Friday, November 30, 2007

Limits

N QQQQ 51.74(51.51) - 52.39
N SPX 1483 (1479) - 1492

Dear Readers, what you are witnessing is the ugliest YEN manipulation I have ever seen. No rules, the only rule is that the ruling/manipulating elite makes money, cause they know exactly when the start and end the YEN push. YEN is still in the 1,1,0,0,0 which is powerful day and weekly buy, but I have seldom seen the this config go so far without correction.

In my opinion you are looking at the biggest sign of slavery of the world people by few financial elitists, who will stop at nothing to screw us anyway they can ( thanks god they can not do it to us, cause we are smart, even if not in control), but from Social Security to Casino Currency Markets and Casino Stock Markets their tools are endless to stick it to "little people" everywhere and everytime.
It is possible you do not see it yet, but when you have been as long in the markets and correlated so many events as I have, with market manipulation you will become believer too. Actually this is one lesson I would like for all to ponder for a long long time.
I am not advocating to sue anybody or such stupidity. I just say that if you do not have that mentality, I do not think you will make money in the markets. The only people who make money in the markets are not the traders, but the one's that intuitively or actually know that markets are manipulated and FED/Government/Japan ( SOPITALISTS) will always do what is needed to save the Multinationals and especially financials, cause they are the intermediaries without which absolutely nothing can be done. They are the ultimate tools of SOPITALIST domination.

Dear Readers, please note the system "earlybreakerssystem" in the picture. This system may never be shown again in the picture, so take a good look. This is a system which has been 82% correct. and produced 500% gain uptodate for one year or less. It is on SELL. Also notice that the system is often early and you could do better hunting for the TOP limits within 1-3 days after the SELL signal was issued.
Enjoy

Dear Readers, before going short notice, system is often early.!!!! it could be your worth wile to wait.



Dear REaders, IF I missed somebodies question please forgive me. Very tiring/exhausting week this was.
15:39 ET, Current YEN status 1,1,0,0,1, Not so good but hanging in there still

43 comments:

John said...

Boris,
thanx
old john

waldo said...

Boris looks like the q's are the weakest this morning so far. I believe you said look for the strong leader for signs of weakness. waldo.

boris said...

Dear Readers, YEN manipulation here is very very apparent and needs to be watched

Good Trading

Sqroot said...

Hi Boris. I'm a little perplexed at the price of gold with all this talk of a Fed rate cut on the 11th. Another cut should hurt the dollar and help gold. What do you make of it?

boris said...

Dear SQROOT,
HEllo there TEAXAS, AUSTIN BOY, ( BOY I WOULD LOVE TO BE ON 6th now listening to WILLIE NELSON)

Yeah, GOLD, when stocks go 15-25% in three days, which sane soul will buy GOLD Dear SQROOT, wait for market to correct and the GOLD will go up then ( which should start next couple days)

Besides you know our GOLD outlook , right beyond few weeks we are not crazy about it anymore.

Stay tuned.

Good Trading

Jason said...

sqroot,

You are in Austin? WOW!! as diverse as this board is I would never ave guess I lived in the same city as someone on this board. I love this town.

Jason

Jason said...

Boris,

I love your comments on the main board. FED/Gov/Big Biz run everything!! Article in the WS Journal today saying they are going to help the mortgage companies and banks out of this foreclosure mess by looking the rates on variable loans. When will the corporate elite ever be punished or made to pay for their wrong doings?!! I say let countrywide and the like go bankrupt. Maybe that will teach some of these fools a lesson.

Jason

boris said...

Dear Jason,
I am in Israel,
But I used to work at IBM on Barnet 1992-1994 and loved the AUSTIN and SANANTON.

And loved the TEXANS. and loved the 6th streent and more than anything loved WILLIE...

I play his songs on my guitar all my free time.

Good Trading

lagscrew said...

Boris, Jason

This also turned my gut this morning with the Countrywide bull$$$it

maybe they should bail out social security instead or leave our troops alone ( they tried to take sign up bonus away from a guy who couldnt finish his tour because of a limb being blown off)

boris said...

Dear Lag,
My god, where/what we have come to...

Good Trading

John said...

Boris,
I will take your word
going short
old john

boris said...

Dear John,
DO not go short without choosing the spots correctly.

Please, look for move up that stalls before shorting.

Good Trading

waldo said...

Boris, I looked at your chart that you posted and watched the one slide show on it. Is that you and your wife lying in the lounge chairs that is in your chart. waldo.

Jason said...

Boris,

I love Austin but regretably have to let you know that the big corps. and rich by real estate folks from the area where the housing markets are exploding now have moved to Austin. Traffic is insane!!! 1hour for me to drive 15 miles home from work. Now all these high rise condos and fancy/snotty bars. 6th st. is VERY different from the mid 90s. You were here during the prime.

Lagscrew,
Right now I think the only chance of something possibley happening would be for Ron Paul to get in there and try and shake things up....unfortunately I don't think one man can change everything....wait a minute....one man can change everything. Look how BUSH has messed the world up!!

Jason

Jason said...

sqroot,

You are in Austin? WOW!! as diverse as this board is I would never ave guess I lived in the same city as someone on this board. I love this town.

Jason

Harleydog said...

Boris

qqqq's look like bear flag on daily(low vol flag), also could be measured move. just a thought.

