:30 India Time.
Duration: 90 minutes
Level: introductive
Details: Mukul Pal is a Chartered Market Technician. He has more than a decade of Capital Market experience dealing with derivatives and global assets. He has worked for Bombay Stock Exchange, [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/Sibiu.png"><img class="aligncenter size-full wp-image-1504" title="Sibiu" src="http://econohistory.com/wp-content/eh_files/2010/03/Sibiu.png" alt="" width="358" height="421" /></a></p>
<p><strong>Date:</strong> Wednesday, 17 Mar 2010, 18:00 (GMT+2). Participants will be able to connect starting 17:45 (GMT+2). The presentation starts 21:30 India Time.</p>
<p><strong>Duration:</strong> 90 minutes</p>
<p><strong>Level:</strong> introductive</p>
<p><strong>Details:</strong> Mukul Pal is a Chartered Market Technician. He has more than a decade of Capital Market experience dealing with derivatives and global assets. He has worked for Bombay Stock Exchange, multinational banks and brokerage houses in leading research positions before starting Orpheus Capitals in 2005. He was nominated for the best analyst of the Romanian Capitals in 2007.</p>
<p><strong>Modules:</strong></p>
<p>- Performance is cyclical and is based on time cyclicality. A top performer will underperform in future and vice versa. All of Euro vs. Dollar, Oil vs. Natural Gas, Gold vs. Platinum, Dow vs. S&amp;p500 and even Dow vs BET pairs have performance cyclicality in them. The presentation will introduce the subject and illustrate how stock picking and trading strategies can be built around the technique. Relative performance is also referred to as Alpha.</p>
<p>- Orpheus Capitals is listed with Integrity Research Associates, New York as an independent researcher. The research startup is headed by Market Technicians from Market Technicians Association, New York. The research outfit publishes 300 research reports internationally on Reuters and Thomson platforms monthly. The coverage includes global equity, metals, forex, agro, energy, bonds and green assets. The forecasts cover asset classes across time frames. Orpheus is the only company in India, C&amp;E Europe to do intraday research on indices, futures and various other assets.</p>
<p><strong>Lector:</strong> Mukul Pal</p>
<p><span style="color: #ff6600;">Important!</span> The seminar will be presented in English.</p>
<p><a href="http://www.sibex.ro/index.php?p=webinar_add&amp;submit=Inscriere+online"><strong>Sign up here.</strong></a></p>
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		<title>Alpha CEE &#8211; How is Bulgarian BGREIT ranked?</title>
		<link>http://econohistory.com/article/1491?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=alpha-cee-how-is-bulgarian-bgreit-ranked</link>
		<comments>http://econohistory.com/article/1491#comments</comments>
		<pubDate>Sun, 07 Mar 2010 17:43:44 +0000</pubDate>
		<dc:creator>Orpheus</dc:creator>
				<category><![CDATA[Central and East European Region]]></category>

		<guid isPermaLink="false">http://econohistory.com/?p=1491</guid>
		<description><![CDATA[The latest Alpha CEE updates numeric ranking with Bulgarian BGREIT. We have carried strategy update pairs of BGREIT against Romanian BETC, Polish WIG and DOW.
