Tuesday, April 21, 2009

Some More Down?


Is the market easy to figure or what. Perhaps if one has tools, it maybe. We knew for while that 666 was where we would buy the and did so. And then we knew that 87X was a place where resistance would be strong( FIBOs indicated that initially and Then Pressure charts and AP right in that area of low 870s with Hourly 5th IHAP( intraday High Attraction Point) sealed it for us. Our long time subscriber, but not a pro by his own admitting , Dear John, Shorted the market there, others may have as well) So, is the market easy? DEPENDS what tools you use. Would you like to use our tools? Then look at the services and fees area and subscribe to Tailored Service.


We me have some more down in the markets. Initial/eventual support area is in mid700 to high 700 area, I think.

72 comments:

xerxes said...

Thank You Dear Boris :-)

boris said...

No Problem, Dear Xerxes,
Good Trading My Dear Friend

xerxes said...

Dear Boris...Did you hear the 1 minute siren today

boris said...

Dear Xerxes, I d id

GOod Trading

xerxes said...

I wish I had as well...Maybe next year...

xerxes said...

Dear Boris...What r today's expectations...S&P to continue down?

boris said...

Dear Xerxes,
Yes, we think that we may be down inot next couple days.

Good Trading

Wanderer said...

Dear Boris,
Good morning.
Thanks for all of the useful information.
Hope you have a great day:)!
Good living.

Bert

boris said...

Dear Bert,
Thanks My Deare Friend

Good Morning Canada and
Good Trading

xerxes said...

Dear Boris....DAX B'Zevel once again today....Just as you called :-)

boris said...

today's fifth ILAP hourly is , in my book a very probable low of the market.

Good Trading

John said...

Boris,

Good morning
old john

boris said...

Dear John,
Very Good monring
Good Trading My Dear Friend

xerxes said...

Approaching first DLAP for DAX and maybe now that will pull the euro lower...maybe, Dear Boris, for now anyways...

boris said...

We also approached the 4th and 76% bifo on EMINI,
This, temporarily rejected market, maybe longer, we shall see...
But I still believe we may meander lower for few more hours, into tomorrow, but LOng term investors are encouraged to add 1% investmenet for every 15 points down now in SPX

Good Trading

boris said...

gold at the crossorads, push up here could propell it,
Failure here and we drop hard down\

Good trading

Mike Truong said...

Good mrning dear Boris,

Yesterday was like a shock/awe dropo while today have a feel of a stair-stepper. This is probably moe devastating for bulls since it give hopes to them. Good trading dear friend,

Michael

valry777 said...

hi,BORIS
while ago you PERFECTO give to susbscribers detailed information abour spread GLD/USO and everybody,
who follow your instruction,made good money.
now special time for currency and, if it's possible,can you provide on antisopitalist.net regular and more detailed information about currency:EUR,CHF,JPY,GBP or some of them and maybe one of interesting like: CHFJPY or GBPJPY?
whith prise level and timing.
thanks,
valry

xerxes said...

Dear Boris....I viewed Gold as just a channel move on the 4 hr with a ETB 13;2...rolling from one side to the other...that's why I said it was easy pickings yesterday...It should decline now....But I guess wrong more often than not :-)

boris said...

Dear Valery,
YOu are right.
I am afraid , I do not always feel about trades the way I felt about that trade then.

On the other hadn we felt pretty storng about GBP going down from 1.51 level and we did. Unfortunately not too many people may have taken us on that.

We felt relatively good about the trade of stocks shorting at 870.
WE felt pretty good about going long SWISSY 3/4 days ago and did not work too well.

We do provide what we can and follow up.

UNfortuntely unless it is one or two things , we cannoot follow them efficiently. In fact , perhaps all will suffer due loss of focus.

On the other hand we see ned for what you say . A systematic Buy Sell signals on a daily and hourly bases( 5 nite too) would be nice.

Unless we can automate that. It is not advisable for us to do it.

Again , we will do bad job and lose client.s

Better not to give something unless we can follow it.

Now, we automated a lot of things and we will attempt next to automate that process of systematic buy/SELL SIGNLALS

bUT , MUST WAIT. cAN NOT DO IT SO FAST. uNFORTUNATELY

tHAT WAS MY GOAL ALL ALONG AND EVERY PARTNERSHIP i ATTEMPTED WENT IN DIRECTIONS THAT I DDI NOT LIKE EVENTUALLY.

tHAT IS THE REASON, I have used my own approach to AP pubclication and now that is approaching perfection. Thank GOD.

In short I will do things you want, but I am now limited in time and in choice of such trades. When I see something that important though I will, trust me , I will give it to you.

