11/8/09

Who will blink first?

Tomorrow the world market opens with Australia, Japan and China


Here, in Israel, we had a gap at the opening, but then the whole day the market stood still, at one level as if waiting for the rest of the world before deciding which way to go .


Which index will blink first? Australia's support is at 4340, resistance at 4895.

On the graph we can see the RSI in negative divergence, while the index rallied. Also Macd might form the same pattern as in June-July, meaning lower lows in the index.
 
The country of the rising Sun, Japan, is more promising. The Nikkey made a double bottom last week, and now with the positive divergence from the RSI, might form a W pattern. Target: 11170. Support at 9628.
 
Astrologically, by the time the market opens in the East, the Moon will conjunct Mars in Leo. Venus is weakened in Scorpio, forms a sextile to Pluto. But the square between Saturn-Pluto hangs up there as Damocles' sword. For those who do not know the story, here it is: 
 
  Once upon a time, lived a very rich king, in southern Italy. His name was Dionysius. "To all appearances Dionysius was very rich and comfortable, with all the luxuries money could buy, tasteful clothing and jewelry, and delectable food. One of these ingratiators was the court sycophant, Damocles. Damocles used to make comments to the king about his wealth and luxurious life. One day when Damocles complimented the tyrant on his abundance and power, Dionysius turned to Damocles and said, "If you think I'm so lucky, how would you like to try out my life?"



Damocles readily agreed, and so Dionysius ordered everything to be prepared for Damocles to experience what life as Dionysius was like. Damocles was enjoying himself immensely... until he noticed a sharp sword hovering over his head, that was suspended from the ceiling by a horse hair. This, the tyrant explained to Damocles, was what life as ruler was really like.


Damocles, alarmed, quickly revised his idea of what made up a good life, and asked to be excused. He then eagerly returned to his poorer, but safer life. "(Wikipedia)

This is how I see the Saturn-Pluto angle. In order not to be surpised, keep your stops close. A change in trend is close.

8/11/09

57 comments:

  1. I think we will turn today or latest tommrrow. Today is bradly turn date too.

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  2. Hey Yash, who is "we"? where r u from ?

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  3. I am in US and I trade in US and India market mainly. I sold longs too early today am and took shorts. Now I am confused whats going on. Todays rally with big A/D, I am worried about my shorts now.

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  4. Hi Gaby,

    Are you around .. wiill dow turn at 10350 .. i am bleeding in red on my shorts

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  5. Hi Yash,
    you can see it did turn. :) as expected.
    Now relax, we are on the way down.

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  6. Hi Gaby,

    Its going up again. Is it temprary? I am fully dependant on you!

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  7. Hi Gaby,

    In your first blog you have mentioned Nov 13 as spx turn date. Are you still going by that as turn date to start downturn?

    btw its Friday the Thirteen tommrrow.

    Yash

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  8. Hi Gaby,

    Waiting for your update over weekend. I am still holding my shorts but seems like I am loosing patiance now. Whenver market tries to go down it goes very few points and then up much more points. What kind of pullback is expected and when?

    Thanks,
    Yash

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  9. Hi Gaby,

    Its gone up again. When is going to stop going up?

    Thanks,
    Yash

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  10. Hi Yash,

    We see a slight pull back, after yesterdays' rally. If the Dow will fall below the last bottom: 10366, we shall see it at 10324 soon.
    However, I cannot tell you that a major breakdown is on the horizon. The only Index that really made a turn is Turkey's. What they know that the rest of the world doesn't?

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  11. Take a look at the chart of Turkey, Nikkey, and SSMI-Switzerland. I think we can learn a lot of these charts. The Dow and S&P will follow Turkey, as it looks now. Dow financials and Dow real estate giving a push for a further down movement.On the other hand we should take in consideration the movement of the planets. Each ingress brings its new energy....

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  12. As I see turkey nikkey all corrected at or more around 10% from their recent highs. US markets never corrcted 10% ..biggest was 1101+ to 1029 last drop. Whatever I read about cycles , dow theory etc, all say it will go up again after current mild correction. Not sure what are your feelings.

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  13. Hi Yash,

    Turkey's index made a major pullback, unlike the others, it fall from the support line, now expected levels: 439-425.

