Positions

Hello all
Well today was just one of those days .
Trading the index move as it comes.
While yes we saw the market drop in the morning as It bounced back.
What you need to think about when trading is how the majority would be trading.

With that what do we mean ?

Think about the following ?
If you where a fund manager would you sell today and risk loosing some of your bonuses.
Hedge fund traders wouldn't risk loosing there bonuses for the sake of one day.Would you ????

Selling the next day being the first day of the month means nothing as there is a good 80+ days of trading to recover the first day of the month losses.

So when trading do think of it as a business not a hobby.
When you start to, you will become more insyc with how the market moves.

So what am I in..

I am short the index at 1404. holding
I'm also short Apple at 608.12  and holding
Long silver at 32.35 holding
Long coffee at 180.50 May holding

So what are we looking for next week ?
Well it's not good.
The market will fall and hard.
This is what the astrology is showing..
To be honest the whole week looks very negative and many realisation could be seen this week.
The honeymoon first quarter is over and now we can expect to see serious trouble for the next 2 quarters followed by the last quarter being the mother of all bulls with at least a 200 point move up on the SP...
But until then we will see serious moves both up and down.

Enjoy your weekend...
Cheers