Tuesday, December 16, 2008

attraction points(Apoints)

YOu know what we are waiting right? Yes for a bit of a selloff to make our life easy and make the analogy with a certain past event perfect and get the beasts satisfied. And then we can be buyers!

879 878 875 872 spx
886 887 890 893

876.48 873.98 869.91 864.88 es
887.03 889.53 893.58 898.63

29.23 29.08 28.83 28.53 qqqq
29.86 30.01 30.25 30.56

89.685 89.595 89.449 89.268 jpy
90.065 90.155 90.301 90.483

881.39 878.09 872.72 866.08 xau
892.01 895.31 900.66 907.33

1.145 1.143 1.140 1.136 chf
1.152 1.154 1.157 1.161

09:55 ET, Ok let me rephrase the question. For those who do not like word conspiracy.
Are PIGS allowed to have common interest?
If so , what would you call that?
Thank you for your response!

43 comments:

אנטי-סופיטליסט said...

Good morning Boris and all, a pig is a pig, snakes are snakes and crooks are crooks and I don't care how much lipstick they put on. They are all liars cheating bastards in my book and I wouldn't trust anyone out there with a penny of my money. The bastards has taken enough and now I am fighting back to recoup some of it thanks to you I am succeding. waldo.

John said...

Waldo,

Nice post, I agree totally. Some bust out homeless person walks into a bank with a stick up note. No gun - the guy is desperate- gets caught and gets 8- 10 years. ( I am not condoning it)- Crooks steal billions and nothing.

old john

Phil said...

We need a revolution folks. I hate the feeling of being conned. It will happen but what the catalyst will be I don't know. God bless you all.
Phil

אנטי-סופיטליסט said...

In my opinion since there is no way to put a value on the market since it is manipulated so much by the feds and the crooks, they need to build more prisons and fill them up with govt. and wall street people. Maybe that would send the right message or just bring back hanging the crooks on the public square. waldo.

אנטי-סופיטליסט said...

Markets are ignoring the yen today so that tells me govt. intervention. waldo

bob said...

Yes, there are a bunch of crooks in wall street, and they are working together to take the money of the poor and middle, honest working people. And at times they turn to cannibalism and eat and cheat each other. Good example is Madloff.
We need more people like Boris and the rest of you on this site, who are willing to share freely, experiences and knowledge.
Good trading, Bob

boris said...

Dear Phil
Dear Bob,
It is sad that we got were we are
Hopefully people are listening to us and thinking, finally , thinking! that there is something really not right in the way our system has degenrated into the "club of crooks and charlatans" who have no consideration at all for humanity in general and human in particular.

I still hope AMERICA is waking up to the truth.
And yes, we are all here to keep them informed

Good Trading

Vin said...

Good day, Boris.

Waldo, the euro and swissy seem to be confirming equity movements at least. I haven't noticed any leaders today, however.

boris said...

Dear VIn,
Thanks there is a bit of a leadership from Finantials up 2.8% and Select Materials up 2%

But in general there is no big discrepencies you are correct.

CHF bounced from the intermediate term average of about 100 days.

GOod Trading

Vin said...

Thanks, Boris. I need to keep an eye on the materials more often.

I shouldn't keep my hopes up for another 5 minute advanced notice from the currency world. That was fun to watch yesterday. :)

boris said...

Dear VIn,
No problem man,
We can all use a bit more experience every day(:-

GOod Trading

xerxes said...

Hello Dear Boris.....

They love that chf....

looks like you may need to add some more intraday numbers. may catch the last one posted before lunch :-)

xerxes

boris said...

Dear Xerxes,
Yes, they love it

We have Daily numbers when itraday is not enough

Good Trading

xerxes said...

Hello dear Boris....

Who needs ponzi schemes when you ride 1.60 to 1.23 to 1.60 inside 6 months :-)

Thank you very much boris...

xerxes

ARAK said...

Dear Boris,

Isn't swissy saying we have to go down today?

boris said...

Dear Xerxes,
you that right?
And we kind of did advice just like that. Of course, we had our mistaked on the way, but the truth be told. We told everybody 1.61 was a grand number EURO will/should fail at and 123 and below was when I started to push for accumulation. The biggest mistake in all of this was that I gave preference to CHF a bit too early. I should have known better, lookin at my own SEEFUTURE doc.
But I am not even close to perfect.

I said it(:-

In any case, till the crisis persists CHF may lag a bit. But not for long. After the next correction up in Dollar is over CHF should the most triumphant currency.

Good Trading
Yes, who need PONZI!

xerxes said...

Jimmy Rogers says on Bloomberg that it's time to sell the buck so maybe the buck gets traction here..

boris said...

Dear ARAK day to day look at the markets and currencies is not as clear cut picture as it used to be at the height of crisis. You looked at YEN and it was clear where the market would be pushed. Lately that is not the case and not the correlation is good with Swiss Frank , or EURO.

That is expected. I long spoke about those relashionships breaking or becoming complex and we are there.


Make no mistake though. In general , the higher EURO currencies are a "GOOD THING"
for the market.

Unfortunately , it is no more easy to extrapolate that to each day and hour and minute(:-

Good Trading My Dear ARAK

boris said...

