31 Jul Apocalypse

to correct earlier post.
It is not a lunar eclipse, but a Solar Eclipse on 1 Aug. It should be visible in Europe at about late morning.

The last one was in mid-September 2007, just before the Stock Market top in October.

To confirm the Apocalyptic Celestial Signs, we also have a EarthQuake in Los Angeles.

http://earthquake.usgs.gov/eqcenter/recenteqsus/Quakes/ci14383980.php

and Meteorite signtings off the west coast of New Zealand.

http://www.stuff.co.nz/4613966a11.html

8 August (080808) is the opening ceremony of Beijing Olympics,

and also the date of the start of the CERN Large Hydron Collider experiement.

http://www.lhcountdown.com/

Now the question is:
When Apocalypse comes, what would rise ? USD ? Euro ? Oil ? Commodities ? or Human Beings from their grave ?

It is interesting to note that Obama has engaged Volcker and Rubin as advisors. For the junior reader, Volcker was the previous FED Chairman before Greenspan who hike Fed Fund rate to 11%.

30 Jul Euro

Euro should be on its way to 1.5300. Even Bill Gross says so.

Yesterday we had a Earthquake in Los Angeles, and then a Lunar eclipse is coming this Friday.

Celestial Signs abound, do watch out. We need a falling star to confirm.

080808 is the first day of Beijing Olympics, and the start of the CERN Large Hydron Collider experiment, which may trigger unknown events.

26 Jul SPX 1144

It is going to be a violent Thursday and Friday.

23 Jul Euro on target 1.5690

Also my S&P, Citigroup all on target

and more importantly my call on Euro.
all my subscribers would be laughing to the bank literally.

if you like such ideas posted, pls click on the Google Ads here to show your interest.

23 Jul WAR in South East Asia

Thailand and Cambodia armies are in standoff along the Border.

http://www.channelnewsasia.com/stories/afp_asiapacific/view/362187/1/.html

Perhaps we would see a Stock selloff in South Asia countries tomorrow.

If you agree that there would be Stock Selloff, pls click on the Google Ads.

23 Jul proverbial rebound of the USD

Paulson has saved the world.
If you think the much awaited rebound of USD is underway, pls click ont he Google Ads.
Reminded me of 2/3rd Qtr 2005, when USD keeps rallying despite all the bad data.

22 Jul Euro Rebound

Seven days ago, I forecasting Euro is on its way towards 1.6381, before it get stopped out at 1.6038.

rumours had it that Central Banks intervened at 1.6000 level.

Euro/Gold is die hard and want to retest.

My scenario is that Euro would rise towards 1.5950 waiting to jump higher. While Oil going to retest 140.
IF you agree to this scenario, click on the Google Ads

21 Jul Citigroup

Let us see how Citigroup do.

if you think Citigroup would top near 21.49, pls click on the Google ads.

30 dollars midterm.

Just in,
Hong Kong now is infested with workers strike, media rampant with reports of Transportation workers on strike for pay rise.

the last round of inflation effect is in. HK peg to USD would be under stress.

20 Jul Fooled by Randomness. Watch 8 august. 080808.

was reading "fooled by randomness" to kill my weekend. Am to eager to wait for next week to take some profits on my trades.

the same author wrote the best sellers "the Black Swan".

what is their install for next week? the economic calender wold be light, albeit with some earnings. Most importantly Naked shorting the Fannie Mae and Freddie Mac, and the brokerages wold not be allowed.

Latest update:
the Iran Nuclear talks yields no results on Saturday
http://www.channelnewsasia.com/stories/afp_world/view/361475/1/.html

We may see a Oil rebound on Monday Asia open, towards 140.

Naked shorting is like leveraging long. Naked shorting is even more potent. You sell what yo do not own, while for leveraging, you still need to buy an amount.

suspect those retails who follow the trend and shorted Financials, or Indices still have some to cover.

As for Forex, expect USD to inch up slowly. However there were some late news from Trichet that he wants to maintain inflation at 2% in the medium term. Also some Oil deals disputes from China about US/Vietnam cooperation on the Oil fields offshore.

