Morning all

You don't need to be a rocket scientist to work out whats going on..
Regardless of what technicals are saying,the dip is being bought aggressively.

To the bear traders out there be smart and wait if you cant buy..
The market is gain serious strength.
Money is running out of the bond market and its lining up for equities.
While yes there is a strong case that there is no volume behind this move does there need to be?
IF VERY ONE IS HOLDING REFUSING TO SELL THEN MONEY HAS TO CHASE PRICE.

While many believe there is money on the side waiting to come in, others are questioning whether that money has been put to work already.
Regardless of the one thing experience has taught me , when good news is good and bad news is good then market is going higher.

Don't fight it like an arrogant trader, ride it like a professional trader.

For the Astrological students..

When there is negative aspect and the market trades sideways to higher, one must assess the slower longer term aspects not just the short term aspects.
70% of the time you don't need to but there is times like right now where this needs to be done.

Market have been trading as expected .

I've been bold and have been buying ES 1480 calls options December last couple of days.
Looking forward I see a rally.
The present creeper rally is just like busking daily.
You keep doing it and everyday you gain more.

For the week ahead take a look at both gold and the grains.
Gold might be ready to run to 1700 and grains could also move limit up over the next fortnight.

Anyway use caution ..


As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.

13th August

Hello to you all

Hope you all enjoyed a wonderful break.
I was fortunate enough to go to England and see the Olympics ..
As my country men and women tried to win for there country it was a wonderful experience and I recommend you all doing it at some point in your lives.
Truly eye opening when you train so hard for 4 years and then that disappointment, of not medalling, sad but eye opening never the less.

So where is the market???? in a bull crawl.
Whats a bull crawl?? Its when no one is around shorts get squeezed out by chip and charge players, and at the end of the day the Arbitrators where the losses of there Arbs short term.
Its in small stages so it doesn't hurt as much as long as the stocks are crawling up and time decay is washing out of the options everyone is happy except the retail SPECULATIVE traders who require volatility to make money.

Guys thanks for the emails will get to them slowly but for now lets just looks at whats ahead.

Most professionals come back mid to end of next week 22-23th of August.
With the market at these levels you will find many funds are behind the bench market as they have been in cash for most of the 5-6% rally ...
Not much but when you want to keep money you need to perform or you'll loose it.

Either this market drops back to the August open of 1379 on the cash which is around the 1370 by end of the month or is makes a run to 1420 September contract which would be around 1426 cash.

Warning sign is that the bonds money is being cashed in.
In other words will be allocated out of bonds into equities.

Whether this is for the election rally or Xmas personally I don't care nor should you as long as you make money.

The 14th this week is a cycle day which is interesting.
Because the moon is in Libra... Balancing act.

The VC on Wednesday as a nice negative tone  heading into the Venus/Pluto opp.

Thursday morning early hours this should continue before it wanes and starts to turn positive on Thursday for the open.

Fridays New Moon is a positive so don't take a topping view.( we will see higher highs before the next moon cycle).
We could see lows in grains and a turn to the upside in grains.

As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.

Monday 9th

Morning all

A number of emails regarding my last post came through.

Here is the reasons.

As a hedge fund manager if your taking off time during the holiday season you decide what your portfolio is and position is for upside potential.
Under no circumstances a Junior manager has the right to sell stock.
In the event the market trades lower the Junior do have the right to sell either futures or ETF's short on the indexes but not liquidate stock.
This is a common rule to which many retail traders have no idea of.
That's why you see dead volume days and that's the reason why you see market always seems to have an upside move.
In the event that the market trades lower and cash is sitting on the sidelines one phone call and money does get put to work.
Those selling stock during this time of the year do get raped on fills in stocks as stock manipulation is very healthy.
So all professionals know that selling during this time of the year is dangerous.
As orders are pulled and then if your opening naked shorts you do get squeezed.

Hope that's does explain it.
We have come close twice to the 1342 number Friday 1342.25 and today so far 1343.
While technicals are saying lower the astrology does not support this theory.

