OECD COMMENTS after euro explodes 2 days before. Got to love it

Hi readers

Emails are asking questions so here are some answers which some individuals won't approve of but its the facts.
Australian ASX is continuing to be liquidated by overseas funds.
While many believe the market is a transparent markets it's not.
Overseas have been liquidating portfolios and locals are not stepping up to take the slack.
Have the fundementals changed that much in a fortnight to freak out superfund managers.
If they where that eager to buy the market at the 5750-5800 area now is a bargin at the 5500 area.
So come to terms with reality markets around the world are not a level playing field.
That's why you have to be smart and understand the market your in.
The Australia economy has been living on credit for the last 4 years and time is running out.
Time has come to live within your means.

The OECD is lowering growth around the world and is now asking the fed not to raise rates?
Really it's the world that weak...LOL You now realise it ....
The U.S. needs to raise rates to reload for the next Stockmarket shake up.

Just so your all aware , none of the real reforms went through from Subprime collapse.
The investment banks are up to there eyeball in it again .
The only thing that changed for the public eyes was that they got out of there own hedgefunds.

To the property believers, the only reason property hasnt collapsed yet is in China a house on a 600square block near the city could fetch for around $10 million, so to buy land and a huge house near the city under $5 million is a bargain in Australia . But that's now about to end with the new government restriction coming in on Chinese lenders, money is no longer for free, for these activities

As for gold , I am not a believer of the gold story at all, it's just to park your money when there is inflation... At the present time there is the potential of deflation. So it's a dead commodity.
Your life doesn't depend on it like grains.
I had a look at the supply and demand levels and there at record highs.
There is way too much of it and sales of it are coming down, yet supply is just pumping out.
I haven't changed my view gold over $1000 is extremely expensive.

Half way through the Mercury retrograde.

Hi readers

Hope your ok with the Mercury retrograde motion presently.
Not too many confusions.
We see the US showing numbers of a slowdown in the economy.
While this is expected, there are serious fundamentals wrong with the economy.
So the question comes back to how can you justify the high valuations?
Even APPL is very overpriced!
All I can say is astrology does not lie.

We are seeing some tightening of money by the banks which I might say is now forced by them regulatory wise.
You still need insurance for everything under the sun ( life, house, loan, income) and you are only able to borrow I believe it's 80% of whatever you pay for the property.
I believe before it was a case of borrowing up to 95% of the prices, plus the insurance spaghetti, and signing over access to you super/401k.

Mid last week I went to a conference and meet up with some bankers from the UK and Australia in Singapore.
85-90% of the morgage holders only pay interest.
They don't have the capacity to pay the capital also.
The rude awakening is as of the 1st of July banks are going to reevaluate property and all holders will need to have the 20% equity in there properties.
This is due to regulation which has been force on them.
But here is the beauty, it needs to be done in an orderly fashion, without panic to the market.
How cool is that!!!
Does someone know something?    LOL

In regards to the market.
Only for the U.S. market at the present time.
2nd is a good down 1+% day
With the full moon on that day should be a bottom.
3rd,4th,5th are drift days to the up side slightly.
Until the new moon on the 15-16th depending where you live please trade small.