Hi Readers
Posting the last update for the year as its time to enjoy the profits we have made over the year.
So we got a rate rise and the market ran up.
Those of you who trade markets for a living will realise it was the ideal pump and dump play.
In the end market is right where it was before the rate move.
Best time for the rate rise was in July, now it's way too late.
People, professional money simply boost the market up to catch amature short and then dump it right back to where it started the move.
Please remember when trading your up against algorithms and computer programs which can detect weight of numbers.
That's why charts alone are a very weak tool, as these systems know and detect when buys and sells will be triggered.
Now we have computers detecting computers, it's simply get way out of hand.
Trading daily is becoming deadly for amature traders.
I've never seen a market stay up after a rate rise followed into XMAS, how could it be good for the market?
Anyway I'm holding some nice shorts in stocks, that ran up..
Yes AAPL, NFLX and BHP.
Australian market could be in for a tailspin Monday as BHP has had its assets frozen by a court in South America.
While it won't be the end of BHP, it is seriously now damaging its name.
To our Astrological stock I saw on Thursday a number of small funds and brokerage house now own the stock also.
It's easy to see as the stock is held in good hands.
Not much gets flipped .
On the political front, in America .... Trump is really stirring the pot, and now we see the establishment ganging up to push him out.
Now you can see why trump is a loose cannon.
It's disappointing that the republican party won't support there best candidate to win in Ben Carson ..
Bush and the others will loose seats not gain.
It's true the country can't afford another Bush .
In Australia the honeymoon is over for Malcom Turnbal.
His done everything the media has ask for and his the Mr fix it .
Now it's time to show his leadership.. Both he and his supporters (Bishop and Morrison) will face a very difficult period next 3 months.
I'm heading to Australia for a couple of weeks, for holiday and research.
Will be back on the 12th of Jan.
Just want to wish you all a safe and happy XMAS and a wonderful new year.
Posting the last update for the year as its time to enjoy the profits we have made over the year.
So we got a rate rise and the market ran up.
Those of you who trade markets for a living will realise it was the ideal pump and dump play.
In the end market is right where it was before the rate move.
Best time for the rate rise was in July, now it's way too late.
People, professional money simply boost the market up to catch amature short and then dump it right back to where it started the move.
Please remember when trading your up against algorithms and computer programs which can detect weight of numbers.
That's why charts alone are a very weak tool, as these systems know and detect when buys and sells will be triggered.
Now we have computers detecting computers, it's simply get way out of hand.
Trading daily is becoming deadly for amature traders.
I've never seen a market stay up after a rate rise followed into XMAS, how could it be good for the market?
Anyway I'm holding some nice shorts in stocks, that ran up..
Yes AAPL, NFLX and BHP.
Australian market could be in for a tailspin Monday as BHP has had its assets frozen by a court in South America.
While it won't be the end of BHP, it is seriously now damaging its name.
To our Astrological stock I saw on Thursday a number of small funds and brokerage house now own the stock also.
It's easy to see as the stock is held in good hands.
Not much gets flipped .
On the political front, in America .... Trump is really stirring the pot, and now we see the establishment ganging up to push him out.
Now you can see why trump is a loose cannon.
It's disappointing that the republican party won't support there best candidate to win in Ben Carson ..
Bush and the others will loose seats not gain.
It's true the country can't afford another Bush .
In Australia the honeymoon is over for Malcom Turnbal.
His done everything the media has ask for and his the Mr fix it .
Now it's time to show his leadership.. Both he and his supporters (Bishop and Morrison) will face a very difficult period next 3 months.
I'm heading to Australia for a couple of weeks, for holiday and research.
Will be back on the 12th of Jan.
Just want to wish you all a safe and happy XMAS and a wonderful new year.
