Good morning people. Wow this morning started off slow but I am worked up right now and had to post!
The market is in a bit of trouble this morning, but our baby, or shall I say Sir I-Mafia did its job of calling the down day on market. For those that don’t know, I-Mafia is a tool that we use to scan the market each day and look for possible market direction. You can read more here. Today, he broke his own record and called a bad down day before the market even opened….At the moment the S&P 500 futures are down 20pts WOW… Congrats to those that took the trade early. YEY to I-MAFIA.
This is my baby! and after spending literally several thousand dollars on this bad boy (cutting and polishing the software with our programmers) over the last few months it seemed to have paid off. Very Interesting! I feel like a proud Dad right now
We have updated our I-MAFIA page for those that follow this special tool of ours. Here is what was posted 4:20am EST. Then our update below.
Well, I hope you had an interesting weekend as I. I must tell you a story, that is simply amazing.
I was at the beach and a bit peckish. So I go up over the dunes to a surf snack shack. I use to frequent the same shop with a different greasy owner when I was a youngster. I remember I use to pay about $2 for gigantic whopping burger, that even as a young man in my 20’s was hard to scoff down. They were delicious, ANYWAY… I got to the counter and see the menu very different and burgers have gone up to $7. I thought to myself INFLATION IS A B&^TCH!
I had $10 in my pocket and thought what the heck, its going to be a whopping burger, so I gave this old greasy lady my ten, and by the state of her weathered greasy hands I was afraid to receive my change.
OH HOW TIMES HAVE CHANGED!
When the burger was cooked she handed me this small pancake looking burger, wrapped up with grease dripping everywhere. I looked up at her with a weird expression and said “errrr, thanks!” She smiled at me, like she just spat in the burger and in her croaky voice said “Enjoy!” and then she cackled like a dirty old witch.
I wasn’t sure what to do, but I just paid $7 for this damn thing so I sat down and started eating. I must say, it looked like something out of a bad 70’s horror film but it didn’t taste to bad. But changing $7 for a meal fit for a raccoon, was a bit steep i thought.
I have never paid $7 for a hamburger in my life and probably never will again, as I felt completely robbed. But you live and you learn. I thought for $7 the lady behind the counter was going to shaprone me round, wash my car, and shout out nice compliments to me for 24 hours.
But things are tight at the moment, thought you would enjoy this and reminder to all that we gotta help each other out as time moves on. Was a good lesson of inflation for me. Things dont always stay the same price forever.
We have a very important announcement today. To all our private members we have just issued a TRENDS ALERT for you. If you have not received this trends alert message, please email us at contact@forecastfortomorrow.com
NOTE: We have several important messages regarding the equities & futures market. It is important that you read these forecasts if you are trading or are investing in the global markets. We have been patient in waiting for releasing this info, but we feel now is that time to alert our subscribers.
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Well, I tell you summer is nearly here in Australia, and I can feel this summer is going to be a scorcher. Something else that is scorching hot on everyone’s lips is GOLD and the price of gold.
Longer term gold is a good thing, but it has been fluctuation a bit on Sunday night here. In fact there has been bit of a sell off today. But rightly so. After such a big run up, it was due. Even if it comes down more I will be rubbing my hands together as I will continue to buy the big dips. Because they are almost bound to happen.
Everybody and his brother is convinced gold is going to be at $1300 or even higher and while we do see this happening somewhere down the track, I wouldn’t count on this happening in the next day or so. It doesn’t work like that.
Many people start bouncing up and down like they have sculled a litre of some sort of tropical gummy berry juice every time they see gold creeping a little higher. I am here to play policeman, and here to tell you to slow down and realise this is a solid investment but you really need to take it slow.
We have been accumulating this since about the $500 p/ounce level and we were laughed at. Back then if you told someone gold was going to $1000 you would be laughed at, placed in the dunce corner and told what a jackass you were.
BUT….not only did we hit $1000 as we predicted but went right up to the 1020 market no sweat at all.
Remember buying at the top is the first big NO NO rule to investing. So be careful out there. So if you are a keen gold bug…let it breathe and get yourself some of the good stuff when its back a reasonable level.
There are many people who frequent this blog each week. Many who email me about questions in regards to another wave of swine flu we see coming. Our SWINE FLU REPORT has gotten a lot of attention as of late, as about 85% of our forecasts have eerily come into fruition.
I was even invited on a radio broadcast show to explain what we see happening down the track. What amazed me was that many listeners are not awake to what is going on with the economy and other things out there. This reinforced my jobs and intentions with the FFT site, and it made me realize the importance of showing people what I have always wanted to show them, THE TRUTH. Ever heard that saying SEEK…AND YE SHALL FIND. That is SO true. But the truth is out there if you look in the right place. I just guess I am trying to make it a bit easier for people. Especially with our updated NEWSLETTER
While we are on the topic here is one truth seeker that was unaware of the knowledge she had in regarding the swine flu. I am not sure what to make of this….but thought it was of some interest. If what she is saying is true, then it could possibly be another one of our forecasts playing out. I will let you be the judge. VIDEO BELOW.
If you are getting sick of all the Hoo-Haa on television as of late, Oh BOY are you going to love this!
Here is a clip from October 16, 1987 – the Wall Street Week broadcast before Black Monday. It’s interesting seeing how the experts talk prior to a drop of an equivalent of 2,200 modern-day Dow points the very next session. Martin Zweig predicts, “Early next week I expect a violent rally”. Well, at least he got the “violent” part right.
I have as much respect for these creation’s as I do for that pussy, yellow mucus infection you sometimes get under your toenails.
