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Wednesday, July 29, 2015

Nice profits booked, time for the downside

Good morning readers

Twitters results came through and it's typical the American investors are all excited that they beat expectations! Big deal reader more into the numbers there is no growth.
Sure most people accidentally click on the advertisement by mistakes but are real sales coming through to the advertiser, I think not.
So there going to look abroad ? Guess what China !!!
For users and marketing!
At least now I know how the U.S. is going to get tangled in the downdraft.

Got out of my position as stated yesterday, with great profits.
Also shorted NFLX on close.

Please note what I stated earlier in the week use the dead day for potential position building.
I've taken mine early because going out and about.

Australian ASX200 is pushing up a lot more that what we got out which is wonderful.

For those who asked the question?

I trade on astrological aspects only, not technical analysis.
Sure I could get better prices but then again I might not.
Not into the what if or hopes..
I'm either right or wrong.
It's that simple, trading is ment  to be simple.
Technical analysis complicates it at times. 90% of the time in my view.

Just went short
S&P 2085
NAS 4550
ASX200 5585.
NFLX 107.42
Don't see why we can't drop a good 1.5% on all markets
That's just my humble opinion ..

Excuses are for those who wish to hear them and quiet frankly US companies are performing very averagely, compared to there German counterparts.
As we have witnessed with Volkswagen.
Showing how anyone can be beaten even the Japanese with quality.

The competion is seriously ready to start taking business away from American firms in the technology space.
Going forward margins will be cut to keep business I feel.
Which comes back to how much are you prepared to pay for a companies share.
A lot of disasters should be expected in the next 6-12 months with earnings.


As always enjoy your day/ night


 7.40am Rhodes time



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