Friday, November 30, 2007
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.
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
Thursday, November 29, 2007
Ok , and how about that $US Dollar ha... Yes, be warned though to not fall in love with the rising Dollar yet.
02:54 ET, JPY status 1,1,0,0,0 and that showed up in 40 point drop from 110.60 to 110.20 in last hour
04:28 ET, JPY status 1,1,0,0,1 some relief for JPY to perhaps go go higher ( drop in price), but this 5 min flip to buy has not much power beyond 25-30 min time frame
N SPX 1458 ( 1454) - 1474
09:35 ET, Current YEN Status 1,1,0,1,1 , intraday favorable ( in general)
10:15 ET, Current YEN status 1,1,0,1,1, unchanged ( hourly sell signal is overpowering the 15 min and 5 min buy signals at this time)
10:26 ET, Current YEN status 1,1,0,1,1, unchanged ( hourly sell signal is overpowering the 15 min and 5 min buy signals at this time) only change... the 5 min buy has been reafirmed just now, meaning if YEN holds the low it can go higher
11:03 ET, the 15 min buy got reafirmed as well, while the status remains 1,1,0,1,1 the last two signals have just been reconfirmed, which is favorable for number rising ( YEN declining , for a very short time).
11:47 ET, YEN status remains the same and it has helped push YEN lower and stocks higher.
Jim Taylor, JD said...
Hi Boris,Hi JIM, Huge Reversal Today:Resistance Cluster:13340.57 DOW9801 (99sq) NYSE2670.30 NAZ 2093 NDX100 Best regards,Jim
Dear Readers, let me remind you that JD had a pretty good call about the SPX P&F generating the SELL signal just around the top of SPX. So, you ignore his statements at your own risk...
13:46 ET, YEN status 1,1,0,1,1 with all of that YEN is unable to get the positive momentum going. When an hourly sell so overpowers the 15 and 5 min buys, it looks like a market that wants to go down ( up for YEN)
Due to the question Dear Blaine asked, I will share with you the findings of one of the systems I developed a while ago. I wanted to know, what happens when the day is so strong that it is certain percent higher than the previous day and if I buy what chances do I have of making money 2 days after. ( meaning I buy on the big day and sell the open of the day after the after - second day).
The answer depends on the big day(ours Wednesday)... 82%(for Tuesday),62%(Wednesday,average winning trade is 1.6 spx points, average losing trade is -1.3 spx points),48%(Thursday),53%(Friday),46%(Monday) (HUH) of the time the market can be sold higher under those conditions ( for the history of SPX of 50 years). Ok!
For Wednsday not a big deal you have a chance of making some money, but more important outcome of this is that in either case the open of the second day is not very far from the big day close!!!!!!!!!!!!! I love this result it tells me do not hurry putting in the shorts, which confirms all other things we discussed today ( it is, almost, never immediate sell when tbe sell pressure becomes high... you need some distribution days). It is from all of those little peaces confirming each other that one gets confidence to trade.
15:46 ET, now this is fun to watch would not it be nice if the market (SPX) closed 0-4 points above yesterday and then open tomorrow somewhere within that range. It would be right down the statistics I gave you above ( AMAZING, but please understand there were 27 or so trades of this kind in 50 years and there was some deviation, averages never tell entire story)
Strictly intraday people should pay most attention to the last three digits , intermediate ones should look at mid 3 digits and long term traders should look at first three digits. This is very roughly. Trader can use this anyway he/she likes
Wednesday, November 28, 2007
No volatility change will preserve numbers
N SPX 1429 - 1452
09:39 ET, I do not know what future brings( You are laughing(: :), but I really do not. So, I just pocketed 4% gains for one day on all my investments not bad, why wait a Year if I can do it in 1 day?.Now, this is me mixing the trader and INVESTOR. If I can make 5% in CD and add 4% in a day, I got 9% for a year for one days work. Now I call this efficiency, cause I can live on 9% a Year.