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  14. right. you said 'The Dow and S&P will follow Turkey, as it looks now.' .. but there are no signs of major pull back in US soon. Are you expecting majot pull back in US in current downtrend?

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  15. Hi Gaby,

    It takes long time to appear comments. I wrote one yesterday and it is not seen yet. Not sure if you decide what to post and what not or its technical issue.

    btw US is way up again. Most of Mondays are surprise jump

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  16. Yash, the reason of the delay in your posts is, the time difference. I see your posts only the next day, and I publish them. Not sure how to make them appear without my approval... I am new here, sorry.
    Regarding the Dow, as I posted in my site:
    http://www.astroworld.co.il/default.asp?iID=LHMEI, today was the 182th day from the March 6th low. It is an important day. Resstence lin t 10550, support at 10160.

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  17. Thanks Gaby,
    I also don't know how blog works. But some other blogs I read, comments are posted immediately. But those are using some different sites.
    If downtrend starts in dow, what do you think about it lasting. It will be short lived till 10160 or so and go up again? It seems to me major downtrend is postponed to 2010 now. what do you feel.

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  18. I think will be a minor correction, X-mas is here, and "they" want people to be happy.

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  19. Right. I am thinking same. We may correct for week max till Dec 2-4 range. Dec 2 is full moon and dec 4 is Perigee. I think going long around that period to ride x-mas is wise thing to do.

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  20. I'll publish my December forecast this weekend. Follow those articles in my site.Watch Uranus turning Direct, this will mark a major turn in trend.

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  21. Ok. I think Uranus turning direct on Dec 1 or so..right? So all between Dec 1-4 that may start one more uptrend. right?

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  22. Right. Also we should take in consideration other planets as well, but I'll write about all this during the weekend.

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  23. I am just hoping to break even on mu shorts before next uptrend starts soon. Hope I get chance.

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  24. Hi Gaby,

    Will it get chance to exit shorts on break even .. I need spx around 1079 or little lower .. is that possible this week or early next week before next uptrend starts.

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  25. Yash, the S&P reached 3 times the level of 1113-1112, made a triple top in the 60 min. graph. If it'll not go higher, there is a possibility that it'll test again 1086. When will this happen??? I shall write about December during the week end. We shall see...

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  26. Thanks Gaby. I should not have scaled into shorts after Nov 5 as you had said it will go up. My bad choice.

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  27. Hi Gaby,

    Did you see Dubai put thanksgiving bomb on financial markets. All red bloodbath going on. Russia is down 5% and al others 2-3% .. China came down 3% two times in 3 days. Any idea how US will react tommrrow?

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  28. Hi Yash, Of course I saw, the " sword" had fallen, from an unexpected part of the world. Dubai, one of the richest places, or emirates...unable to pay?? It is odd to me. I can only think of a kind of financial global intefada, against the western countries. This must be a political move. Support in Dow 10115.

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  29. Hi Gaby,

    All Political! News came out before one day holiday in US. Many markets corrected two days but US only 1 day! .. do you expect some more correction on Monday before Dec 1 - 4 window of start of uptrend?

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  30. do you believe in new top march 2010?

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  31. I have not yet checked March.

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  32. If March6,2009 is day 1, then 21.3.2010 is day 377, fibonnacci number. So yes, this date + - 1-2 days can mark a top.

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  33. Some are predicting rally upto Aug 2010. There are two Saturn-Uranus oppositions April 26 and July 26 2010. So may be Auguest is also possible with last top around July 26.

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  34. Hi Gaby,

    Any idea we are going to get bottom in next two days around full moon on Dec 2? I want to exit my shorts.

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  35. Yes. Full Moon is always marks a change in trend.

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  36. Genrally days towards full moon are weak but this time except Friday US had no down day at all. Just now futures are up in big way too. All markets apart from US had good 2-3 down days last week but somehow US markets are always up. Friday also it opened gap down and then kept coming up slowly entire half day.

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  37. Hi Gaby,

    I am not able to login via my regular google account so I am posting as anonymous.

    Is uptrend already started or you see some weakness till Friday Dec 4 especially?

    Thanks,
    Yash

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  38. I have posted a new article in my site forecasting the Dow, other indexes and the gold.

