macros

US broader market C-1 into final capitulation feel atm (?) as we zero into the (my) cosmics time target(?). SPX spot futures at 1260 cf 1288 physical last close. USFED in with emergency 25 basis points cut today and likely further 75 - 100 points coming meeting. MAYBE that will be enuff FA ammo to allow the PPT a strong techno-rally reversal coming up (C-2). If they dont get this right we can forget 11300+ being the C-1 low and GORM megapivot 9800 would come into play as next likely support base.

USDX in plunge mode likely to continue as NKY moves into final primary DEFLATION wave toward 8000 or half as low again (2011 lows IMO)as u have to PAY the Jap banks to hold yr money !

Banking on the Jungle King getting it right and offering his scrip as viable reserve currency alternative haha.
XBA down 5+% and our merchant banks down abt 10% today. Whatdo uthink is about to start happening in the property sector upon which Oz ecocnomy and AUD is based? I aint no property expert but seems to me it needs a healthy economy and sharemarket is prime advance indicator of health?

IMO most are gonna lose near term. Q is where do u place yr greatest faith in to mininmise RELATIVE losses and preserve as best u can yr capital base so u can stay in the game? I dont know what until we see it realise, hence am playing it eachway as always ....... plenty of cash hoping the system holds, unencumbered resources about to start coming out if it doesnt or does, NIL debt ..... and flexible to jump in any direction in an instant .... tho doubt I can outpace the e-waves. remain a firm believer that uncle Macca will move the AUD to preserve our health cos mining industry is PRIORITY for international standing .... they dont really give a shiite about local property markets etc.

Remain a buyer at the pivots of CMR core into this over next few days to restock to full original levels and finger on the trigger for the traders on CONFIRMATION of reversal into new PRIMARY upwave in accordance with my long term strategies seeking the Grail ... the ongoing MO.
Hard to pee against the global winds tho so progressive nibbling remains my way. Hopefully we will have a smile on our faces from next week on in a C-2 intermediate wave rally (???)

IMBOOC