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Friday, July 16, 2010

Trading with red numbers

July 16 Trading Day

We already projected and you knew it well what was in store. You can see the markets have fallen badly. Overall a very negative day for any asset except just a few commodities, stocks and currencies.

Now if the decline is steep then Monday could open high initially.

Some key hours that may have minor reversals
10.15 am CST
11.30 am CST
12.05 am CST
11.30 am CST
12.50 am CST

+ We already informed much in advance and discussed it yet skeptics do not believe it. At times when we speak of past we believe it all cos we think it may have happened but when someone speaks of future people ridicule or think this is impossible. That is the wonder of future.
Future looks always impossible and we do not believe till we literally see it.
The markets only favor those who can follow the FUTURE and not the past.
Past is all dead beat data, charts of no value. Past patterns repeat but most market watchers do not know how to fit those patterns with present or future times hence they lose and end up merely speculating.
However if we engage in multi discipline and multi dimension studies and research we can enter into future right now. It is a different realm beyond belief. BUT remember that belief is nothing but a temporary idea of things.  There is no permanent belief of any kind any where. Markets are as temporary and unstable like mind, material world and its mirrors and smokes. All the illusory yet visible scene we call belief is because of the past evidence. Yet past is not the answer to "next PAST" we call future.


+ Market JUL 20 - 21

As expected the move of 20th may continue till 21st. If long be alert about 2 hours after open.

+ Many Asian markets should open with a good up gap and may remain strong.
+ European Markets may open green on July 21 too.

COMMODITIES: Some wild reversals may be seen on some metals and Agri/soft commodities from Jul 22. Will specify later.


+ July 30

Dear Friends

Thank you for your posts. I am really sorry for not being able to connect with you through this blog for certain obstacles I have had. Life is not very easy at times.
From today we do enter into a very delicate period for all world issues specially the markets for next 12/13 days literally. Hope the events of next weeks are not harsh but please do take care.

+ Expect some reversals on USD and EUR currency and a few commodities from coming trading days.

52 comments:

  1. Astralguide,

    This blog is amazing and I would like to thank you for all of your hard work and for so generously sharing it with all of us.

    I am very grateful,

    Alesund

    ReplyDelete
  2. Dear Astralguide,

    Your blog is outstanding! Thank you so much for all you've been doing for us humble speculators.

    MaxAlex

    P.S. I would also like to thank Reza for his valuable input on fake prints!

    ReplyDelete
  3. Dear Alesund, Aaron and MaxAlex

    Thank you for our kind comments. I appreciate your being together.
    It is very important to share real good stuff as that is one way to fulfill our being.

    I think sharing is adding to our fortunes. It is not the gains of life that have value but the values that we share.

    I am glad to know I am not alone:)
    Please feel free to comment. I try my best to post clear indicators. I know many friends have been able to make use of the info as they wrote me mails. THANKS to you again.
    astralguide

    ReplyDelete
  4. Dear Astra,
    I felt to be so grateful to find your blog and learn from your insights. Have learned lots from both of your blogs. Thanks for sharing it!

    Aaron

    ReplyDelete
  5. Dear Aaron Thanks bro.
    I am glad. Do you have any positions currently?

    They already dropped about 25 points today so it may not make sense tot short now. I expect a minor rally or up and down on Monday. Tues and Wed are two weak but potentially positive days so we will have enough time during the weekend to find good stocks to short. Do you have any particular area of interest or you do index or commodities?

    ReplyDelete
  6. astralguide,

    I would be interested to know if you think commodities or the markets will drop more.

    I am already short the Russell 2000 (puts on IWM) and with FAZ but am wondering about oil, base metals, and gold, silver, copper.

    Thanks!

    ReplyDelete
  7. Dear Astra,
    I opened up some SPY Sep 90put position on July 14th and added a little this morning right around 1080 S&P500. And I am waiting for the minor bounce you have outlined in two of your posts about July 19 to 20th period which means I will load up way more.

    I have also notice there are two stocks have drawn my interests lately are: ARNA and SOMX. They have been doing quite well during the board market is trending down. Do you have any targets on those from late July to Mid Aug time period. I don't have any position in those two.

    Thanks,

    Aaron

    ReplyDelete
  8. MaxAlex Are you still on with BP short position?


    Oh Alesund I just got your message on mail. I will get back on commodities with a clearer view. Base metals are slightly following the broader markets but Gold will diverge soon and make a wild move as usual. I see Crude going to bust in next 3 weeks and Agro commodities are totally different dimension as they have their own fundamentals but will get back on that.