I, now concentrate on automating the systematice signals on several securities we follow.

I will do my best, Please have patience.

Meanwhile, as I said we do follow few things, but not on a short term bases. We can not do that before automation.

THanks Dear Valery,

I always think about our subscribers.
I would rather say nothing than get them in trouble. that is my style ( UNFORTUNATELY(:-).

I love you all and think all the time how to give you more without losing your shirt and makeing it possible for me as I am just one man with a lot on my shoulders

Thanks again Dear Valery,
My subscribers desrve best and that is why i sacrificy my body and mind everyday, because you all collectively are worht it.

I will do, but will not promise what I can not do.

I believe , I will be able to be where you are thinking in few months time.

Meanwhile we will have to go with what choice the markets present and limit it some number we can follow.

Having all that said, please observe that in time you all become better and indepndent , see how weel people like Mike, and Xerxes and John and Klaatu and others are excelling in using these tools. It just takes time to get used to this way of thinking and come up with your own "brilliant" trade ideas.

Menwhile I will do all in my power to get yo more and more usefule tools.

Trust me , it is good for my business too... to be where you want us to be.

Thanks again.
I repate, if you have some idea of one thing you want to follow, I maybe able to devote jus a bit more time to it. Let me know what it is. If it is of common interest like EURO or GOLD or OIL, that would be easier, because many are interested in it and will be useful.

Good Trading My Very dEAR fREIND vALERY

valry777 said...

thanks,BORIS
no problem-will wait.
valry

boris said...

eXPENDING ON WHAT vALERY asked.
It would be my pleasure for people to each week to send me an email and indicate in the subject just one world ( security) that you are interested.

Inside email you can give me your reason why this security is of interest at that time.

I will do my best to choose something common to most of you for that week.

You see , making the choice of trade ( focus) on something is as important as anything else.

In fact, if one follows too many things at once , it is impossible to concentrate. ONe MUST CONFLUENCE that is for sure, but trade must placed in one thing at the most, because it is very hard to conentrate( perhaps in time when mastering it all).

So, I am open to work with all subscribers and entertain reception of email every Saturday/Sunday, of what is of your interest ( title of email) and why( body of email).

It could be very interesting for me to gage the popularity of one security or another for that week

Good Trading.

boris said...

Dear Subscribers,
Readers,

I have tried as hard as I can to remember who was it that said "if you want to do somthing right, do it yourself"

If you can remind me , I thank you(:-

That in conjunction of, I have tried to automate AP production for months, payed for programming etc. Never got to where I wanted to be.

Now, I am there and it was as easy as 1, 2, 3.

See,

If you want to do something right, do it yourself!

Good Trading

Mike Truong said...

Hi Dear Boris,

Sure is a lot of buses stopping @the 2nd hour HAP on GBP.

Good trading dear friend,

Michael

boris said...

Dear Michael,
Yes, sir,

Agree, the stations are chosen randomly, but not so randomly
right (:-

Yes, My Dear Friend

Mike Truong said...

Yes Dear Boris,

2nd Hourly HAP on GBP must be full so buses are running to the 3rd HAP. You also nailed the Low HAP last night. Good job dear friend,

Michael

boris said...

Dear Michael,
I am glad you are watching.
I have only two EYES, but extend myself via subscribers like you and Xerxes and John and others, who report things when they see them.

THat helps me too, believe ,me
My tools , tend to overwhelm me too. Not tools really, the amount of information that needs to be digested(:-

Good Trading

xerxes said...

Dear Boris...If a 'Sobre Dotado' like yourself is overwhelmed, what about us lesser mortals :-)

boris said...

Dear Xerxes,
I can only watch so many things at once, and I chose, it is large 4-5 things, but I limit myself as I can not at all times watch all things.

I can not see how could Any of us watch all the things I put out without limting ourselves to MAJOR things and securities we particulary trade.

So, Brain is like a muscule, you need to overload it, so that it grows.

That is what I learned when I was actively wrstling and weight lifting

Good Trading Dear XERXES

lagscrew said...

buy faz 10.5

boris said...

At 841 emini hit the FIRST IHAP and , so far, rejected, could this spell top for today, could, watch carefully. So far, as I said, it was rejected

Good Trading

lagscrew said...

buy faz 10.04

boris said...

Among the good influences on market today was a decline in JPY and Dollar, But JPY decline, could be coming to an end and so could be CHF/SWISSY as they are near resistance. EMINI itself is at the resistance of SECOND IHAP and it is not able to take over that level at 842. This could spell resumption of stocks decline, unless market overomes the level of 842.

Good Trading

boris said...

Dear Lug Good Idea to BUY FAZ, just use a nice tight protection

Good Trading

boris said...

