Good Morning
What a morning its been. Some huge elephant was the instigated from the close yesterday selling the market without fear.
Did they wash the market out of long positions you betcha.
But Have they covered ...
I wish them well taking on financial astrology,its a dangerous game, that's not to say that astrology is always right but sometimes just early.
Yesterday the the low was as expected between noon and 1pm.
I managed to pick up positions at 1225 and was just about stopped out at 1212...
But not to be my friends and so now I am anticipating 1280-1300 today's, as this is being written 1238.00
Yes its a long way away but if you have the financial astrology I have then you wouldn't question it.
Anyway see what happens.
Now lets look at tomorrow also.
While the market might be up I do believe it will close lower.
One needs to use there own discretion as to when to pull the trigger.
In the event the market doesn't trade that high.
Monday will be a very bad day and the trouble will come from Europe so I will be looking to acquire some shorts Friday and then Sunday top up.
Use the yen as a hedge to the down move both Friday and Monday not the bonds.
As always use the above as an indicator to you own work.
cheers
What a morning its been. Some huge elephant was the instigated from the close yesterday selling the market without fear.
Did they wash the market out of long positions you betcha.
But Have they covered ...
I wish them well taking on financial astrology,its a dangerous game, that's not to say that astrology is always right but sometimes just early.
Yesterday the the low was as expected between noon and 1pm.
I managed to pick up positions at 1225 and was just about stopped out at 1212...
But not to be my friends and so now I am anticipating 1280-1300 today's, as this is being written 1238.00
Yes its a long way away but if you have the financial astrology I have then you wouldn't question it.
Anyway see what happens.
Now lets look at tomorrow also.
While the market might be up I do believe it will close lower.
One needs to use there own discretion as to when to pull the trigger.
In the event the market doesn't trade that high.
Monday will be a very bad day and the trouble will come from Europe so I will be looking to acquire some shorts Friday and then Sunday top up.
Use the yen as a hedge to the down move both Friday and Monday not the bonds.
As always use the above as an indicator to you own work.
cheers
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