Harleydog

Blaine said...

Jason, Sqroot, Boris,

I am UT Austin alumn. Got a degree in finance back in 1999. I love that city. Good to know you guys.

I got another degree in finance from Notre Dame. I love how with all my education not once was I ever taught how the market really works. I got my PhD from Boris...

boris said...

Dear Waldo,
I am not sure...
What do you see that I do not.
I do not see any other, but one chart. I may have mistakenly put multiple charts. Not sure.

I have removed the chart for now. It was for illustration anyway.


Thanks Dear Waldo.

Good Trading

boris said...

Dear Blaine, and all current and foremet AUSTIN and all others that are not from AUSTIN.

In our hearts we are all from AUSTIN. At least the AUSTIN I knew...

Love you guys.

Good Trading

lagscrew said...

Can someone explain the outcome of Megaphone formation--SRS for the past couple months has a perfect one

waldo said...

It was just a man and a woman laying in 2 lounge chairs looking at each other and holding hands. nothing obscene. might have been a picture from a beach or a pool. waldo.

lagscrew said...

Jason--If someone were to go against the grain of the Elete-they would be shot (sorry I ment suicide) LOL

Jason said...

sqroot,

You are in Austin? WOW!! as diverse as this board is I would never ave guess I lived in the same city as someone on this board. I love this town.

Jason

Harleydog said...

lagscrew

are you referring to broadentop pattern? if so (ICE has one on the daily), it is more of a horzontal pattern so to speak. imo

Harleydog

Blaine said...

Lag,
The SRS could be a megaphone. It will be confirmed on a close below $79.34 - that is 23% lower from here. After that close, it should crash down.

However, I don't see what would cause that fundamentally. Real estate trusts should stay weak, perhaps weaken further. I think any move down will stop at the $90-95 area (50/200 DMA convergence, upsloping).

Jason said...

Boris,
Do you think that the market or currency or both were manipulated over the last few days? Since the USD usually moves opposite of the markets maybe they were just manipulating the market and the currencies were telling the true story all along.

Jason

lagscrew said...

THX Baine,Harley

the one Im refering to wasnt a broading pattern

boris said...

Dear Jason,
in inipulations the cause and affect are often not distinguishable.

GOod Trading

Harleydog said...

lagscrew

some technicians feel megaphone and broadening top are synonymous(of which I am one) and tend to occur on a faily horizontal basis

SRS imo, seems to me to be series of higher highs and higher lows(always good when long)

good trading to you.
harleydog

lagscrew said...

THX Harley

I am new to alot of things and trying to learn like many here

Lag

lagscrew said...

If you take out a short spike up on the spy this morning and just use the other clump of highs--the highs and lows compared to the e-mini future is the same.

In the past if the futures arnt running a few points above spy--it isnt positive for market

LAG

waldo said...

They are doing there very best to try and suck more suckers in with the yen today but most are not biting on it.just amazing. waldo.

boris said...

Dear Waldo,
Financials are the top doogs again.

BKX is up almost 10% last 3 days.
Very impressive.

Good Trading

Blaine said...

Boris,

What is your upside target on the BKX? I remember Mark L. saying two weeks ago he would like to short it around 100-102. We are hovering around 98 today.

Thanks!

curaki said...

Hi Boris,
could you recommend me where to put stop-loss for my eur/usd long position?
Regards

boris said...

Dear Blaine,
My natural resistance for the BKX would have been 102-103 more 103. But I do not see why dies it have to reach there.

GOod Trading

boris said...

Dear Curaki,
164.50 seems to be a natural place for 62% retracement.

Let me look at some other thinkgs and get back to you if I find more

Good Trading

I would be careful thogh, as YEN may outperfom the EUROpean currencies next few months

Good Trading

curaki said...

Thanks Boris, but I asked you for my euro/USD long position (not YEN).
Regards

boris said...

Dear Curaki,
145.20 is your maximum risk, I would not stay in this long after that even though I expect the EURO to get stronger by the end of DEC.

146.04 is a 50% retrace.

I would also watch the CHF, taking out 1.1356 would not be good for EURO currencies.

I think though Dollar should not have much days for advance anymore or perhaps I am off with cycles.

Now, reaching 146 in EURO was expected, as I often said that we should go back to 146 area. ON this sudden rally of $DOllar


GOod Trading

Sqroot said...

Nice head & Shoulders on the NDX, let's see if we get to the 50% around 2054 Mon/Tue. Have a great weekend Boris/everyone!!!

aaaaaaum said...

Dear Boris, I have unloaded quite a lot of Gold stocks in last few days when prices were higher but don't want to be left-out when they start going back up. After reading "http://www.safehaven.com/article-8910.htm" and "http://www.safehaven.com/article-8915.htm", it appears that Gold is dropping because of Oil weakness and USD temporary strength. Add to that an uneasiness about FED action on Dec 11 - even if they cut, it is not going to help the market. So how many days is a "few days" in your response to SQROOT?

Blaine said...

Just an observation, but if the Economist is putting "The Panic About the Dollar" on its front cover with an image of George Washington on fire, I have to think that dollar has found a bottom. At least temporarily.

http://www.economist.com/printedition/

boris said...

Dear Blaine,
Thanks for the Economist info,
Indeed!

Good Trading