Gold hasn't fallen away as I anticipated last week but did fall.
Grains are running hot and I think its wise to back away as we saw some of the volatility creep in Friday and grains came off hard only to run up again this morning.
Same with Coffee ran to 185 only to drop off to 175 on Friday.
There is serious moves coming on and one does need to be patient.
For jumping on a bandwagon for the hell of it could cost you  your money.

Today I have a sideways to higher market and in fact all week seems to be this way.
Today I went short the bonds at 15010.
I do not see how anyone would park there money at the fed and be charged to do it .
Looking for at least a handle or 2 slide before the week is out .
I continue to have a bias to the upside

Cheers
As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.

Evening all ...

Well its official this market is in the early stages of a bull run..
I know many of the bears will question the statement but what I am looking at this could be a sister bull 200 S&P points
I will explain my reasons..

Full Moon in Capricon is a powerful moon.
It tends to be a high or a low and tends to hold..
In many commodities and indexes depending on there astrology you tend to see this being the case.
For this to be negated we need to see a 1% closing low from todays low.
Example 1355*1% =1342 close would eliminate this move.
Also you are witnessing bad news as ( ok so we expected that) buying on the dips.
Expectation on profits are very low at the present time with 12 P/E.
While the average is 16, to see a 16 multiple your looking at a 1500 S&P.
We have the Olympics soon and the holiday season in the US coming..
Are they bullish for the market the short answer is yes.
Technically the market will be seen as overbought, but as your all aware I question technicals.

Its obvious now that the Fed and there partners are going to take a different course, than what the market wants.
Inflation here we come.I will put more up regarding this later..

Cheers
As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.

July 3rd

Morning all

Well as you can see the markets are trading markets ..
Oil... I got stopped out just below entry which was disappointing but thats the way it goes.
As for the market I am holding short from 1359.50..
Regardless of what happens today please make sure that you do cover all short trades today on the close.
Today is a full moon and as some of you know full moons bring out bottoms or tops.
I'm thinking that today could be a bottom and thats why I will close my shorts out today.
I wont go long tho as a closed session and at the mercy of Europe isnt a good thing.

Those who have brought grains when I mentioned some weeks back I think its time to take profits and wait.
Same with coffee also .

Cheers
As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.

new year ahead

Morning all ..
As stated friday wasnt a day for the faint hearted.
Perfect example of bull shit flowing .
Its was the sheer lack of selling which ran the market even higher that it went.
Yes it was also one of those 15% times where the astrology got it wrong..
Anyway such is life and we move on...

This week I dont see any shining light for the market or the metals market... infact I will be suprised if gold doesnt hit $1500 by week end.
Today I would wait to see how much carry over there is as there does seem to be some from Europe.
Then I will be selling ..anything above 1359 is my target looking for a1335 handle by Tuesday close.
To be honest the EU announcement was crap friday and the reaction was a laugh.
I am a seller of oil above $84 today also..

Cheers
As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.

Afternoon all

Well once again the astrology has got it right which is great .
These are trading markets so when you hit your profit targets close out and wait.
These markets are not markets to buy/sell and hold positions.

Today was the reason we insisted you close out long oil yesterday..Down 2%
market went down as expected but as I said yesterday personal interest are at the forefront for another 26 hours.

Forward looking

Tomorrow is the last day of the financial year.
sugar coating should be heavy, there is now no way this market will rally with the astrology tomorrow.
Sure the Sun Pluto affect will be negative but wont really get going until after 11am tomorrow.
So the likely hood is that the market might rise in the morning then drop a little during the coarse of the day .
I see a serious arb going on tomorrow .
Buying the S&P stocks and selling the futures..
The thing is that the floor will know this and will be active sellers all day and will cover near the close when the arbs set up for the move 3 minutes to and 3 minutes after 4pm..
It would be so much easier if it wasnt end of the financial year tomorrow.
Anyway you will need to be sharp tomorrow, and if your not please dont trade, as you could get whipped.


Cheers
As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.