Total Pageviews

Thursday, March 22, 2012

Morning all

Well whats the news this morning that has commodities falling?
China Slowing down..Great but I think we already knew this some weeks ago..
So should commodities fall ?????
Well my friends I don't mean to be rude to anyone's views but this is the biggest load of Bullshit I've read or heard this year.
Here is why ?

Its the Chinese who are in a bidding war to obtain as much base metals as possible.
Its the Chinese who are still growing regardless of whats happen over the last 3 years.(Debt crisis, Housing disaster)
China was slowing down some 12 months ago yet copper prices have risen about 40%.
Commodities are still rising look at the grains, metals, softs nothing has come off as we are told.
So before you believe what the media tells you or reports that come out we are in a mercury retrograde.
This wont be as it's reported now.

For the those who are cycles traders and want to comment of why cycles haven't started well, I don't want to continue singing the same tune.
Until Mercury moves direct and then clears out 12th April anticipate set backs and false starts to trading.
Yes its hard sometimes to trade in and out when you have solid work behind you but it must be done.


Example
If you tend to take 8-10 points on your ES trades , during this period just take 4-5 points.
Because sure enough the market will flip back on you and clean out your profits.

For the Financial astrological students
We are in the waning side of the retrograde motion as of the close yesterday.
What that means for the markets?
Look at whats been happening in the market?
Whats been going up during this time?
Whats been going down?

The reverse is upon us now.
Note that 91% of the time during a retrograde period most contracts trade within half a percent of where they where before the market went retrograde.

On the 12th close

SP  1371
GOLD 1699.8
Euro 131.56
Wheat 651

Currently

SP 1402
GOLD 1640
Euro 131.70
Wheat 635
As you can see we do have some that have moved and others have gone no where.
The above I have only just picked them out of the blue.
So do your own reseach and work your numbers out yourself.


For those who are interested to see what will occur in the future?
There is a serious heart beat emerging to short Apple in the future, and the reasons why?
Apple isnt going to be the company it is, Financially, innovation wise either.
We are starting to see the the Ipad3 heats up a lot quicker the Ipad2.
Sure they have sold 3 million on its launch which is great but the trouble hasnt started yet stay tuned.

But right now everyone is Apple Stupid and every fund is buying as they are well aware the the company is going to be a buyer of there stock in the future. (supply demand will dictate for a bit there.)

Be patient friends astrology does not lie.

Apple announced the dividend and buy back during the retrograde period?
But Apple has 3/4 of its $92 billion overseas not in the US...Hmmmmm
Don't be freaked out if its doesnt happen.

To the bear out there Next week Tuesday , Thursday and Friday next week should be favorable. 

As always use the above as an indicator to your own work
The above is for educational purposes only and is not Financial Advise.

cheers

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.