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AstroEcon |
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Subscriber update Written By Robert Hitt Posted 8/31/2007.. These are thinking persons updates. No Bradley or mechanical methods used here |
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A subscriber letter
TS in black is subscriber comment. RH in blue is my response. ~~~~~ TS... Just read your recent. Forgive me for saying this, but this astrology is not proving useful. This is the second or third time you have foreseen a major event and in both times some extraneous event outside of the markets negates the market event. RH... Astrology does work. Humans have free will so get used to it. Why do you think I take a non fate approach?? I have watched the "market is fated crowd" get creamed repeatedly over the years. ROVE QUOTE.. "We are an empire now and we create our own reality". Karl Rove may be a political genius but he is only one of many in power now who see things that way.. Don't you think that with billion dollar supercomputers and what appears to be heavy occult knowledge in high places that ALL of us are being subjected to their self serving reality creation ??? The energies will show up and have shown up. One segment of the econ puzzle has already crashed and that is the CMO and CDMO markets. When there is interference in price patterns then the energy is pushed into other markets or into non market events. So reality is the equity market has a LOT less crash potential as of this moment since the fed rate ploy. Not none just LESS. If we get a crash outcome in equity as in a one fell swoop move it will be catalyzed by NON technical stuff and by outside events such as war/terror. Markets provide a diffused way to manifest astro energies but when this outlet is disallowed it pushes the quantum potentials into other things. Things like The Turk quake in 1999. And Mitch in 1998.. And the boxing day tsunami in 2004. NOT AN ACCIDENT OF FATE that the VT shooting last April came on the very day an impulse wave down was due to max out. There was a negative energy overhang on that day and a powerful emotive event was just waiting to come down into 3D. I was short then but covered IMMEDIATELY when I saw the VT shooting. TS... Are we to believe that a Republican Senator seeking sex in the john took care of the September plunge? Never mentioned this particular situation in my updates. However it is relevant as an example of the OH LOOK AT THIS LURID THING AND FORGET WHAT IS BEHIND THE CURTAIN OVER THERE. This is the way the world works now. Why do you think this scandal came up when it did when the deed he did was quite a while ago? TS... There are over 50,000 murders in the USA each year. It would seem logical that as a set, these would satisfy any nasty astro in the charts. RH.. In a quantum world events must be measured against background noise. Murders that get no traction in grabbing a concentration of public awareness in the mass mind don't use up macro energies. The VT shooting WAS HOWEVER THAT BIG and the bullish market reaction after that event speaks for itself. TS... Going back in reviewing your 2007 preview, and keeping in mind what is occurring in fixed income markets--e.g., that despite this week's rally in the stock market and Thursday's remarkably bullish econ report from the Administration, curiously massive buying of 3mo Tbills still occurred; whereas they should have sold off. RH.. FEAR LEVELS are still very high. Lots of money is leaning one way. TS... I have to believe that you are getting sucked into the Fed wizardry. ..... RH.. No just reacting to the shifting sands. TS... Let's face it, to say you are looking for a measly 50pt drop in the SP500 after it hits 1500, is not a bearish thing to say--that would just be a technical pullback after hitting resistance. .... So, why classify at the end of your post that you remain bearish thru September? RH... I look at any time period as either bullish or bearish and trade that way. Within these time periods are scenarios I build that give me a better shot at knowing how and when to take reasonable risks. I ALWAYS look at where am I right in my assumption and where am I wrong. So far I have made money by being hit and run bearish. That is a style that suits my personality. TS... So, why classify at the end of your post that you remain bearish thru September? This is a bad word choice. In fact, you are ambivalent about September. RH... Yes I am now.. I have spent most of my life consciously freeing myself up from ALL BELIEF systems. Belief in religion. Belief in fate. Belief in astrology as in fate too. I see very clearly now after watching my own life unfold that I have been subject to cyclic forces that as long as I did not understand them forced certain things into my life in repeating patterns. Understanding them now better gives me an opportunity to make a conscious choices where I was pushed into repeating them before I had eyes opened by NON BELIEF. RH.. As this applies to markets I do not believe in Elliott waves. I watch them unfold and morph but as market forces have become increasingly aware of them they cause over reaction. Over reaction in trading is a vulnerability and MR MARKET will exploit that every time. This goes with any and all well known technical methodology too. Astrology in trading has become a KNOWN now. Price action is becoming increasingly preemptive against the astro and the timing of events over the last 7 years makes this clear as a bell. RH.. I may be ambivalent as of this moment BUT.... I take trades as they present themselves and IF I get what I want next Monday 9/4 which is a rally strong enough to force shorts out and leave an air pocket under prices?? .... I will be short equity if the situation warrants the risk at that time. I have modest downside targets as of this moment for any post 9/4 trade because I see the price patterns as disturbed since the Fed ploy. I INTEND TO MAKE A PROFIT MORE THAN TO BE RIGHT IN MY PREDICTIONS. My predictions are based on probable outcome as I see it in the moment I make them but decisions on trades are made in real time. I trail stops behind my trades once I take them and if I get more downside action in the weeks ahead than I am currently expecting I will make a LOT of money. If I turn out to be wrong on my bearish bias until end of September I will only lose a LITTLE at worst or maybe even make some good money going the other way. RH... TOO MANY PUNDITS in this biz insist that markets MUST do what they dictate. Manhedra is an example of being sort of right often enough to have a following but not understanding belief in fate is NOT how to trade.. When this fate approach fails it tends to be a spectacular failure with large sums lost by holding on to a trade going the wrong way to long. .. RH... TOO MANY TRADERS DO NOT UNDERSTAND RISK MANAGEMENT. It is shocking how many refuse to use stops. Once a position is taken prediction means NOTHING from that moment on.. Risk management becomes EVERYTHING. Once you learn how to position knowing where your trade is invalid FIRST and limit risk with trailing stops to let profits run then you can you become one of the 10% of traders who take the other 90% of the traders to the cleaners. The elite 10% do not have to be correct any more than half the time to take all the chips away from the others. RH.. The fact is I AM SELF TAUGHT.. Did my own research over the last 32 years. Did not have a mentor influence me. I was an astrologer before I applied it to markets. I was into the quantum stuff way back in 1970 well before I became an astrologer in 1972.. I embarked on this market research work in 1975 knowing I had an exceptional birth chart for handling this type of work. I spent a small fortune out of my own pocket on computers and astro trading software over this 32 years and my real time FLEXIBLE methodology is derived from knowing what does works profitably and what does not ... in particular at the astro inflection points such as we are in now. Knowing what does not work is VERY important. Mechanical methods are fine when things are clear and easy such as in the 2002 to 2007 recovery rally period. We are now MOVING OUTSIDE the period of NORMALCY where risks are ramped up. RH.. The people who believe they can create our reality for us are only effective in influencing small time periods. Patterns can be distorted such as we saw a few weeks ago but the BIG PICTURE REMAINS beyond their gasp. The big picture is still VERY high odds that the 2007 to 2011 period will be having depression conditions. How this plays out and who get hurt the most into 2011 is up for grabs. If I told you that it was a 100% certainty that the outcome was deflationary I would not be doing my job. The outcome will ALWAYS be the result of collective choice in the right NOW. The profitability of trading in this environment ahead is ALSO a result of personal choice in the RIGHT NOW.
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