Tuesday, November 20, 2007

Thanks For Being With Us

Dear Readers, The National SOPITALIST Casino is closed for today. We did not trade again, but some members had and Dear Waldo was a happy man today. Congrats. Nice gain. He did not inform us when he put the position on, but looking for an exit he spoke up and thank god he did. Cause, we were able to warn him about the last resistances in Q's and potential turn in YEN, thus the stock market. Yes, he could have made few more cents buy waiting, but who knew we would get it? who knew that we will be convinced this time it is a real bottom... Nobody Dear Readers would know this for sure. So, the "Laws Of Boris" say that when we hit between 4th and 5th attraction point it is 80 %+ guaranteed that the extreme of the day has been seen. That was enough for me to ask him to make a CACHING! Appreciate all who actively and/or passively participated with us today.

$US Dollar has collapsed against EURO currencies EURO/CHF/GBP and others. I think within next 10 days we are about to witness a spectacular jump in $US Dollar that will not be the end of the decline, but the first sign that the beast in $US Dollar is waking up and will complete the misery within few weeks ( 4-6) . Gold Had a spectacular move up today and that was anticipated too ( see the Gold-Oscillator charted posted couple days ago. Yet, I stand behind everything I said about the inflation protection assets being in the final orgy.

18 comments:

young grasshopper said...

Hi Boris,
We had a baby girl last Friday, so now my time is even more limited. Thank-you for you are doing. I'm checking in when I can, but now have even more diapers to change.

Sqroot said...

Great calls Boris!! I'm not sure this is the bottom, but I'm sure you will let us know.
Congratulations to young grasshopper!
I love the grandkids, by daughter is expecting another girl early next year.

John said...

Boris,
thanx - sold that skf i asked you about. i will be traveling monday so it may be tough for me to catch the blog.

young grasshopper,
Congratulations on your wonderful addition to your family

old john

lagscrew said...

I have a market map of Nov. I copied from Mike Burk awhile back which shows the last 40yrs. or so with things going down from the 12 20th and then back up till around the 28th or so before starting to dip into Dec.

lagscrew said...

12-20th

John said...

Mark L.
I ran the $NASI that you pointed out to me the other day. It is getting very close to the bottom it hit in August. Almost as if a couple more trading days would do it. I was wondering if you get the same results or am I missing something.
thanx
old john

boris said...

Dear Hopper,
More reasons to hopp(: :).

Congrats!

One more future blogger for us(: :)

Good Trading

boris said...

Dear SQROOT
Thanks,

You are not a slouch yourself.

Good Trading

boris said...

John ENjoy, whatever you will be doing.

Forget blog for a while,

Creative destruction of what you learned is good. That is the only way we relearn...

Good Trading

boris said...

Dear Lag,

Keep the good info rolling.

Thanks and Goood Trading

Edwardo said...

Let me get this straight, you are a raging dollar bull who sees the dollar index going to...?

xerxes said...

Hello Boris....

As eduardo says, you've turned into a "raging Bull"! What do you see as a catalyst for the rise of the buck?

Fed meets on Dec 11th....FFF suggest a cut.....What do you think will catalyze the bull move? Perhaps a surprise rate increase?

Now you can't make these kind of statements about the buck without more details :-))

John said...

Boris,
again, thanx for everything . will be driving in the snow this afternoon. I have made plans to put a little money into the indexes Monday.
Old John

mlytle said...

Hi John,
We're getting a lot closer, but watch stochastics on that indicator, that will give a clue. When stochastics plotted against $NASI and $NYSI come up from below 20 to above 20, the bottom is in..

Mark L.

John said...

Mark,
thanx

old john

boris said...

Dear Eduardo, Xerxes,
I was almost a lonely bear for as long as I published here or safehaven.com. I am still not a bull , but I am waiting for my time to declare a dollar bull. It is coming. What makes me bull after FEB 2008 ( meanwhile I am bear ) the same things that made US miserable will make EUROPEANS and ASIANS miserable later. USA is the first to go , so to speak.

Good Trading

boris said...

Dear John enjoy your trip
Good trading

Edwardo said...

Then clearly you are a raging gold bull and a bear on all fiat currency. You see, as I do, competitive currency devaluations, and a race to the bottom for fiat.