Friday, November 14, 2008

Attraction Points(Apoints) COMING UP

Dear Subscribers, Today's outlook looks iffy, but here is what I expect.
From the open I expect markets to grind higher into 11:30 ET +- 15 Minutes. Then I expect the counter trend decline into the 12:30 ET +30Minutes -15 minutes and then a rally into 14:45 +- 15 minutes and then a let down into last hour. All in all we could have a positive day.
Good Trading and do not take all this above too seriously(:-


885 879 870 858 $spx 910 916 925 937

29.251 28.991 28.568 28.045 qqqq 30.348 30.608 31.029 31.555

880.93 873.43 861.23 846.13 es 912.58 920.08 932.23 947.38

95.499 94.859 93.819 92.530 jpy 98.200 98.840 99.877 101.170

738.98 734.68 727.69 719.03 xau 752.82 757.12 764.09 772.78

43 comments:

John said...

Boris,

Hate to bother you- JPT?

thanx

old john

lagscrew said...

old JOHN

this is for you


13 Nov 2008 90% upside day (SPX:911.28
12 Nov 2008 90% downside day (SPX:852.30)
6 Nov 2008 90% downside day (SPX:904.92)
5 Nov 2008 90% downside day (SPX:952.68; End of late Oct rally)
28 Oct 2008 90% upside day
27 Oct 2008 Closing low on SPX:848.92
22 Oct 2008 90% downside day (New closing lows on NASDAQ, SPX:896.78)
15 Oct 2008 90% downside day
13 Oct 2008 90% upside day
9 Oct 2008 90% downside day (possible bear market bottom SPX:899.22)
8 Oct 2008 90% downside day
6 Oct 2008 90% downside day
17 Sep 2008 90% downside day
15 Sep 2008 90% downside day
9 Sep 2008 (Close - 88% downside)
4 Sep 2008 90% downside day
11 March 2008 90% Upside day - rally for a few months
10 March 2008 90% downside day (SPX:1273

John said...

Lagscrew,

thanx


old john


Boris,

thanx

boris said...

Dear John, You got it.

Good Trading My Dear Friend

John said...

Boris,

Big spread between JPY-- 98.20 to 95.49

large no mans land there :)

old john

אנטי-סופיטליסט said...

Good morning ladies and gentlemen, for what it's worth the pivot on the es futures is 880 so it might be hard to break that. waldo

Vishal said...

Dear Boris, When u refer to PC Ratio, is that index based, equity based or mix of both ?

Cheers

boris said...

Dear Vishal,
The one I reported to day is the equity PCratio

I do keep total, but did not report
it

Good Trading

boris said...

Dear Waldo,
Thanks and good Trading
In fact 880 is our second ILAP

GOod Trading

boris said...

Dear Vishal,
The one I reported to day is the equity PCratio

I do keep total, but did not report
it

Good Trading

boris said...

OK, SO far we did get the high early morning my timing was off 1 hour and then we got the local high at 11:20, where I expected the high. Now, let us watch the rest of the story

Good Trading

John said...

Boris,

bought a little

old john

daveo said...

All, does anyone know when London closes ? Thanks, Daveo

boris said...

Dear John,
IF this complements the purchase plan, no problem with me.

Good Trading Dear John, If it is a short trade, there may have been a better time little later.

Good Trading My Dear Friend

John said...

Boris, Complements

old john

boris said...

Dear Dave,
LSE closes 15:30 GMT being 5 hours offset means it closes at 10:30.

Or so it sounds to me

Good Trading

jimww said...

Dear boris Are we gonna crash ? today ? thanks . Jim

boris said...

Dear Jim,
I do not think so, But everything is possible.

According to my outline, we should have bottomed 3 minutes ago.

Let us see what happens into the second half of the act. I would not see the violation of this low kindly

Good Trading

jimww said...

Dear boris i was asking trying to influence the universe so we can turn and go up! ha ha ha lol lol lol this is the the the crazy markit never to be seen again , I am trapped in sso at 27.00 Iwas thinking a high level containment I am now an investor? HaHaHa Jim

daveo said...

Dear Boris, Yen appears to be cooperating. I need to learn more patience with the 3rd ap during these crazy times. Thanks, Daveo

boris said...

Dear Dave,
Correct,
So far, so good
But YEN needs to do more.

Good Trading

boris said...

Dear Jim,
Ok, hold on,
HOpefully, my second half forecast is more precise in timing.
Size of the move remains a question
Good Trading.

Greenie said...

Dear Boris,

Congratulations on your excellent timing !!

Best,
Greenie

P.S. Head and shoulders on pressure chart is a new one I heard. Interesting :)

John said...

Boris,

Yen really stuck in close range

old john

boris said...

we are at ap2 resistance of 880

Good Trading need to jump over that

Good Trading

boris said...

Dear Greenie,
Let us hope it all keeps up into 15:00 ET

Thanks and GOod Trading
I think I like you multi month advance Idea, but I am not sure if it is from here. There is awful lot YBR says we have left to struggle like 2-3 months! bad bad boy

But Stil, I belive worst is 777 and almost hit it yesterday

Good Trading

Vin said...

Nice call so far, Boris. :)

ISEE call buying went through the roof at 12:50, so the contrarian in me is wary, but we shall see!

jimww said...

Dear all traders I have never doubled down in my life , do any of you traders double down a losing position? Jim

Vin said...

I am guilty of it, but, really, there's always another trade.

jimww said...

Dear vin thank you , Now for my day prayer : dear ZEUS please do not go to 838 ....I will eat a chicken in your honor and bury 50 cents in my back yard your friend Jim hail Zeus.

Vin said...

hahahah. ZEUS! thanks for the laugh, Jim. :)

boris said...

Dear Vin,
Thanks Enjoy
Good Trading

daveo said...

Dear Boris, the market is telling the yen to move out of the way it seems. FHAP on the way. Daveo

boris said...

Dear Dave,
Interesting is not it?
Yes, definitely, it is usually other way around.

Very good observation

Good Trading Dear Dave

Vin said...

Boris, yesterday's bottom showed up first in the markets and then in the Yen by a few minutes...

boris said...

Dear Vin,
Good observation too.

Usually it is the other way around.
I said before, for those who remember, that there will come time when the market will look like it is ignoring the YEN and that will be the start of the rally

I said this many moons ago

Good Trading

אנטי-סופיטליסט said...

dONE ALRIGHT TRADING THE TIME FRAME AND APS TODAY. tHANK YOU bORIS, WALDO.

boris said...

Dear Waldo,
ENjoy
Good Trading

Everybody remember we are in the zone where market could turn down,
if it listens to me(:-

Good Trading

daveo said...

Dear Boris, you most certainly did say that.....many moons and much deleveraging ago. Thanks, Daveo

boris said...

Market Is breaking FIHAP
That is important

Good Trading

daveo said...

Wow, you nailed it Boris. Market is using elbows on the yen now.

Squeeze time.

Daveo

boris said...

Dear Dave,
It was very important for the market to come back and screw the FIHAP because it was the FIHANP that rejected it in the morning.
Very important fact.

Now Market will, probably, meander a bit. And that would be just fine

Good Trading

daveo said...

Dear Boris, do you have any opinion on GE price action ? I hear enough about intrinsic stuff. No rush. Have a great weekend. Out on daytrade.

Thanks,
Daveo