Questions.

Hi readers
A great deal of questions so rather than responding by email, thought it would be better to post for all to see.
1. You stated previously that China will be the catalyst for a disaster, China just lowered growth is this the start?

Glad you remembered, yes China didn't have a problem signing it's free trade agreement because it knows that slowing growth domestically will cut imports while opening the door for exports.
Countries need to focus on there strengths and stick to them.
Under 8% growth spells trouble for Australia, that is not rocket science as Australia has put all its eggs in one basket.

2. When are you going to be updating daily.

I've just obtained my license again to recommended, while I don't intend to I can update on more futures markets.

3. How strong do you see the US$ getting, as want to plan holiday.

I do see the dollar get far more stronger, 105-110 is next stop..US DOLLAR INDEX.
If your American enjoy it's your time for the next 2 years.

4. How low does the A$ go.

We have seen over the last couple of weeks that no longer do interest rates work.
So cutting rates is only excellerating the move down.
It's my personal opinion that the 60-63 level should hold.

5. How long is this cat and dog game will continue in the market?

I think it's smart for you not to become sucked into becoming a Y gen punter in the Stockmarket, as has been the case in Europe and the U.S.
People with no idea have had to put there life saving into the Stockmarket hope to obtain a comfortable return.
Stockmarket over the next 18 months is a gamblers paradise.
Opportunities will come where good companies will be very cheap then that would be the time to buy and forget about them and enjoy the recovery.
But that's not now!

6. I know your a bear on gold but for how long?

Gold in my view is a waste of money, you don't buy things with gold coins.
So gold is just to preserve wealth, not to grow wealth unless your a trader.
Right now gold is expensive, sure if gold was trading around $300-400 that would be cheap to buy and hold but at these current levels it's not worth it.
It's the same with oil, silver or even copper, it's a supply and demand issue.
In a slowdown prices come down.
Yes interests always will talk up the price and the need to buy now as prices will increase.
But the truth:: we can do without and wait until price comes to our level.
Same can't be said for grains or soft where people have to eat and weather controls prices.

As stated previously

Hi readers
As you have witnessed over the last couple of trading sessions what goes up will come down.
The levels previously stated the (23/12) levels over those points markets are a sell under those are a potential buy.
Astrology has a nice way of seeing thing in the future I guess.
So let's look at what's going on!
Gold is slowly sliding but as long as the European issue lingers it might hold above $1000.
Oil is just holding up with the covering of shorts , but that's about to seriously subside, so new round is on the way and starting from $50 I guess .
The US$ well that's king as we had recommended years ago.
To the Australian readers the A$ is just holding on by the skin of its teeth.
With the cut in interest rates and no response from the economy Australia could be heading into serious deflation like Europe.
Government needs to be very careful on policy now.

In stocks we have seen a run on all tech companies whether they make money or not.
To be honest had me sweating it out a little.
NFLX ran to $480 and now back to $435
TWTR ran to $50 and now at $47
FB to $80 and back to $77
So it's really had a hyper run without substance the market, so let's see how the market reality hits a little to the hype.
I wonder what will happen if the lending rates increase a little.

Where is Australia going!!!

Hi readers.
Markets of late have been some what boring to watch of late unlike the political drama in Australia.
Gold is building moment for a run down while oil shorts took profits and pumped oil up a little.

In currencies we saw the RBA cover there short potions in the currency at 76-77.50 and Europe just playing around with Greece.

In the Stockmarket stocks in certain sectors a climbing but seriously the P/E ratios are becoming ridiculous.
We are getting close to tech bubble levels.
Apple stock is climbing for I don't know what, when you can buy a IPhone6 in Singapore for $5 singapore dollars, which is I think around $3 U.S.
The market has you believe that they are making money?
If anyone looked I do believe it costs around $104US to make.
Again it looks as tho astrology is early which is annoying but better early than sorry.
As for Facebook and Twitter well I'm wrong on those at the moment but still holding.

Question
Who do you think is the ideal leader for the liberal party in Australia.
I did do the astrology for all potential contenders and the current prime minister.
Yes I am going to bill you for it to as it took over 10 days to do...LOL

The best thing for the current government in Australia is to just let Mr Abbott lead.
While he can be a little erratic his the ideal guy at the moment.
Julie Bishop : over the next 8 years she is learning, and will do wonderful things. She looks great in a team environment but as leader she will fail to flourish for the time being.
Malcolm Turnball : he is seen as an upper class suit and won't get the support of the people should the party look to elect him to lead, is Mr Abbott if having a hard time talking to the people then Malcolm has no chance. People won't give him the time of day even if his doing the right thing.

