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Monday, July 9, 2012

Monday 9th

Morning all

A number of emails regarding my last post came through.

Here is the reasons.

As a hedge fund manager if your taking off time during the holiday season you decide what your portfolio is and position is for upside potential.
Under no circumstances a Junior manager has the right to sell stock.
In the event the market trades lower the Junior do have the right to sell either futures or ETF's short on the indexes but not liquidate stock.
This is a common rule to which many retail traders have no idea of.
That's why you see dead volume days and that's the reason why you see market always seems to have an upside move.
In the event that the market trades lower and cash is sitting on the sidelines one phone call and money does get put to work.
Those selling stock during this time of the year do get raped on fills in stocks as stock manipulation is very healthy.
So all professionals know that selling during this time of the year is dangerous.
As orders are pulled and then if your opening naked shorts you do get squeezed.

Hope that's does explain it.
We have come close twice to the 1342 number Friday 1342.25 and today so far 1343.
While technicals are saying lower the astrology does not support this theory.

Gold hasn't fallen away as I anticipated last week but did fall.
Grains are running hot and I think its wise to back away as we saw some of the volatility creep in Friday and grains came off hard only to run up again this morning.
Same with Coffee ran to 185 only to drop off to 175 on Friday.
There is serious moves coming on and one does need to be patient.
For jumping on a bandwagon for the hell of it could cost you  your money.

Today I have a sideways to higher market and in fact all week seems to be this way.
Today I went short the bonds at 15010.
I do not see how anyone would park there money at the fed and be charged to do it .
Looking for at least a handle or 2 slide before the week is out .
I continue to have a bias to the upside

Cheers
As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.

Tuesday, July 3, 2012

Evening all ...

Well its official this market is in the early stages of a bull run..
I know many of the bears will question the statement but what I am looking at this could be a sister bull 200 S&P points
I will explain my reasons..

Full Moon in Capricon is a powerful moon.
It tends to be a high or a low and tends to hold..
In many commodities and indexes depending on there astrology you tend to see this being the case.
For this to be negated we need to see a 1% closing low from todays low.
Example 1355*1% =1342 close would eliminate this move.
Also you are witnessing bad news as ( ok so we expected that) buying on the dips.
Expectation on profits are very low at the present time with 12 P/E.
While the average is 16, to see a 16 multiple your looking at a 1500 S&P.
We have the Olympics soon and the holiday season in the US coming..
Are they bullish for the market the short answer is yes.
Technically the market will be seen as overbought, but as your all aware I question technicals.

Its obvious now that the Fed and there partners are going to take a different course, than what the market wants.
Inflation here we come.I will put more up regarding this later..

Cheers
As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.

July 3rd

Morning all

Well as you can see the markets are trading markets ..
Oil... I got stopped out just below entry which was disappointing but thats the way it goes.
As for the market I am holding short from 1359.50..
Regardless of what happens today please make sure that you do cover all short trades today on the close.
Today is a full moon and as some of you know full moons bring out bottoms or tops.
I'm thinking that today could be a bottom and thats why I will close my shorts out today.
I wont go long tho as a closed session and at the mercy of Europe isnt a good thing.

Those who have brought grains when I mentioned some weeks back I think its time to take profits and wait.
Same with coffee also .

Cheers
As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.

Monday, July 2, 2012

new year ahead

Morning all ..
As stated friday wasnt a day for the faint hearted.
Perfect example of bull shit flowing .
Its was the sheer lack of selling which ran the market even higher that it went.
Yes it was also one of those 15% times where the astrology got it wrong..
Anyway such is life and we move on...

This week I dont see any shining light for the market or the metals market... infact I will be suprised if gold doesnt hit $1500 by week end.
Today I would wait to see how much carry over there is as there does seem to be some from Europe.
Then I will be selling ..anything above 1359 is my target looking for a1335 handle by Tuesday close.
To be honest the EU announcement was crap friday and the reaction was a laugh.
I am a seller of oil above $84 today also..

Cheers
As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.



Thursday, June 28, 2012

Afternoon all

Well once again the astrology has got it right which is great .
These are trading markets so when you hit your profit targets close out and wait.
These markets are not markets to buy/sell and hold positions.

Today was the reason we insisted you close out long oil yesterday..Down 2%
market went down as expected but as I said yesterday personal interest are at the forefront for another 26 hours.

Forward looking

Tomorrow is the last day of the financial year.
sugar coating should be heavy, there is now no way this market will rally with the astrology tomorrow.
Sure the Sun Pluto affect will be negative but wont really get going until after 11am tomorrow.
So the likely hood is that the market might rise in the morning then drop a little during the coarse of the day .
I see a serious arb going on tomorrow .
Buying the S&P stocks and selling the futures..
The thing is that the floor will know this and will be active sellers all day and will cover near the close when the arbs set up for the move 3 minutes to and 3 minutes after 4pm..
It would be so much easier if it wasnt end of the financial year tomorrow.
Anyway you will need to be sharp tomorrow, and if your not please dont trade, as you could get whipped.


Cheers
As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.

Wednesday, June 27, 2012

Evening all

As we saw today the market did move higher.
Another tick for the astrology for forecasting it.
Oil poped over 80 which was great and we closed out of that trade also .

So where to now...
First its the EU summit and the news coming out of there, then there is the Obamacare issue in court.
Take a guess and you have a 50% chance of being right and either making or breaking your account.

Lets look now at the astrology regardless of the above.

Astrology

First we have the Moon in Scorpio at 4.32pm NYT (negative)
Once again look at the market 6-12 hours before and watch for any confirmations of it .
This will run true through out Friday also.

Next we have the Sun opp Pluto  tomorrow as this is a very heavy aspect it does tend to show signs of the pending move day earlier.( negative)
Also the Sun squ Uran also will kick in Friday and once again signs of it a day earlier are possible.

My conclusion to all of the above is the following.
The market is in for a hard fall going by the astrology.
Commodities are going to also take a hit, while the bonds and the yen will rally ( insurance trade)

Can kicking will continue in Europe and the Court will rule in favour of the Obamacare.

Funds
Traders , hedge funds and investment bankers are trying to sugar coat the market for there own interests.( Bonuses)
Therefore how this market trades in the last 2 days of the financial year will be interesting.

I will be backing the Astrology.

Cheers
As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.


Morning all

Today should be a positive days as previously astrologicaly forecast.
Durable goods came in way ahead of expectation as I anticipated and thats thanks to a Venus direct today at 11am.
For those who have been paying attention astrology does kick in 6-12 hours in advance sometimes.

Today please make sure that you close out all long oil positions if you are holding any.

For those who dont know T3 was yesterday, next 3 days is window dressing time.

Example on the 30/3 S&P closed at 1408..
Currently S&P is around the      1319  which is 89 points away.

For those who arent sure Bonuses are determined by performance over the S&P.
No one likes working for salaries, everyone is after the bonuses..

The market Heavyweight AAPL 30/3 closed at $599.55.
Current price of AAPL is $572.03... as most funds do have this stock, you can work out where the market needs to go for bonuses to kick in.

Above is just an example on how you can work out if the bonuses will kick in or not.
My view is that there will need to be a serious explosion up today or tomorrow with the health care/court assesment out.
As friday could be a nasty day down.

As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.

Cheers