However there are some thing more important taking place.

8 August is the start of the Beijing Olympics, scheduled to end on 24 August. This would mark a turning point, perhaps in the reversal of Yuan appreciation.

there has been talks of slowing Yuan appreciation. As we traders know, there is no such slowing but a capitulation.

Another major event is the activation of the Large Hydron Collider experiment in Geneva. Human Beings are playing dice with God. The worst outcome is a Black Hole engulfing earth, or not appearance or disappearance of strange things. Like X-files.

http://www.lhcountdown.com/

we are now 18 days away, which brings us to 8 August as well.

Probably we can put an Option on the LHC experiment. If the experiment brings about great calamity or even the end of the world, we could be in for a bundle.

Those who believe significant market events would happen on the 8 August 2008,080808.

pls click on the Google Ads.

18 Jul CitiBank earnings surprise

This is my forecast for DOW, DOW would top out at 11472, for another leg downwards.

However the risk is that CL1 has fallen below 130, and may be heading for weeks of losses ahead.

Otherwise, we may also see an Earning Surprise for CitiBank today, to the DOWNSIDE.

As for S&P, it is near to my forecast top for this week.

If you agree that the current Stock Rally, due to Short Coverings is coming to an end,, pls click on the Google Ads.

18 Jul Surprising Earnings ? Gold to top 1002

well, it is just the analyst ploy to depress earnings forecast and then rally the market when it is exceeded.

Gold manage to hold 958, and seems like testing 1002.

IF you agree that Gold would penetrate 1000 once more, pls click on the Google Ads.
Probably Gold would fall back to form a Double Top.

16 Jul GOD save the SECRETARY

Hank was trying to save the world yesterday. He shows his tenacity. I have worked under him, and his is the Greatest Secretary Treasury of all time.

Let us all, the TRADERS, the markets, show support for him.

Let Financial rise like it has never had orgasm before.

Meanwhile, USD would ride higher.

Over the weekend, I have told my readers my bottom for SPX is 1227, indeed not far from the low of 1225.(see Chart above)

Also, my forecast of Gold top at 985 is very close as well.

CL1 should drop to 110 if not 98.

Would expect Euro to drop back to around 1.5600 and wait there.

If you agree Euro would drop back to 1.5600 pls click on the Google Ads.

By the way, in Bernanke Testimony to the congress, he says he does not rule out intervention if the currency market gets out of control.

One of the rule of FOREX trading: dun stand in the way of the FED.

CHINA UPDATE: SUBPRIME IN CHINA NEXT------------------------------------
there are news coming out from China that home buyers in southern China city of Shenzhen bordering Hong Kong, are walking away from their home loans, when the house price has fallen significantly below their loan.

China Banks have the highest exposure to American Fannie May and Freddie Mac.

China is pondering slowing its Yuan appreciation, policy makers meeting this week. In order to boost export and save thousands small enterprises on the brink of bankruptcy.

Asian real estate, residential and commercial have rose to astronomical levels. Prices of prime units in Singapore has even exceed those if London, New York. Hot monies have poured into Singapore/HK/Shanghai snapping up assets and chasing prices. Hence Asia Real Estate is the next shoe to fall, then it would impact a long of Real Estates investment of JP Morgan, Lehman Brothers, GS, etc.

Soon we would see hot monies in Asia rushing for exit.

Hence, we may find a bout of USD strength b'cos of the falling Asia equities.

16 Jul signs of turning point

the China Commerce Minister has openly asked for a slowing rise in the Yuan.

US has depatched a diplomat to Iran in talks between the Iran and IAEA.

Intel announced better than expected results yesterday after market closed.

Be careful.

If you think that Euro would break 1.6038 and head towards 1.6100, pls click on the Google Ads.

15 Jul Dollar Crisis

Dow to hit 10570, now at 10870.

Euro to hit 1.6370, or may be even 1.6400.

IF you want timely update, email me dollarproaragon@hotmail.com

If you agree that Euro would goto at least 1.6300, click on the Google Ads.

