Good Morning

I have been busy doing my next years astrology and it seems we could have a mega year in the markets.
Well that's what the astrology is showing.
Yes new highs in all markets are coming, even NASDAQ...

So while we see Euro crumbling I believe we will see some serious power shift come back into the US dollar and markets. 2012....
If I was to call it I'd look at a 25-35% rise in the US market value next year. and maybe double in NASDAQ. from Current levels.
So lets leave the doom and gloom aside and look at whats really going to make money over the longer term.
To our Asian readers you have 2 years starting from January to pull your money out of china before it also crumbles like Europe.
Would I be a metals buy? no
Stocks different to commodities, but one thing is for sure regardless of where the commodities are come in the next couple of years a 50-70% reduction in value's is for sure I believe.

Today I am for those who want to know will be looking to purchase calls in the SPY June 130 and Dec 135.
While it wont always be one way traffic there will also be times where bargain prices will allow you to double up.
To the bond traders be careful 2012 might be a nasty year.

As for today I have bought some position on the ES and Gold and will be looking to buy more during a dip either during the day or at the end of the day as it is options expiration, and hedges in the forward month will need to be unwind.
Great opportunity to pick up cheap positions...Monday on as of next week we have a nice move up in the market, so I do see 1300 on ES by Wednesday close.

AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
Cheers
As this is being written ES 1219 Feb GOLD 1592.10

Good Morning

we have finally let go of the mercury retrograde and while the markets have been all over the place not many have made money so I am told.
During that period most moves tend to be fake outs and catch many momentum players off guard.
With the Expiration this week coming to ahead I will be some what surprised if the market stays at these levels or even trades lower.
Next week we have some very strong astrology which will finally give the boost to the market it needs to push through the 1280-1300 level.
As for this week it would be somewhat wise to look at the option premiums and see what the market makers are looking to do..
There is some positive astro on Thursday followed by some negatives on Friday.

Lets look at what has been during the retro time.
1.  The Euro Zone efforts will fail that's no secret.
2. The Government act which has taken all liberty's away from US citizens will come back to bit congress.
3.Gold has fallen over $100.

Lets see over the next 6 weeks what reverses.