Market can be a cruel place at times

Hi readers ...4pm Rhodes time

Yesterday trading was disappointing.
I got murdered by the ASX200 for 40 points.
Made a little on the DAX and HANG SENG and
Got clipped by the S&P and NAS.
As you can see not a happy camper.
Yet the negatives where there just to much excitement to enjoy the move up.

I'll lick my wounds till next week.
I saw the numbers coming out of the U.S. stocks on profit results and to be up front about it I don't believe them one bit. ....there all bullshit

Here are the facts people.
For profits to be believed in my book you have to pay at least 70% of those profits in dividends.
Not doing so is called American accounting.... English terminology FRAUD.
You might say why am I saying this!

In the last 20 years how much profit has JPM made?
Yet in 2008 they ran for bailout money...
Where did all those profits go? Shareholders?
Buy backs you might say ... Another load of crap!

The table below summarizes JPMorgan’s capital return figures for each year since 2007, and has been compiled using figures reported in annual reports:

(in $ mil)	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014
Common Stock Dividends	4,865	4,842	5,051	5,237	2,095	844	3,266	4,541	5,251	5,865
Shares Repurchased	3,412	3,938	8,178	-	-	2,999	8,863	1,653	4,789	4,760
Total	8,277	8,780	13,229	5,237	2,095	3,843	12,129	6,194	10,040	10,625

Pay out only 44 cents dividend, yet bragging that you made 5.79 billion profit?

I will never believe American profit results until as I stated earlier..
Like they do in Australia profits are paid back to shareholders, not buy backs.
Buyback only boosts the governments tax on your gains.
Yes people that's something your not supposed to know.

Here banks are still shut, so like many you take a cruise to Italy to collect euros.
Business can't bank either and as a result things are becoming very concerning.

I read the funniest thing today on the ABC website.
The Australian treasure compared Greece to what might happen in Australia if they don't increase the revenue.
Seriously there must be something in the water in Canberra which is making the politician DUMB.

Greece is in the position it's in because the politicians where stealing the revenue  for themselves.
From both political parties?

Word of advise learn to save, and stop promising to stay in government.
My advice to the government.

In America you can start to see who's the threat in the Republican party.
So there ganging up to push him out.....
Not a good move, Trump for now is going to stir the pot even more..
Once again the Republican party is handing over the election to the democrats.
Seriously people these guy are so dumb they don't realise what's going on.

Next week

My work is showing the 21st positive  astrological aspects for the markets

23&24th I have negative astrological aspects for the market.
Following markets will be affected

S&P
NAS
DOW
HANG SENG
ASX200

Media beat up..

Hi readers... 8.40am Rhodes time

Markets all got excited which was wonderful and Greece is accepting all austerity measures!
What a load of crap, nothing but a media beat up.

Greece will not cut pensions as Europe thinks.
Anyway I see China down so to Hong Kong 1+% , and only 40% of the market is currently trading.
Unbelievable.

Anyway down to business 50% position this is.
Shorted
S&P 2093.50
NAS 4488
ASX 5528
Hang Seng 24950.
Waiting on the dax to open.

Tonight will pick up the other 50% on the open of Asia.
Please just use this as a guide to your own work ...
You might get better positions if you wait, I don't know that's something for you to decide.
In commodities don't bother.
I wouldn't trust numbers coming out of China if my life depended on it.

The oil numbers that came out yesterday I struggle to believe them at the present time, when factories are closed 4 day a week due to no exports...

Greece got the bailout and???? Big deal

Afternoon readers.3pm in Rhodes

As expected the bailout is to proceed, which as obviously got the markets all excited and they are running which is wonderful.
China was up again but not even 50% of the market is trading so don't read too much into it.
Google earning are coming also on the 16th so is shaping up to a wonderful week full of volatility.
That's how you make money people.

Wednesday has a lot of negative aspects around, I will be preparing to trade the day, set up half of the position on the tuesday and the other half on the day open.
Also please note its a New moon also which tends to be a top in markets also.

Target markets
ASX200
S&P
NAS
DAX
Hang Seng

Comment.
You should never be looking to trade daily..
Those who trade daily be stocks or futures have a very low batting average from those who trade occasionally.
I only trade according to my astrology, some months it's heavy and other months is very lite.
There are so many other things to do now where you don't have to be stuck in front of a screen.
Trade as a hobby and you can make far more than you expect.

Just something to think about.