Monday, July 07, 2008

Attraction Points(Apoints),ASIA & EUROPE

4969 4937 4885 4801 SPI 5125 5157 5209 5293
13110 13069 13002 12894 n225 13310 13351 13417 13525
6281 6260 6226 6171 DAX 6383 6403 6437 6492
3255 3237 3209 3162 ESTX 3341 3358 3387 3434

TO all subscribers, welcome to the new week/month. Hopefully rested from the markets for last 3-4 days(:-
Please, Please note, all the forecasts you have seen have wide margins of error, even when they are correct. I can only wish I could predict future better,but it constantly amazes me that I can at all?!. The projections you see are the service I provide on my own time, never really promised, but that is all they are. One day some of them may/will miss spectacularly and I want you to be prepared for it(:-, Meanwhile enjoy while/when they work!

Remember to supplement it with your/our own technologies that adjust the expectations in a shorter time periods. For example while the previous projections for GOLD indicated the top around 7/9 it may have already happened at 7/3, when Dollar made the bottom. Looking at the Reversal on 7/3 should have lit the bulbs in our heads as the next week already looked like 7/7( today) which is not distinguishable from 7/9 from the forecasting precision point of view. So, Please use the shorter term methods to navigate what looks like a longer term outlook projection. Remember 2 days are nothing in the time frame of the 3 months, so what you really want to look at is the direction and work on exact timing with all the short term technologies/systems you got

11 comments:

curaki said...

Hi Boris/All,
it seems to be rally day. Or I am too early? Let's see.
Good trading, Ivan

sharon said...

It seems to be a good entry point for QID.

Sharon

boris said...

Dear Curaki,
Dear Sharon,

I do not like taking positions when I do not know where I am.

My policy is
"WHEN IN DOUNT BUT OUT"

As I have described before, this is a situation that has not completed the downside, but it could jump couple days up before it resumes decline.

The Only way I am prepared to play this market is to play only very short intraday, USING APs.

Thatis it.

There is no point in being hero.

It is clear though that we are bottoimg, but it , often takes 100-200 Air pocket for the bottoming to finish. I do not feel bein in a hurr making trades on a swing bases, but , as mentioned , could trade intraday.

It is very different for INVESTOR, which I keep suggesting to buy the quality high YIELD stocks and ride the situation out.

These kind of DEEPs in the market the best places to "DOLLAR COST AVERATE ON DEEPS" into the market.


Good Trading

boris said...

Dear Ivan and Sharon,
I would like to remind all of SUBSCRIBERS to take a good look at the three tools in your posession...

1) YBR
2) SEEFUTURE
3) GOLDPROJECTIONS

they are telling you where, in which, neighborshood we are now, are not they.

YBR seems to have been an excelent guide into this bottoming, just like it has been in last years bottoming of JULY/AUG.

Please look these tools and make one difference from the past.

DOLLAR IS CAPABLE or rally even if stocks do not rally. That should reduce your number of scenarios in the WHATIF spreadsheet(:-

Good Trading

sharon said...

Dear Boris

As long I put my stops , I feel more secure to take a side. of course I'll act based on AP and wait for 4th - 5th high area.

Dollar is the king today, but still bow to the emperor - the Shekel.

Sharon

boris said...

Dear Sharon,
Shekel is an imperor without clothes.

Israel has nothing to have such a strong currency.

It is manipulated to fleece the foreigh based JEWS who bought their apartments 1-2 years ago and must deliver them when the LUXURY apartements are complete. Most of them to be completed buy mid nex YEAR and deleverd for SHEKELS( which the unsuspected foreighers will pay dearly for).
Israely banks and builders are too smart! but they can not manufacture strength where it can not be. That is the situation approaching fast.


Good Trading

sharon said...

Dear Boris

I totally agree with your statement about the SHEKEL. additional major factor for its strength derives from lack of global investments by Israelies. this situation could expose the Israeli currency to strong depreciation when business climate will change. and since economy is cyclic it will happen.

meanwhile it became almost impossible to buy a house in Israel. maybe the sub-prime will come visit us and things will change for the common people.

Sharon

boris said...

Dear Sharon,
In some way it looks exactly the same way.

ALL THOSE DOLLARS Dear Bernanke dropped from his hellicopeters had to go somewhere and they did

One of the places was ISRAEL.
I stated before, 70% of money in ISRAEL comes for real eastate, maybe UNreal estate.

Nobody local working honestly can affort to live in TEL-aviv.

Government, pretty DISGUSTINGLY, does not encourage any building in periphery, which is amazing to me from ZIONIOSTS ( ast they are often accused), but I GUESS truely they are just SOPITALISTS like anybody else.

If builders bought them with their money they will do what BUILDERs want.

Perhaps they do not want to see the painfull picture of 1000 of builders going bankrupt, like it was in 2000-2002

Good Trading
But is seems to me that Foreigners finally losing their purchasing power and losing their homes in FRANCE and UK will finally prove to be subprime of ISRAEL as they will be selling the LUXURY apartments via phone, due to the AIRline tickets being unaffordable in next few monhts , years(:-

Good Trading

sharon said...

Dear Boris

You made me laugh with your last sentence :-)

Sharon

sharon said...

Dear all

Germany industrial production in May is down by 2.4 % -no wonder, american manafacturers become the new Chinese with weak dollar.

interesting fact is that if OIL costs remain, increasing gross & operational costs by 15-20% most the world exporter will be out of business, this will be the time Chaina will collpase and US will recover by local demands.

USA is getting a painfull diet, its dollar become the world's joke spreaded by an unfunny comidian (Bush). but in the end of this diet, it might be bright and pretty again.

Sharon

boris said...

Dear Sharon,
I hope all this loss of manufacturing power of EUROPE, once it becomes known does not make some EURONUT to go after TRISHCE and his MACHOE FRIENDS who help more the speculators in EURO than EUROPEAN people themselves.

Some measure DEAR MACHO, there is no way $1.60 for EURO is good for a long time...

Good Trading