Friday, September 05, 2008

attraction points(Apoints)




1219 1214 1206 1197 spx 1240 1245 1253 1263

10:01 ET, is DOW(N) 9999 in cards? . Look at the set of APS for SPX , they will roughly correspond to DOW under 10000 and trust me I have those numbers for DOW and the FALAP is under 10000!!! . While this is not a prediction. We have all seen that no bullish or bearish market can ever complete without the FALAP and FAHAP being reached. It is power beyond any belief what AP knowledge confers on the owner of AP (attraction point) info.
13:16 ET, Our subscribers have been informed that conditions require some caution. They were asked that if short to take half prforits( this morning) and trail the rest. You see we never let our emotions or thinking ( bullish/bearish) mode color our technical decisions. Technically, I learned long time ago, you need what you need to do regardless ( often totally regardless) from what your thinking about market is. We know we can be very wrong about markets at some and all junctures.

39 comments:

John said...

Boris

9999 would certainly meet the definition of a washout.

old john

boris said...

Dear John,
It will happen.

The only question is this:

Is market willing to pay me now?
Is it willing to pay me later?

We shall find out
Good Trading

John said...

Boris,

I have all the confidence in the world it will happen - did ok on the shorts so far. Patiently waiting for the longs.

thanx

old john

jimww said...

Dear All Bradley date tuesday = astro turn date, www or weird walley wensday = next wensday maxiumm option pain for option traders this time max pain for call buyers portends reversel date.Any where from 1165 to 1230 you pick um , you totum, . I guess 1165 is some fib number for 5 year market bull. Jim

boris said...

Dear John,
Dear Jim
Thanks a lot
good trading

jimww said...

Dear Boris , Go into thy closet and be with thy creator for 30 minutes and meditate, be still, rest we will watch the market for you and we will still be hear I promiss ,not good to go so long with out rest. Jim

boris said...

Dear Jim,
I thank you .

Please keep the board alive,
While I try to keep myself alive(:-

Good Trading
Taking your advise, need to see the daylighe for 10 minutes or so

Good Trading

John said...

Boris,

Get some sleep , that is the reason I retired. The job was causing me sleeplessness, health problems. etc.

old john

John said...

Boris,

Cool chart- been watching it everyday since you mentioned it a few weeks ago.

old john

jimww said...

Dear all boris said to keep the board Alive while he rests , Ok some thing differant, I do not recommond stocks but here are two for the long haul LDK AND BTU .LDK chinese solar it is over bought but if you can get it around 35 that is ok,also btu again over bot but BTU coal is a real mover both ways ,45 is ok if she gets there. JIm

John said...

Jimwww,

thanx, I will put them on my radar.

old john

John said...

No one will want to be long over the weekend. At least, no one in his/her right mind

old john

boris said...

Dear John,
Dear Jim,
Splending job
keeping me and my board alive and readers entertained.

Thanks a lot brothers

GOod trading
From what I, just, saw , the world is still worth living!

John said...

Boris,

I learn something new everyday. As long as that continues, life is good.

old john

curaki said...

Hi Boris,
if this is the start of eurjpy recovery, how long would you hold long position?
Thanks, Ivan

boris said...

Dear John,
God Willing and picking up some nice yields on many staple USA companies, may just help prolong your ability to learn and earn and fish and watch the CUBS(er PIRATES(:- ) for another 120 years

I think you can do it.
You are made of the right material , so to speak

GOod Trading

boris said...

Dear Ivan, let us take 2 months and then we talk again, remind me PLEASE!

GOod Trading

curaki said...

Boris, did I understand well, you would hold the position at least 2 months? Ivan

John said...

Boris,

Cubs are my nemesis not the market . They are going to be tested and time will tell. The wife loves going to the games.

old john

boris said...

Dear Ivan,
Yes, let us talk in 2 weeks and then in 2 months, unless something goes wrong in between.

We can always talk you know(:-
Thanks Dear Ivan,

Yes, I think at least 2 months may be good, but we shall talk,

Good Trading

אנטי-סופיטליסט said...

