Hi readers
Morning to you all.6am in Rhodes.
So the Greek government has put a proposal to the EU?
You actually believe they are going to make all the spending cuts they are proposing!
Think again...
Nice move up in the Asian markets yesterday and currently but it's a hollow move so don't read too much into it.
As for China not allowing stake holders to liquidate there positions for 6 months !
That will just wash out wealth and prolong the decline.
To the Australian investors please stay in cash this is not the time to pick up bargains, as many analysts are recommending.
We are starting to see even the glamour stock feel the China potential..(APPL)
In trading .....Disappointed the U.S. market didn't kick on from the open, so going to cut the trades out after I finish this post.
In the ASX200 thought 5444 we would see and in fact right now it's at 5469 so will be cutting out these position also.
Much is being said about what's going on in Asian but little do many really understand it.
It's also important the the Fed raise rates now to have some bullets to shot for the next US crisis which is on the way next year.
More on this later..
Remember people we are traders not trophy talkers, we are here to make money, not talk about predictions.
Predictions without a return are cheap.
You can keep firing them out like many other astrologers do, eventually you'll hit the mark but you'll go broke trading them.
Here I want to educate you on how to make money from events.
Hopefully then you can then give something back to your fellow man.
Morning to you all.6am in Rhodes.
So the Greek government has put a proposal to the EU?
You actually believe they are going to make all the spending cuts they are proposing!
Think again...
Nice move up in the Asian markets yesterday and currently but it's a hollow move so don't read too much into it.
As for China not allowing stake holders to liquidate there positions for 6 months !
That will just wash out wealth and prolong the decline.
To the Australian investors please stay in cash this is not the time to pick up bargains, as many analysts are recommending.
We are starting to see even the glamour stock feel the China potential..(APPL)
In trading .....Disappointed the U.S. market didn't kick on from the open, so going to cut the trades out after I finish this post.
In the ASX200 thought 5444 we would see and in fact right now it's at 5469 so will be cutting out these position also.
Much is being said about what's going on in Asian but little do many really understand it.
It's also important the the Fed raise rates now to have some bullets to shot for the next US crisis which is on the way next year.
Remember people we are traders not trophy talkers, we are here to make money, not talk about predictions.
Predictions without a return are cheap.
You can keep firing them out like many other astrologers do, eventually you'll hit the mark but you'll go broke trading them.
Here I want to educate you on how to make money from events.
Hopefully then you can then give something back to your fellow man.
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