Friday, October 17, 2008

Attraction Points

Coming Up


910 902 889 873 $spx
944 952 965 981

31.08 30.73 30.16 29.46 qqqq
32.56 32.91 33.48 34.18


907.6 898.5 883.6 865.1 es
946.2 955.4 970.2 988.6


100.34 100.10 99.60 99.04 jpy
101.52 101.80 102.25 102.82

PLEASE WATCH USO, we are coming from 50% all time record retrace and FALAP/ANNUAL ( ARE YOU WATCHING BIGPICTURE OFTEN ENOUGH?) It could explode, this could be a bear market explostion of epic proportions

13:39 ET, When I wrote above sentence, USO was down 1% now it is up 3% and Some Energy Stocks like PVR/BGR/BTE etc are up in double digits 10-15% . UNBELIEVABLE

15 comments:

אנטי-סופיטליסט said...

Boris, are you meaning oil or stock market. thanks, waldo

boris said...

Dear Waldo,
Yes,

And this should have been noticable for last couple days.

Oil stocks are itching to rally

Good Trading

אנטי-סופיטליסט said...

Then you mean both oil and stock market. waldo

אנטי-סופיטליסט said...

Boris, I have the same question as Waldo. Also, I take it that it is still a good time to keep buying DVY. For long term of course. Thanks for all you do.Remember, sometimes you have to set boundaries. get some rest! Chronictown!

boris said...

Dear Waldo,
Sort of,
But OIL stocks are never the best leaders, so, I would take the general rally as suspect at the end. But OIL so oversold.
Nowere to go. BGR YIELD is 12%
UN BELIEVABLE

GOod Trading

boris said...

Dear Chronictown,
Within the 36% we are now invested, YES.

Please add energy names as before EPD, KMP , BGR Some Utilities FPL, EXC, EIX etc
SOME GIM, FAX, DEM , DNL


Good Trading

lagscrew said...

Boris

got out of twm yesterday at a good loss but bought DIG (oil-Gas) this am at 29--up 8% now also have ung and a pinch of gold

boris said...

Dear Lag,
Thanks
Good Trading

lagscrew said...

sold dig 33.9 vs 29 --dam computer went out and had to bring it back up in the middle of things

אנטי-סופיטליסט said...

Dear Boris,

I hope you will get enough time off, but I sent you a mail which I hope that you want find is to long.

It looks like a nice call on the USO too.
I have not seen any subscription that made those calls in July and October.

Thank you,
Howard

boris said...

Dear Howard,
Thanks you.
I am beat. I need a vacation (:_

I answered you and I do not like my own answer, if you can believe it.

FOrgive me my Dear Friend.
I will think of something better

אנטי-סופיטליסט said...

Dear Boris,

Thank you very much for the response.

Here is some similarities from 1987 (don't know who has mad it):
http://thresholdtrading.com/ubb/qqqdd.gif

It sounds like you need a rest after 24/7 work and some time with your family.

Have a nice weekend.

Howard

Vin said...

Hi, Boris.

That was an incredibly timely oil call. I was paying too much attention to the SPX at the time, but a lesson was learned for the future. :)

The oil services ETF (OIH) underperformed initially, outperformed during the spike, and then went back into hiding. It looks like a good sector for me to keep in mind if the broader market decides to move upward for a period.

Thanks for the pointer, Boris. Have a great weekend!

~vin

boris said...

Dear Vin,
Thanks again,
It is all learning.
IT is all about having several EYES, not just two(:-

In time, we all learn

Good Trading

boris said...

Dear Howard,
THanks a lot MY Dear Friend

Good Trading