Well, Looks like we hit two days in a raw. Yesterday we said gold could rise, and this morning we had doubts ( in fact , we thought it was critically depending on breaking the are where it was in the morning) . Well, it could not on the upside and broke downside.

YOu, see we always provide profitable information , when we see it.

Good Trading

xerxes said...

,,,But JPY decline, could be coming to an end and so could be CHF/SWISSY as they are near resistance.,,,

You forgot to mention what appears to be an evening star on the USDCHF daily Dear Boris

boris said...

Dear Xerxes,
Well noted,
This phrase you quote was only to last from here till tomorrow morning, which time SWISSY can use for a little climbing the POLL(:- of the Star

Good Trading

boris said...

By the way Dear Xerxes,
Until/unless EMINI clears the 842 that confluence still has the chance.

Good Trading

boris said...

Actually, Dear Xerxes, Readers
I owe Dear Xerxes, for that remark, because he gave me chance to elaborate on the timeframe of that PHRASE ( context) of it, which, I am guilty not always being clear about.

Thanks Dear Xerxes

Mike Truong said...

Dear Boris,

The swissy comment is aomewhat perplexing to me as I view a stronger swissy as positive to equity. Has the relationship flipped somehow?

Thanks dear friend,

Michael

xerxes said...

So, Dear Boris, with the S&P @ 841.64 as I type, are you saying, that if 842 is overcome, USDCHF will resume its ascent?

Ivan said...

Hi Boris,
sorry, I don't understand your last sentences about USDCHF. Please, could you write it clear. Thanks

boris said...

Dear Xerxes, Temporarily SO.
ONly, till tomorrow morning AS i said.

Dear Michael, where is the contradiction My Dear Friend. This is consistent is not it? We meant to say, if not clear, the following:

If market is supposed to make lower low tomorrow( which I still lean to) then it has start going down soon and it maybe by not being able to over come the 842 level ( 2nd IHAP).

Under those condietions the SWISSY ( QUOTE) will go higher, but SWISSY will go lower for that time frame.

AS Dear Xerxes says the USDCHF will rise for that time.

I hope I have now, made this clear

Good Trading Dear Micheal and Xerxes

boris said...

Dear Ivan, Sorry,
I hope the last sentence clarified it for you as well?

Good Trading My Dear Friend

boris said...

I know, why , what i said was confusing.

I said CHF will be climing POLL,

Of course the correct way to say is

1) CHF quote will be CLIMBing POLL , not price
2) USDCHF will be climbing POLL

Now, I have made it all clear(:-
I hope(:-

Thanks Dear Friends

boris said...

I need one more thing to clarify.

Yesterday, I commented to Dear Xerxes, that I mentioned GOLD could go up today, but it all turns out to be something I have dreamed and not written.

I may have thought I did because, I did expect markets to come down and that, almost 90% equates GOLD up, but the simple truth is I never mintioned gold.

Sorry!(:-

Good Trading

Richard said...

Bye bye....842....bye bye down day.

Richard said...

I guess I just need to stop going to ANY blogs.....the influence always leads me astray from the difficult task of attempting to make some money out of market. Its difficult....extremely difficult, but when you allow yourself to be influenced, it makes you feel like you let yourself down.

audios

John said...

Boris,

sold my SDS yesterday and looking to re-enter a small amount here

old john

boris said...

Deare Richard
AUDIOS(:-

Who was this man?
Good Trading

boris said...

Dear John,
Thanks
And Good Trading My Dear Friend

boris said...

I do not know if Dear Richard will EVER come back.

But here is what I have to say.

If you do not know, you must let yourself to be INCLUENCED before you know your self, besides nobody is leaving in a BURREL , like DIOGINES.

And the next. If you do not want to e INCLUENCED then you need to learn CONCLUENCE.
That is collect information from several sources and CONFLUENCE them in your mind.

Good Trading Dear Richard

boris said...

Well, when SWISSY declined and Stocks did not and then broke above 842, it has shown that it was strong and the market may have put the lows for last coupled days. We did get the couple days down and amost 50 points.

And we did started suspecting the bounce of 4th ILAP as possible low, so much so that we starting singing buy for long investment time frame.

So, there is nothing new under the SUN, the market being the probability beast, has told us that preference for tomorrows lower low is slipping and sliding away, but the day is still young and anything can happen. In any case, shorts should be out by now, like Dear John is and I do not want establish any short term LONGS here.

That is probably entirely simple!

Good Trading

boris said...

I mean I do not want to establish any short term LONGS,
Anybody else is welcome whatever they want to do.

I have made very small 1% addition to my portfolio, when at the 4th ILAP today. So that makes me grand total of 21% invested!

