Thursday, July 16, 2009

Benefit of doubt goes to bulls, but


934.21 935.38 937.28 939.64 spx 929.27 928.11 926.22 923.85

All we have at this point still points mostly higher, but some of our indicators are begining to warn, not enought to get us worried, and of course we would ask for prices to confirm such worries before we would act on them. So the benefit of doubt belongs to bulls, for now. How long? Stay tuned.

56 comments:

boris said...

This was a comment I placed in the second to last post, I think readers may have missed it because , I closed the post soon after.

Nevertheless, I found this very interesting and appreciate if anybody has a legal point of view on this.

boris said...
Dear John
Presented this interesting article.

Future Of Securitization

Good Trading Dear Friend John

7/15/2009 12:42 AM

Good Trading Dear Friend John and all

boris said...

Here is the link again

Future Of Securitisation

GOod Trading all

xerxes said...

Moving towards 5th on EURUSD DEAR BORIS...

xerxes said...

Interesting article on securitization

xerxes said...

Claims coming out soon Dear Boris...Strong EURUSD anticipates something big Dear Boris...

xerxes said...

Stalled pattern on hourly Dear Boris...Do you trust it...I'm not confident :-)

boris said...

Yes the news are coming out.

I have a feeling, we may see reversal in everything!

GOod Trading Dear Xerxes,
I am working on EMINi , for all
Subscribers

xerxes said...

well, Dear Boris EURUSD lost 31 pips

Wanderer said...

Dear Boris,
Good morning.
Good trading.

Bert

boris said...

Dear Birt,
How are you My Dear Fiend
Very gOOD mORNING AND
Trading to you my Dear Bert

xerxes said...

Dear Boris...High wave lines in EURUSD hourly?

boris said...

Dear Xerxes,
Not sure about that last comment

Must be getting tired(:-

Good Trading Dear Freind Xerxes

xerxes said...

We almost hit the 5th high Dear Boris and now approaching 3rd high... Will the buck orchestrate a big reversal move, crushing bulls, by moving towards 5th high :-)

boris said...

Dear Xerxes,
All I ask is a rest in ANTIDOLLAR and we may get it, how strong and how long?

Is the YBR any indication.

Then the xx date on YBR low ought to act as a magnet for ANTIDOLLAR low

GOod Trading Dear Xerxes

xerxes said...

Dear Boris...a bunch of long shadows and short real bodies constitutes a high wave line that foretells a reversal, potentially...

John said...

Boris

Good morning-get that 60 minutes in today:)

old john

xerxes said...

Antidollar had its nap Dear Boris.. The pause that refreshes has passed :-) The TIC data shows Russia, Japan, Korea and the Caribe were net sellers of the buckeroo....So you'd think that with selling having already occurred the buck should rally...But notice how the 800 lb guerrilla, China didn't sell at all...yet...boom

boris said...

Dear John,
I got 60 minutes in the GYM that is in the basement of my new apartment complex.

Nice equipment and all. I can not belive what I am getting for $1200 bucks(:- that is a lot. Something like this could cost in LA or SAN DIEGO over $4000/month.

I guess Israel is still cheap even though it is almost impossible for a young couple to buy average home here!!!


Dear John, DOes the Weight lifting count, or does it have to be walk?

Good Trading Dear Freind John

boris said...

Dear Xerxes,
Thanks for explanation of
HIGH WAVES
Now I feel better(:-

Good Trading Dear Xerxes

John said...

Boris

Walking or running counts for aerobic. What is the most important muscle you have-- ? heart
I weight lift a little- light weights as my shoulder is bad.
Was 230 lbs. in 1983- took 2 yrs to get to 170 - been 170 since.

old john

xerxes said...

Dear Boris...You can rent a NcMansion for the princely sum you're shelling out :-)

Looks like the high wave signal panned out as expected ;-)

xerxes said...

We're moving towards first high on EURUSD Dear Boris...Will we get to 5th low??

xerxes said...

Dear John...How did you lose that weight?

Vishal said...

Get the heart rate up, even weight lifting can be done aerobically.

A combo of cardio and weights works best.

boris said...

Dear John
Dear Vishal
Thanks My Very Dear Friends

Good Trading

John said...

Xerxes

I was frightened into it. Chasing a guy with a gun up the stairs of some ghetto project building. Had chest pains, they rushed me to hospital - tests came out ok but doctor told me I would never receive pension if I did not change lifestyle
I started walking, then little jogging. I watch what I eat- no sweets at all. I drink a glass of red wine everynight with dinner.
I get one hour of aerobic exercise 6 days a week, everyweek. If I gain weight- nothing white for a week- white bread, white rice or potatoes.

old john

boris said...

Dear Xerxes
Where weill you get MCmansion
In the First Class, Marble all around building , overlooking Ocean in USA.

YOu cat get a studio overlooking garbage in Manhattan for that price! if that(:-

Good Trading Dear Xerxes

xerxes said...

Dear John...Thanks...What aerobics do you do? BTW, did you get a cath after that episode of chest pain?

Vishal said...

That sounds pretty austere and almost exactly like what I have to do :D

Good advice, thanks John

boris said...