10:06 ET, YEN status unchanged 1,1,0,0,0
Did anybody watch AIG, at highest points yesterday and today it gained 11-12% HUH!
11:59 ET, DO not bet against YEN it is hard to play against today. The only real hard resistance now is at 110.40 110.60. Hopefully stops there.
12:40 ET, YEN status now still 1,1,0,0,0, Interesting that YEN could do so much damage while within the sell on all intraday oscillators. Daily and Weekly are overwhelming the intras at this time. But this could not last long time. In reality YEN did not appreciate too much from the 930 levels, but the timing is stretched
Grouptational observation, The stocks that lead initial surge ( financials et al.) are not the ones leading the midday rally, these are mostly tech as NASDAQ has gained the most from the early 10+ Am. Which is suggesting to me that the GROUPTATION is going on now to techs and NASDAQ is the one to watch for signs of weakness. Remember we thought that Nov30 - Dec3 time frame had rally written over it. So, while I certainly support taking profits , aggressive shorting here is not recommended even as it may turn out to be very profitable.
Tuesday, November 27, 2007
23:23 ET,Yen update Now 1,1,0,1,1 Wuol love the hourly to be buy also, but is not . Looks Ok for now, but the trailing stops must be in place at around 90% retrace of the last rally.
00:35 ET, Yen update Now 1,1,0,0,1 ( take profits if you are an intraday trader)
By the way $US rally may end today as well, even as we project the it ending in 29-30 period.
01:42 ET, YEN is now 1,1,0,0,0 ( usually not good for short term 4,8 hour outlook, even though the powerful weekly and daily are pushing higher(lower in price)) sorry for typo 1,1,0,1,0 was the state at that time and I copied it incorrectly, which should explain the better performance
So what did they buy, prime to by, yesderday? see the comment number 12
N SPX 1413 ( 1411, 1407)) - 1422
Amazing as Q's were hitting the 49.12 second support, YEN hit the first support, if this gives on YEN we could be in another drawn out day
We have nailed the 49.12 like champs ha!
11:58 ET, For a very very short termers I would take here some ( perhaps partial profits ) and let the rest ride.
12:09 ET, update on YEN, it is now in 1, 1, 0, 1, 0 this configuration where one is buy and 0 is sell and the timeframe is WEEK/DAY/60Min/15Min/5Min. This implies that we got a short term sell here. Only those concerned with a short and intraday timeframes should book profits here. Anybody with the WEEKLY and longer outlook could hang in, but must have stops below today's low ( unconditional)
Monday, November 26, 2007
N QID 40.03 - 41.01
N SPX 1436 - 1444.4(do you like this number?)
Dear Readers, we have a sizable history on most of the groups we follow, but some ( especially individual REIT groups have a limited history for now). Price can also be used for a historical observation in these cases. Make sure that if you want a graph of some group let me know and I will put it up next time. Good Trading
Dear Waldo, the outer limits (4th and 5th) on this one ( RUT) are 745 and 740 on the downside
12:38 ET, YEN may have turned for today, giving the Stock market chance?
14:15 ET, YEN is just about to hit the 4th Resistance around 107.80 , Usually this level before the fifth 107.35 stops the move on YEN. Help can not come at a better time for the markets. Independently, this about the time the Market turnaround is projected today.
Please notice the world has changed a bit last couple weeks. China is in the upper corner of the table ( search GROUPTATION ), CHINESE must have learned to say NIET to drugs ( sorry stocks)(: :) and Brazil is in the middle? BRIC(Brazil/Russia/India/China) got BRICKED or shell we say STONED?
Saturday, November 24, 2007
Friday, November 23, 2007
N SPX 1425 (1423)- 1431 (1434)
Dear Readers, While I did not state it this way. Here is the strategy for today. If you feel bullish, buy the low limits. If you feel bearish sell the high limits and if you feel agressive do both. My own bias is not to be bearish today( and it could be wrong(: :)
$US is having a huge reversal. It is not up much, but it is up huge from the lows of the low volume trading lows against , almost, every currency in the world. Is this where Dollar corrects most it has corrected last 3 months. I think yes. We could see EURO back to 145-146 range. But this will not be an end. There will be one more final round of torture for our, already sick currency, parents of which ( FED and TREASURY) left it for wolves to eat to the bones.
