Wednesday, October 31, 2007
N QQQQ 53.96(53.73) - 54.77(55.00)
Giving you big range ( 3rd and 5th) FED day
N QID 34.58(34.03) - 35.04(35.57)
Dear Readers, i hope info was helpful, I had computer problems entire day and hardly was able to post limits. I do not even know what the FED news are(: :) . Well, I hope you guys/girls did well.
Tuesday, October 30, 2007
Did you notice the topping action in GOLD ( no not yet, but it is coming). Did you see what it was? On cash gold we stopped at 794.55 ( Hello!, we kept telling you 794 for how long, Why in the world do I bother? I should just write Wall Street Journal of Tomorrow (: :)).
Good Trading Dear Friends and appreciate your professionalism, which was plenty expressed, while I was absent almost entire day, but nobody missed the beat! Bravo Dear members.
Dear Readers, Sorry to be repetitive, but they say that the repetition is the mother of learning. We must repeat and reinforce what we know and believe in. As it stands, Looking at the Pressure charts ( SPX/QQQQ) We do not even see the beginning of the Sell Signal, ditto from the Summation Line. Have never seen the Sell Off start from this level of the Summation chart. So, there... ( has not this kept us buying into the gloom of OCT 21 and staying in? I rest my case.
QID 35.03 35.32
watch 34.50 low 35.70 high
Monday, October 29, 2007
Dear Mark Lytle, thanks for posting. Long Live Linux ( UNIX), which I have co fathered with many brilliant Computer Scientists in late 70's.
Saturday, October 27, 2007
Friday, October 26, 2007
( it is possible we made high of the day on the open)
N SPX 1524 - 1534
It Just Does not get Respect, GOLD, nobody is talking that it is almost $800, ha..., Rodney Dangerfield of investments. What does it take Guys/Girls?
I hope you all remember targets I mentioned 794 and 1121, let me alos remind that the fall is coming Nov 6 +-3 Days, which should present opportunity to add/renew purchases for gains into DEC ( Seguro Casi) Pero talves JAN/FEB tambien.
BARBARIANS AT THE SOCIAL SECURITY GATE
LET OUR MONEY GO!
It seems like everybody is celebrating demise of the US (we are talking Dollar too) ( which should recover a bit Early Nov, before a renewed plunge), except us who put the blood a sweat into the money we entrusted to Social (IN)Security and it is eaten away by current devaluation/destruction ( for us ) "earnings" by the multinationals(buffets and gateses of the world) and taxes they pay to not so honest politicians and fees they pay to the Welfare State ( confusingly called Wall Street ).
US government has decided. Hell with you fools. We already got your money now watch us destroy it. What did you think When you gave us money, we would honestly guard it for you? Hahaha... Hahaha... Hahaha... What fools, Screw Them While you can... Hahaha... Hahaha... Hahaha... What fools?
OK enough of watching these barbarians at SS gates, just use each and every means to communicate the fact that SS is not a promise of GOVERNMENT to people, it is a DEPOISIT by PEOPLE for PEOPLE. Those fools coming on TV and questioning even our rights to the money ( we wish, just IOYOU of full of dishonest people) to real contributors. Make sure, everybody understands we are not demanding other peoples money, we are demanding what we put in. Let us make sure that politicians will not ignore the SS issue forever until devaluation has ZEROED our money.
Make sure you know that enough of empty sarcastic smiles from both isles of representation in USA, while they , supposedly worry about the best outcome for us, but meanwhile delay any solution, letting our money go down to ZERO almost at a rate of tenth of a percent every day last couple months. At this rate our SS will have almost ZERO purchasing power in less than one years time.
Let our money go... Let our money go... Let our money go...
This is our battle cry from now on. Let these idiots half/no heart people understand that we understand what is going on. And we want the solutions now. Like the ones I describe in how to "Save Social Security". Securitize and give it future price and distribute it as it is. LET OUR MONEY GO! We know we will get less than a $dollar for "imaginary" Social Security $dollar, but we will get it now and decide what to do with it instead of letting Washington destroy it. That would be an end to PONZI charade called SOCIAL SECURITY, which is nothing but the giant field where SENIORS are raped by multinational Billioners every minute. With the willing helpers from Washington and Wall Street(WELFARE STATE)
LET OUR MONEY GO!
