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