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  39. Hi Gaby,

    December article has so many dates starting from Dec 10 that says 'day can mark change in trend' I am little confused. I don't think you want to mean trend will keep reversing on all of those dates. I am thinking tommrrow is low and then upto Dec 21 it goes high in general. Is that generally good statement?

    Thanks,
    Yash

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  40. Hi Gaby,

    Its funny market. When I long it drops and when I go short it rises!

    Yesterday was not gap up (I think) but todays down is correct in your artcile .. so seems to me from here on we are going up for possible Dec 21 top.

    Thanks,
    Yash

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  41. HI Yash and all,

    target now: 10195 for the Dow,1084 for the S&P.
    Shold they break these levels... prepare for a deep cut.

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  42. Hi Gaby,

    Thanks for quick update. You are saying this break today or even tommrrow?

    Also what about gold? It come down almost $100 now. Any chance it will start uptrend again. I thought Dec 7 your date was start of new uptrend.

    Thanks,
    Yash

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  43. Hi Gaby,

    Came very close ..1085.89..I exited one more short and looking now what happens next. If we close green today then I think santa rally may start. What do you think?

    Thanks
    Yash

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  44. Very good move! Now I think indexes will start making a W pattern, and Santa is smiling across the corner. Dow target: 10368,stop at 10265, S&P target:1100, stop at 1086. Gold target:1114-1105.
    Good luck :)

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  45. Hi Gaby,

    Gold almost touched 1118 I think just few hours ago. You expect gold to start up again from your 1114 to 1105 level?

    S&P Target 1100 is highest possible in December or you are saying that is first target and then more up is possible?

    Thanks,
    Yash

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  46. 1105 hard resistance for Gold.
    as for the S&P is just the beginning of a new up-side wave.

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  47. Thats what I thought. I loaded one gold fund in my ira yesterday but thats ok. Its not possible to get bottom every time. I will add some gold etf today or tommrrow. I am already long using sso on s&p. Tommrrow I may add upro (tripple long!)

    What is your target of this wave up. I am thinking something like 1130 to 1150 max and then we correct again late dec or early jan.

    Thanks
    Yash

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  48. Yash, are you the only ONE reading this blog??

    The Gold found bottom at 1119-till now, I still think it'll slide more down to my forecast of 1105.
    The Dow went sideways in the last 4 days, now support line is at 10256, resistance 11435.
    The S&P: if it opens above 1110, target: 1140

    Good luck!

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  49. Hi Gaby,

    I don't know if I am the only one but I lile it. Your analysis with help of astrology is very balanced. Its not possible to get correct every time but I have fond you are correct most of time. Its my mistake I did not follow you in early November.

    I am looking around Dec 21 to exit from 401k funds for this year. Lets see.

    Thanks,
    Yash

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  50. Hi Gaby,

    On your question of If I am only on reading blog - I read couple of other blogs and I see that blog creators updates them freqently even during the day .. multiple times. That may be reason people interact more on those blogs. But I don't know what kind of intentions you had for your blog.

    Thanks,
    Yash

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  51. Hi Gaby,

    I am tired of watching s&p going up and down. It is not breaking one way or other. Futures down as I am writing. For last so many weeks its between 1090 and 1110 only.

    Thanks,
    Yash

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  52. Hi Gaby,

    Where is lower support to resume rally again?

    SPX 1086?

    Thanks,
    Yash

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  53. The last low was at 1098, now, if it'll fall below that than support is at 1087-1089, or below that 1083-1075-1069.

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  54. Hi Gaby,

    Will it go so low below 1097-1089 before rally? I am going by your date of Dec 24 that you updated as change in trend date. So I am going by we get some kind of top by Dec 24 and then go down. I was thinking going down after Dec 24 interim top will be like 1075 but now now.

    Am I wrong?

    Thanks,
    Yash

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  55. The S&P is moving in a channel between 1085-1118 since Nov.9. It will have to break either way in order to see which way it'll head. I tend to beleive that it will not reach again 1087, but it"ll turn and go up. If not today, tomorrow.
    Good luck.

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  56. Hi Gaby,

    as per your prediction i think we have turned for now. Are you expecting next pull back after around spx 1140 and that is starting around dec 24?

    Thanks,
    Yash

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  57. I just posted a new article,"Christmas rally" we can continue from there.:)

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