Thursday, October 25, 2007
Comments from Mark A. Lytle:Hi Boris, If we accept the thesis that a rising yen is trouble for U.S. markets, then this is trouble indeed..I don't spend much time looking at currencies, but you have inspired me to take an analytical look at the YEN. What do I see? A perfect Elliot wave pattern, 5 waves up, 3 waves down (A_B_C) and now, we're starting the next 5 wave sequence up..The implications are obvious, as the next 5 wave pattern , by Elliot rules should be similar in magnitude to this one..Not necessary the same, but similar... Everyone seeing this should head to the Bunkers, and lay in some provisions.. Regards, Mark Lytle
Dave Thanks for Reminding us that JD lives in CA.
DEAR JD, WE ARE CONCERNED ABOUT YOUR WELL BEING, CALIFORNIA FIRES AND ALL, PLEASE SHOW US YOU ARE OK. Thanks Boris and Friends
N SPX 1510 - 1519
YEN i s doing the obligatory morning down push
1o:11 ET, OK YEN's done BSing so you can go to normal life, indices in + territory
Wednesday, October 24, 2007
Comments from Mark A. Lytle:Hi Boris, We're all the same here..I guess we never sleep :}...I have been following your comments this morning about the relationship of the markets and the YEN..I think I wouldn't argue there's a relationship, but here I took the $yen chart and inverted it using the "$one " paramter and set it against the markets and the problem I see is the top in the yen is not perfectly aligned with bottoms in the U.S. market, it can lead or lag by a number of weeks..Now granted in the last few months, on daily, it has made some amazing calls,..but going back to 2003 it has come in and out of phase with the U.S. markets..so I am not totally convinced that it is a real good timing mechanism for the absolute tops and bottoms on U.S. markets though I agree there is a tendency for a rising yen to depress our markets... Regards, Mark L.
Dear Mark you are full off it ( no no kidding). Amen! good work and nice to tell me I am full of it. Kidding again, but it is clear that a dominant market mover is not YEN every one single day! absolutely not... You are correct. But when "they " really want the market to do something, "they" know YEN is the best way. Yea, I apologize for getting late to your email. I think I have one more and I will do it tomorrow ( well, you may have new one by then). Alert me via Blog... One more note about the YEN and carry-trade in general. You see if we do not know the Moon influences us we would not watch it. Until public was made aware of the YEN carry-trade last couple years. People did not know where to look for reasons for something and it was not , therefore, exaggerated in influence. Now that we KNOW...Dear Readers, the National SOPITALIST Casino, is closing for today. We did some things today, I am not going to speak about myself, but the members did some trading, they tell me successfully. Well, that makes my day my dear friends. If I was independently wealthy and did not have to trade for living, I could do much better for all of you , but that is OK, I make enough to sustain myself and my work with you and the best part is that you are getting experienced and learning to go with the flow... I can tell you there is nothing better for me in life than to help those that want to be helped.
Hey Dear Waldo, enjoy your winnings and you Dear LagScrew.
N SPX 1506 - 1519 ( more space here)
BKX is at the world support, if broken, GOLD( I mean this) help us. I think buy BANKS here for a trade with clever stops.
Please accept my apologies for not attending email, if you send me something important, you have a better chance of me reading it, in time, by telling me via blog , here!
13:24 ET, CITIBANK at the 4t annual limit support exactly. Strong support, BANK OF AMERICA at the 2nd annual , strong support. Investors, should/could nibble here, on these banks for their portfolio, remember you do not buy food all at once, the same with stocks.
14:02ET , final descend, hold onto your hats, watch YEN 113.60+- 10c,Late day turnarounds could be dandy
14:42 ET, Something tells me that YENS job is not done , it has stopped 8c, outside of the range prescribed and that could be it, but I doubt. They are leaving "the job" for late today or early tomorrow?
Tuesday, October 23, 2007
N SPX 1519 - 1516
09:40 ET Red Alert, Q's could top between 53.67 - 53.80, YEN BOTTOMING/TOPPING, very low risk/reward trade here for the takers
09:59 ET, For those short Q's stops must be (mental) placed at 53.83.
Yen , which was up all night, has lost/gained(this is inverse) 40 pts from 115.0 to 114.60
10:04 ET, Those not short YEN want to try even lower risk trade sell Q's just before 53.80 and place a 5c stop.
