China down another 5%

Hi readers ...
Friday trading should be about squaring up books.
It's not the time right now to be gambling on a yes or no vote regarding Greece.
As I said before no issue in Greece.
China is the huge issue and will take centre stage from mid next week.
For those who don't know China down again another 5%..

I got told that on Monday there are margin calls should the market trade lower.
Traders have got wind of this and have started selling the Hang SENG.

I noticed in Australia a large sell order came through from Asia just after the open.
Pushed many local funds on the sidelines waiting till the selling subsided before buying it back.
Then authorities talk about a transparent market, what a load of crap.

That's why people unless your in the group or you use astrology you will never get ahead in today's market.
Charts can be manipulated to suit ones conviction.
Anything which has an algorithm or is technical will always be manipulated.

Wall Street believes that they are beyond the China shake up but believe me when the shit hits the fan we will see if they are or not.
To the Australian readers be humble and stay in cash, a discounted market is on the way.
To the German readers your local companies are very cheap at the present time. Stay clear of car makers and look at buying the bio techs and pharmaceutical stocks.

To the American readers stay in cash, you are very overpriced at the present time.
Don't buy AAPL either as I said before the launch, there watch is a flop.
Prices from $399 are now $99 and they still can't sell them.
Don't be surprised if they take them off the shelves soon, retailers can't sell them.

Oil is continuing to grind down slowly, this will excelerate once the news comes out from China soon.
Metals continue to do nothing.
Grains had some book closing for the summer.
But  should push up this week .

In currencies no astrology is affecting any currency at the present time but that will all change at the end of the month and August.

China closed under 4000 , not good !!!!

Hi readers

Yesterday as I was posting China was down 2.5%... But by the close it was down 5%.

Today once again it was down another 3% on the close. 

While many foolish media outlets are concentrating on Greece, the China fuse has ignited.

PLEASE BEWARE WHEN TRADING ON THE LONG SIDE OVERNIGHT.

Market could one day just fall in a heap soon.

Within 17 working days that market has now dropped 1200 points.

While many won't understand what that means... It's about 4800 DOW points.

Are authorities worried??? You beat they are but little can they do.

Jumping the gun now would show that the government is weak and can be manipulated like the US.

Here is some astrological dates to look at.

6TH UP

8TH DOWN

9TH UP

10TH UP

13TH UP

 

UP is positive aspects for the market

DOWN is negative aspects for the market.

Please note that these are all for the S&P in the US.

NOTE ONLY TRADE IF YOUR WORK AGREES WITH THE ABOVE IF NOT THEN USE CAUTION.

Note

You will see some of the commodities come off over the next couple of weeks as funds tend to closing up books for the holidays.

Stock funds have skeleton staff on but most commodity funds don't risk the exposure.

CFD PROVIDER SENDS AN AGGRESSIVE EMAIL ....LOL

Hi readers

The Internet is a wonderful tool.
You are able to trade from anywhere got to love it.

To the British CFD Provider..... I guess accepting that you do have to pay out can be an issue sometimes....LOL
I got a wonderful email yesterday by this provider who has threatened legal action and the rest of the crap that goes with it .
I pissed myself laughing !!!!!!
I congratulate the 2 traders who made a killing on the Wheat.
Not all CFD PROVIDERS hedge themselves in the market.
I guess that's because most of the traders donate.

Anyway enjoy your trading and be smart.
 Only trade when the trade is there don't trade for the hell of it.

Big deal

Hi readers.

So Greece has defaulted on its debt! So what!
The banking system didn't cave in and everyone is going about there daily lives as normal.
Stock markets didn't collapse either as the media was predicting.

So what is the real issue here!!!!!

There is a school of have's and have nots.
Debt by countries around the world will never be paid off. That's the facts
When a small country decides to stick it to the system which has been around for centuries, who buckles first?
There can't be another Julius Ceasar who forgives debt and starts again.
This can't be allowed to occur or else everyone will follow Greece. Spain, Italy just to name others.
Therefore the system will allow more time and better terms.
But it can't allow the debt not to be paid.

The communist party in Greece has no friends and nor does it want any!
There leader is young and very energetic, and will hold his word to the people who voted for him.
The one thing this guy has done is he has brought belief back to people even if they are struggling.
Sometimes that's all that is needed to rise from the ashes.

Once again through all this debt crisis, the real issue is China .
Went up 5% yesterday on short covering but is down again 2.5% today.
Keep a keen eye on China.
If China falls so to will the U.S, Germany,Australia,France and Canada.

In commodities

Metals are dead and should fall soon hard.
In grains as we said should trade higher, and they are.
Wheat is the leader and the corn and beans are along for the ride.
Wheat is up 10% in 3 days and should continue trading higher.

In the currency market just stay away for now.
There is no strong astrology affecting any currency at the present time.

read between the lines .

Hi Readers

Let's get a few things straight.
Because the media beat up of bullshit is running thick and fast and will sway many to short when it's a buying opportunity.
I'm in Rhodes island and all the Greek banks got delivered money on the Saturday before the news came out of the shut down.
This is a political ploy to corner the Germans, which as I said before won't work.
 Yes the referendum on the weekend will force the government to deal with Europe.
Not confront the Europeans .
Angela Merkel is the most trusted politician in Europe, and Greeks will stick with her.

The concern is China was again down 3%.

My trades
Long dax 10956
Long ASX200 5374
Long ES 2058:50
Long NAS 4409

Refused to buy the Hang SENG  as it can fall another 4000 point very quickly with potential margin calls tomorrow if it opens under 25700.
Please remember this is a short trade out before close tomorrow.
Please not that if Chinese market is down again liquidate immediately.

PS ..brace yourself for the fire sales in property markets around the world if the Chinese trade under 4000 soon

Greece excuse again

Hi Readers

Once again we see the Greek drama playing into the market.
Yet the euro isn't falling away as you would think..I got news for you it won't!
The ECB will protect the Euro at any cost, as is instructed by the Germans and the French.
To the astrologers out there the Sun Jupiter 8 degree trine to the Venus Pluto square, there is no way what's so ever that the euro will be allowed to fall.
This is a buying opportunity of stocks but panic hasn't really set in yet.

Question for you all to think about?

If a country defaults on debt doesn't that mean then that it's people are also allowed to default on debt too????

I see at the present time markets on globex are down a good 1% and in Hong Kong and Australia 2%.
This is reactive news, for you to all digest.
Similar is the panic news from China that they cut rates as the market has fallen 10% in two days.
That's the news that's more important.
I've said it before that the trouble will start in China and spread. Not Europe or the U.S..
China is the ticking time bomb which if it explodes will bring the world economy with it.

In commodities oil should slide back to the lows while gold is as stated before dead money.
Gold in these uncertain times should be running, and it's just drifting down. Need more evidence!
In the grain market keep adding position in wheat, we should see 700 at least by year end.

Please note end of year window dressing tomorrow, so maybe look at a potential buy in the afternoon today with liquidation in the last minute or two tomorrow.
But use your judgement in the markets you trade.