Wednesday, May 13, 2009

Market To lavitate for a while more




896.24 898.78 902.89 908.04 spx 885.52 882.98 878.86 873.73






The markets have recovered, right after we advised to take most of profits. OK! who knows, maybe Dear Bernanke is my friend indeed, but he did not do anything yesterday did he(:-




In any case, the PCRatio is still tired, but could stay this way and frustrate bulls and bears for a while. We key on our pressure charts though to tell us when the next upside exahustion has arrived.



Yes, and if would like AP(Attraction Point) Miracles, look at the previous post and see how APs were hit and revesed. Now, the picture is missing the low of yesterday reversal , which also hapenned hair away from fifth low AP on hourly bases ( ILAP)

27 comments:

xerxes said...

Good Morning Dear Boris...

boris said...

Dear Xerxes, Good Morning Indeed

Good Trading Dear Xerxes,

Ivan said...

Dear Boris, did you have some AP for emini at 909? It stoped here. I was waiting for FIHAP to sell my position from 904. Next bus...

Ivan said...

I am feeling that this move in last hours in the dollar/antidollar battle was to push the antidollar longs out of the market (for the last move up). But who knows...

boris said...

Dear Ivan, I am mworking on getting my setup back.

Got Little problems here.

As soon as I do I will answer the questions

Good Trading Dear Ivan
You have correct feeling though.
ASSET CHARTS are with you.

Wanderer said...

Dear Boris,
Good morning.
Thank you for your reply.
Good trading.
Good living.

Bert

boris said...

We are at the fifth,
If EMINI does not hold here.
Say goodby!
Good Trading

boris said...

Dear BErt, Good Morning to you My Dear Friend.

Looks like AntiDollar wants to act up as IVAN noticed(:-

Good Trading

boris said...

Sorry!
Dear Bert, I menat act DOWN(:-

Good Trading

Ivan said...

Dear Boris, is this goodby or emini still has a chance to stop?

boris said...

Dear Ivan, see the DotNet Site(:-
Good Trading

Ivan said...

Dear Boris, there is nothing new on MR page. OK?

Ivan said...

Dear Boris, I see it now. Thanks.

waldo said...

Boris, I see nothing on the psite. waldo

boris said...

Dear waldo,
not psite.
DOT NET SITE

wee.antisopitalist.net

Good Trading Dear Waldo.

waldo said...

That is what I meant, it says copy this line to asset ossciators. I don't know what you mean. I see no where to copy it to. Your site is getting harder for me to follow anymore. To many changes. waldo.

boris said...

Dear Waldo,
Sorry to have injected that line on top.

Please look down at the same page. It is just a next post. We had two posts taday that is all.

As far as the ASSET OSCILLATOR data. One copies it to oscillators_net1.xls that I send you this weekend.

I hope you will find it easier. Not much change, just a bit different Dear Waldo.

If you have problem Dear Friend just email me your phone again and we shall talk. Like old times(:-

Thanks Dear Friend Waldo.

boris said...

We suggested to collect MOST of short postiions yesterdaay at the lows.

Ok, Now we get a decline lower than that point. If you do have any shorts left, please cash them in between 875-880

Good Trading

boris said...

DULL, DULL, DULL

Well, we expect the market weakness to continue to , most likely, levels of 880-875, today/tomorrow,
And then rally into Our Sysems Sell

Good Trading

boris said...

Are the investors so sick that they can not even reach for MEDICINE.

Well look at the SECTORS on this post ( body).

Good Trading

boris said...

Please note that the 880 are is a Daily Thrid and if EMINI does not stop here , then there is a
LOOOOOOOOOOOOOng way down more.

Good Trading

Aboot-Bull said...

Dear Boris,

how would you axplain EUR holding up there so nicely ..???..???

Thanks,
A-B

boris said...

Dear AB,
We will refrain from any short term comments about currencies for now.

I hope you appreciate , there are times when we just need to keep mount shut.

If we give you truth , then that is our position and we do not want to let the world know. if we do not then we lie and we do not want to that either.

For next few days/weeks we have a ban on announcing publically what we think about metals and currencies.

Thanks Dear AB

Aboot-Bull said...

Dear Boris,

Well i'll respect that.... as if i have a choice... :-) :-)

Thanks,
A-B

xerxes said...

One last thought for this evening Dear Boris....

May 12 (Bloomberg) -- The dollar’s rally is set to end in a “currency crisis,” investor Jim Rogers said, adding that he may bet on a slide in equities after nine weeks of gains.

The advance in the U.S. currency has been driven by investors covering their short sales, Rogers, 66, said in an interview with Bloomberg Television in Singapore. He may consider adding to his holdings of the yen and prefers the euro to the dollar or the pound, the investor added.

“We’re going to have a currency crisis, probably this fall or the fall of 2010,” Rogers said. “It’s been building up for a long time. We’ve had a huge rally in the dollar, an artificial rally in the dollar, so it’s time for a currency crisis.”

boris said...

Dear Xerxes,
Thanks for the input.
I saw that(:-

GOod Trading

boris said...

Let us move to new post