11:04 ET, Stops now 53.76 1c from the top
11:15 ET, Stops now 53.67 ( mental)
13:05 ET, Stops same place ( survived) Yen 60% retrace over and YEN up and Market down, should follow, keep your fingers crossed
13:38 ET, if stopped, reshort with a (Xc stop - figure what x is, I am not giving in the open this time), or do some other index or invers index
13:58 ET, stops 53.69 , do not give any money to market
14:08 ET, If you are playing other than Q's you are not stopped even once, so it pays to listen and do non Q security, be smart with the suckers
15:48 E T, OUT , that is the value on tradeing, Damage minimal, even when wrong. This is the only thing that is a sure thing in trading, everhting else is "imagination"
Monday, October 22, 2007
N SPX 1491 - 1500
Nasdaq Topped so far at 53.11 with 3rd Resistance point at 53.14. Not bad ha? And SPX topped around 1501. pretty close to my taste.
11:02 ET, The lows established 10 minutes ago(52.45 Q), maybe all we get today. So, watch that level for reshorting, otherwise we could be heading higher.
11:26 ET So far that low working nicely
11:31 ET , still working for 25 c now approaching the exhaustion bar
11:36 ET, Exhaustion bar stops rally?
I am pretty amazed but, all is working today as advertised.
Gold DOWN, Dollar UP, Market (shorts squeezed) and what else would you like us to predict?
14:59 ET, Inside comments with SQROOT, we said, rally may fizzle and from that moment the Stocks started a decline continuing till now
Sunday, October 21, 2007
Friday, October 19, 2007
Special thanks to all contributors. We are still under assumption that the YELLOW BRICK ROAD is followed, but within the WHITE BRICK ROAD was supposed to create the disruption just around this time OCT 19-21. Let us hope that it is nothing like the 1987 counterpart, but we can not rule it out. Our pitiful attempt today Yielded us -4c. Nothing to speak about, but a loss nevertheless. I guess I was struck with a BULL virus... In any case, I honestly think that there is a reason, why we are "lead" to believe that this is another 1987 and we could come next week , with all the shorts being squeezed. My conspiratorial instincts tell me exactly that. Could be wrong, of course, but If YEN is indeed stopped here, I can not see how the Market could tank. Also, the YEN indicator GOLD seems to have taken the entire thing OK. So if there is another 1987 it will have to come from something different from YEN.
Now, before we all forget, we started selling before anybody was... Remember my shorts went against me for a day or so... OK, then I got virus and abandoned my short positions with some gains. We would still be short if I liked the RISK/REWARD ratio. I did not. So, it is not who is selling and buying? it is about who is making money when the money is tallied up at the end of the year and how much risk did they take to get that. What we do here is exceptional and has not been seen anywhere. We try to make Dollars, risking pennies... I would love others replicate this playing with open cards like we do. We even suggested couple shorts much higher from here, with awesome precision high limits, but Me personally being busy with currencies, I could not follow up. In short, I do not see myself advising anybody, I see myself caring about their money and try to teach good trading habits. If we make money along the way that is fine. Main goal is to learn trading, I bet you most "advisers" have no Idea what trading is all about. It has nothing at all to do with market forecasting. It has all to do with trade management, I said this million times, and here it is again. And "surprisingly enough" this is coming from a guy that foretold the events months ahead, in public for all classes of assets Ha... Meaningless... that is all that forecasting is. If I can not see manageable trade, I do not do it.
N QQQQ 53.0 - 54.14
10:10 ET, Low so far 53.06, could this be the LOW? if it gives watc 52.91
10:45 ET, if this 52.91 gives we look at 52.60
Dear Readers, from Dear Edwardo's comments in daily post, I can see that we need to repeat, how we use the indicators.
1) I use no indicators at all, except gages.
2) First priority is the price limit actions
3) Gages only set the general tone
4) When the prices move 1.5% That is decisive
Regardless of what gages think. Same is true
When the prices hit the limits and turn.
At turning points Any gages will have a lot of confusing indications, but if you going to use any indicator ( short term Swing Indicator), you must trust it to the extent I describe above.
Thanks for the opportunity to reiterate the approach. In trading only trader matters!
Jim Taylor, JD said...
Hi Boris,Hi Jim, Revised P&F Price Objective: 13100No Bounce of significance at 13689 (117 sq)Next Bounce at 13225 (115 sq)Have a nice weekend.Jim
10/19/2007 10:33 AM
14:23 ET Dear Readers we are very close to turnaround in YEN, It is the time next few minutes or never for STOCKs To turn around.
14:49 ET, YEN SUPPORT lies around 114.62, we hit 114.74 low. Are they going to go for it? or are the suckers done.
15:21 ET, YEN hits 14.68 and Q's arpproaching 52.60 our target. It is do or die.