Good Trading

lagscrew said...

boris

not feeling well today--I dumped my faz at 10.05 for a small loss about an hr ago--got to lay down--lol

boris said...

Dear Lug,
Feel well, Dear Friend.
Good Trading

boris said...

Well,
It looks like the suckers on the floor engineered a fake run on the upside after all.

HA!

As I said the day is YOUNG

Good Trading

boris said...

You can see Dear Subscriber and Reader,

In these markets one can not play the willy nilly games.

This is a market infested with sharks.

It is hard as it is to take positions and sticks with them at very well thought places.

It is almost impossible to get into markets once the train has left the station, because one is incapble of finding a good RR situations ( Risk Reward Rtio).

That is why my answer to Valery was what it was.

I will start looking at short term issues, if/when I am confident that I have big wave of support of resistance behind me or , forget it.

Giving this ST information without the RR and follow ip is same is giving the MONKEY the glasses, you never know what he/she is going to do with it.

Good Trading

boris said...

If the stock market is going to make this runup high as todays high then, I am afraid, we can have even the worst decline that would now stretch into Thursday and will go down to 777

Remember that number?

Our subscribers know this famous DECENIAL support/Resistance Attraction Point.

Hahaha! that could be a justice well served.

But Market must make this runup high as the high of today first.

Good Trading

jimww said...

Dear boris From a bull perspective you donot want to fill monday overhead gap right here and now ,...that would set up a mini crash to 777 weird huh!

boris said...

Dear Jim,
I agree,
I think BULLs should not like the new move towards highs here ( and especially failure thereoff)

Good Trading

John said...

Boris,

I think Richard did not understand the site. That is all. It took me months of losses to get the hang of it. You have to watch the monitors and be patient. Not a day trading site unless you use the APs

old john

xerxes said...

Dear Boris....I thought I understood, but now I'm a bit confused again (remember I'm not a sobre dotado as you are :-)))..

Firstly, when you say morning do you mean morning in New York or morning in Paris? As you know they are 6 hours apart...

Secondly, now that they close the S&P on its high at 850.09, does that now suggest that USDCHF rallies up from 1.168++, even past the "morning"? as you now talk of a collapse in S&P to 777??

boris said...

Dear John,
I do not even undersand that Dear Richard understood the probability nature and qualifications what we say and he certainly did not understand that we are not trading every state or station of the market like 842, where we may have taken profit if there was one, but did not initialte anything.

Well. If he comes back and sticks around he will learn if not

That is fine.

Good Trading Dear John

boris said...

Dear Xerxes,
By Morning I mean NY time mroning like 9-10 am ET.

Now, there is a basic contradiction that keeps me off balance at this time.

Market was supposed to bottom , short term around 24 and Currencies were to top about the same time.

Now that we know is NO NO...

Ok,

So, what happens under those conditions.

One hopes that reconciliation happens via, one of the securities not moving much or moving in the unexpected ( by correlation ) direction.

It is not 100% that SWISSY will go up if market goes down or visa versa.

Meanwhile we aer left with other tools to, candles, short term trends , roc, macd etc. to navigate and hopefully hit the trend whatever it is.

Now, there is another option, OUT,

Remember, when in doubt, stay out.

That is all

GOod Trading Dear Xerxes


S

boris said...

I hope nobody suspects that just saying market could go to 777 means that we are going there tomorrow in fact and or we can not go to 875 first or anything else.

I have simply made a s tatment that if we were to not better todays high, we have a fair chnace of haing a little quick decline to 777 that is all

GOod Trading

waldo said...

simply amazing today, technicals continue to get weaker, bullish percentage dropped, matter of fact the bullish percentage on financials dropped a whopping 24% and the banking sector was up big today. With a big drop in bullish percentage throwed up a bear alert on financials so buyer beware. Just thought you all would like to know that don't follow pnf charts. waldo

John said...

Waldo,
How have you been ? Sunny and 98 here today.
I was short from the other day SDS and sold yesterday. I again went short SDS, with a small lot this afternoon.

old john

waldo said...

Hi John, haven't been trading much, tried a little today and give the pricks a little money today. Cold and rainy here for the last couple of days. I have my sidewalk formed and now just waiting for some nice weather, may get some nice weather thursday.I got out on the long side of the market when we hit the 740 area and have not tried to reenter. Tried shorting the financials today but no good. My timing is just no good and about ready to give up on the market and start enjoying my last years on this earth. waldo.

John said...

Waldo,

I hear you

old john

xerxes said...

Good Morning Dear Boris....

boris said...

Dear Xerxes,
Changing the Channel

Good morning and see you at the new post

Good Trading My Dear Friend