observation

Afternoon

What a day!!!
I guess my stop at 1233 was a good one considering where the market went to and here it closed.
Dont know what to say in the context of it all.
The astrology is showing some small negativity on the open tomorrow but thats about it Nothing too alarming but what occurred today nothing to do with planetary movement.

My bias is still to the upside until the 24th so might look at chip and charging.

AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
Cheers
As this is being written 1215. bonds 143.07

Reason

Morning all ..

I have to admit at the present time I reading of the market seems to be wrong ..
I didnt believe the late day sell off, for the simple reason, news like that you bring out to the market before the open not just as its coming to the final hour of trading but in any case it is what it is and I accept my medicine as they say .
I did get stopped out and at present licking my wounds as they say .
My work still shows the same.

Yes I am prepared to just sit out and watch for the next 24 hours before deciding what to do .

AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
Cheers
As this is being written 1222.25 bonds 142.31

observation

Morning

Where are we going today ?
Looking at a pure astrological stand point up.
There are hardly any negative aspect to worry the market.
Oh yes there is Europe and my response to it is, (What else is new).
Old news

Anyway I think an opportunity was about during Asian time so lets see what happens for the rest of the day.
My feel on the market is there are a hell of a lot of skeptical bulls out there who haven't jumped on.
While the bears are jumping up and down over Europe.

As stated yesterday there is no negative astrology to support the bears and so I see this dip and a buying opportunity.

Disclosure I do hold short Bond positions and long ES positions.

AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
Cheers
As this is being written 1250.25 bonds 141.29

observation

Afternoon

What a great day today is and has been, the market has shaken out many weak bulls at levels which many thought couldn't break, while at the same time its given many bears the idea that the market is trading on shaky ground.
As you all know by the Financial astrology this is a set up which has a lot more to run.

Today I also got my bond options which was great, that's why is a wonderful day.
140 DEC puts

Looking at tomorrow I don't see any let up, might find some annoying resistance at the 1270-1273 area but after that, most bears I think might wake up and smell the roses.

Please note also that we will be making a move on the next stock to half in value soon, but not yet.
Also the above levels are just observations only, I am no technical analyst so please do your own work.

AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
Cheers
As this is being written 1258.25 bonds 141.17

Positioning

Morning

Looking what occurred.

Yesterday we had a very negative astrological day.
I anticipated at least a 20+ handle move but it wasn't the case.
For the market to hold up so well in a negative day is a serious warning sign.
This market does have strength behind it and while many are emailing me stats on how bearish this is I don't share your views.
The past is just that the past and while it is a good indicator of what might occur, this market isn't the same, as last year.
Or the year before, the dynamics of the market are always changing and an astute trader will take heed of this and adapt.
One need to identify what works and what doesn't and use that to make money.
At the end of the day friends this is a zero sums game, all are squared off.
As repeating isn't smart once again I must say please look at whats current not what might.

Looking Forward

Tuesday is as the name says the turn around Tuesday.
We are moving into a period of a number of days where the market has different positive energies which I believe will propel the market higher.
Regardless of what news comes out just a reason to buy should the market slip up.
The Full moons bottom has held also which is another huge positive.1218.25
So until late next week I don't have any serious negative to hold down the market.
Lets look at the pockets of negativity.
18th 10am -2.30pm
24th is the Mercury retrograde period which we will go into more detail.

So for the time being bears you are warned.

Bulls
Until the 25th of this month there is no holding you back so run hard.
Get it out of your system because then the negative clouds are on there way ...


Disclosing that I do have positions in the market ES long 1246.50
Short bonds 141.30


AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
CheersAs this is being written 1249.25 bonds 141.27

review

Afternoon
Seems to be that the market is holding up quiet well at the present time..
While we did see a fall not as much as I had expected which is a little worrisome.
As expected the trouble did come from Europe but the divergence between the US and Europe is evident.
The negative energy is starting to wane and one need to begin placing stops now to protect themselves from a potential attack from the bulls.

Tomorrow is pretty much a non bias day and one might want to look at there work for the next set up to the up side.
To my bear brothers heed the warning, the move is over, the bulls have been able to hold it together and so now I think the next 4 working days we could have a go at 1300.
The bulls need to show a heart beat I believe and the fact they haven't been able to get over the 1300 is like a red flag to them.
Also note the bonds at the present time, I stated last week that we could see a nice drop in them to protect the option writers..

Just fit nicely I think.

Planetary movement = positive
Bond option game = need a down move
Market = holding up well in a down day

Its important that you do your own analysis and look at the above as another indicator to your own work .
As you can see the last move we where some what early in the call but it did come through.

AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
Cheers
As this is being written 1249.75 bonds 141.30