One for the true believers of financial astrology

Hi readers

Friday's trading was one for the true believers of financial astrology.
Market was against us during globex and most of the morning until it was unable to stay up and fell away.
While some got concerned about the move down in the end astrology came through.
It's was however disappointing that the market didn't fall to the 2050 level which I had anticipated.
That to me is a warning sign..
Market could be ready to explode to the upside soon..
But then when you look at the ASX200 or Hong Kong there dragging there feet.
Anyway all in all once again a great month of trading and great profits.

Will post later on today the astrology for the November month ahead.

In stocks
AAPL pushed up which once again, looks like everyone will be recieving a new IPhone for Xmas.
As for NFLX going up on hope.

We got our 2% move down and BHP UNDER $23

Hi readers

The Asx200 has performed as expected sliding over 2% which is wonderful.
Another tick for financial astrology.
BHP also is under $23 as expected.
The S&P at the present time is going to make us sweat it out till the close it looks like.
I'm still holding my shorts at 2080 there, and confident with the astrology I have that it will closed down hard tonight.

For those of you who keep asking about the Housing mortgagee sales they are on the realestate.com website and the domain also.
This week there is 411 in both Sydney and Melbourne markets.

For those who are thinking of holding on to the ASX200 positions, choice is your but I like closing out positions as to the rule. Cash is KING in my world.

You sleep in the bed you spread

Hi readers

I don't usually post in the afternoons but this is unbelievable what's on the news here in Singapore.
Privately educated students bragging that they are the elites of the state.

How's this for a quote " just remember that your parents work for mine so don't complain to them or you never know what might happen".

I've never seen or heard of such stuck up people of this world.
I don't blame the students posting on social media the above but the parents of the students,( Xavier College in Melbourne).
Well done Australia for creating a two tier society.
Your catching up to the Americans.
Asian are elite but very humble, and appreciate those who don't.

Another thing too which I laughed my ass off,
How can police in Melbourne issue 1000 speeding fines a day to people travelling 2 Kilometres over the speed limit yet can't catch 2 bush wakes who have been on the run for 8 years.
Something is so terribly wrong with policing in Melbourne/Australia.

 In the market today

I managed to set myself up for the fall tomorrow.
It looks as tho many other also did to which is annoying as the move has already been created in the ASX200.
In the S&P I manged to picked up 2081, which I'm comfortable with .
Won't surprise me if we see 2050 or lower tonight, which will then kill the move somewhat on Friday.
Then we will have to reassess.

Fed has no credibility .

Morning readers

Finally we get some news to talk about.
The fed now has a December agenda to raise rates!
The market rallies on it ..... You have to laugh seriously..
The economy is fragile as it is and the fed is going to raise rates just before Xmas...
If you believe that then your a fool.
That's why the market rallied today the hot money doesn't believe a word of the fed and neither should you.
All the banks around the world are behind the game.
If they are going to continue using primitive economics then that's where economic policy will stay, in the stone age.

On the political front I'm so happy today that Carson is ahead in the polls for the republican nomination.

His got Donald spinning about not being ahead in the polls.

As for the other candidates there wasting there time and money.
Jed Bush has no chance, thanks to George W.
People don't forget what life was like.

What's heartening for the republicans is that Carson can sway the swing voters and that's what needs to be done, not just pick up the republican votes.
I don't see anyone else in the Republican nominees doing that.
It's my view that I think his the only person to take the fight right up to Hilary and maybe win.

In trading
Today will start looking for shorting opportunities for Friday's move.
Wall Street blew past levels which long term shorts where and had to cover traders.
No need to rush any short positions, watch your work and if it comes take it if not wait.

By the way to the Australian readers, don't anticipate a rate cut before Xmas.
If for some reason the RBA does move 63 is the next point on the $A.
Only a fool would act just after the banks moved rates up because of recommendations by the RBA.
See how the market is fooling many small traders.
Authorities around the world have worked out how to play its people with the media.

Let be realistic....

Hi readers

Not much has happened since last post.
Oil has dropped away , stocks are going up and down.
So far today we went short the open on the ASX200  and covered for a nice profit.
 Just waiting on the S&P to pop up a little more to the 67-68 area and will also short for a trade.
Notice how BHP is back under $24 and as stated previously should close under $23 by month end.

A number of you are asking questions which I've answered before, but for those who are first time reader will answer again.

First use the planning dates as a guide.
Use it as a filter to your own work.
 If it agrees then the trade could be a true move.

Set profits targets and to be honest some are ridiculous.
Look at a 25-40 point moves on the ASX200, that's over .50-.75% return for the day.
On days that I expect a serious move I look for 1-2%.
Get the idea of a full blooded bull or bear market out of your head.
Trade what's in front of you not what might be.
With other market use same principle, work on a .50-.75% return.
If you achieve this in a month then a 5-10% return not out of the question.

Don't be one of those desperate traders looking to trade daily, a few points in the end you will get caught and get burnt badly.

Personally I only trade the astrological days that I post for all to see.
Days of no astrological significance walk away from the computer, the market will still be there tomorrow.

All other days are subject to the manipulators moving the market from side to side for there own interests.( option premium/ expiry)

The China troubles haven't finished yet by a long way, government has just flooded the market with money at the present time.
Yet still only 38% of the market is being traded.

Readers if the above is beyond you then it might be time to let others trade for you and you pay them.
Trading should not be stressful.