As for the Opposition party, God help Australia if this guy gets in (Bill Shorten.)
There will be complete chaos with overseas deserting Australia as a business destination.

The politician with the best horoscope and the potential to win at least another 2 terms in office is someone out of left field which wasn't even mentioned.
Scott Morrison is the ideal candidate to take over later in the year when health issues hit the Abbott household.
His chart is as good as it get.
He still has another 6 years of his Jupiter transit.
It's just gone through Mars as he was immigration minister and his stop asylum seekers coming to Australia, now his Venus it about to get clipped also which means he will succeed in his new portfolio.
Next year he will have his Neptune activated also which will make everyone believe the words he says.
In other words people will see him as the people's person.
If the liberal party want to win the next election they must go with Mr Morrison.

Good luck with it bills in the mail...LOL

Update

Hello readers
I thought to take off a couple of weeks for a holiday as the Mercury retrograde was going to affect me   Massively.
So where are we at!
Markets running hot, oil is back above $50 and gold is back to the 1220 area from 1300.
Bonds from when I last saw them have lost 6 handles, from 151 to now 145.
U.S. dollar is pushing up strongly and everyone else is trying to follow the U.S. model of devaluation.In Australia well that's another story in itself....LOL
Facebook stock is stagnate and Twitter had a pop from number which to me a questionable but we shall see.
Apple wants to get into the solar industry and for what reason I don't know.(too much money)
Russia is on a no win crusade, and the ISIS THUGS are still scaring the world.
I don't understand why the CIA just don't get there operatives to start killing some of these thugs the same way is beyond me.
To say the CIA don't kill people is laughable so why not fight fire with fire.
It seems in Australia that they have got a bad batch of berries from China, with hep A..
How dumb is a country like Australia so big and importing berries.....
Beyond me to understand.

People mark my words China is the seed to the next collapse.
Not Greece, or Europe, and neither Russia.
Everything that China is doing will be a detriment to the world.

First in was Hong Kong, then it was the free trade agreements, next is the trouble in Australia, will balloon across the world, and Chinese growth will fall away far more than many expect which in return will affect the world economy.
Germany's economy runs on China juice, so does France ,U.S. and Australia.
Russia needs China to export oil, so you can see how the world is like a domino affect.

Interesting times ahead

Monthly reading

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) .

Gold isn't as safe as you believe!!!

Hi Readers

Many are confused regarding support and resistance levels?
In a Mercury retrograde period there is no such thing so please don't work from those.
Yes the A$ was attacked yesterday and there is more on the way.
The Astrology of the A$ isn't good for the next 6-12 months so please be careful.

In regards to gold as most trade it.
It's extremely overvalued at these current prices going with what the astrology is showing.
I make the point for those that use technicals.

For the U.S. dollar at its current rate gold price should be $977
At the current oil price of $45 gold price should be $ 956.

As I said before at some point gold will catch up and come back to it usual ratio's.

Astrologically for the next few month gold is very negative.

The next cab of the rank is the US bond market, very overpriced but the issue there is that there isn't a lot of negative astrology hitting bonds until September on. So not a smart idea shorting there.

I hope the above assists
Cheers

Questions/Answers

Hi readers
Need to get this out as many are asking same questions.

With the current profit results what is your valuation of the market?

Looking at the numbers which have come through at the present time, I feel as tho the market is at least 16% overvalued.
There are many companies that are grossly overvalued and some undervalued.
You need to be patient and wait for a bargin, same as when huge discounts are on sale at department stores.

How far does the A$ fall before its fair value?

As I've stated before this is a deadly game the RBA has got itself into and with the green light given to funds to sell the dollar there is no reason why it can't fall below 75 or even 70 to the dollar.
If you have US dollars and want to convert I would wait.
When the dollar was 1.05 a couple of years ago and I stated that it would never see this level again for a good 10-15 years only very few took it on board.
I'm glad some did and are just waiting.. You have made 27% on your money risk free, never get that in a term deposit.


If Greece leaves the euro what will that mean for the country?

I did the astrology on this and while there is short term pain, there is major gain for the country in 5 years time.
It's the creditors who are going to face huge losses and this could mean Germany will have to either defend the euro or prop up banks.

After APPL profit results are you still confident of $80, not $150?

Yes well it looks great but this is why the stock was $100+ area. Looking forward if you think the stock will keep appreciating then buy it.
I'll let the astrology do the work, and then say I told you so..
Betting against astrology is only 15-20% of the time right.
While I refuse to short the stock because of the war chest Cook has at his disposal.
I'm happy to wait for my price to buy it again.
Good luck ...... You might just need it .....LOL