    ReplyDelete
  9. Hey Aaron Congratulations that was a very good move. I think a 25 points move today would be enough for now as there would be some natural retracement. There could be some last possibility to short on 19 or 21. I will try post some more on these few days but the next week initially is weak. We must not forget that GS needs to recuperate a few hundred m bucks to pay the fine so we should expect some wild moves next week:)
    Let me get back on ARNA and SOMX shortly.

    ReplyDelete
  10. Dear Astra,
    thanks for the heads up again, I am gonna watch like a hawk during the 19 or 21th :) With your indications and early warnings sure will help us to print a way clearer picture of what's coming..

    Thanks again!

    Aaron

    ReplyDelete
  11. Dear Astralguide,

    Yes I've been short the BP stock. Have not inreased my position yet (decided to hold my horses till between the 19th an 21st as per your view for the next week).

    I've been also short the British Pound since yesterday's NY close expecting it to drop below the 1.40 handle within the next 3 months. Could you please share your view on the GBPUSD?

    Thankfully yours,
    MaxAlex

    ReplyDelete
  12. Ooops, sorry for the double post.
    MaxAlex

    ReplyDelete
  13. MaxAlex I get you. Let us see BP. You know I have been studying it for last many months and in fact as I posted few times I had found a severe bad luck in April/May for their group. But as we can see all that goes down in life also comes up as many times when we reach bottom we are thrown up by sheer force of fall. Let me study BP from a few angles as I see some very tricky situations on their natal chart. They may do some drastic moves so one has to be cautious.

    On other BP the great Pound of Britain is some how connected with an energy pattern of Yen and you will see that BP does not follow Eur or SF always. Despite all I like this currency more than SF or JY etc. Let us see if we can find some clues on it and will share.
    My question to you is your basis for shorting Pound is essentially any fundamentals or tech indicators?

    ReplyDelete
  14. astralguide,

    Would be interested to know if you see gold making a wild move up or down.

    I'll guess down.

    Silver will follow but much worse correct?

    ReplyDelete
  15. Dear Astralguide,

    Thanks a lot for heads up. My reason for shorting the Pound is purely technical (and also Elliot Wave based). Looking forward to your next great post (great as always!)

    MaxAlex

    ReplyDelete
  16. Dear Alesund

    I am with you on Silver but it can surprise us as its behavior is not very close to Gold even though technically it appears so.
    Let me do a quick review again for next days.

    Now GOLD will surprise next week around mid of the week anytime with a major move.
    Frankly I see one big possibility of a higher move but I have to read it clearer. Before a big drop there would be I think 2 up moves which we need to time. It is wise not to believe its technicals blindly cos Gold can be very treacherous.

    ReplyDelete
  17. Thanks astralguide,

    As mentioned, I already have some shorts. You see that it is best to wait until Monday to add as we might open up?

    Thanks!

    ReplyDelete
  18. Dear Aaron

    ARNA Arena pharmaceutical stock:

    Indeed it has run an interimittent run. My projection for this stock is that it will do somewhat well from 20 to 22nd July then 28th and after that on 2, 3, 4 Aug. Let us keep in mind that it is not running in concordance with the broad market. It is a volatile stock with heavy volume.

    ReplyDelete
  19. Dear Astra,
    Thanks for the detail information on ARNA and it is indeed a volatile stock. However, I would more prefer to set up a swing trade for the late July till Aug period just like to trade SPY for now.

    Really appreciated your help on ARNA. Have a great weekend. can't wait to read your new posts. :)

    thanks indeed,

    Aaron

    ReplyDelete
  20. Have a great weekend everybody!

    ReplyDelete
  21. Thanks Aaron and Alesund

    I will be posting the rest of the stuff discussed today later. If you have any questions during the weekend please kindly post here.

    Have a great weekend and let us find some strategies for next week to play successfully.

    ReplyDelete
  22. Oh good, the blog is open again. It was locked all day.

    Any updates on this week astral guide?

    Thanks!

    ReplyDelete
  23. Hello Alesund

    How are you? The blog was closed by an asst. by mistake as I was away.

    Well this week is pretty weak but we could have some action on Jul 21. Rest is shaky and wont have much strength.

    ReplyDelete
  24. So this week isn't going to be a major move either way in the equity markets. A lot of chopping around I guess.

    How about gold? I believe you said last week it might make a last move up before heading down. Any updates?

    How about oil?

    Lastly, can you let me know what you see for the gulf oil leak? This is a worrying situation and I am hoping you can enlighten us on this. This is far more important than the markets of course as it concerns our future survival.

    Thank you so much!

