Please read , don't assume

Hi readers .
Just a quick note as some are praising while others are abusing.
Please read Tuesday's post...
I did clearly state that Friday, Sunday and Monday morning would be up.
I put them up early as many like to plan trades while others are day traders.
We are posting to different audiences so please make sure you read and fully understand what I post.
If your not sure read it again.
I don't intend to keep posting my trades on here.

Would you buy at a 27 P/E professional money won't !!!!!

Hi readers

At the present time we see the market falling during European trading and then climbing back during of US trading hours.
While this is more than likely set to continue,I don't stay up to trade the U.S. markets due to time difference.
My trades are usually closed by 5-6am New York time.( for those who ask)

For those who are trading HangSeng as you have witnessed it's a wild beast, so maybe for those amateur traders might want to look elsewhere.
HangSeng is like the DAX.
Next week DAX will explode higher so just wait for the market to continue flushing out weak longs.

As stated previously FB and Twitter are illusionary stocks which are trying to make money.
If you want to believe that the ad's business is increase then fairys also are real.
Smart America accounting can't be trusted... KPMG..... ENRON...I rest my case.

You have to start asking the question would you buy the market here at a PE ratio of 27 when the average is 16????

Disclosure
Long term trades
Short FB&TWTR  stock and options

Short term trades

None clean book.

7:20am singapore time..

So APPLE is now the saviour for the market

Hi readers
Facebook came out after the market with numbers which as expected where light .
Qualcomm missed deeply also and AT was light but cost review.

Looking at the market typical just wasting time but very good opportunities in trading.
we saw again the Europeans blame Greece for a fall which was laughable.

I took a number trades which we stated yesterday and had to take profits as my levels to take profit had been hit.
But once again today we will be doing the same as yesterday.
See which market suites you and remember trade.

Disclosure
Short FB&TWTR STOCK AND OPTIONS

Short term trades

Short FB stock
Short DOW, S&P , NASDAQ INDEXES

Today considering ASX200 . Above 5846 ..... Hang Seng above 28000

Time of posting 7am singapore time

market is turning

Hi readers

So the market went up a little then down a little also.
I guess it does come down to what you trade.
Those who produce traded higher while those who speculate traded lower!
Talking about the banking sector as apposed to the tech sector.
Note this banks only look after themselves, with higher wages for executives and brokers.
Then when profits are down they still receive the same level of wages.
It's not like profits where down so you get less.
Anyone who tells you that is bull shitting you.
They just rename it from bonus to incentive payment.

With the current high valuations market isn't able to digest current profit results.
Sure you get the odd outperformer but most are in line or missing the revised numbers.

With the negative aspect which are coming up today and tomorrow there are trades to be taken.
Friday and Sunday to early Monday are up then down again so as I said before trade.

Trades I'm looking at
FB& NFLX
OIL & SILVER
ASX200,HANG SENG,NAS,DOW S&P500

These markets have negative aspects hitting them so look to short.
Be smart if your technicals turn negative and its a right trade consider it.
The more indicators in the same direction tend to be a true move not a fake.

As this is written 7am singapore time 

keep your powder dry

Hi readers

Some of the numbers which have come in by the giant Dow stocks isn't as impressive as one is made out to believe.
Yes let's put the currency BS aside to. Sales are falling and margins are too.
Nothing to do with the currency.
Question is does it warrant the high price tag currently.
Today people is a dead cat move don't read anything into it just a pure squeeze out.
Tomorrow after the close is where the real action will be.( Wednesday close US time)

So till then just square up your book and wait is what I've done.
Astrology will be somewhat negative tonight in the US market but by end of day will be square ..
Here in Asia Thursday will be interesting with many numbers coming out.

The Twitter account will be up and running first week of May hopefully.

Disclosure

Long term trade
Short FB&TWTR stock and options

Trades
None, clean book 

Caution is required

Hi readers

So Morgan Stanley makes double digit profits!
To the contrary of what many people think, when banks make huge profits the public and companies become poorer for it.
It's much better when companies who produce something, whether it be cars or computer components make money as they support the whole economy.
We're as banks strip the economy of funds, has been the case for a number of years in the US then we saw the disaster, and now it's happening again.
In Australia is been happening for a while and that's why the example above is on its way.

Currencies
I hope that those who trade currencies saw the gift on offer and took it..
The euro isn't going anywhere as the ECB need to flood the system with euro's.
Like wise the Australian dollar at 78 like the euro at 108 are easy stress free trades at the present time.

Indexes
At present while there are small positives for the U.S. market there are negatives else where so need to be cautions.
Reason I say that is because engines don't move forward and then jam into reverse without pressing a clutch first.

Commodities
With oil at the present time seems to be a political involvement which has eased the selling for the time being.
Russia's next move will determine how far oil drops.
Astrologically oil at the present time has a number of negative aspects, so I woundnt be brave in buy oil for now.

Quick note
For the amateur astrologers who have asked .
You need to use the chart of the handover of Hong Kong from British rule to Chinese rule.
That's the date that I am using not the Hong Kong inception.

Disclosure
Long term trades short FB&TWTR stock and options
Trades
Short A$
Short EURO
Long Hang Seng 

Can you see the real play NOW.

Hi Readers

If you ever wanted to question financial astrology regarding its acuracy I believe the answer was give to you on Friday.
By now many of you know that China will be the catalysts for the collapse of the financial system.
Not Greece or Europe or even Russia for that matter but CHINA.

The U.S. roosters are calling it a healthy correction at present!
But if the U.S. firms are making record profits can't stocks go higher ?
They might and anything is possible but extremely difficult, as the ladder the market is rising on is seriously decaying.
Japan is now the biggest buy of US debt, not China.
Word has it that the Chinese a liquidating bond holdings... And who's buying it?

Don't get carried away market won't crash but it will devalue in price.
Many expect a crash and I have to say I have never said crash but I have said drop.
Yes markets fall quicker than they rise so be mindful of it.

Stocks
While I'm looking at NFLX short it worries me that CEO is being smart by splitting the stock.

Property
Start to see some difficulties obtaining finance for loans over the next 12 months as of Friday 17/18th April.
Which should see Asian buyers become very selective in there needs to Aquire property.
Which will see properties stay longer on the market and price reductions start (phase 1).

Disclosure
Holding options and shorts in FB&TWTR
Holding shorts in Hang Seng .