Q&A

Hi readers

It's obvious that a number of new readers have taken a keen interest in financial astrology.
With the questions that are coming through I have gone through this before.

1. Why don't you charge for your forecast?
A. Don't need to as I trade them and make 1000 times more than what I would make charging subscriptions.

2. How far do you see China dropping.
A. It's not how far it drops the issue its the contagion it could spread the issue, and it will.
Under 3000 is a good starting point .

3. How much do you see this affecting the Australian market and for how long?
What your projections for end of year on the ASX.
A. China is Australia's biggest export market for resources, therefore I see it affecting Australia for years.
At present the governments spending cuts are helping float the budget, but soon something is going to have to give as lower revenue from mining tax has to be covered.
The less government spends the more the economy will slow down.
Business can't export even with a lower dollar as is the plan at present.

There are times where the market will shoot higher then fall away.
To give a number is stupid and guess work as the law of averages always prevails.
If more people panic in September when the markets get shaken then we could see under 4800 easy.
But smart traders surf the waves as they come.

4. How long have you been an astrologer for as your very accurate?
A. Since 1990 but I'm always learning.

5. Could you please teach me, I'd be happy to pay you for your time.
A. No I don't teach, nor do I want to.
I'm happy to post on the blog what astrology I see and how I'm going to trade it.
It's then up to you to make your own assessment of it and use it to enhance your own trading method.
If it agrees ? Great if not the observe.

6. You give up so much of your time to update for no return I don't get it?
A. Do a good deed and one shall return to you!
All I ask is once a month after you see you trading balance increase, its good to enjoy your wealth with your family, and if you see a musician or a charity as your going out slip them what you can.
Greedy people karma has a way  of taking it away from them.

7. Do you advise to private clients or funds?
A. No I don't advise private, companies or funds.
I do from time to time, when there is an election look at potential winners..
If you can read back I do believe we are 4/4 at present...LOL

I appreciate all readers who spend five minutes of your time reading what I post.
If the blog helps you to make money, then you deserve it .
For investing the time.
We are not always right but we are right more than wrong.

Another storm is in the works

Hi readers.

Once again the market in the US didn't really kick on as I thought it would.
Note a concern but just confirms to me that there is still a lot more to be played out.
Yes the DAX exploded which is wonderful to see and hopefully everyone plays there part in Europe and the money gets handed over.
Greece won't implement the changes that's a fact.
But it's more about the effort to put a proposal together instead of turning up with notes of the newspapers and soccer results..
For that not snubbing the system they will get the money, but implementing another thing.
In Asia well there's another story all together.
Every move the Chinese government has made is wrong.
Not allowing stake holders to liquidate there holding shows that the government isn't about a free market but more an egotistic establishment.
International investors who have been burnt in the move down won't be buying China stocks again.
Therefore as soon as the governments effort finishes then it will run straight down again.
There effort to prop up the market is just giving traders a better price to short.
What is more laughable is that the Chinese want to open up there market to derivatives..

For most the only way to trade China is through Hong Kong, so the market there has also had its share of volatility.
The bounce back is hollow people,we are going to hit is again, for those who want to trade it for those who can't can trade the ASX200 and the American can once again trade the S&P.

Europe isn't an issue as many of you believe and is more a safe haven for now. Till the end of August.

In metals don't waste your money sitting loosing value slowly... 

Profit time people.

Hi readers

Morning to you all.6am in Rhodes.
So the Greek government has put a proposal to the EU?
You actually believe they are going to make all the spending cuts they are proposing!
Think again...

Nice move up in the Asian markets yesterday and currently but it's a hollow move so don't read too much into it.
As for China not allowing stake holders to liquidate there positions for 6 months !
That will just wash out wealth and prolong the decline.

To the Australian investors please stay in cash this is not the time to pick up bargains, as many analysts are recommending.
We are starting to see even the glamour stock feel the China potential..(APPL)

In trading .....Disappointed the U.S. market didn't kick on from the open, so going to cut the trades out after I finish this post.
 In the ASX200 thought 5444 we would see and in fact right now it's at 5469 so will be cutting out these position also.
Much is being said about what's going on in Asian but little do many really understand it.

It's also important the the Fed raise rates now to have some bullets to shot for the next US crisis which is on the way next year.
More on this later..

Remember people we are traders not trophy talkers, we are here to make money, not talk about predictions.
Predictions without a return are cheap.
You can keep firing them out like many other astrologers do, eventually you'll hit the mark but you'll go broke trading them.
Here I want to educate you on how to make money from events.
Hopefully then you can then give something back to your fellow man.