    Alesund

    ReplyDelete
  25. astralguide,

    I am being rude as I didn't answer your question. I am doing well although the heat is getting to me these days.

    How was your weekend?

    ReplyDelete
  26. Hello Friends

    Kindly join this blog by clicking on FOLLOW.
    In addition if you could send an email to networks777 at gmail with your user name or a brief on your interests with subject line: FMAG member

    This will ensure that your address will be included and you could have an exclusive access to the blog.

    ReplyDelete
  27. Done! I am now following the blog.

    ReplyDelete
  28. Dear Alesund

    Thank you for comments. Well you could kindly scan a blog post at http://astral-guide.blogspot.com as there is a potential of a massive gas explosion or some sort of sea-quake. I will try to time it with some period but it looks very possible that an ocean/mineral/gases related disaster could happen between Venezuela and US Coast.
    This could have major consequence and could be extreme disaster. Unfortunately USA and areas around GULF/Caribbean is passing through a very testing time this summer and Next 3 months could be very crucial. Obviously nobody wants to witness such horrible event but anything is possible.

    Unfortunately the humans and Governments wont be able to do much now on cos they have already delayed and caused great damage.
    On other hand from July 22nd onwards [not necessarily same day] some other events would begin to usher on the horizon and many strange things could happen in respect to natural and economic calamities. I am doing some research on these issues and will be hopefully posting on other blog.
    Obviously and naturally I do not believe in being negative but if we project some forecasting at times the events gets lightened up or some how Human beings begin some sort of communication with nature and other humans.
    We are running on the lowest of the cycle on a grand scale and these 3 years will be the most vital for our survival at least 30% of humanity. I am not joking really. It is a very grave concern because I feel some grave explosions may occur in form of human error or nature's cyclic reaction to past.
    Since you asked about it I will surely post more on these issues.

    ReplyDelete
  29. I guess I am concerned that these explosions, should they occur, could spell the end of all of us, but I have to hope that they won't.

    Hopefully, you can keep us all as informed as possible and of course I'm sure the markets are secondary to all of us here.

    Thank you!

    ReplyDelete
  30. Dear Alesund

    In fact I was busy during the weekend engaged in a research project. More I go deeper worse it gets. I am usually extremely optimistic and believe in our world.

    Yet I hope and pray we wont end so soon. We will continue but then living in this world is a test isn't it?

    The difference is that time of great peace after the second world war is over perhaps.

    ReplyDelete
  31. astralguide,

    So you see tough times ahead, but that we will carry on and hopefully mankind will experience a profound change for the better?

    Alesund

    ReplyDelete
  32. Hi astralguide,

    I am interested to hear more about the big reversals in commodities on Thursday the 22nd.

    Please let us know which commodities and which direction if you can.

    From my studies, I would say a big move down is coming in gold, silver, oil, and other commodities. Grains I would believe would continue up. US Dollar up. Equity markets down.

    Thank you!

    Alesund

    ReplyDelete
  33. Dear Alesund

    Sure will get back shortly with some news.
    A few commodities reverse between 22nd and 26th. USD Dollar begins a major ride within a week meanwhile EUR consolidates.
    I see something abnormal on Gold and will get back alongwith few other metals.

    I think that Agriculture and soft commodities have their own track mostly and they are slightly influenced by the path of USD at times.
    Your reading is pretty good.
    Markets have some steam left.

    Tonight and Europe open futures should be hot.

    ReplyDelete
  34. Great!

    So you see some steam left in equity markets and then a selloff?

    Selloff starting later on 22nd or on 23rd? That is what my cycles show.

    ReplyDelete
  35. And USD major ride is up, right?

    A big move up in USD is what I see coming.

    ReplyDelete
  36. Dear Astra,
    thanks for the quick updates on where you see things for the short term period. I have added more puts today as expected bounce in equity market as per your accurate predications.

    Read some information that there could be a potential move (wasn't sure the direction tho) on Friday 23rd for both Sliver and S&P. Do you see that as well?

    Thank you for your great work!

    Aaron

    ReplyDelete
  37. Dear Aaron
    Sorry for the late reply.
    Yes the potential move should be there.
    Thursday and Friday are quite weak days.
    Today should be slightly strong day but if there is much manipulation anything is possible.

    Alesund : Yes on USD but I saw a significant reversal next week and some news driven moves on few currencies specially EUR.

    ReplyDelete
  38. Dear Astra,
    again a great call for today. can't be better than that. Jay from Jaywiz is saying a huge rally on S&P around 27th to 28th from his July power graph. Does that in line with your predictions on a significant reversal on USD next week? Should I temporary cover my SPY puts on Monday 26th and reload after 28th, or just hold it through?

