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Monday, December 3, 2012

3rd Dec with an hour to go before NYSE close

Hello all

We are at some very interesting points at the present time.
With the market trading lower as anticipated there is once again no fear of a correction.
Yet the market is taking its time in wanting to fall which is surprising.

To the Gold bugs out there don't get too excited over golds move today sure up $7 but your Menes is up at $1730 waiting for all the retail to hop on board again.
Yes people today I saw 3 gold bugs saying gold was ready to see $1900.
This might be the case but I doubt it.

By my work gold will be lucky to see $1800 by end of Jan.

To the Financial Astrology students

The Moon VC kicks in Tomorrow after the market close so watch the market 6 hours before 5.08pm NYT for an acceleration to the downside.

For the Professionals out there for the next 12 months look at the Euro/C$ spread and the A$/C$ spread.
While the C$ will get smashed this month and early in the new year, there are tough times ahead to both Australia and Germany.
These two countries currencies will suffer are great deal due to government incompetency.
While Canada will continue steaming ahead.
10% is not out of the question in regards to moves .
Just on what we see astrologically.
(example 104 handle of the A$ looking for under 94).

This is long term so please for the retailers be smart and ask your financial advisor on more advice.
I am doing some general work for next year and will have forecast out later.


As always use the above as an indicator to your own work.
Futures trading can produce huge profits and losses.
Past performance is no guarantee or future performances.
Ask your financial advisor on more on the above

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