Monday, September 29, 2008

attraction points(Apoints)


1179 1176 1171 1165 spx 1191 1194 1198 1204

10:01 ET, ES hit the fifth ILAP already!!!

Those accumulating, keep accumulating the DVY, VNQ, BGR, DEM, DLN,KMP, BTE, EPD,etc.

10:35 ET, Dear Reader, You see the SOPITALISM in the swing. Can you imagine how much money the people behind the curtains are making?(:- by creating all this volvaitility and violence in the markets? Hallelujah!
13:44 ET, And now we broak to the fourth ILAP at 1145, Fifth FILAP is at 1125
13:50 ET, So far bounced from there. and back to 4th
13:52 Et, This would have cleaned up a lot of emotional shorts. I grabbed some more VNQ and DVY
13:54 ET, divergencies are created all over the places. JPY, SWISSY.
14:02 ET, Subscribers need to remember that this is multi week bottoming process where different thigs bottom different places. We set for accumulators 21 or so trading days that covers mid Sept to Mid Oct. And we just need to keep accumulating the YIELD. We could get a bit more aggressive when SISTER of the beast says so.
14:16 ET, CASH IS THE KING, Dear Readers and SUBSCRIBERs. GOT CASH? KEEP BUYING. We kept our subscribers mostly in cash and now there is a payday with purchases at discount
14:53 ET, I hope we have all noticed well , that the bottom so fare on ESUZ ( SPX futures) has been the fifth volatile set ILAP and 4th DLAP around exactly 1125! Incredible APS
===================== Bailout Bails out ======
Nancy Pelosi said during the debate.
They claim to be free market advocates when it's really an anything-goes mentality: No regulation, no supervision, no discipline. And if you fail, you will have a golden parachute and the taxpayer will bail you out. Those days are over. The party is over," Pelosi said.
"Democrats believe in a free market," she said. "But in this case, in its unbridled form, as encouraged, supported, by the Republicans — some in the Republican Party, not all — it has created not jobs, not capital. It has created chaos."
This woman has the balls after all ha? Do not you think the Democrats stink, but the Republicans Poisoned the nation, especially with the president like Dear Bush?
15:25 ET, Well, speaking of our own PARTY, I hope that it will be joined by SISTER next day or two and then we can start our own.

47 comments:

Blaine said...

Good morning Boris,
If we don't crash here, your bottom call is looking good. VIX above 39. Way too high to start shorting. Also, NYA is leading us lower today. Not good.

The Fed is about to blow up. They keep pouring money on global markets and nothing happens. When does their balance sheet break?

Blaine

Blaine said...

Europe is getting torn apart... Ireland down 11%.

boris said...

Dear Blaine,
Just watch YEN.
Take a good/deep breath and watch YEN, it should turn up(quote) down in price soon.

Good Trading

Blaine said...

So far, 39.99 is the high and it turned lower...

Blaine said...

...on the VIX. Watching yen too.

אנטי-סופיטליסט said...

Hello Dear Boris.....

I'm still waiting for Bezek to hook up my hotline :-) So in the meantime, I only have my navel to guide me...

USDJPY to go under 100 :-)

xerxes

boris said...

Dear Xerxes,
Eventually.

Not next month or so, I do not think so

Good Trading

אנטי-סופיטליסט said...

Well gang, which way are they going to take this market. Looks like they are just waiting for the vote. waldo

boris said...

Dear Waldo,
Regardless, whee they want to take it, we know that we are very close to turn point here and lower the market goes meantime, better values we should accumulate.

Good Trading

Blaine said...

Boris,

I sent you an email.

Thanks,
Blaine

lagscrew said...

sold sdp and ung--net a few bucks between the two--keeping gld and slv

Hopper said...

Hi Boris,
either that was the worst of it or we are retesting previous lows...

boris said...

Got it Dear Hopper,
Thanks.
Good Trading

boris said...

Dear Lag, thanks
Good Trading

John said...

Boris,

Good evening

old john

John said...

Boris,

Good evening

old john

Hopper said...

here we go...?

Blaine said...

I told you all hell was going to break loose. Adios USA!!!!!!!!!!!!!!!!!!!!!!!!!!

Signing off,
Blaine

John said...

Boris,

DVY - did ok

old john

boris said...

Dear John,
Good Evening.

Good Trading

sharon said...

grabbed some DVY for 52.84

good trading dear friends

boris said...

Dear Sharon
ENJOY

GOod Trading

sharon said...

Bailout regected, good or bad for the green buck?

sharon said...

