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Tuesday, November 22, 2011

review

Morning

When you look at the market the amount of negativity around is some what of a contagion to say the least.
It almost feels like the market can no long have an up day.
Yet when you step back and look at it I wonder how this market can still be holding these levels.
I mean lets be honest we have seen a potential collapses of countries, Major house falls over and yet market still above the 1150-1200 area.
If I remember correctly when Lehman's went belly up market was trading under 1000.
Anyway the astrology is still showing positive moves yet the market is finding away to trade lower.
I guess if the astrology wasn't positive the market might actually be around the 1000 mark.

Lets see whats ahead  astrologically.

Thursday begins the Mercury retrograde period.
Starts from the 24th and runs until the 13th of December

This is a time that whats said in the market is wrong, deals/mergers will fall apart.
To the technical people this is the period where the support and resistance levels will be breached only to turn around and trade the other way.
The market will whipsaw traders.
For the students of Financial Astrology this is a great time to do research.
Needle's in the haystacks will be found during this period.
Use it to obtain ideas but don't implement until after the 20th of December.

Today astrologically I have some trad able moves down for the Bonds and positive moves for the Metals.

AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
Cheers

As this is being written 1193.5  bonds 143.12 gold 1691.80 silver 31.66 copper 3.3540