Numeric Ranking

Strategy Update



ALPHA is a pair trading, long only &#8211; short only strategy and numeric ranking product based on TIME fractals.  Time arbitrage, Time Triads, Time fractals are terms coined [...]]]></description>
			<content:encoded><![CDATA[<p>The latest Alpha CEE updates numeric ranking with Bulgarian BGREIT. We have carried strategy update pairs of BGREIT against Romanian BETC, Polish WIG and DOW.</p>
<p><strong>Numeric Ranking</strong></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/nr.cee_.080310.png"><img class="aligncenter size-full wp-image-1492" title="nr.cee.080310" src="http://econohistory.com/wp-content/eh_files/2010/03/nr.cee_.080310.png" alt="" width="475" height="286" /></a></p>
<p><strong>Strategy Update</strong></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/bgreit.wig_.performance.cycle_.080310.png"><img class="aligncenter size-full wp-image-1493" title="bgreit.wig.performance.cycle.080310" src="http://econohistory.com/wp-content/eh_files/2010/03/bgreit.wig_.performance.cycle_.080310.png" alt="" width="460" height="277" /></a></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/bgreit.wig_.080310.png"><img class="aligncenter size-full wp-image-1494" title="bgreit.wig.080310" src="http://econohistory.com/wp-content/eh_files/2010/03/bgreit.wig_.080310.png" alt="" width="457" height="299" /></a><a href="http://econohistory.com/wp-content/eh_files/2010/03/bgreit.betc.080310.png"><img class="aligncenter size-full wp-image-1495" title="bgreit.betc.080310" src="http://econohistory.com/wp-content/eh_files/2010/03/bgreit.betc.080310.png" alt="" width="462" height="275" /></a></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/bgreit.betc.performance.cycle_.080310.png"><img class="aligncenter size-full wp-image-1496" title="bgreit.betc.performance.cycle.080310" src="http://econohistory.com/wp-content/eh_files/2010/03/bgreit.betc.performance.cycle_.080310.png" alt="" width="449" height="285" /></a><a href="http://econohistory.com/wp-content/eh_files/2010/03/bgreit.dow_.su_.080310.png"><a href="http://econohistory.com/wp-content/eh_files/2010/03/bgreit.dow_.su_.0803101.png"><img class="aligncenter size-full wp-image-1498" title="bgreit.dow.su.080310" src="http://econohistory.com/wp-content/eh_files/2010/03/bgreit.dow_.su_.0803101.png" alt="" width="487" height="278" /></a></a></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/bgreit.dow_.su_.2.080310.png"><img class="aligncenter size-full wp-image-1500" title="bgreit.dow.su.2.080310" src="http://econohistory.com/wp-content/eh_files/2010/03/bgreit.dow_.su_.2.080310.png" alt="" width="480" height="274" /></a>ALPHA is a pair trading, long only &#8211; short only strategy and numeric ranking product based on TIME fractals.  Time arbitrage, Time Triads, Time fractals are terms coined by Orpheus Research. The signals are carried over three different time frames viz. sub minor (2-3 days), minor (10-30 days) and intermediate (above 30 days). This is a daily signal product. The signals will be illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. This is a part of the time triads analytics developed by Orpheus Research.</p>
<p>CEE REGIONS COVERED: Serbia, Romanian Indices, Bulgaria, Austria, Poland, Czech</p>
<p>*This is a strategy product. Long Short strategies are not riskless strategies. Please mail us for a detailed working or consult a local financial risk manager to execute these pairs. For more details please subscribe to the ORPHEUS TIME ANALYTICS research products.</p>
<p>Time is a social construct and we see time through the life and nature around us. Understanding time can not only give a unifying theory to research of a few thousand years, but also help us understand the world we live in. Time evolves, oscillates and continues. Time comes before everything, but we don’t see it. We just feel it. We believe what we see and this is why understanding what we don’t see is a challenge. Understanding time could bring more than a conventional thought down, it’s a revolution, which could rock the very foundation of economic thought or the geometric structures Euclid laid down in 300 BC. We are at the start of the journey, but if time is indeed the real mathematics, we could see high accuracy in time forecasts.</p>
