20th Sep

Evening all

Just posting out a day early as will be busy tomorrow.
The market has been grinding both up and down and has done remarkably well considering the negative aspect which has hit the market.
Tomorrow there is more negative aspect to follow.
I continue to hold the shorts but am considering closing out the bond trade.

To the students
Tomorrow's mercury opposition and square should propell the market lower as news that will come out will be negative.
While these aspect are after the close their affects will be noted during the coarse of the day.
Also with the Scorpio moon "should" tip the market over..
So we shall see.

Comments

On the BOJ rate move thats basically a joke.
More QE from there I dont understand it, there at zero the flooding of more money onto the market doesnt work.
It never has work and it never will.
The BOJ is trying to devalue the yen, which is sad.
The Government is just very lucky that the Japanese people are savers, or else they would be worse than Spain.
On the trading front we are see a consistant flow of money coming out of the bonds and into equity.
So keep an eye on it .
I guess sure over time QE turns on inflation but for some reason I will never understand the US exclude most  inflationary measuring indicators.

As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.