Thursday, November 22, 2007
The reason is the Q's have an extremely important level of support at 48.25 ( many will remember that this was a crucial resistance going up and now it has showed up as support in more ways than before, due to the configuration of NASDAQ (Good thing we got Waldo out of the shorts, if NASDAQ hods here). Only if this level is clearly broken would i adopt a much more pessimist view of the markets. Also the BKX has almost collapsed and has come very close to as support zone of 84-86... Careful here shorts! Banks USB/BAC/WFC are in a very favorable configurations for a bottom. Weaker banks C/WBC may have more to go on the downside. Gages are still in the buy zone and P/C ratios got way up lately ( not extreme, but even so). With all of these cautions and the seasonably strong period ( month end), I can not help but caution everybody about shorting aggressively here.
Wednesday, November 21, 2007
Happy Turkey Day America OF USA
Tuesday, November 20, 2007
$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.
N QID 30.96 - 40.68
N SPX 1461 - 1462 ( is a real resistance for this move) all intradat resistances broken.
10:16 ET, so far 50.55 has acted as a s trong resistance, only 5c penetration
13:03 ET, BKX low 89.65. Do we remember 85.85, how far are we? Not very far... After Predicting the demise of this index at 121 ( in Nov 2006! Ha? ) ( Yes, one year ago we predicted top within couple cents) now we think we will hit the low too... By 26th of November? Ce, Bueno, would that be!
14:08 ET, JPY/YEN is killing the market
Dear Waldo, we may have hit the bottom in NASDAQ for today between 49.25 and 49.54 4th and 5th spports. I would collect on some( if you have pletnty) options in your place, Caching!
Monday, November 19, 2007
Hi Boris, The $NDX Exponential Trendlines are closing in on price, which mimics a symmetric triangle I can see on the intraday charts. The backdrop is a little mixed, $TRIN is suggesting a bottom here, even as Bullish Percents, stocks above their 50 day moving average and the McClellan Oscillators all declined sharply today for almost all indexes. Triangles are usually continuation patterns which would suggest continued weakness, ordinarily. New lows rose to 342 on the $Nasdaq, but that doesn't yet match the maximum of 8/16/07 at 506 new lows.The $SPX stopped falling on support around 1430, and this is a strong support level... Because we have high $TRIN readings, and traditionally before Holidays are bullish periods I would expect a bounce is possible here. The Trendlines and Exponential Time Nodes are basically not suggesting anything but continuation..so probably oversold and holiday conditions will rule here...Regards,Mark Lytle
N QID 29.75 - 40.84
N SPX 1444 - 1451
Very Anemic Market, Slow Boring Foreign Currency Market even as YEN made one point higher since last Friday. Volume None(almost)
Regarding GOLD the real strong support lies at 770 cash
11:00 ET, Q first limit just hit so is the YEN limit.
11:22 ET, YES we supported on second 49.71 , with exhaustion bar, se the limits up there
11:29 ET. this is not a good time to purchase, just got the exahaustion on the sell side.
13:38 ET, IF this dive does not stop at 49.50, we go 49.12
14:27 ET, 49.50 held with a minor penetration. Bottom?
14:54 ET, Unless Market springs back up, getting the washout?
Friday, November 16, 2007
GOLD and CURRENCY forecasts have worked very well as the $US dollar had a first up week in ages! and GOLD lost 6% of its value after we suggested taking profits at 850-890 levels. Not bad for an "amateur: site, while gurus are falling like BRIC (pan intended)( stock markets, they fell in love with).
N QQQQ 49.57 ( 49.40) - 50.35
49.40 has a good chance holding,
Yen Rerace over?
