Tuesday, November 04, 2008

Attraction Points(Apoints) COMING UP

Psite contains message of todays market shape for Subscribers. Good Trading

979 976 972 966 $spx
990 991 994 999 1005


975.56 971.56 965.06 957.00 es
992.44 996.44 1002.92 1011.00

32.82 32.64 32.35 31.99 qqqq
33.58 33.76 34.05 34.42

99.006 98.786 98.428 97.985 jpy
99.934 100.154 100.511 100.955


736.69 731.84 723.96 714.19 xau
752.31 757.16 765.02 774.81

11:30 ET, It looks like our prediction of YEN crashet turning into crash maybe coming true anyway. If those BSers in Japan did not wait until OCTOBER, the entire crash of the market could have been avoided. Remember my article About Japanese Central Bank needing o speak not USA or EUROPEAN. Well as soon as those spoke the YEN turned and So did the market. Do you think they were waiting for my ORDERS? you bet.

DOES ANOBOYD REMEMBER THESE COMMENTS?
boris said...Dear Readers,I have been wrong before ( in short term JPY trading crashet), but the 10 point correction in last 5 days can certain be qualified as a mini "chrashet" and it coincided with the rising market. So, you may say I was vindicated after a big runup in JPY, which I expected only after the "crashet". Now, the question is? Are we in the crashet that will turn into crash in next 2-3 days? which may be able to carry this market even higher.To that I would say, that the probability exists for that. Definitely. It could take one of the two shapes. Some more strength in YEN and then 5-7 days of decline or no strength(almost) in YEN and decline within next 3-5 days ( of another 5-10 points).I am not entirely sure about which of these ( if at all) will play out, but I see the parts of what I was predicting all along in place.So, we shall see.Good Trading10/31/2008 1:46 PM

BY LOOKING AT THE CHARTS YOU SHOULD KNOW EXACTLY WHICH SCENARIOS IS IN PLAY

28 comments:

John said...

Boris,

thanx

old john

boris said...

Dear JOhn,
GOod Morning to you
Good Trading

אנטי-סופיטליסט said...

Dear Boris, I don't see the market shape comments. Daveo

Vishal said...

Daveo

The date is wrong on Psite, it should read 09:22 ET 11/04/2008 not "09:22 ET 11/03/2008"

I was confused initially too.

cheers

daveo said...

Vishal, thanks, Daveo

boris said...

Dear Dave,
Deav Vishal,
Thanks both. I cannot day dates right. GUILTY as charged(:-
GOod Trading

Vin said...

Hi, Boris.

Nicely called with the Yen. :D The sharp movement in the last 15 minutes is causing me to rethink the strength of this rally as we consolidate near the fourth IHAP. It's going to be an interesting day.

Thanks.

boris said...

Dear Vin,
Exactly the YEN is adding YEN to this rally and I think this strength maybe borrowing a bit from the later part of the day, but does not matter the YEN is a driver.

Good Trading

John said...

Boris,

I remember all of the statements. If I was a currency trader I would have traded it.
Just coffee money today.
Waiting for those dates for a little more than coffee money.

old john

boris said...

Dear John,
Yes, You could trade YEN, but you are ok with watchgin YEN and trading other things off of it.

Good Trading

John said...

Boris,

Just the indexes are enough for me. Watching yen screen and stock screen are enough-" A mans got to know his limitations".
Waiting for those turn dates to add to dvy.sdy

old john

lagscrew said...

Hi Boris

bought a fairly big position in TWM this am at 91.3

boris said...

Dear Lag,
ENJOY

Good Trading

אנטי-סופיטליסט said...

Hi all, we have an inverted head and shoulders on about every indices out there including foreign markets and in a bear market the inverse never plays out for a sustainable rally, we get dead cat bounces and then continue down. Just a little food for thought. waldo.

lagscrew said...

Here is a place for some free realtime on the currency---look at the USD/JPY Boris is talking about. should put a hault to the run-up

http://www.netdania.com/Products/ChartStation/ChartStation.aspx

boris said...

Dear Waldo,
Thanks.

We are surely going to get a retest.

Good Trading

Vin said...

lagscrew, do you mean the pullback that start at 12:28?

lagscrew said...

yes

Tooltime said...

Dear Boris,

When you say retest, can you be more specific? Do you mean SPX YTD lows?

Thanks for all your efforts.

Kevin

boris said...

Dear Tooltime,
welcome to our shores.

What we mean by retest is the price decline that will ideally test either of the FIBO 50/62% retracements and/or more, with actual possibility(low probability) of new lows!

Good Trading

Tooltime said...

Dear Boris,

Thanks for the clarification.

You guys/girls have been great.

Kevin

lagscrew said...

buy dug 34.27

אנטי-סופיטליסט said...

Boris, look at OZ $. End of commodities mini run. Dimitry

Aboot-Bull said...

Dear Boris,

Whats going on with USD ?
Is that it he's done ???

thanks,
A-B

Vin said...

Boris, the shape was perfect! But never fear about being too perfect, the timing was shifted by some negligible factor. ;-)

Thanks. :)

boris said...

Dear Dimirty back
Dollar Bashing

Good Trading My Dear Friend.

boris said...

Dear Vin,
Thanks and ENJOY My Dear Friend

Good Trading

boris said...

Dear A-B,
Dollar is Done for a while,
But according to our forecast the BUCK will wake up again towards the end of the year and April 2009

Good Trading