Friday, August 15, 2008

Attraction Points(Apoints),ASIA & EUROPE




NOTE: Running very late on my calculations, due to the power outage ovenight. Try to get all important info I can, at least on major indices and currencies.

Appreciate you patience.


Daily UPdates have been emailed, My apologies for late delivery Placing it on protected site as well.

11 comments:

curaki said...

Hi Boris,
dollar's advance looks too quick and we have two weeks left till September. How to interpret that fact? With this pace we could see 1.40 in EUR. Perhaps some significant (Fibo) levels could be broken, but not much, only to make confusion before the change of this trend?
In September, is it better to convert dollars to euro or CHF?
Thanks, Ivan

Tina1000 said...

Hi Boris,
I have to admit that I have not followed discussion around gold. How soon, in your opinion, we can expect a turnaround?
Sold my shorts yesterday with profit and now flat.
Thank You as always and good trading to all!
Tina

boris said...

Dear Tina,

If was smart(:-

My Dearest, I can only know what the projections SEEFURTURE and GOLDPROJECTIONS tell us.

We all have those compies.
I wish I followed them fully myself( I did though), I would be TRILLIONER in just SILVER shorts.

Well, the second rule of trading ...

Yes, let us forget what could have been.

I see more of a timing issue at this point than pricing, but I will send some of those around. I think today could be a rebound day as the FRIKIN thing is so oversold.

Please do not consider any of this as a recomendation.

I will take a deeper look, but I think we have time into SEPT. This GOLD is not going to be done before then, I think.

Good Trading

boris said...

Dear Ivan,
IN Sept, perhaps even OCTOBER,
Stay tuned my friend.

Let us hope that for all of us sake. I can navigate this ship where it needs to go.

It has been hard even though nobody predicted what we did.

I surely hope I have strength and luck left for all of this.

Thanks Dear Ivan.
Good Trading

John said...

Boris,

Good morning, All the kids caught fish. Go Cubs

old john

John said...

I see that the XLU stayed below 37 all day yesterday after the open. I take it that 36 is still the line in the sand.

old john

boris said...

Dear John,
GOod Morning
Welcome back.
Is that what we said then,
Then that is it.

I am trying to get my head above the water today. I am not able to(:-

Good Trading

John said...

Boris,

I understand your hectic schedule.

old john

אנטי-סופיטליסט said...

Good morning Boris and all, I have access to another service that follows what the institutions are doing and he is saying that he is seeing massive selling by them so I understand when you say no buy pressure. This could be a major short squeeze and sucking in the small trader and investor to make them think the next bull market is leaving the station without them. Waldo

אנטי-סופיטליסט said...

option experation week also. waldo

boris said...

Dear Waldo,
We welcome all other opinions about the market. We have our own unique measure about the buy/sell events in the market and YES, we do not see much of buy pressure anywhere, that is just a fact.

Now, not always this resolves into downturns, unfortunately, but eventually it does. Because market needs fuel to drive on( buy pressure) and if it does not exist...

You know, even my most beloved wife knows to go buying when there is a sale and there has not been any in last 3 weeks or so, after we called a bottom in July 15-16.

Good Trading