<p>Econohistory is the study of performance cycles between assets. Cycles are the generic name for time fractals. Performance cycles can be studied for any time frame, for as small as a tick data to multiyear time frames. This objective approach to performance cyclicality can explain why intermarket analysis is an area of study? Why bonds and commodities tend to be inversely related? What is the connection of Oil with world markets? Why the world watches DOW sometimes and sometimes a 500 point effect on DOW seems to have no impact? Why correlation between assets moves from near perfect at times to weak correlation at other times? Why the same news has different impact on a stock or market? Why equities and bond trend together and why the relationship decouples sometime? When will inflation become deflation, disinflation, stagflation or hyperinflation? When and why does gold outperform and underperform silver?  Econohistory can objectively answer these questions, using performance cycles, time fractals and past data. Economic history is mathematical.</p>
<p><a href="http://www.orpheus.asia/orpheus/login.php"><span style="color: #993300;">To login to the member&#8217;s area  or  access Orpheus estore click here.</span></a></p>
<p><a href="https://commerce.uk.reuters.com/purchase/advancedSearch.do?providerList=38902">ORPHEUS RESEARCH AT REUTERS &#8211; UNITED KINGDOM</a></p>
<p><a href="https://commerce.us.reuters.com/purchase/advancedSearch.do?providerList=38902">ORPHEUS RESEARCH AT REUTERS &#8211; USA</a></p>
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		<title>Alpha.Dow 30 &#8211; Exxon worst, Boeing best starts to deliver</title>
		<link>http://econohistory.com/article/1484?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=alpha-dow-30-exxon-worst-boeing-best-starts-to-deliver</link>
		<comments>http://econohistory.com/article/1484#comments</comments>
		<pubDate>Sun, 07 Mar 2010 17:27:25 +0000</pubDate>
		<dc:creator>Orpheus</dc:creator>
				<category><![CDATA[American Pairs and Assets]]></category>

		<guid isPermaLink="false">http://econohistory.com/?p=1484</guid>
		<description><![CDATA[This is what we said on 1 Feb
&#8220;Boeing is at the top while Exxon is at the bottom. Boeing was also the fastest change in positive ranking. The stock is up 8% from start of the year. Exxon on the other side is down 7% from the start of the year. The pair delivered 15% [...]]]></description>
			<content:encoded><![CDATA[<p>This is what we said on <a href="http://econohistory.com/article/1277">1 Feb</a></p>
<p><em>&#8220;Boeing is at the top while Exxon is at the bottom. Boeing was also the fastest change in positive ranking. The stock is up 8% from start of the year. Exxon on the other side is down 7% from the start of the year. The pair delivered 15% from start of the year (39% since 26 Oct) , as both short and long legs were profitable. Now that the pair components are at two extremes (BA at top and XOM at bottom), we should be get ready for a reversal in performance in February. We will keep you posted on the signal.&#8221;</em></p>
<p>Since 1 Feb, Short Boeing &#8211; Long Exxon is up 6%. The latest alpha Dow 30 carries Numeric ranking, numeric ranking changes, performance and pair cycles, pair trackers and long only short signals.</p>
<p><strong>Numeric Ranking</strong></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/A.US_.STOCKS.NR_.080310.png"><img class="aligncenter size-full wp-image-1485" title="A.US.STOCKS.NR.080310" src="http://econohistory.com/wp-content/eh_files/2010/03/A.US_.STOCKS.NR_.080310.png" alt="" width="493" height="555" /></a><strong> </strong></p>
<p><strong>Strategy Update<br />
</strong></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/BA.XOM_.0803101.png"><img class="aligncenter size-full wp-image-1488" title="BA.XOM.080310" src="http://econohistory.com/wp-content/eh_files/2010/03/BA.XOM_.0803101.png" alt="" width="491" height="571" /></a></p>
<p><strong><br />
Performance Cycles</strong></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/A.US_.STOCKS.C.080310.png"><img class="aligncenter size-full wp-image-1486" title="A.US.STOCKS.C.080310" src="http://econohistory.com/wp-content/eh_files/2010/03/A.US_.STOCKS.C.080310.png" alt="" width="2243" height="1690" /></a></p>
<p>ALPHA is a pair trading, long only &#8211; short only strategy and numeric ranking product based on TIME fractals. Time arbitrage, Time Triads, Time fractals are terms coined by Orpheus Research. The signals are carried over three different time frames viz. sub minor (2-3 days), minor (10-30 days) and intermediate (above 30 days). This is a daily signal product. The signals will be illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. This is a part of the time triads analytics developed by Orpheus Research.</p>
<p>Assets Covered : Alcoa, Disney, Kraft, P&amp;G, American Express, GE, Coca Cola, AT&amp;T, Boeing, Home Depot, Macdonald&#8217;s, MMM, HP, Bank of America, Travelers, United Tech, Caterpillar, IBM, Merck, Verizon, Cisco, Intel, Microsoft, Chevron, J&amp;J, Pfizer, Exxon, Dupont, JPM, Walmart</p>
