8/8 is coming... Last hope for property

Hi readers

Markets not doing to much at the moment ..
Some positions up some down.
I decided to just put some stops in and just ride it out.
As I stated previously astrology not strong either way at the present time.
Either bull or bear market will eat away at option premium at the present time as has been the case with every August.
Those in Asia know it's the U.S. holiday season and in Europe its skeleton staff.
Don't expect much.
In Asia it will be evident when an international order hits the market.
In particular Australia.
I suggest those who want to trade volatility Australia is the ideal market for the next 2-3 months.
As local super funds are almost fully invested in the market at the present time.
Any bad news will run the market lower with limited buyers on the opposite side.

In China, well that market at the moment is bordering on a cartel by the government.
Allowing only 36% of the market to trade.

In commodities at the present time just leave them alone..
Spreads on bid and ask are ridiculous and volume is crap.

This weekend is the 8/8 ..
As many of you know 8 is lucky in the Chinese culture.
The realestate industry will be banking on Chinese buyers to pump up prices.
I'll be keen to see the clearance rates around the world.

I'll never understand how western countries allow Asian buyers to own land yet in there country its only allowed by born residents.
Is there something wrong with this or am I missing something here?

As stated earlier astrology isn't strong either way so act accordingly.
Please don't be aggressive with volume size either, regardless of what you trade.

In regards to stocks ...

Got burnt on NFLX a little ..
Made a packet on TWTR ..

Wall Street has yet to get it through there head that you can't monetize everything people enjoy doing,
Or if it's on the net.
Even Facebook I seriously question the advertisers on it.
Are they getting value for money?
Sure you obtain exposure!
But what level of real sales are made from advertising on Facebook.

My view is zero!
Exposure yes!
Dollar return ???????

Just American accounting people. Be smart

As for APPL, well my $75-80 price looks realistic now...
As for NFLX , hedgefunds are buying it thinking we are all going to sit in front of a screen and watch TV

its all about China

Morning readers 2am Tuesday Rhodes time

Yesterday we saw how the Chinese government just don't get it.
When the Stockmarket starts to bleed of course it's going to filter down to the economy.
So trying to handcuff the Stockmarket and think that the economy won't suffer is stupid.
In fact it's the economy which has the ingredients to the Stockmarket suffering.
With 35% of stocks trading on the market at the present time it's no wonder why this is going to play out for a while.

When I did the astrology a number of years ago I couldn't understand how it would play out for so long?
The actions of government answered those question I had.
There are times where astrology does bring out some unusual conclusions and when you try to explain it, it's basically unexplainable.
3-4 years ago when I told people that China was to be the collapse of the world economy, many said to me no your wrong it's Europe and the PIGS ECONOMIES.

You are starting to see how the fruit is growing to the collapse.
U.S firms are looking at China growth yet the market is saturated from technology there yet U.S firm believe they can do better.
In my view!!!!! better at failing.
So believe me any company that what's to spend more of its resource in China will fail.
There will be the odd one which finds a loop whole but most will fail.

The knock off industry is thriving in China.
It just not being exported as was the case many years ago and the world has no idea it's going on.
The spin to it is that it's creating jobs for the Chinese at affordable prices to the consumers and as a result the government is turning a blind eye.
Why allow US firms to rape mother China.
That's how it's seen over there.
The government is looking after there own.
No one gives a shit about doing the right thing, that's why the world economy is in serious trouble.

Yellen know it too and need to reload bullets and be ready to act or else the U.S. will be a sitting duck in the next crisis.

When you see people of a second world nation going out to the mountains to cut wood to bring back to cook and keep warm it makes you wonder what is really going on in the world.
People simply can't afford the cost of living.

Anyway see what plays out I guess.

I'm still holding shorts from last week.
Little annoyed that it's against me at the present time but see what happen.
There are small negatives around for Monday, Tuesday and Wednesday.
Thursday and Friday there are both positives and negatives so either use caution or close out on Wednesday as I will be.
The astrology this week isn't very strong so just be mindful of it.


Off to sleep
Cheers