Yes,
And that studio in Manhatten will be full of roaches !
Delapidated 60 year old Building
Good Trading Dear Xerxes

xerxes said...

BTW Dear John...did that ghetto blaster get away that day :-)

xerxes said...

Dear Boris...Carolina or Florida panhandle...on the beach....but you can come to the other end of the Mediterranean and stay for free as long as you want :-) There isn't a gym but a pasador will be available to help fatten you up :-)

John said...

Xerxes

The guy got away- 25 story building. The cause of pain was severe heart burn- I had about 12 beers and pizza the night before and was hungover when I went to work.

Scared me into the exercise/diet thing. Ask Boris how thin I am, we met in LA a few months ago.

old john

jimww said...

The supreme thief is on tv right now, hahaha, America what a great country, anything is truly possiable. Glad to see everyone is ok ....take care I am holed up in my bunker till the summer heat way goes under 105. When the hell is copper going to 2.13 ? seems a little high . Bye Jim

boris said...

Dear Xerxes

1) thanks for the offer.
We shall discuss that later(:-

2) Yes Dear John is as thin as Italian Sugar Cane ( that is why he is not eating sugar any more(:- )

Good Trading Dear Xerxes,

boris said...

Dear Jim
Yes, I see it on BLOOMBERG

HAHAHA indeed,
The entire Government works this way is not it.

They the good for people and they stand above the law, because they serve the good of public, which includes witholding information , cause it will cause more panic and will be worse than telling the truth.

When any part of the society is considered above the law the faschism has a good chance to triumph sooner or later. Cause anything can be , alitmately justfied by the someone's perception and action for the "GOOD of PUBLIC"

Good Trading Dear Jim,

Fine line between the freedom and slavery

xerxes said...

we seem to be fading again Dear Boris...How high will the buck move?

boris said...

Dear Xerxes,
I think , for at least near time, the "STONGER DOLLAR" may prevail.

GOod Trading Dear Xerxes

xerxes said...

How long is 'near-time' Dear Boris... I see an ascending triangle on S&P Dear Boris

boris said...

Dear Xerxes,
Look at your WBR chart or see the feedback comment on DotNet

Good Trading Dear Xerxes

boris said...

Dear John,

Send us another interesting link
(:-

HealthScare

Good Trading Dear Friend John

Mike Truong said...

wow can we actually have 5 straight days of up move on OPEX week. That is impressive.

Trading aside, these markets, once crashed will probably kill risk appetite of the average investors.

Mike Truong said...

Dear Boris,

I wondered what cause you to have second thought on your dollar projection earlier this week? I think your chart that you sent to all of us is playing out perfectly. Which probably predicted this monster OPEX.

Good trading dear boris

boris said...

Dear Michael,
I am not really changing much Dollar Projection.

Where it is not always precise ( Dollar Projection) the WBR has proven more precise lately and according to that we need to have couple days , at least, of a stronger Dollar

Good Trading Dear Michael
Nevertheless, we keep our Additions to our Asset Allocation intact, so that should tell you that we are not ready to declare the rally over yet.

That could change though as other information is computed tomorrow.

xerxes said...

Dear boris...what was that fast 1% move up there in the S&P...No chance for antidollar to rally up...is this the new plan...only equities can rally...

boris said...

I guess so
Dear Xerxes,
That is a new plan

GOod Trading My Dear Friend
Good Night

xerxes said...

For Dear John:

City of Chicago layoffs looming\

Despite a last-minute bargaining session early Wednesday, two hold-out unions refused to agree to Mayor Daley's demand for cost-cutting concessions, paving the way for 431 members of Teamsters 726 and AFSCME Council 31 to lose their jobs.
AFSCME issued a prepared statement, saying its members rejected the mayor's demand for "what amounts to a 10 percent" pay cut by a 4-to-1 margin.

http://www.suntimes.com/news/metro/1666926,layoffs-chicago-deadline-071509.article

John said...

Xerxes,

Saw that and I just talked to my former partner. Typical government though, laying off workers while a bunch of over paid political middle managers keep their jobs. Just like the police department, they are down probably 2000 police officers but they have the same number of commanders, deputy chiefs, chiefs and assistant deputies and all of the rest of the nonsense. The police officer on the street is the one being shot at. Shootings at the police are almost common place this year.

boris said...

Dear John, and Dear Joe
Have provided these links

You know what my opinions are, now add this to form your own.

GS IN BALANCD

GLENN ON GS

Thanks Dear Friends Joe and John

boris said...

Dear Subscriber,
I am running late today on updates.
Please be patient, I will update soon.

Good Trading

xerxes said...

Good Morning Dear Boris...

boris said...

Dear Xerxes
Very Good Morning to you

My Computer started to act today.
Trouble all over.

Other than that it is nice day out.
Just can not even get up from my chair since wake up(:-

Good Trading Dear Friend Xerxes

boris said...

Dear Readers,
Sorry, Being late today.

Updated all tables, the rest will be updated ASAP.

GOod Trading Dear Subscribers

xerxes said...

Franc is weak this a.m. Dear Boris..

boris said...

Yes , indeed and soe are others to some extent.

Good Trading Deare Xerxes

John said...

Boris,

good morning to you


old john