<p>*This is a strategy product. Long Short strategies are not riskless strategies. Please mail us for a detailed working or consult a local financial risk manager to execute these pairs. For more details please subscribe to the ORPHEUS TIME ANALYTICS research products.</p>
<p>STOP LOSS AND EXITS are activated at 2%</p>
<p>‘Performance cycles’ is a term coined by Orpheus Capitals. This is another name for time triads, time arbitrage, time fractals but expressed in terms of relative performance. It&#8217;s a bounded oscillator that moves in a range say from 1 to 30. 1 is top relative performance and 30 is worst performance. The idea is that performance is cyclical. A top performer will underperform in future and vice versa. A top relative performer is also the worst value pick and the top relative underperformer is the best value pick.</p>
<p>Please feel free to mail us for any clarifications. *This is a strategy product. Long Short strategies are not riskless strategies. Please mail us for a detailed working or consult a local financial risk manager to execute these pairs. For more details please subscribe to the ORPHEUS TIME ANALYTICS research products.</p>
<p><a href="https://commerce.uk.reuters.com/purchase/advancedSearch.do?providerList=38902">ORPHEUS RESEARCH AT REUTERS &#8211; UNITED KINGDOM</a></p>
<p><a href="https://commerce.us.reuters.com/purchase/advancedSearch.do?providerList=38902">ORPHEUS RESEARCH AT REUTERS &#8211; USA</a></p>
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		<title>Alpha.Romania &#8211; Historically COMI delivers 310% against BETXT</title>
		<link>http://econohistory.com/article/1476?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=alpha-romania-historically-comi-delivers-310-against-betxt</link>
		<comments>http://econohistory.com/article/1476#comments</comments>
		<pubDate>Sun, 07 Mar 2010 13:29:20 +0000</pubDate>
		<dc:creator>Orpheus</dc:creator>
				<category><![CDATA[Romanian Pairs and Assets]]></category>

		<guid isPermaLink="false">http://econohistory.com/?p=1476</guid>
		<description><![CDATA[COMI outperformed BETXT by 310% from 8 May 2009. We will closely monitor the pair for the reversal signal. DAFR/BETXT a month old pair reached 21% gains. The outperformance of TEL and TGN registered 41% and 26% respectively. As anticipated last week on Alpha Romania, we reached topping performance and thus reversal signals for both [...]]]></description>
			<content:encoded><![CDATA[<p>COMI outperformed BETXT by 310% from 8 May 2009. We will closely monitor the pair for the reversal signal. DAFR/BETXT a month old pair reached 21% gains. The outperformance of TEL and TGN registered 41% and 26% respectively. As anticipated last week on Alpha Romania, we reached topping performance and thus reversal signals for both SIF5 and TGN against BETXT. Two other new pairs are BRK and CMP. Both the stocks are in for outperformance against BETXT.</p>
<p>Other new updates, starting this week we have added SIF5 Futures to the list of numerically ranked assets. We took out Zentiva and have kept the list at 25 stocks. We will be covering SIF5 &#8211; SIF 5 Futures pair strategy.  On the long only, short only portfolio we have no short signals yet, TEL delivering 11.2% in two weeks.</p>
<p>The latest ALPHA.ROM carries the latest numeric ranking on BETXT stocks, numeric ranking changes, long only-short only signals, performance and pair cycles and strategy updates.TGN, TEL and IMP top ranked stocks and PTR, TLV, BRD are the worst.</p>
<p><strong>Numeric Ranking</strong></p>
<p><strong><a href="http://econohistory.com/wp-content/eh_files/2010/03/A.R.NR_.080310.png"><img class="aligncenter size-full wp-image-1477" title="A.R.NR.080310" src="http://econohistory.com/wp-content/eh_files/2010/03/A.R.NR_.080310.png" alt="" width="493" height="461" /></a></strong></p>
<p><strong>Strategy Update</strong></p>
<p><strong><a href="http://econohistory.com/wp-content/eh_files/2010/03/A.R.SU_.080310.png"><img class="aligncenter size-full wp-image-1481" title="A.R.SU.080310" src="http://econohistory.com/wp-content/eh_files/2010/03/A.R.SU_.080310.png" alt="" width="924" height="777" /></a><br />
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<p><strong>Performance Cycles -I</strong></p>
<p><a href="http://econohistory.com/wp-content/eh_files/2010/03/A.R.C.I.080310.png"><img class="aligncenter size-full wp-image-1478" title="A.R.C.I.080310" src="http://econohistory.com/wp-content/eh_files/2010/03/A.R.C.I.080310.png" alt="" width="1797" height="1615" /></a></p>
<p><strong>Performance Cycles &#8211; II</strong></p>