10:10 ET, Q's smelled the 49.40 and got repelled? And YEN off the retrace? Too bad John is not around to capitalise on this 25c in 10 min.
10:17 ET, 31 c And counting, this would have been enough for one day profit.
Ok let this be a public lesson. We/I would not have traded any trade but the limit at 59.40, cause the first limit did not give market any hesitation/support. After that as market moved about 31c up I would have immediately terminated at least 1/2 of my positions, pocketing the gains. Then the rest would have been at break even or couple cents below it, cause we have the profits. That would survive the second assault on the 49.40, but may not survive the next assault coming. That is how to work the markets. 10:35 ET. Having all that said, today watching YEN and believing it should/has turned up for a day or two could allow some leniency in stop placement and thinking the position as , perhaps , a day position instead of intraday position.
10:44 ET, 12 ET and 16 ET today are pivotal times and we would like to see that YEN and Stocks Market make the UPstanding(WHITE) candles on 4 and 8 hour charts. Longer the think part the better.
12:21 ET, Somebody who thought day were daytrading must take profits now on 3/5ths or all positions. ( right now)
Thursday, November 15, 2007
Dear Readers, The National SOPITALIST Casino is closed for today. We did not trade, some members did. We forecast a down opening with the stronger closing. We got the Down opening down closing. Our forecast was predicated on YEN going lower after initial strength within 16 hours of the market open. Well, looks like YEN chose to do it in the second portion of the 16 hour time period ( we shell see that tomorrow - if YEN indeed stopped rising next 8 hours). If so, we could expect to see markets opening higher tomorrow.
Gold had nowhere to hide and Dollar gained, Both as predicted.
Main problem to my forecast is inconsistency in GOLD / Stocks forecast. If GOLD and EURO currencies ( EURO/CHF/GBP) should go down at least into tomorrow and perhaps into monody then how does the Stock Market go higher and YEN go lower?
Comments from Mark E. Peltier:Hello Boris, If you have time to post this, this is what I am watching. BKX broke the trendline yesterday which is what wave 4's do. Clearly wave 4 wasn't finished yesterday but I am sure it is now. Wave 5 should now rally to kissback the broken trendline. While wave 5 could finish at the trendline (probably when it gets up to 100.50 ish), it is also possible to see an early morning spike tomorrow to hit to 102 target and immediately sell off similar to yestarday's action. Regards, Mark
N QQQQ 49.90 ( 49.48, 49.00) - 50.61
N QID 39.59 - 40.74
N SPX 1464 - 1469
How about GOLD friends. Not Gold Like at all Ha? will suffer with currencies next couple days as forecast for a while now.
10:36 ET, So far developing as suggested , early low, late high?
12:32 ET, If Weak Yen Theses should still be correct, then Stronger YEN should not last more than 8 from here ( Correction), Nore should the lows of today 110.34 be violated by much.
13:26 ET, Q's Low limit was hit on YEN's strength, if not violated good chance for a closing rally today.
13:34 ET, Has the train left the station? Apparently not!(14:02)
14:18 ET, Entire day YEN is thrown around the level 110.70. There must be somebody super powerful desperately trying to maintain this price.
13:21 ET, We bounce again from our limit with the Exaushtion bar to boot. Is second time charm?
14:57 ET, My theses about later move higher in stocks was based on the low being made either on this 8 hour bar or next one. This one ends at 4pm so, if I am still correct it will come in the next 8 hours, which can only be played in Futures market. See Limits Update For Q's
15:13 ET, The Q's bounced from the 3rd level support, so far so good.
Good Trading , Possibility exists for YEN to probe one more time at 110.15-110.30 area to finish the pattern it has developed. That could mean on more down draft in stocks or none. 15:31 Looks like we are getting one more touch back by YEN
15:36 ET, Level 5 support for SPX is 1440 ( on 15 min charts)
15:44 ET, Got the Downdraft we expected, no more lows or we are dead