Hi all, for what it's worth the q's broke long term support on the traditional pnf charts and now has a price tgt of 37. This goes clear back to 2003 uptrend line. waldo

JW said...

J

JW said...

Dear Boris,

During all this havoc, I have noticed XLF has failed to make new lows with the market over the last week. Overall it appears to be holding up much better than the indexes themselves.Any thoughts?

J

boris said...

Dear Waldo
Dear Jay,

Thanks a lot for observations
Both correct and informative

Good Trading My Dear Friends

Tina1000 said...

Boris, try to keep balance and have some rest, while you can. We are doing OK here :-).
Flat now, closed my short positions when Europe closed and looking for next week. Anyone familiar with solar stocks? This a investment question and it looks like they have relatively good upside potential at least IT timeframe.
Lag, special thanks for your updates, I´m always looking for them :-).
Cheers and relaxing weekend to all from Helsinki!
Tina

boris said...

Dear Tina,
Thank you very much.
Good That you are got some money out of the market.

That is the way to do it.
Solar stocks...
I did not follow them as a seperate group, but followed them as part of the alternate energy group, which I stopped doing lately.

I shall see if I can do some little report for you.

GOod Trading Dear Tina
Greetings to Helsinki!

sharon said...

Dear Boris

Good evening, I have been waiting for SLV in 11 for long time , now when it is 12 and moving down, will it be a good idea to add to core holdings?

Thanx, Sharon

sharon said...

-

Tina1000 said...

Thanks Boris, as you know I used to work for IT business and was very excited about all new innovations, but my personal opinion is that next decade innovations are environmental,
Tina

boris said...

Dear Tina,
Agree.

If you have a list of Solar stocks of your interest send them to me and I will give , as a minimum, the SHAKERS ranking for them.

If not so, let me put together the list of mine and then give you the SHAKERS ranking for them

Good Trading Tina, And I agree the next decade maybe the environmental decade

boris said...

Dear Sharon,
Agree, but as I always say there is not rule that says that it can not go lower.

So, do not overdo and do not all at once.

Dollar cost averaging is good idea as the stars are not aligned for an immediate shoot to the new highs in either gold or silver.

This is an excellent ( god given ) time to do accumulation.

For that you have my permission, in case, you needed one.

Thanks for asking though

GOod Trading Dear Sharon

sharon said...

thank you dear Boris :-)

John said...

Tina,,

Have you looked at ENER?
If you are looking for volatility - I have watched it for a while. It moves.

old john

אנטי-סופיטליסט said...

Dear Boris,
Took advantage of second dip this a.m. and sold 2 puts.
One for 300% and second for 200%
Holding on to third into next week.
A thousand thanks my friend. You have done an absolutely splendid
analysis in all markets these past few months.So many of us benefit
from your wisdom and generosity.I have been wanting to move away from some noisy neighbors and you have made that possible for me.
Thanks for sharing the YBR,the MDS
and your daily tactics,strategy and money management rules.

Have a great weekend and like others have expressed..please get some R & R.
Klaatu

boris said...

Dear Klaaty,
First and formost thanks.
Then take a credit. You could do it without me. I just give you reason, Ok I take credit for that(:-

And great, noisy surroundings never good. CONGRATS with your winning ways. ENJOY the weekend and admiration is mutual.

GOod Trading

boris said...

Dear John,

That is a good one.

Nice for you pull that one out of hat. I think these guys are more involved in ALTENERGTY than just SOLAR. Battery and Hydrogen, I think is also upto their exprtise. The guy , aged genious of slavic origin, pexxxofsky , or something like that has been working on these techs forever it seems and finally the efforts may bring the fruites for him and his many (old loser) investors

Good Trading

John said...

Boris,

thanx for the compliment, do not own it. I am mainly an index person but in some reading, the story intrigued me.

old john

Tina1000 said...

John, thank You so much, I´ll study that during the weekend. If I remember right, it is very promising company.
Tina

boris said...

Happy weekend everybody.
ENjoy your leasure
Good Trading