Media is always last to every party....LOL

Hi readers

Up early today for the opportunity, 4am here .
Market has open in Asia and will push up today.
It's funny how the media now has gone into a rage about China freaking out the small investors in Australia, and in Japan.
This is the time to buy people!
Retail sell and wholesale are buying..

Didn't think the ASX200 would fall so much overnight.
Anyway just bought it at 5344. Don't see why it can't pop up 100 points by Friday close.
The S&P picked some up at 2042:50
Also some NAS at 4353.
Please note we are trading the positive astrology nothing else .

Professional traders will be active buyers today and tomorrow maybe squeezing out greedy shorts.

I can't answer all your emails but will put a Q&A later.

time to book profits and walk away

Hi readers

It's appears there is an orderly fashion going on with the open no panic.
Which is disappointing!!!
Anyway closed out of trades
ASX 200 5394
S&P 2048:50
NAS 4358

Please BECAREFUL ... And don't bother shorting at the present time on the bounce , as you might get caught out.

Remember market has positive aspects coming up.

Margin calls are filtering

Good morning readers

I'm looking at the iPad and I see a sea of red in Asia.
The government in China has balls, and decides to halt small stocks trading .
How stupid can one be, it's not going away, nor are people going to just forget about it either...LOL
Maybe pray or hope people won't sell....Hmmmm I would give it some weight but so many Chinese borrowed money to buy property overseas.
Now that the Stockmarket is starting to get the jitters, so to banks in regards to collateral.
This is nothing new to anyone over 50 years of age, who saw what happened to the Japanese when there market started to tumble.
SAME PRINCIPLE ,nothing has changed the west minister economic model its still the same.
30% correction in the stock market, leads to a 20-30% more collateral in property assets.
Can't raise it within 30 days then they just sell it at market prices.
Most who bought property did so from there investments in the Stockmarket.
Then you have the gearing of small funds... Geez is going to be a mess.

It didn't happen in the 2008 subprime because it was a world meltdown of the system.
This is a Chinese issue only.
Amazing how astrology never lies.
China will be the reason for the financial meltdown not Greece or Europe.

It's obvious that small margin calls are filtering through at the present time with the American indexes down 1% and Germany down 1.6% already.

Enough dancing on the graves of the Chinese for now..
They will learn the hard way that markets don't always go up.

As traders we need to be smart now and need to be aware that the market will have positive aspects as stated in previous posts tomorrow .
I'll be waiting to see where HK closes and if 5% or more will be looking to exit before the first hour of U.S open, as panic might see 2025 before it stabilises.
The phone call will come from Obama today to China.
To the Australian traders bank your profit on sycom, I think it could be dangerous waiting till the morning, might loose half of them.



This is far from over but need to be humble and surf the waves people.

It's amazing when there is trouble astrologers are called upon for there insights.
Yet all other times we are voodoo ....LOL

I hope you all make a truck load of money.

10am in Greece

Have the supports given up?

Hi readers

Everyone who reads this blog can't say I never told you so.
Talk is cheap and actions aren't there.
In fact actions of pricing a market is either a cartel or an illusion.
You can't prices an open market, it will never work.

So as we can all see it now China down 6% and under 3500 and the Hang Seng down 4% under 24000.
This is the beauty about bear markets they move fast .
Question is who else is next for a readjustment in market value..
Today in Europe and in the states tomorrow we might get the margin calls which will add more fire to the flame.
Expect many hedgefunds with Asia exposure to wear big losses.
So then what occurs is you sell out of positions which are positive to cover the losses so your investors don't freak out.
In turn that just runs the market further down.
We haven't even begun to talk about the property valuations now either.LOL

The U.S., Canada, Australia and New Zealand should be next for a cut in prices

I wanted to pick up same positions again but couldn't see it happening .
Anyway below are my trades, need to sleep big day today ...

Asx200 short 5488
S&P short 2068.50
NAS short 4409

Catch you all in the morning
As this is being written
China down 5.22%
HK down 4.42%
Government might step in to actually start buy it now, instead of talking shit..

Unbelievable , now making movies about it

Hi readers

http://in.reuters.com/article/2015/07/07/china-markets-students-idINL3N0ZN3FW20150707


Had a laugh at this ... 

Market is on edge

Hi readers

Markets around the world at the moment are on edge.
There is no smooth sailing moving going on so you have to be humble and take your profits.
Thanks to Angela she help the market move aggressively down and I booked.
I'm not complaining it's midnight here and I'm waiting once again for Australia to open up to resort again.
Hope for the excitement to continue before the reality hits, as it did yesterday.
China's president is going to take charge of the market?
What rubbish is that!
Why doesn't he just say anyone selling the market will be jailed.. Dumb Ass
Let's see what happens today an hour after the open.