    Thanks!

    Aaron

    ReplyDelete
  39. Hi astralguide,

    Your guidance for today and the coming days would be much appreciated. The big money are playing ping pong with the markets.

    Thank you

    ReplyDelete
  40. Good Morning Alesund and Aaron

    There is a rather very positive today at about 2 Est. On 23rd morning very early hours there is a very positive aspect. These aspects can bring a big spike. The rally should be difficult to sustain frankly. I see the decline from tomorrow even though there could be one and half positive days next week too. More on this later with more precision.
    The positive aspect of today is so strong that it could make almost any commodity green today.

    Now if you are cash you are fine you can play intra day trades. If short on medium term you could perhaps keep for now.

    ReplyDelete
  41. Thanks!

    Any additional info you can provide is much appreciated.

    ReplyDelete
  42. To add to my earlier comment Friday morning we should reach a certain Fibonacci Ratio that could be considered a peak.

    If you notice I had mentioned few times that 22nd will reverse many commodities.

    From close today some commodities driven stocks may show strength but broader market should begin a gradual decline.

    ReplyDelete
  43. See the board is open again. GR8

    Anyway, in early July I said if we hold into July 9 we might have an ABC rally into today.

    It's getting hard to stay bullish but it might take until Tues. for the turn.

    ReplyDelete
  44. Should add even though it might take a couple days for the worm to turn, I'm getting positioned.

    ReplyDelete
  45. Anybody see anything of importance for the end of July?

    ReplyDelete
  46. Everyone give up? The ABC rally should be almost done.

    ReplyDelete
  47. Dear Astral

    How have you been?
    I'm alright these days and thanks so much for your every kindness.
    I suppose you're so busy researching and studying, or might be on some business trip... anyway, I hope you're fine.

    I've been watching US stock and D/Yen these days, and I feel weird especially when I see the price movement in US stock indices. Today for instance, there are strong negative energies with some positive energies which mediates the negativity during the trading hours in NY.
    But it seems to be highly responsive when the positive energy comes around, and is not much so when strong negative energy appears. Maybe a lot of manipulation?
    Instead, I feel dollar/yen market seems to be more natural. Is that right?

    Anyway, as you suggested before, and as gin just told here, I think this rally will not last so long.
    Maybe by the end of this week, or at least early in next week, it will fall sharply, I guess. Of course anything can happen under this celestial circumstance. But if Bulls can raise the price strongly first, Bears can also do the opposite things more sharply afterwards because its along the natural energy. We might have to be very careful this time, though...

    Since Japanese market is much weaker than other Asian markets now, I'm holding some short and waiting for the chance.

    Hope you'll come back soon,

    Good luck to you all.

    ReplyDelete
  48. astralguide,

    Hope all is OK with you and hope you have the time to update us soon.

    All the best,

    Alesund

    ReplyDelete
  49. Dear Friends

    Thank you for your posts. I am really sorry for not being able to connect with you through this blog for certain obstacles I have had. Life is not very easy at times. I have many challenges to resolve and at times life is pretty hard.
    I hope you are doing fine. Please kindly check this blog around tonight or Saturday hopefully and if possible I will post some views on the current status of market.

    From today we do enter into a very delicate period for all world issues specially the markets for next 12/13 days literally. Hope the events of next weeks are not harsh but please do take care.

    Will get back in next few hours.

    ReplyDelete
  50. hey Astra~~ glad to hear from you again. as we are now experiencing cardinal climax from 30th july to 3rd agu, i wonder will this have a reversal effect on the markets?

    as always, i would like to hear some advice from you on oil futures for next week and later. ( and are you still expecting to see 950 on SPX this summer?the market is acting strong recently...)

    thank u in advance.

    ReplyDelete
  51. Dear Astral

    Feel sorry to hear you're having a hard time.
    I think every one of us will have to, and will be able to, get through this critical time one by one, and the most important thing is to take good care for yourself.
    So please don't try too hard for keeping here update.

    Wish everything goes very well for you.

    ReplyDelete
  52. Dear Hiyoka
    Thank you for writing. I really appreciate your compassionate feelings. I am sure your good wishes will be very helpful.
    I will to post a comment on Japanese markets shortly. If you are still holding the short you could just keep for few more days perhaps if that is possible.

    Dear Yushan : Great to hear from you dear friend. Well I wrote a new blog post today. Please see anything is possible between 3rd and 10th August for now. Will get back on Crude shortly after a careful analysis.

    ReplyDelete

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