Thursday, October 30, 2008




Dear Readers, please look at the outline of today's market before it was even open( post below) and tell me how well did we predict this BS market?

If you like to trade like this(at the continuum of price and time), with APoints and Timing, just apply to http://www.paypal.com with my id bchikvash@aol.com and give them $250/quarter for Tailored Service. Thanks

15 comments:

John said...

Boris,

Correct as usual. I did not go hunting, actually made some coffee change.

thanx

old john

Vin said...

Thanks for the advisory about the Yen and market expectations.

My software's data feed glitched in the afternoon, but it looks like today, like yesterday, was a mostly neutral day for buy/sell pressure.

Tomorrow should be interesting. Oct. 31 is the last day of the fiscal year for mutual funds. Annual window dressing is in order, and with the horrible performance of the last two months, some unexpected market behavior might arise.

אנטי-סופיטליסט said...

Vin,

I am just an amateur but the way I understand it, mutual funds have to make their moves by end of Tuesday as they need to have the trades settled by the end of Friday (3 days to settlement).

I suspect that the rally on Tuesday may have partly been those funds buying positions in stocks they want their clients to see in the portfolio and the selling may have already occurred in the last couple of weeks. So I don't think the funds will have any unusual effect tomorrow.

Maybe Boris or someone else has a good feel for this.

Good Trading,
Ralph

Vin said...

T+3 is a good point, Ralph.

I was thinking more along the lines of closing prices for end of the year performance in the printed summaries that are distributed to fund holders.

That argument is probably moot these days with ubiquitous access to fund data.

John said...

Vin..

Just an old man's opinion , with nothing technical behind it but THEY ran it up because THEY had a reason to. THEY will sell it off when THEY wish to. But do not worry. Boris is always one step ahead of THEM with his variety of tools.

old john

Vin said...

John,

No doubt here. :)

The election Tues. ought to keep things extra interesting this time.

Have a good evening, all.

John said...

Boris,

Good morning. As for SDS ,SSO and the like. I have used them in the past for day trading only. And then only in very small lots. There is a lot of slippage because of their use of options to achieve their stated purpose. Anything over a week and there seems to be a lot of slippage. Also, much more volatile when trying to get a fill . I would day trade them but to keep something a few days, a little too much slippage. Just my opinion

old john-

John said...

Boris,

Your graph , if it replays Aug, would fit perfectly with the next date mentioned. A little correction now, a little rally and then down to a Fib number ( if not lower to that AP).

Thanx

Vishal said...

Dear Boris, Any change in MDSNaz for today ?

cheers

boris said...

Dear John,
Good, Excellent words
Love you My Dearest Friend

Good Trading

boris said...

Dear Vishal,
All,

The Pstie contains the changes to MDS

Please look it up.

Thanks My Dear Friend Vishal

Aboot-Bull said...

Dear Boris,

Can you through somthing on Isarel's long rates goverment bonds...??? (if you need prices i can supply some....)
They took a huge hit last few days.

Thanks,
A-B

boris said...

Dear A-B
If you have a text, ASCII file
I can taek a look at it.
Give you some long term forecast.
Nothing short term though.

Please use my email bchikvash@aol.com
Good Trading Dear A-B

Aboot-Bull said...

Dear Boris,
Excel is good ?
you need prices or yields?

Thanks,
A-B

boris said...

Dear A-B,
No problem,
The answer will be in whatever you give me. YIELD talks to me better(:- Though.

EXECL is fine

And I need at least couple years to produce the ANNUAL info.

GOod Trading