To those who want to know!

Looking to re establish same position same prices as yesterday.

Don't get sucked in ...market is in trouble

 Hi readers

So the market is all excited now that the vote is over big deal?
China has a stabilisation fund to support the market.
Australian investors get excited that the market is a buy at the low levels..

Really people!!!!!
If you think that the market will rally then by all means pin your ears back and buy it.
My work isn't showing any rally at all to get excited about..
More of a hollow bounce, just needs a pin to pop and it will sink quickly.

Yes many have posted to me Mahendra views.
My work disagrees..
Keep throwing darts and eventually you hit your target.
Only problem is if you trade it you'll end up broke before it gets there.

Trades I hold today.
Short ASX200 5520
Short S&P 2076:25
Short NAS 4443

1.5%-2% move down from these levels I will book profits.
China still falling down now flirting with the 3500 level.
Hang Seng just above 25000, that will close under tomorrow.

Let you all know that Europe is fearing a money market squeeze if they pull the pin on Greece.
No one care if Greece stays or goes, it's what will occur to the lenders who will be exposed to massive right downs.
Those lenders will find it difficult to lease money from other lenders.
Unless the German and French underwrite them for the debt.
It's very complex for small traders to understand but it could become a huge issue down the track.

Saw an article on the net that Chinese investors are pulling out of property in Queensland.
In the first 6 days of the new financial year the property market has hundreds of listings from Asian investors wanting to sell.
Music is still playing and there already racing for the exit..
I hope no Australian investors are in debt to there eyeballs on property.
Those of you who are old enough to remember the Japanese buyers back in the 1980 buying and paying double prices for property, then once the Stockmarket gave way, property was half prices, and in some cases in Broadbeach 75% less that what the property was worth.
I know because my brother bought a whole strip of shops (9) for under $400K.
Ended up selling it to  LENDLEASE in 2006 for a pretty packet.

Just stay cashed up readers if your interested in buying property long term.
Opportunity of a lifetime is coming.

NO vote/ more liquidity it's only getting better

Hi Readers

Well it's 2.20am in the morning here and markets are about to open in Asia soon.
The Greeks have voted NO but many have no idea what that really mean.
Let's forget the austerity chat right now!

What it really means is people are not going to get paid for the debt they have lended out.
The Germans and the French are guarantee's of the debt to other members.

We now have people a government voted by the people to snub the west minister system of economics.
So what does that really mean in plain language!
If this starts to spread across Europe then banks who lend money, knowing full well that they can't pay it off could walk away Scott free from the debt and keep the asset.

Expect the Americans to step up and call Angela to get a deal done..
Greece can't be allowed to walk away from the debt, or else the institutions which loaned the money could flip, which means another banking melt down.

Super Mario will defend the euro so no drama there.

It's more got to do with the ramifications of whether Greece will give the bird to the EU or wether they use it as a bargaining chip.
Pollution in Greece is running high with many people going out to the mountains and cutting trees down to keep warm at night.
Government increased taxes of fuel and as a result people have stopped using it.
Which in turn has crippled the governments tax intake.
People's power has become rebellious here, which is fascinating to see first hand.

I doubt that this would occur in Australia or Singapore, as people do as they are told there.
If this occurred in Australia there would never be a tax on electricity by the Gillard government back in 2011.
Fuel consumption is down 40% year on year  here because of the high fuel taxes.
Imagine if America or anywhere else people refused to to pay for fuel because the tax was too high and people stood firm on refusing to use it.
Governments would crumble.

But western governments are great BULLSHIT ARTISTS where they tell there people that they use the money for roads and people just pay up.
Maybe 12% of the revenue raise from fuel tax is put into roads the rest is put into undisclosed revenue.
Now private operators own the major highways which governments again throw the blame on to someone else.

It's just fascinating how people here won't accept lies and are proud to have there say.
Maybe it could be time the world starts moving away from the old statesmen politician to a younger eager leader.

I am trying to find Alexis Tsipras DOB, to do his charts.
Need to see where this guy is going , as he is a huge rebel and allowed to be.

Notice how the China is now going to pump liquidity into the market.
Reactive or Proactive government.
Is that because Obama made a call!
The Chinese have been warning of speculation in the market for a while and many have ignored there calls.
Now the market falls 20% they cut rates and allow morgage lending on stocks.
Falls another 10% after the above now they are going to pump more liquidity.
Does this all look right to you ?
What is the impact of this to the economy?

Interesting times ahead.