15:25 Buy Q's with 10c stop 52.62
15:30 Stop 52.58
15:39 ET, Rally develooping in YEN, Q's
15:47 ET, YEN still supporting Q's are pushed lower ( out -4c)
I was awaiting for a later turnaround, but it is not coming , even AS YEN is seems to just stop around our numbers. Does not look good, but can not go short here.
Thursday, October 18, 2007
N SPX 1531 - 1539
What did I say Yesterday? You could have watched the YEN instead of Stock Market. The same today...
Does anybody notice that Nobody is gloating having GOLD?
It is not talked at parties and it is not even mentioned much by talking heads. All move up has been perfectly orderly so far...
Incredible and means that there is more to go, at least 794 or even 1100 in by FEB/March 2008?
Wednesday, October 17, 2007
My big targets still remain. INDU 14444, NDX 2255, SPX 1577 , FXI 250. So close and so far...
Appreciate all that participated. A dema
N SPX 1546 - 1552 ( tight again)
FXI china ETF tops 210... going to 250?
10:01 ET SPX, INDU,TRAN,UTIL have all stopped at respective cluster points of 1550 ( close to our high limit), 14000, 4900, 518...
10:39 ET, now Dear Readers/Friends, if I could speak, write Chinese BLOG there could be a chance, but since I can not and the Chinese are the "new suckers" very clearly coming under P.T. Barnum's definition of those... Where do you think the SOPITALISTS go to draw the blood, with their "somoke and mirror" circus? certainly not to us, experienced and skill full traders and even less so, but embattled American Public that has learned hard way how manipulative the markets are. They go to new places and Chinese, Former/Still? wide EYED COMMUNISTS and new SOPTIALISTS wannabe, fit the bill perfectly... So, when this FXI explodes into 250 and every Chinese that could , has bought the stocks, then the end will be at hand
You got to love this, SOPITALISTS make so many ways, first they SCREW our SENIORS and anybody on a fixed salary, by depreciating their $, then they get them into the hands of "new suckers" and they robb them daylight... God how cruel! Now, please do not push the Circus Analogy too far. P.T. could have never dreamed of 3-4 TRILLION $ of smoke and mirror a DAY
Now, that I published this number, it is possible that we do not get there and just reverse on some incredible volume somewhere between here and 250 and close below 204 a climax of sorts that could do it too.
12:05 ET, FXI tops 218
12:41 ET, So what was the high today? exactly the Hi limit of Q's.
Look my dear friends I do not care where the WORLD TOP of the markets will be (OK, just a little(: :) ). But for day after day for us to pick the exact tops in SPX/Q is much more profitable than waiting for the ETERNAL TOP... Besides anybody can read my article "Sorry To Blow Your Bubble", where I said the Real top of the US markets will be after SPX reaches 1550. That was in MAY 2007 and since then "the real market is lower". That is all I know...
13:13 ET, Q's at the 5th lowest support 52.92 level, nowhere to go, but crash?(: :)
13:26 ET, this point 52.92 is a SELL/BUY point period.
13:30 ET , most likely it will support here, exhaustion bar
13:34 ET, 10c on either side will decide if the trend has changed or not ( short term 5 min trend)
13:37 ET, HELD! if bought stop below 52.84
13:48 ET, stop 52.89, or breakeven
13:55 ET, OUT, 52.68 if brokern, 52.38 - 52.30 next level
Jim Taylor, JD said...
Hi Boris,Hi JD, P&F Sell signal on DOW yesterday.Price Objective: 13400Look for a Bounce at: 13689 (117 sq.)Look for 13225 by Oct. 29 (115 sq.)Jim
10/17/2007 11:54 AM
Tuesday, October 16, 2007
N SPX 1540 - 1544 ( very tight?)
10:13 ET SPX turned exactly around the top 1544.
10:26 ET For two days in a row, the Hihg Limits provided incredibly profitable short entries.
10:40 ET New Fresh low below todays lows... Could mean a (mini) crash, there is also petential that we have bottomed for a while... Thus I suggest that trailing stops are in place ( real or mental, come on now, do not risk profits you may have)
11:25 ET, Above note, started the rally!
11:39 ET passed the 3rd Resistance and approaching the 4th at 53.40
Have you noticed, the 204 Level For FXI ( CHINA ETF) have come and gone ( hit 208 now 202). I do not think so. God help us all... This ETF is going 250! and so is the EWH ( HONKONG ETF) to 26 from current 21 area. Do not say I did not tell you