Today national TV played Jim Rogers and Noriel Roubin, and as you know, it is Double Terror, like as if tomorrow is Apocalypse.

You can't blame them, major Traders are now positioned for the Short Equities and Dollar Trade, Long Commodity, Long Gold. There is no where else for them to make monies, no more CDS, no more Mortgage business. Hence the National Media is paid to hype the fear.

As you know the Treasury Secretary himself was the world best Trader (from Goldman Sachs), he knows all Shorts have to be bought back eventually. Hence he is not worried, but buying time.

Beware of commentaries calling Top in Dollar, Bottom in Equities. Every rebounce would be sold into.

Hence stayed out, if not play on the right side.

12 July GOLD target 967 reached

I forecasted 913 as the support for GOLD (see my earlier posts), and my target of 967 has reached. 50 USD gain for my subscribers, no frills.

Monday, it either extends towards 1000, if not drop back towards 900.

We may have a flight to safety and people exits from Long Gold futures positions b'cos of Bank Run scare. also options expiring coming.

If you agree GOLD would test 1000 coming week, pls click on the Google Ads.

13 July INDY MAC

quietly FED has foreclosed a Bank on Friday late afternoon: INDY MAC. Senator Schumer last month issued a warning on the Bank, and it triggered a Bank Run on INDY MAC.
Finally it is closed on Friday.

Some Asia newspaper have it on Front Page over the weekend. Watch out for Tsunamis in Asia on Monday morning.

The latest rally last week in Asia, has sucked in quite a few monies. Won't be surprised to see a 10% correction next week in Asia.

Phil Gramm (McCain economic adviser) calls American whiners. It has always been the characteristics of Republicans to scorn on the poor, the unfortunate.

I had a nap, and I dreamt. I dreamt, Euro breaking 1.6000 in a whiff, and rose past 1.6100, 1.6200 within minutes.

You can imagine it on your screen. A Long White Candle, rising, rising. when everybody is covering their shorts.

FED is now helpless against a plunging USD. They are now handstrapped. They can't rescus Freddie and Fannie, as this would load another 5 trillion of debt onto existing 9 trillion debt owing to Foreign Governments. (I just can't resist the thought that the Chinese has lost big time on their Foreign Reserve. The Chinese had almost 2 yrs of time to diversify out of USD, and they prefer to engage in useless dialogue with Hank Paulson, thanx to Wu Yi, the dragon lady of China).

And FED cannot defend the dollar as they have higher priorities, e.g. buying out the Banks and GSEs. And it is all now resting in the hands of ECB. Oil is going to rise beyond 150 towards 200, and ECB would be most reluctant to weaken the Euro.

As I has always advised my readers, stay out of GBP. It is not worth the risk playing a highly manipulated currency. It swings up and down defying any technical indicators.

Long Euro 1.5860
Target 1.6300
Stoploss 1.5820

the risk is that Bush forestall the market, and announce the release of American Strategic Petroleum Reserve (SPR). This would trigger a down move in Oil, or perhaps a spike to 150 and downwards. Similarly for forex, a spike of Euro to 1.6000 and then down.

There are some interesting Google Ads here, e.g. I saw one saying "the stock market is ready to soar". Obviously, the pip pipper leading the children to drown.

However some of the Ads offer some interesting Commentaries and Free Trading Charts, do explore the links here. The link to SAXOBANK on the right is worthy to explore, they have good news and platform.

If you agree that Euro would break 1.6000 coming week, pls click on the Google Ads.

12 Jul Market full of lies, ruled by the Dark Force

you cann't help but to notice all the rumours flying, lies abound when the Moneymongers want to make monies from the crash.

First, Fannie Mae Freddie Mac, nothing has significantly changed for the companies for the past few weeks till yesterday.

William Poole, ex-FED governor make commments that the 2 GSE needs to be nationalised. And then talks of Lehman Brother crisis, and PIMCO, SAC Capital has to come out to disperse those rumours. (one wonders who has the monies to persuade a ex-governor to scare the market, much like what Greenspan has been doing).

http://www.bloomberg.com/apps/news?pid=20601213&sid=a2hReA72Y2sk&refer=home

It is dispicable for ex-FED governors not doing their job when they are in their job, and after they leave their job, trying to fuel the crisis.

