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Tuesday, January 26, 2016

No real conviction

Hi readers

How good is this market, all over the short with no real conviction.
Wants to break 1900 on the S&P then pulls back, very confusing..
I think it's best to just let the dust settle before entering into the market.
No point guessing if your not sure.

I personally have being going back over my last months astrological work trying to find out why I basically stuffed up...
We all make losses and its when we learn from them we become better traders.
If we brush it of then the human mind will once again put us in the same spot and repeat the dose.

I just want to make the point for all to know ISIS or Donald Trump don't move markets..
Sentiment moves markets, fear and greed of the unknown moves prices.

Astrology will never predict price or levels.
Astrology only foresees the emotional component of a market..
Yes the fear and greed !!!

On a lighter note
I see once again Australia freaking out over tax and how to raise more revenue.
Even in America tax will become an issue very soon also.

Get this
Apple makes $8 billion in sale in Australia and pays $85 million in Tax.
Apple makes $1.6 billion in sale in Singapore and pays $166 million in Tax.
Apple makes $168 billion in sale in U.S and pay $1.3 billion in Tax.

Is there something wrong here or what.
As long as these multinational companies can get away with not pay there fair share of tax then the people will always keep getting screwed for more.
These numbers came out of Bloomberg Asia.

This is how manipulated the system is.
Government hike taxes on the people! Not on these multinationals.
Then these companies stocks go up so people buy stock for the future, or trade.
Then the profits made when sold you pay capital gains tax on the money earned!
So who is getting screwed over and over again ..... Yep the little people.

Australia had a gun treasurer in Hocking going after these firms but unfortunately all stops got pulled out to get rid of him and the prime minister who told him to go after them.
Now in Australia there is a lame prime minister who is very well connected to financial institutions.
Yes the GST will go to 15% and then maybe even 20%.

Australia hasn't learnt from the German experience.
A quick note.
When Germany brought in the GST ... 148 billion marks in revenue at 10%
6 years later 126 billion marks in revenue at 15%
9 years later 125 billion euros in revenue at 20%
With population 50% more yet less revenue.
People are not dumb, politician are ....
Cash economy is Germany is thriving and nothing can be done to stop it.
Cash has always and will always be king...
Not gold or silver, these are just simple investment tools.

The only thing people need to do is put cash in a glass seal tight jar...
As rats might get to the cash under the bed or bed mattresses ...lol

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