Wednesday, February 27, 2008

Thanks For Being With US

My morning starts with GROUPTATION link, yours too?
Dear Readers The National SOPITALIST Casino will soon be closed for today and the Wall Street ( WELFARE STATE ) will go to burbs to count money they screwed ordinary citizens out of. I trimmed some more of my stocks in anticipation of MDS (mandated) selloff, but i am not going short. I just invest less at this time. ANTI-DOLLAR orgy continued today, but signs are emerging of some rebound being possible here. I do not expect the pace of dollar decline to continue the way it is against the EURO , but the decline could be stronger against jpy and cfh till April. Another turning point is approaching in March 4 +-2 trading days.

Dear redaers, 74.10-74.24 is a powerful support area for USdollar, closed today at 74.21, perhaps for a reason. If broken we are looking at 73.03, 72.30 as possible stop points.

DOUBLE MM means DEATH for precious METALS. The top in precious metals is very likely March 4 +-2 trading days and May 7 +-2 trading days. It is highly likely that later in the year, we will look at early March as the time when METALS of all sorts died. Alternatively we could see DOUBLE MM create a single M type of DOUBLE TOP with high points in the DOUBLE M(arch)M(ay)?


One more signpost, those that already have EUR/AUD/JPY and other AP's please add CHF watch point 1.0517 - 1.0534 to the area of possible
CFH turnaround ( and Dollar turnaround)

17 comments:

John said...

Boris,

than

old john

boris said...

Dear John,
Enjoy

Good Trading

lagscrew said...

Boris

My windows locked up so I couldnt post
my things are on a pretty good sell here--all we would need is maybe the 1396 to push my indicators to the hard sell.

anyway I bought some QID 20 min before the close so Im pretty short here.

boris said...

Dear Lag, enjoy

Good Trading

lagscrew said...

Interesting--I heard of this 6 months ago

http://www.sandersresearch.com/index.php?option=com_content&task=view&id=1346&Itemid=104

lagscrew said...

couldnt get it to apply so here is just a partial of article to save space here.--Maybe you can google something up

In Nov. 2007, WND published a six-part exclusive series, detailing WND's on-site presence during the NORAD-USNORTHCOM Vigilant Shield 2008, an exercise which involved Canada Command as a participant.

In an exclusive interview with WND during Vigilant Shield 2008, Gen. Renuart affirmed USNORTHCOM would deploy U.S. troops on U.S. soil should the president declare a domestic emergency in which the Department of Defense ordered USNORTHCOM involvement.

In May 2007, WND reported President Bush, on his own authority, signed National Security Presidential Directive 51, also known as Homeland Security Presidential Directive 20, authorizing the president to declare a national emergency and take over all functions of federal, state, local, territorial and tribal governments, without necessarily obtaining the approval of Congress to do so.

Greenie said...

Boris, My dollars never fell below 74. Which one are you talking about?


G.

Greenie said...

Lag, they take over all of US, only if people allow them to. We are not there yet, but maybe one of the next presidents...

lagscrew said...

Think he ment 74.21

boris said...

Dear greenie,
Thanks for correcting me, I tranposed 4. to 3, I thought I remembered correctly...

Sorry and Greatful for your vigilance

Good Trading

John said...

Boris,

Good morning, I know this may be a little out of my league but this top of precious metals would include a short term top of gold? thanx-

old john

boris said...

Dear John, this top in gold would be at least a short term and perhaps intermediate term.

Good trading

John said...

Boris,

I am thinking about expanding my horizons past trading the SPX and the occasional stock. Time will tell.

thanx
old john

boris said...

Dear John,
Even if you do not trade, just the fact that you are watching interdisciplinatry/intermarket entities, stocsk, currencies,gold, bonds, etnergy etc... gives the feel of ASSET thinker, not just a trader... both of the skills of trader and investor are enhanced at that point. Then you really apprecaite fuller the things that go on this site...

You certainly did not dissapoint us or yourself. Your progress has been fast and furious and the fact that you are now asking these questions is an indication that you are starting to mature as a financial wizard, not just a trader.
ENJOY
Good trading

Wanderer said...

Dear Boris,
Good morning.
Thank you for the wealth of great information that you are sharing with us.

Good trading to you.

Bert

boris said...

Dear Wanderer,
in one word

ENJOY!

Good Trading

John said...

All,
In regards to Boris call on precious metals. There are new gold ETFs on the big board today. DGZ,DGP,DZZ

old john