Hi readers
For those who want to know where we are at with the bear market call..
23/12.
S&P ...2081
DJ.......18024
NAS....4765
FB.......80.02
TWTR.37.57
MY TRADE DATE
FB...77.03
TWTR..38.40
Close of January
S&P ..1995
DJ......17165
NAS...4635
FB......75.91
TWTR..37.53
Please note this is just to demonstrate how astrology works.
While many at the end of this exercise won't accept it, it's good to just see for yourselves our you can use it.
While there will be times where the market will trade higher than these levels, the point it to just show you want you can do with astrology.
Similar to an egg, most people like to boil others like to fry, potch or scramble.
At the end of the day we are all different and we use it differently.
Over the last 2 days I've been looking at the bond market and doing the astrology on the bond market.
It looks as tho the fed is very determine to raise rates even tho the market believes that the economy will slow down.
News is people that the fed will talk tough and the bond market will seriously correct itself.
Now the money question is when?
Going by my work the second half of the year is where we will see rates move.
But it doesn't look to me like its the cash rate, it more the lending rate..
In other words it's the rates that banks borrow from the fed to lend to other banks.
At the present time that almost free! 0.10% that could move to 0.35%
That would sting for a short while banks who lend out to risky projects.
Banks will use that as an excuse to raise rates to offset from potential defaults.
For those to are asking regarding daily trades on the futures, you'll have to wait I'm afraid until after the merc direct...
Do IPO stocks that list during a retrograde do well in the longer term?
Yes and no, stock that do list tend to have many manipulative factors associated with them.
You tend to see that there sales or the projections are grossly over opptimistic, and much of the accounts tend to show start accounting rather than true sales growth.
Which results in stocks doubling on there first day of trading.
I would be very careful of stocks listing during a retrograde period.
I remember a stock which is a money manager in Australia.
This stock listed and went to $42 dollars on the first day of trading.
I couldn't resist and sold it in the $30+ area, as I had been allocated stock.
Closed the day at $28.65.
In the last 9 years it has never traded above $8 ..
The Australian readers would be aware of which stock I'm talking about.
(Can't name for legal reasons) .
For those who want to know where we are at with the bear market call..
23/12.
S&P ...2081
DJ.......18024
NAS....4765
FB.......80.02
TWTR.37.57
MY TRADE DATE
FB...77.03
TWTR..38.40
Close of January
S&P ..1995
DJ......17165
NAS...4635
FB......75.91
TWTR..37.53
Please note this is just to demonstrate how astrology works.
While many at the end of this exercise won't accept it, it's good to just see for yourselves our you can use it.
While there will be times where the market will trade higher than these levels, the point it to just show you want you can do with astrology.
Similar to an egg, most people like to boil others like to fry, potch or scramble.
At the end of the day we are all different and we use it differently.
Over the last 2 days I've been looking at the bond market and doing the astrology on the bond market.
It looks as tho the fed is very determine to raise rates even tho the market believes that the economy will slow down.
News is people that the fed will talk tough and the bond market will seriously correct itself.
Now the money question is when?
Going by my work the second half of the year is where we will see rates move.
But it doesn't look to me like its the cash rate, it more the lending rate..
In other words it's the rates that banks borrow from the fed to lend to other banks.
At the present time that almost free! 0.10% that could move to 0.35%
That would sting for a short while banks who lend out to risky projects.
Banks will use that as an excuse to raise rates to offset from potential defaults.
For those to are asking regarding daily trades on the futures, you'll have to wait I'm afraid until after the merc direct...
Do IPO stocks that list during a retrograde do well in the longer term?
Yes and no, stock that do list tend to have many manipulative factors associated with them.
You tend to see that there sales or the projections are grossly over opptimistic, and much of the accounts tend to show start accounting rather than true sales growth.
Which results in stocks doubling on there first day of trading.
I would be very careful of stocks listing during a retrograde period.
I remember a stock which is a money manager in Australia.
This stock listed and went to $42 dollars on the first day of trading.
I couldn't resist and sold it in the $30+ area, as I had been allocated stock.
Closed the day at $28.65.
In the last 9 years it has never traded above $8 ..
The Australian readers would be aware of which stock I'm talking about.
(Can't name for legal reasons) .