<p><strong><a href="http://econohistory.com/wp-content/eh_files/2010/03/A.R.C.II_.080310.png"><img class="aligncenter size-full wp-image-1479" title="A.R.C.II.080310" src="http://econohistory.com/wp-content/eh_files/2010/03/A.R.C.II_.080310.png" alt="" width="1794" height="1625" /></a><br />
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<p><strong>Alpha</strong> is a pair trading, long only &#8211; short only strategy and numeric ranking product based on TIME fractals. Time arbitrage, Time Triads, Time fractals are terms coined by Orpheus Research. The signals are carried over three different time frames viz. sub minor (2-3 days), minor (10-30 days) and intermediate (above 30 days). This is a daily signal product. The signals will be illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. This is a part of the time triads analytics developed by Orpheus Research.</p>
<p><strong>Performance cycles</strong> is a term coined by Orpheus Capitals. This is another name for time triads, time arbitrage, time fractals but expressed in terms of relative performance. It’s a bounded oscillator that moves in a range say from 1 to 30. 1 is top relative performance and 30 is worst performance. The idea is that performance is cyclical. A top performer will underperform in future and vice versa. A top relative performer is also the worst value pick and the top relative underperformer is the best value pick.</p>
<p><strong>Time Arbitrage</strong> portfolio has five pairs now viz. BRD-BET, BETXT-SNP, SIF2-SIF5, BRD-BETXT, BET-SNP. The above tracker will be updated on a daily basis. The freshly opened trades will have the shortest holding periods. Minor degree averaged 10-30 days and intermediate degree trade averages above 30 days. The legs should be risk weighted before any implementation. We are assuming a running stop loss of 2% per traded pair. SIF2/SIF5 +A-B means LONG SIF2, SHORT SIF5. While SIF2/SIF5 –A+B means SHORT SIF2, LONG SIF5.</p>
<p><strong>Coverage</strong>: SIF2, SIF5, SIF4, BRD, ERSTE, TGN, BETI, BETFI, BETNG, BETXT, SNP, DAFORA, TERAPLAST, ATB, BIO, BCC</p>
<p><strong>Stop loss and Exits</strong> are activated at 4%</p>
<p>Please feel free to mail us for any clarifications. *This is a strategy product. Long Short strategies are not riskless strategies. Please mail us for a detailed working or consult a local financial risk manager to execute these pairs. For more details please subscribe to the ORPHEUS TIME ANALYTICS research products.</p>
<p><strong>Time</strong> is a social construct and we see time through the life and nature around us. Understanding time can not only give a unifying theory to research of a few thousand years, but also help us understand the world we live in. Time evolves, oscillates and continues. Time comes before everything, but we don’t see it. We just feel it. We believe what we see and this is why understanding what we don’t see is a challenge. Understanding time could bring more than a conventional thought down, it’s a revolution, which could rock the very foundation of economic thought or the geometric structures Euclid laid down in 300 BC. We are at the start of the journey, but if time is indeed the real mathematics, we could see high accuracy in time forecasts.</p>
<p><strong>Econohistory</strong> is the study of performance cycles between assets. Cycles are the generic name for time fractals. Performance cycles can be studied for any time frame, for as small as a tick data to multiyear time frames. This objective approach to performance cyclicality can explain why intermarket analysis is an area of study? Why bonds and commodities tend to be inversely related? What is the connection of Oil with world markets? Why the world watches DOW sometimes and sometimes a 500 point effect on DOW seems to have no impact? Why correlation between assets moves from near perfect at times to weak correlation at other times? Why the same news has different impact on a stock or market? Why equities and bond trend together and why the relationship decouples sometime? When will inflation become deflation, disinflation, stagflation or hyperinflation? When and why does gold outperform and underperform silver? Econohistory can objectively answer these questions, using performance cycles, time fractals and past data. Economic history is mathematical.</p>
<p><a href="http://www.orpheus.asia/orpheus/login.php">To login to the member&#8217;s area  or  access Orpheus estore click here.</a></p>
<p><a href="https://commerce.uk.reuters.com/purchase/advancedSearch.do?providerList=38902">ORPHEUS RESEARCH AT REUTERS &#8211; UNITED KINGDOM</a></p>
<p><a href="https://commerce.us.reuters.com/purchase/advancedSearch.do?providerList=38902">ORPHEUS RESEARCH AT REUTERS &#8211; USA</a></p>
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