review

Just a quick note I forgot to mention for the Bear brothers out there..

Considering the dollar is so strong, and the market down some what, we are not seeing both gold and bonds respond to there moves...
Indicates maybe a bounce is on the cards later on..
Am I a buyer ...No but a profit is better than no profit at all.

Hero's come and go like the wind... Smart bears take money when its offered

Paul Tudor Jones

book profits

A little harder than I thought to post and trade.
So next time will trade it and be done with it.

Anyway ...I held into the numbers, not because of the numbers but because of the Euro in a slide away.
No matter what the numbers are the market would be a sell if the euro can hold up.
That's why even the fed donated $600billion  Xmas to the EU to prop and buy euro bonds and the Euro..

So for the first trade I closed out at 1262 which is a nice 11 handle profit.
Banking and enjoying.
While I do see more downside when you look at the risk associated with obtaining that reward its not really valid so, happy to wait.

book profits

Morning all

For the students of Financial Astrology Note the time and the aspect which occurred... Time was given yesterday.
So put that in the book of aspects to remember.
With some serious numbers coming out today one may want to look to cover position and not risk a potential loss of profit.

Presently market is sitting at 1265 I will wait to see where the market is and then decide ..

cheers

Positioning

Morning all

OK well we have let our first trade go ..
While I was waiting for a back fill yesterday which never occurred I am starting to wonder if the market might be blooding out or as some might say no short suckers to squeeze.
Therefore if this is it then the market might just starting slowly sliding away today and for the next couple of days... nothing serious just a slide.

So I'm hold short position from 1273. stop at 1281 target 1257.00

Cheers
For the students of Financial Astrology one to note.
As its important to understand how astrology works its also important to understand how the moons reaction to the financial markets will trigger moves.
Take note of the Void of Coarse times and the transits they progress into.
As time goes on I will post what I look at so you can have some idea of what I look at .
Thursday the V/C comes in at 3.46am  NYT...and its Squaring up to Neptune.

While some will charge your for lessons on Financial Astrology ( and so they should ) I've made enough and its time to give something back.

review

Happy New Year  to you all .

DONT SAY I DIDNT WARN YOU
OK down to business ...first lets look at Apple...
The reasons why I say that APPL could and will loose 40% of its value.
Its launch of its Ipad 3 version will be a disaster, from software issues ,lawsuits to supplying components delays.
As they are looking to launch it on the birth date of Steve Jobs its only adding fuel to the fire.
Come end of April if the stock hasn't lost 20% of its value there will be something wrong with either my work or something else in play..
To put it simple I cant see this stock trading above $300 come end of April.
In say that there is also pockets where the stock will rally leading up to it until the details come out about its lack of innovation.
Once the stock become tainted its all over .
Similar with Netflix stocks tainted and will never recover.
I took $400 as a number where I think a short can be established but there is still plenty of time to establish positions.
In the options once again I am looking at Puts 350 July if I can bid for those under $10 great if not will wait there is always tomorrow.

In the market while I have no positions yet I am looking to be a buyer after the first hour or 2 today on the market.
The massive gap up needs to be covered some what and for that reason I am prepared to wait..
Everything else at the present time I don't have much.

This year once I obtain a positions I will display both profit and losses and stops on also as many have requested it..
I will only trade up on 1 lot ..
 cheers and good luck for the year ahead

just a quick note

Hello to you all.
Just want to wish you all a happy new year and may all your objectives/achievements are fore filled in 2012.
Haven't bothered with the markets as family time now is more important.

Will commence again on Tuesday till then enjoy celebrations.

Will respond to all questions and emails next week.

Cheers

Good Morning

Merry xmas to you and your families...