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Thursday, May 7, 2015

Time to take profits and enjoy your weekend

Hi Readers

As you have all witnessed market is bouncing back which we expected.
I've said it before we are traders. We step in make money then step out.
While Friday will be another up day for the U.S. markets, it's wise to start cleaning out trades.
Those of you who trade ASX200 I guess you can use the night market but I found it extremely thin when doing volume.
So take your profits before the close as next week market has strong negative aspect which will move the market lower.
With the Hang Seng look at taking profits in the last hour of trade.
With the NAS position I'm going to be closing out of those also.
Sure market will trade higher but the astrological move coming will push markets a lot lower.
Let the suckers believe that this is a bottom.

Those of you who have made money enjoy it this weekend.
Do something special with family or partners.
If your going to a restaurant or walking past a musician playing outside Wall Street please throw them a tip.
The universe has a way of giving to those who also give.


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