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Monday, March 19, 2012

Review

Morning all

We saw the March contract close out above 1400 which was a great trade.
Unfortunately I took my money off the table at 1397 so all good.
Today have been busy taking profits on metals as I see some serious negative moves kicking in the afternoon and tomorrow.
In fact I believe that the market also could be heading down a slippery path over the next couple of days with the negative astrology which currently exists and is gaining in strength.
One should make sure that long positions have stops as the turn could be quiet sharp late today and tomorrow.
For the Financial Astrological students.

Tomorrow we have the Spring Equinox
With the sun moving into Aries and opposing  the Mars opposition its going to be a touch few weeks for the indexes I think.
A few hidden previous truths my start bobbing up and waking up many peoples assessment of the US.
As time goes this will amplify and become serious news.
Thursday we have the New moon but as its conjuction its a dud so don't view it as a top or bottom.
Friday once again some negatives will come through the media.

Today we had the Apple announcement and buy back.
Personally I think its a stupid decision as it will expose apple to short selling attacks in the future.
Its strength was that it had the cash and it could take anyone on, now to give it back.... maybe not a good idea..
Can just see the headlines Apple buying at the tops and didn't get a proper bang for its buck.
Astrology doesn't  lie people remember that.

Index at the present time is above 1400 so I'm shorting here
Short silver 3260, short gold 1657.50 short index 1400.25

As always use the above as an indicator to your own work.

Cheers


 

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