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Wednesday, February 8, 2012

book profits

Morning all.
I am prepared to bet anything that Ben has a shit load of gold in a Swiss bank.
Every time this guy talks gold just explodes and once again he hasn't failed.
If you go back and see for yourselves that when Ben opens his mouth gold runs.
The best friend gold has ever had if you ask me ...LOL

Anyway while the metals can keep trading high today and tomorrow I think some good consolidation is on the cards.
I am placing a stop on my silver position at $34.37 and see what gives..
Currently as I am typing this its at $34.46

Some Astrology for the Students.
We have the VC kicking in this morning at 11.40am NY time.
For those who are unsure whenever Saturn is in the picture some reality will set into the market .
BUT with Venus moving into Aries  don't expect any let up just yet in Equities.
With Saturn and Mars retrograding anticipate the media to keep beating the drum on how the public isn't in the market and they need to jump on board. (you need suckers for when the music stops)

At the present time as far as I see this move its a very illusionary move ( Neptune in Pisces).
Yes the fluff money will stop propping up the market to see if it can hold up on it own , that's when we will see if this is for real or just hype and dreams.
Keep this time frame in mind  full moon 8th March to Full moon 6th of April...News and Event during that time will determineits next move.

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



Monday, February 6, 2012

review

Morning all.
While the market continues to be on a strong dose of Red Bull we are coming into some very interesting astrological aspects which in the past have signalled tops.
But the key word here is PAST.
In the past the market has had a tendency to top and turn lower but as I have said before election year and I don't see any let up ...
It will be interesting to see this week.

Tomorrow we have a full moon .... now its a LEO full moon which is trine to silver.
So I am anticipating that silver will make a powerful move up.
Gold too will trade higher but not as much as silver.
One might want to consider options in silver for a day or 2 rather than the futures contract as the margins are quiet expensive.

As this is being written silver is trading at $33.35

cheers