And then some news report from Jerusalem that Israel planes are practicing in Iraq for a Iran attack, spike Oil to 147. After which Pentagon came out to deny.

Sometimes, you can laugh at how disparate those Hedge Funds are in cooking up tales.
Just like some claim Jesus is a lady Or Jesus is married.

As for the Iran missle tests, the Irannians have doctored the photos to make the launch seems impressive, when actualy one or two of the missles fail to launch. Again another bag of bullshits of scare tactics.

Now there are talks that Meryll Lynch may disappoint market. B'cos talking heads on National TV say that John Thain has been quiet relative to others.

As Dimon of JP Moargan has rightly said, those who spread rumours on the Bear Stern crisis ought to be identified.

As the market says if your skills are no good, you have to have luck. And these people on Wall Street decide on the Evil path.

Bush should enact the Patriot Act to identify the people creating the crisis. And the acts of these people has affected the life of Americans, devastating the livelihood of Americans, the savings of Americans. These Dark Force may just be foreign interests, with lost of Oil monies, in cahoots with the ancestral families of America.

Somehow you just wonder where have all the Oil monies being going into ? Short the market and buy into the plunge ?

Precisely we need change in Washington, with Obama coming in, he should enact more stringent laws on the Financial World, making it a dignified market. Purge the capital markets of the rogue Dark Force.

The President of the United States is the God annointed one to fight the battle with the Dark Force. The Dark Force is so powerful that the Bernanke and Hank hide in its fold. (by the way, the FED is a private organisations with powerful families are shareholders).

From a currency perspective, the Dark Force is on the verge of crashing Euro through 1.6000, triggering the proverbial "Crash of the Dollar".

Now we ponder what are other lies that would emerge next week.

If you agree that the Dollar would crash through 1.6000 next week, pls click on the Google Ads.

8 Jul Crude topped, Euro, Gold to follow soon after / BlackHole

Crude has topped at 145.80,

so far Gold and Euro seems to be holding, but no longer, possibly after today 10am ET.

once spot Gold breaks 913, we would see a swift drop into 850. and Euro to drop to 1.5300.

If you want to trade this drop, you may subscribe to dollarproaragon@hotmail.com

Why ? traders decide to take profit before something more ominous kicks in.

A pending scientific experiment creating a BlackHole that would engulf the Earth.

http://deepthought.newsvine.com/_news/2008/04/10/1422136-large-hadron-collider-understanding-the-dangers-part-1

http://features.csmonitor.com/innovation/2008/07/01/could-the-large-hadron-collider-destory-earth/

Scientist are saying that there may be a Black Hole being created at the Super Collider experiment.

There are various possiblities:

(a) A black hole created to engulf the Earth
(b) The experiment turns back time, and suddenly we are younger, (or never exists),
a lot of dead people appear before us.

that explains why the biggies are taking profit, to enjoy it while they still can.

If you think that there is a possiblity that a Black Hole would develop, pls click on the Google Ads.

7 Jul

5 Jul Battle of MiddleEarth would soon begin

Now Helmsdeep has passed, next come MiddleEarth.

where is middleEarth ? you want to know ? email me. dollarproaragon@hotmail.com

Would the journey ends here ? Death is just another path ? As Gandalf said. He sees white shore.

If you are near death, and want to see light ? email me.

Leno Show, 1716 ?
that is what Oil would be when Bush leaves office.

4 July Helmsdeep defended

From the chart, it held at 1.5700 and 1.5906 was the outcome.

IT was quite a bull trap. most newbies rushing in to buy Euro at 1.5860 to 1.5880.

If you are trapped, email me at dollarproaragon@hotmail.com for a escape route.

My readers are now either taken handsome 200 pips profit, if not sitting on it for more.

If you keep reading free commentaries like this:
http://www.safehaven.com/article-10658.htm

you end up waiting for 1.6070 and lose a lot of monies, more than the subscription fees.