Thursday, September 04, 2008

Attraction Points(Apoints) COMING UP

By the way somewhere along the way , we also said to short this market. Even when some MDS were in disagreement with the master(:-


1263 1262 1259 1256 spx 1270 1271 1274 1277

12:01 ET, This is very somber at this point, but YBR painted this picture for anybody who payed 100 bucks for it ,100 YEARS AHEAD( come to think of it I was not even born then and I am not really YOUNG). No more. YBR is getting much more expensive

12:54 ET, you might say I was a couple days early on the EURO gaining on JPY, but it is coming.

34 comments:

John said...

Boris

DJU just broke through 460

old john

John said...

Just hanging at the 460 level

old john

chronictown said...

"all in" SDS since spx 1300 or so. We are in a bear market. IMHO! good trading everyone.

boris said...

Dear John,
THanks,

THey are getting a lot milage out of a relatively small YEN move.

Well, That is the way it is.

Good Trading

boris said...

Dear Chronictown.
Thanks
Good Trading

jimww said...

Dear all the S&P500 filled first gap 1248 , second gap 1234 just a reminder for the comeing days. Jim

boris said...

Dear Jim,
Thanks
Good Trading

lagscrew said...

Richard Bernstein: “Valuation at Historical Extreme -- Simply put, our valuation models that incorporate inflation are currently suggesting that equity valuations are at historical extremes. In fact, the current combination of a 5.6% headline CPI inflation rate and a 25x PE multiple on the S&P 500 has NEVER before occurred in the history of our data (44 years!). The cover chart shows the results of our “PE vs. Inflation” Model, which is based on combinations of the year-to-year percent change in the headline Consumer Price Index and the S&P 500’s 12-month trailing PE. Data begin in 1964 and are monthly. The current combination of 5.6% inflation and 25x PE stands out rather starkly, and is roughly grouped with infamous market peaks of August 1987 and March 2000. There has never been a bull market that began with anything close to this combination of inflation and valuation.”"

boris said...

Dear Lag,
Can you imagine what the gentlmen will be saying with the real INFLIETION(:-

This on is in the vocabulary ( just search it in the search box on this site)

Good Trading

אנטי-סופיטליסט said...

Hi all,

The declining volume is now 88% and 83% is declining volume on NYSE
(I have just compared declining and advancing and skipped unchanged. This is probably not how they usually do this?)

http://bigcharts.marketwatch.com/markets/

Howard

אנטי-סופיטליסט said...

Sorry,

I ment:

Declining stocks is 88% of ricing and declining stocks.
83% is declining volume on NYSE

http://bigcharts.marketwatch.com/markets/

Howard

JW said...

Dear Boris,

I am just observing the 5 minute chart. Have oil and the $Yen now switched ? It appears they are trading in exactly the same patterns now versus opposite.

Jay

boris said...

Dear Jw,
Patterns vary, Yes your observations are correct, but one needs to be very careful as the YEN will realate most to the places where YEN was used as a carry-trade tool.

Of, course, there was very much of it in the energy field as people loaded up on ENERGY with cheap YEN borrowing.


But carry-trade affected/permieted everythning and that is just the fact of life.

On different days differnt tools will be unloaded to pay the YEN back.

Good Trading

boris said...

Dear Howard,
thanks for the info.

Good Trading

Blaine said...

The KGB and CIA have other plans now that 1260 is gone. I was hoping they had beneficent plans to keep the fake economy going higher. But alas, they want to take the whole thing down. Fine by me. Just make sure you have 2-weeks of food and water stored somewhere. The LAPD has been training for food riots... Really.

lagscrew said...

sold 1/3 twm

John said...

Blaine..

It is called TARA training. Fed funded training for all big cities.

old john

lagscrew said...

sold 1/3 skf

boris said...

Dear John,
Dear Blaine,
We Americans thought these things
happen only somewhere else, but we are ready for it. Ha(:-

That shows you, somebody does not only know, but is ready.

Amazing!

Good Trading

John said...

Boris,

Been out of the loop for about 17 months but I still hear things.

I sent you an email

thanx

old john

אנטי-סופיטליסט said...

Boris,

USD/JPY seems to be falling from rounding top fast. I guest it would have to fall first with stock before it goes up big as you said. Any thought?

Thanks

James

Blaine said...

Thanks, John. My friend is a helicopter pilot for a SoCal county Sheriff's dept. He has me frightened that something big is going down soon...

John said...

Blaine,

I am retired. I do believe that civil unrest, riots, etc. are cyclical just as the markets. Always has been: we live in very interesting times. I consider myself fortunate as I saved some money, never put everything in one basket ( some of my cohorts thought they would retire from the gains on their huge and outlandish homes- did not work that way). And finally, I came across this board which keeps in spending money. I trade very small batches, ball game money and it keeps one mentally active.
Stick with Boris and everything will be fine.

old john

אנטי-סופיטליסט said...

I heard that a lot of commodity hedge funds are liquidating there positions and it will take a long time to do this, so anyone that thinks markets will rally with commodities falling off a cliff don't understand what is going on right now. waldo. and I am so pissed at myself right now for selling my puts to soon. I let them scare me out of them a few days ago.

lagscrew said...

looks like the pattern I talked about yesterday is done

Take that Dark Side

John said...

Boris,

Thanx

To all- have a good night


old john

lagscrew said...

sold another 1/3 skf 119 and 1/3 of srs 86.44

Hopper said...

anyone expecting a bounce tomorrow?

lagscrew said...

I think a good chance but We should stay under the obvious 1260's---hoping this is the big 3 down.
sometimes have a little follow thru down in the early going tomorrow

boris said...

Dear All,
Good Night
Good Trading

אנטי-סופיטליסט said...

Blaine,

If you get a chance , Google-- CBS new Iraq safer than Chicago____

old john

Blaine said...

John,
Very interesting. The media is out to make things seem wildly different. In fact, the coverage of the Republican convention was mostly biased. Every news anchor on the networks, and especially MSNBC and CNN, had nothing but criticism for all the speakers. Didn't see that when Obama spoke. F-ing media. How dumb do they think we are? I don't know what exactly is going on in Iraq, and maybe we didn't go there for the "right" reasons, but the facts are that we are getting the job done and we are trying to get out and make it a better place. It is safer than Chicago. Good point, dear John.

Respectfully,
Blaine

Hopper said...

I liked this from Greenie's blog:

'The hedge funds that survived till now are much more competent. They know the economic cycles and trading concepts better than any of us here. In language of chess, the battle has moved to between the grandmasters. The market has to do unusual things to surprise even the grandmasters, and that is what it is doing.'

boris said...

Dear Hopper,
Well said, by GREENIE,
Market has not surprised this GROSSMONSTER either(:-

Did I spell this correctly!

I have not played chess since I started trading, so one forgets.

Hack I hardly have to play my favorite instrument GUITAR, since I started trading.

I became a neandertal, since I started trading. Did I spell that correctly?

Good Trading