Dear Xerxes,
Jimmy know, himself, that he is a "bad timer".

Let us not make too much fun of him. In the long run, he seems to be always correct

Good Trading

xerxes said...

Hello dear Boris....

So, you r suggesting that the next wave of tourists will be a bunch of yoddlers wearing Birkenstocks and fashioning knee high white socks with short pants and suspenders

I'll drink to that :-)

xerxes said...

Seems like your numbers finally sapped the wind from the euro....

So will the FOMC announcement be a case of 'buy the rumor and sell the news' or a case of 'party on brother'.

xerxes

ARAK said...

Here is to the bullish case

http://benbittrolff.blogspot.com/2008/12/drift-higher-into-year-end.html

boris said...

Dear Xerxes,
My personal feeling is that
while we may have traveled long distance up in EURO currencies the turn up in Dollar may not be a V shaped sharp move. It may be a bit of trading range for the most of the rest of this month and then Dollar could take higher again.

I could be wrong on this. But that is the way I feel at this moment.

Good Trading

אנטי-סופיטליסט said...

something is about to give, the bollinger bands are starting to get tight on a 5 minute chart. waldo.

boris said...

Dear ARAK,
THanks for persenting that view,
Which is close to ours, with a different set of justifications.

In any case, we do not want to lose the sight of the lower move potential. So, we are watching the numbers we stated.

Good argument though

Thanks My Dear Friend ARAK

xerxes said...

Hello Dear Boris....

I'm not disparaging Rogers....But I heard he's writing a new tome called "Obamistan -- from Dollars to Dinars"

boris said...

Dear Waldo,
Correct we are coiling here.
My take would be that we will get decline of some kind today and take off tomorrow. As long as that decline is mild but moves our indicators into launch positions.

Good Trading

boris said...

Dear Xerxes,
Now I will dring to that(:-

Good Trading

xerxes said...

Hello Dear Boris....

Your current instincts seem to be diametrically opposite to SeeFuture....

Should I be turning the graph upside down now?

xerxes

boris said...

Dear Xerxes,
We have many tools.
I try very hard to keep you to look at several balls up in the air.

If we looked too rigigly at SEEFUTURE we could have missed the rally in the currencis completely.

SEEFUTURE is a master document. ON the other hand look at the SHEKEL/EURO rediction chart. It says something differeint at times. Even though it coinceds with SEEUFUTURE into March. Fro now it calls for Lower Dollar.

Welcome to the real world.
The real world is always contradictory in nature and to master the markets is to master that illusive truth that is always hidden inside the many views of the market.

I takes time Dear Xexes.

You see how old I am right?
Now remember I am of a GEORGIAN origin, I could easily be older than I look or I was told by my Mother ( rest in peace)

Good Trading

אנטי-סופיטליסט said...

You want a laugh, goldman sachs loses over 2 billion and it's up 7 dollars. waldo

boris said...

Dear Waldo,
who is buying.
Obviously those who know that this is the last time GS ever reports the loss(:-

Good Trading

boris said...

Dear Readers, Subscribers
Welcome to ZEROOOOOOOOOOOOO rates
SUNSET BOULVARD!
Good trading

xerxes said...

Hello dear Boris....

Are you still sticking with your gold view as per your e-mails?

xerxes

jimww said...

The end of banking, you have to have savers to lend, er at least in the long run,welcome to the new world of banking. the king is dead long live the king.infinate money for infinate prices .

sharon said...

Dear Boris

One thing for sure - there will be no more rate cuts !!!!!

welcome to the new green-carry-trade-curreny, bye bye YEN.

the funny thing is that the europeans think thier currency is strong :-)

Sharon

sharon said...

-

sharon said...

-

xerxes said...

Hello Dear Boris....

Now that many MMF will have negative returns, gold may start lookin' mighty fine right here and now. At least it does to me. More American investors may be thinking the same. 600 gold seems like a fools errand, but maybe I'm the fool :-)

xerxes

boris said...

Dear Xerxes, Yes
I stick with that outlook
Accumulation yes,
SPeculation, little or none

GOod Trading

boris said...

In next round of EUROPEAN interest rate cuts it will be Dollar that will get stronger one more time and that will be the time close to GOld purchase

GOod Trading

xerxes said...

Hello Dear Boris....

Yesterday Trichet comes out and says that the euros aren't gonna cut in January....buck sinks...

Today Ben cuts to near zero, more than expected I think, and buck sinks even more...

It appears that there is a move afoot to thoroughly debauch the buck here and now.

I'm sure Trichet knew what Ben was gonna do today; so why would he come out and get the ball rolling against the buck if that wasn't the plan. He didn't need to talk yesterday.

Ben is even lower than the Japanese now. Even if the euros cut some more they'll not be near zero...

10% + loss in a week is a huge move...Time to buy Shmecks :-)

xerxes

boris said...

Dear Xerxes,
IT is clear that these guys manipulate the markets.
The want to stimulate markets.
That means that they will make your money worthless unless you spend it.

That is CRIMINAL!

Good Trading.

In any case, I expect the cycle to play out and Dollar to get stronger by SPring

Good Trading