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Thursday, June 28, 2012

Afternoon all

Well once again the astrology has got it right which is great .
These are trading markets so when you hit your profit targets close out and wait.
These markets are not markets to buy/sell and hold positions.

Today was the reason we insisted you close out long oil yesterday..Down 2%
market went down as expected but as I said yesterday personal interest are at the forefront for another 26 hours.

Forward looking

Tomorrow is the last day of the financial year.
sugar coating should be heavy, there is now no way this market will rally with the astrology tomorrow.
Sure the Sun Pluto affect will be negative but wont really get going until after 11am tomorrow.
So the likely hood is that the market might rise in the morning then drop a little during the coarse of the day .
I see a serious arb going on tomorrow .
Buying the S&P stocks and selling the futures..
The thing is that the floor will know this and will be active sellers all day and will cover near the close when the arbs set up for the move 3 minutes to and 3 minutes after 4pm..
It would be so much easier if it wasnt end of the financial year tomorrow.
Anyway you will need to be sharp tomorrow, and if your not please dont trade, as you could get whipped.


Cheers
As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.

Wednesday, June 27, 2012

Evening all

As we saw today the market did move higher.
Another tick for the astrology for forecasting it.
Oil poped over 80 which was great and we closed out of that trade also .

So where to now...
First its the EU summit and the news coming out of there, then there is the Obamacare issue in court.
Take a guess and you have a 50% chance of being right and either making or breaking your account.

Lets look now at the astrology regardless of the above.

Astrology

First we have the Moon in Scorpio at 4.32pm NYT (negative)
Once again look at the market 6-12 hours before and watch for any confirmations of it .
This will run true through out Friday also.

Next we have the Sun opp Pluto  tomorrow as this is a very heavy aspect it does tend to show signs of the pending move day earlier.( negative)
Also the Sun squ Uran also will kick in Friday and once again signs of it a day earlier are possible.

My conclusion to all of the above is the following.
The market is in for a hard fall going by the astrology.
Commodities are going to also take a hit, while the bonds and the yen will rally ( insurance trade)

Can kicking will continue in Europe and the Court will rule in favour of the Obamacare.

Funds
Traders , hedge funds and investment bankers are trying to sugar coat the market for there own interests.( Bonuses)
Therefore how this market trades in the last 2 days of the financial year will be interesting.

I will be backing the Astrology.

Cheers
As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.


Morning all

Today should be a positive days as previously astrologicaly forecast.
Durable goods came in way ahead of expectation as I anticipated and thats thanks to a Venus direct today at 11am.
For those who have been paying attention astrology does kick in 6-12 hours in advance sometimes.

Today please make sure that you close out all long oil positions if you are holding any.

For those who dont know T3 was yesterday, next 3 days is window dressing time.

Example on the 30/3 S&P closed at 1408..
Currently S&P is around the      1319  which is 89 points away.

For those who arent sure Bonuses are determined by performance over the S&P.
No one likes working for salaries, everyone is after the bonuses..

The market Heavyweight AAPL 30/3 closed at $599.55.
Current price of AAPL is $572.03... as most funds do have this stock, you can work out where the market needs to go for bonuses to kick in.

Above is just an example on how you can work out if the bonuses will kick in or not.
My view is that there will need to be a serious explosion up today or tomorrow with the health care/court assesment out.
As friday could be a nasty day down.

As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.

Cheers





Monday, June 25, 2012

2/3 aint bad

Morning all

Well we got 2/3 of our wish list which is great ...
I am thinking to lower  the bond price from 150 to 149 today as I do want a position in bonds before Wednesday.

In the oil we picked up longs at 78.80 and holding while in the wheat $664 was ideal price.

Now lets look forward.

The grains could hold this huge move or not hard to say as its obvious that the stops on the wheat are sitting at 702-705. currently (795)
With only $7 away from that it wont surprise me if we do go limit on wheat .
Maybe good idea to place stops..688
With oil Yes folks Syria did shoot down the Turkish War Plane.
Question is did the pilot go out on his own or was he instructed to .
I am holding my oil trade until Wednesday close as I do believe there might be more to come on the issue.
As for the market my belief is that a bottom is on the cards today at some point and a turn up..

Note to all ..

There is a distaution going on this week where many Fund Managers need to put cash to work even if its for a week it has to be allocated.
Outside every managers door is does say Fund Manager not cash holder, and so whether they like it or not money needs to be put to work this week. for the quarterly/yearly Audits which will proceed at the end of the week.
Its against there charter for most of these guys to be in cash, so we could see some wild swings or just the market wont go down as many anticipate.
Note by Friday 4pm those who have cash and need to be in stocks will be.
But after that nothing is to say that they cant go back to cash come the next trading day.
So gifts are on the way for the shrewed private traders.

As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.

Cheers