Bailout rejected, good or bad for the green buck?

lagscrew said...

bought some twm a few min ago 75.72

boris said...

Dear Sharon,
It does not matter,
Dollar is , hopefully, going to do what it has to do.
You what our forecast is.
If it changes will say it.

Good Trading

Sqroot said...

Re: Pelosi
What kind of a stupid leader goes out and insults the people she needs to pass this bill. So, what happened, the Republicans she was counting on walked away after hearing her little tirade . BTW, 95 Democrats voted against it too. What kind of leader can't get their own party to vote with them?
Disgraceful.

boris said...

Dear SQROOT,
Apparently, she had the revelation from god that enough is enough.

Those moments happen to all of us.
Pehaps she realised this bill did not deserve to be passed.

Especially the entire FRIKIN nation was against it.

Maybe she woke up and saw SOPITALISM and did not like it any more!

Hallelujah.

It is the darkest before Dawn.

Maybe America is undergoing the change it needed to have long time?

I do not know, but , I will take any ray of sun shine at this point

Good Trading

Sqroot said...

You think the Reps created this problem... think again.
NY Times - 1999
"Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits."
http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260&sec=&spon=&pagewanted=1

boris said...

Dear Sqroot,
I never said Republicans created the problem.

But republicans found the problem and confounded to the 10th degree.
Dishonesty was the rule under Dear BUSH.

I love texas, have spent there couple years.

I hope we do not rase arrogant ones like him and his VP any more in our beloved TEXAS

Good Trading

אנטי-סופיטליסט said...
This comment has been removed by the author.
אנטי-סופיטליסט said...

Boris,
I echo xerxes's comment about JPY. It is forming a down slanting head shoulder top on daily chart. It does look like that it could break down to 100 at least. And, DOW is falling 700 points to support this notion.

Regards

Bob

boris said...

Deaer Readers,
I did not say N. Pelosi was a St. Marry.

No, but all sopitalists, being human, have this little girl/boy still living in them even as they sold their soul as they grew up in USA corrup politics.

So, all I said that she must have had full or partial revelation in which she could have as well blamed herself and others about the problems.

But she said it and that is important, does not matter what drug she was on...

She said what nation thinks now!

That is all that matters.

boris said...

Dear Bob,
If patterns work like they need to the JPY more higher should stop dead in its tracks next couple days. If it did not I will join you in that thinking

Good Trading

JW said...

Dear Boris,

The following Investors Business Daily discusses how reform bills will continually blocked from passing. Might be of interest to readers.

I have been accumulating as suggested, are we still holding to the gold mini bear? thanks J



http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080926

boris said...

Dear Jw,
Yes,
If Gold, is still in mini bear market.

Only new highs soon will convince me otherwise, at this stage. Later conditions could be different

Good Trading

JW said...

Also, the hit to XLF appears much less severe than the overall market, so far.....

lagscrew said...

sold twm 77.48vs 75.72

אנטי-סופיטליסט said...

Was this capulation today. What a blood bath. waldo.

boris said...

Dear Waldo,
If SISTER tells us tomorrow it was, then it was.

I think that, at least, till 31 st we will not get out of this bottom area.

Good Trading

Hopper said...

Hi Boris,
just like you said it would ;-)

jill said...

Can someone define "SISTER". Iam trying to learn all the terminology here.

TIA

boris said...

Dear Jill,
SIster is a code word that only subscribers understand.

Lot of things are free here, but some can not be. Then nobody will subscribe(:-

Good Trading

Vishal said...

"I think that, at least, till 31 st we will not get out of this bottom area."

Boris, Do u mean October 31st ?? September only has 30 days :)

boris said...

Dear VIshal,
You are so correct,
My apologies. I forgot to count on my fingers.

Yes it is the end of Sept and means tomorrow.

THanks Dear Vishal
If not counting at least should have looked a calendar every computer has free!

tim9lives said...

I am a little confused,,,I thought that the bill in which Republicans are complaining about is a Republican Bill.
This is the Presidents Bill,,,he wants it passed,,,the Democrats are not the creator of the Bill in which Republicans voted against.
Since when is it wrong for the opposing party to speak out against the opposition,,The Democrats were crossing the fence and supporting the Rebublican sponsored bill...
Tim

boris said...

Dear Tim,
Thanks for you thoughts

I think Dear SQROOT understands the basics of where I come from. I never justified the DEMOCRATES over REPUBLICANS. He and all know , this is ANTI-SOPITALIST for gods sake. When was the last time we gave any politician high marks?

(:-

Good Trading