Hi readers
I thought it would be ideal to just let the market trade with the astrology already posted for the day's moves.
As you can all see now, astrology does work whether you can accept it or not that's another issue.
Smart traders use it as a tool while foolish traders will always criticise it.
I've found those who always put it down are those who have major flaws in there trading, as a result they are the 85% who donate to the 15% .
As for news around the world.
In Australia it's a serious mess which it's getting cleaned up.
The economy is running on the credit card and that has to end.
Westpac raises rates .25% and all of a sudden the property market is in trouble.
For those of you who have been following our wisdom in keeping out of the property market, just sit back and wait for the bargain to fall in your lap.
On the 10th of October banks sold 88 in Melbourne , on the 17th of October banks sold 197 properties in Melbourne.
It's reported that this weekend 24th October 394 properties will go to auction due to defaulting/repossession.
Yep the property market is just fine don't panic...LOL... Someone forgot to tell melbournians the truth.
As for Sydney well that's another bomb which is about explode.
NFLX...sure it's growing but what the public doesn't realise is that , a free 60 days trail is not a subscription.
As a result professional money has been selling the stock while the uneducated keep talking up the stock, as a buy.
APPL is another which requires caution.
Sure the crazy must have's will always buy anything new that comes out but after that what next.
We have already been told that IPhone 7&8 are on the way next year.
This company has got to where it is because of its innovation not production line profits.
If not careful this company could become another Microsoft.
On the political front, the democrats look like a rubble at the moment.
Wanting to show that Hilary isn't a sure thing is smart and stupid.
Burning Joe Biden isn't smart.
As for the republicans the spats between candidates isn't the way to win elections.
In trading
There is a nice sell off next week coming which we are getting prepared for.
This Friday's move is I guess for a small trade or a clean out.
To those who traded BHP with us now you can see what we are talking about.
We took the 12-15% move, got out others bought the stock above $25 thinking the stock would go to $30 and now the stock is going back under 23 by the end of the month.
Anyway those who are short at the present time heading into next week use caution, as market don't trade one way..
REMEMBER THIS....
YOU CANT GO BROKE TAKING PROFITS
I thought it would be ideal to just let the market trade with the astrology already posted for the day's moves.
As you can all see now, astrology does work whether you can accept it or not that's another issue.
Smart traders use it as a tool while foolish traders will always criticise it.
I've found those who always put it down are those who have major flaws in there trading, as a result they are the 85% who donate to the 15% .
As for news around the world.
In Australia it's a serious mess which it's getting cleaned up.
The economy is running on the credit card and that has to end.
Westpac raises rates .25% and all of a sudden the property market is in trouble.
For those of you who have been following our wisdom in keeping out of the property market, just sit back and wait for the bargain to fall in your lap.
On the 10th of October banks sold 88 in Melbourne , on the 17th of October banks sold 197 properties in Melbourne.
It's reported that this weekend 24th October 394 properties will go to auction due to defaulting/repossession.
Yep the property market is just fine don't panic...LOL... Someone forgot to tell melbournians the truth.
As for Sydney well that's another bomb which is about explode.
NFLX...sure it's growing but what the public doesn't realise is that , a free 60 days trail is not a subscription.
As a result professional money has been selling the stock while the uneducated keep talking up the stock, as a buy.
APPL is another which requires caution.
Sure the crazy must have's will always buy anything new that comes out but after that what next.
We have already been told that IPhone 7&8 are on the way next year.
This company has got to where it is because of its innovation not production line profits.
If not careful this company could become another Microsoft.
On the political front, the democrats look like a rubble at the moment.
Wanting to show that Hilary isn't a sure thing is smart and stupid.
Burning Joe Biden isn't smart.
As for the republicans the spats between candidates isn't the way to win elections.
In trading
There is a nice sell off next week coming which we are getting prepared for.
This Friday's move is I guess for a small trade or a clean out.
To those who traded BHP with us now you can see what we are talking about.
We took the 12-15% move, got out others bought the stock above $25 thinking the stock would go to $30 and now the stock is going back under 23 by the end of the month.
Anyway those who are short at the present time heading into next week use caution, as market don't trade one way..
REMEMBER THIS....
YOU CANT GO BROKE TAKING PROFITS
