Tuesday, October 28, 2008

Attraction Points(Apoints) COMING UP

Dear Subscriber
in 10 minutes or so, please see the possible market timing outline at psite.


858.59
852.59
842.83
830.75
es
883.91
889.91
899.63
911.75


94.934
94.694
94.303
93.820
jpy
95.946
96.186
96.575
97.060


855
848
838
825
$spx
882
888
898
911

29.15
28.93
28.57
28.13
QQQQ
30.07
30.29
30.65
31.10

So, far the market has lost momentum as suggested a bit later, but still within time error limits

10:09 ET, My apologies, at the "wrong moment" one my tasks locked up the system and made it hard for me to get the intra numbers

41 comments:

John said...

Boris,

thanx

old john

Vin said...

Thanks, Boris.

אנטי-סופיטליסט said...

Dear Boris,

GS and MS are dropping like rocks. Can the broad market go up very far with those going down?

Thanks,
Ralph

boris said...

Dear John,Vin, Ralph

Thanks
Good Trading

John said...

Boris,

Black Swan will strike at anytime.:)

old john

אנטי-סופיטליסט said...

Good morning Boris and all, The market always sells off between the 10 and 10;30 time frame if up big. That is when the morning rush hour takes there profits. Seems like it always looks that way. Waldo.

lagscrew said...

out of shorts and into DIG

come on --Lift off

boris said...

Dear Waldo,
Thanks a lot for your observations

Good Trading

boris said...

Dear Lag,
Welcome back

lagscrew said...

Hi Boris

My STUFF shows we hit lows where we did the 24th--extreme

expecting some temp strength also

אנטי-סופיטליסט said...

Boris, are we suppose to stay 40% invested at this time. Thanks for any comment. waldo

boris said...

Dear Waldo,
Yes, our asset allocation model calls for our stocks allocation to be 40%

We would like to get to 50% though

GOod Tradng

John said...

Boris,

Unless I am missing something, this will do nothing for the pressure chart.

old john

אנטי-סופיטליסט said...

today is a runup in anticaption of the fed cutting 50 basis points tomorrow. very low volume pullback so far. waldo.

jimww said...

Dear John which way is your guess on the black swan ? Jim

John said...

Jimww,

I really have no idea. Rally was nice but I want to see how it affects the pressure charts. I religiously follow them. For my sake, I would like a few more down days as I am a little under the 40% invested. One or two more buys would do it.

old john

jimww said...

DearJohn You are religeous? HaHaHa Jim

John said...

Jim,

Religious ?- NO
Do I believe in a supreme being-Yes

old john

אנטי-סופיטליסט said...

John, I have been trading sso and doing alright but am thinking of holding what I have since I have a good average now. I to am about 30% as of today. waldo

John said...

Waldo

I have been collecting DVY and SDY on the pullbacks. They do not move fast but pay a decent dividend in case the world comes to an end.

old john

boris said...

Dear Readers
JPY HIT 62 FIBO and everything got quiet after that. Are we going for another run on 96.85?

Good Trading

אנטי-סופיטליסט said...

John, if the world should cease to exist I don't think you will need any dividends. I watch the $trin for market movements, if it is below one they are quietly buying and above one they are selling. Real good intraday indicator. waldo.

boris said...

Dear Waldo,
Majority of Stock Market gains over 100 year history came from dividends. That is why you need divident, because if you are in 1929-1954 period and you are not a good trader you have ZERO CAPITAL GAINS!

Japanse the same 1989-2008 90% loss and no dividend! where do you go?

I do not know.

Of course if are a good trader, but I have to find one yet.
That include myself

Good Trading

boris said...

Watch JPY, could it go to 4rt 78.63!!!

Hallelujah!

Good Trading

Vishal said...

Dear Boris what is "4rt" ?

boris said...

I mean 4th Daily

See your table

Good trading Dear Vishal

John said...

Waldo,

I use SDY and DVY because I guess I more conservative for those longer term plays. Much less draw down and easier on My nerves. I still day trade, usually the Qs as today.

Qs were great today Boris- thanx

old john

boris said...

Dear Readers. The time window is narrowing on us.

Tighten your stops and your attention to short term trades here.
Unless JPY starts accelerating up,
it may head down soon.

7 point USD/JPY and 5 points CHF/JPY.

INCREDIBLE!

Good Trading

אנטי-סופיטליסט said...

HA HA, I only made the statement as a joke. waldo.

Vin said...

Boris,

Will your opinion change if the Yen starts flirting with the 4th daily? Or is that such an outlying event that one should continue to tighten stops, anyway?

Thanks.

boris said...

Dear Waldo,

Nice Joke(:-

Good Trading

boris said...

Dear VIN,
THe fourth is a rare event, but the way Currncies play these days, It would not surprise me...

Stops need to be reasonable tight tight regardless.

I presume this is a short term trade

GOod Trading

Vin said...

Thanks, Boris. Crazy days. Mental stop will stay relatively tight.

Vin said...

Yikes, my silliness Boris. I was thinking of the 2nd daily for the yen...

Vishal said...

Dear Boris,

Are we still looking for EOD as on Psite, or has that changed ?

boris said...

Dear Vishal,
Yes, I have no good reason to belive there is too much left here, but I could always be wrong.

I keep saying that and this freakin market just does not want to prove me right ( wrong I mean(:- )

GOod Trading

אנטי-סופיטליסט said...

Thank you Boris, I am out with a very nice profit and hopefully get a better entry than I had. waldo.

אנטי-סופיטליסט said...

Boris, again what accuracy you call. waldo.

boris said...

Ok, Dear Vishal,

YOu see Mr. Market has finally decided to promve me slightly wrong.

I did not think much upside was left, but apparently thee is
GOod Trading

boris said...

Dear Waldo,
ENJOY
GOod Trading

lagscrew said...

sold Dig---that was a quick 20%