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Wednesday, January 23, 2013

4.48pm NYT 23rd JAN

Hello to you all

Finally we have a stock which has blown the Est ... and its Netflix.
Well done to the company and I am glad that they have learnt from there past greedy experience.
 Like everyone else we are waiting on numbers from AAPL.

The rest of the market well commodities lagged off gold got clipped and oil has started it free fall to 90.
Bonds are just holding not doing much, just enough to be in your face.

To the bears out there your time is coming Please show some restraint.
You need to stop looking at price and start looking at the valuation of the market.
Yes in your favour is the fact the the Estimates have been lowered and that's why companies are meeting these forcastes.
Until today no company has blown there estimates until NFLX and GS ..In my view
So there is the argument but that's it same as the Gold argument, its there but big deal.

Now the emotional component which runs peoples tolerance to risk is starting to turn in your favour. Something we call financial astrology.
To the bulls out there is doesn't look like new highs with the astrology I have for the next 5 working days.
Tomorrow we have Microsoft announcing that will be your Que to take profits in what ever instruments your in and look at the opposite side.

To the Students of Financial astrology Saturn turning to 11 degree's is the wake up call from the illusion we are presently in.

Ok numbers came out and market doesn't like what they did and its dropping..
Yes they did surprise but not much and guidance was so so...
This is tree shaking anyway we are long  at 2756.5.
AAPL bashes are running to jump on TV ...got to love the US ....
See what plays out.

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



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