Tuesday, July 28, 2009

No relaxation for bulls, but a bit less danger

09:15 ET
DUG, which was recommended publicly to be purchased yesterday is up about 2+ % this morning, pre-open trading. OIL and GAS futures are both down. ON NYMEX exchange. Please place no loss stops and let it ride. There is no reason why you should risk a penny on this trade
ENJOY
10:24 ET, Please Sell , at least half ( if you have large position) IN DUG and pokcet a 4% gain. Keep the stops for the rest at no loss stop loss.
11:17 ET, DUG now up 5.2% in less than 3 hours trading , after purchase at close yesterday.

60 comments:

xerxes said...

Dear Boris...nice move in currencies today so far...Any equity pullback we may get will likely be shallow I think...If so EURUSD may not get below 1.40xx...Eo ipso, why sell antidollar?

boris said...

Dear Xerxes,
I am awed, with how well is this following the DollarProjection(DP)

Please do not mention details of it on line.

Thanks Dear Xerxes, You maybe correct. Look at the predictios often though(:-

Good Trading
Dear Friend Xerxes

xerxes said...

Dear Boris...Even a broken clock is correct twice a day :-)

boris said...

Who are you calling broken clock(:-

Shame on you Dear Xerxes(:-

xerxes said...

Dear Boris...Bloomberg keeps harping on the inverse relationship between the buck and equities...Secret is out ;-)

xerxes said...

Dear Boris....I'm the broken clock :-)

boris said...

Yeah, Dear Xerxes,
Like Bloomberg announced to the entire world how the head and shoulders is not for dandruff(spelled correctly?) any more, but for bears to get the big shtick as soon as they take a byte(:-

Good Trading Dear Xerxes

xerxes said...

The CEO of Stratfor was talking just now and he said that America's biggest export is unemployment..There are riots going on in China now as factories that export to USA are closing down and management is being murdered (old story but more and new deaths); The Big O is telling China that they are our hostage, not the other way around, and according to this guy, China knows and acknowledges this...

He says that USA doesn't worry about Russia as their economy is so weak....

Conclusion....Buy EURUSD Booommm :-)

boris said...

Dear Xerxes,
As someone followin economics and all around economics, I agree with BIG O, that we have CHina by the balls. If they refuse to play with the balls we provided(:- then we can take the balls and declare no play. Tell Our friend s in The Arab world to jeck up the OIL prices and deny China

1) the export market ( USA)
2) make the OIL prices so high that the energy cost input is higher than the human input cost, which will collapse Chinas economy and all other economies , which are not energy abumdent.


Now YOu will say, so USA will die too, we can not survive the $500 OIL.

HAHAHAHAHA.

We have more Natural Gas to last us 100 years and even more COAL to last us another 200 years and we do not have to import anything from OPEC either ( we just have to create a little chaos in OPEC countries to make the OIL go to $500)


DO you think China Does not know that. They try to be smart about what is going on... But until they find their own energy independence, they are resigned to play the Balls USA provided(:-
I am not saying this , to denegrate the great CHinese people and/or culture. I am just stating the facts. And What If chine bombs the Dollar?

God forbid, as it is they are hanging in eith their Dear Lives to keep RENMINBI down NOT UP!!!!!!!!!UP!!!!!!!!UP!!!!!!!!!!
I do not need STRATFOR to tell me that EURO is in the same PILE OF SHIT and totally dependent on USA/RUSSIA for energy.

But you see Dear Xerxes, at the end none of that matters and THE BOYS at STRATFOR know no S... about how the (finance) world really works.

Being the worlds Central Banker BERNANKE will print Dollars to GREESE the world economies, and that is exactly all other Counties want him to do, to get the ECONOMIES going, but at the same time they want STRONG Dollar for their exports!!!!!! HUH!!

So much contradiction():-

Dear Xerxes, is not it easier for you to read my Dollar Prediction and leave the Mandarine to Chinese(:-

And Brasisilan to Brasilians. And Hindu to Indians.

Dear BriC Residense. I have thousands of friends all accross BRIC. I love you all. I just say what I see. Let us make money and leave the driving to POLITITIANS



Good Trading Dear Xerxes.

boris said...

And I forgot,
Leave the RUSSKEY to me.

Just read my charts(:-

Good Trading Dear Xerxes

boris said...

I think Brasilians talk
PORTUGESE!

Leave that to them, even as I know you are (almost?) fluent in SPANISH. CLose!

xerxes said...

Dear Boris...We have a duplicate AP chart on dotnet...We're missing daily AP's for the relic :-)

boris said...

Dear Xerxes,
You see now what my real problem is(:- ?

I can (over)analyse every corner of the world, but I can not cut and past like a real man(:-

Shame on me Dear Xerxes and thanks a lot for uncovering my freakin error(:-

GOod Trading Dear Freind Xerxes

xerxes said...

Dear Boris...I got you all fired up :-) And, yes, it is easier to read your charts than it is to master the nuances of geopolitics :-)

Wanderer said...

Dear Boris,
Good morning.
Thanks and good trading.

Bert

boris said...

Dear Bert,
Makes me happy to see you with us
today.

Good Trading, My very Dear Friend Wanderer/Bert

Wanderer said...

Dear Boris,
Thank you.
I am happy to be here:)!

Bert

boris said...

Dear Xerxes,
YOu know what fires me up right?

When talking heads of all kind ( that includes the friends at STRATFOR) are trying to analyse things that seem to be over their heads. Where they seem to have real problem connecting the dots, cause the facts/numbers are only that facts and numbers.

They way they play and can play and are prescribed to by playing( this last one requires EMPHASES) is know to only few who have discovered the the connecting lines between the facts and prediction of events that lead to these "facts" ( i.e. ability to see tomorrows facts todaY).

That is what I seem to have been given. Do not know,As I said, and do not know when this ability will be taken away from me, but till I have it, it will always fire me up to see the talking heads try to make the ends with totally conflicting information and set of facts/numbers.

That is how the world seems to be sesigned. That is why the biggest PHDs seesm to have even less ability to understand what in the freakin world is going on.

That is the world as I know it Dear Xerxes. It was not that way for a very , very long time and I was the same PHD talking of the boths sides of my body.

So, I know , what I criticise(:-

From personal experience(:-

Good Trading Dear Xerxes

xerxes said...

Are we starting the retrace of the move up from 870 Dear Boris...

boris said...

Dear Xerxes,
Look at the DollarProjection and you will see what we are doing(:-

If you insist, NO, I do not think so. I do not think we are going back to 870, not any time soon, but we shall change our mind when the time comes.

Good Trading Dear Xerxes

xerxes said...

I didn't say return to 870 but just a retrace of the 870 to 985 move, perhaps 30 points or so before the bull returns...

boris said...

Ok,
Understood.
You spoke about retrace.

Yes, that one is me adderessing issue that was not posted to me.

(:-

GOod Trading Dear Xerxes

boris said...

OIL and GAS futures are both indicated down and the DUG is indicated at 16.55 up about 2.5% or so this morning

YOu can already make the profit on yesterdays DUG RECO.

Just place no loss stop and let it ride.

Good Trading All

boris said...

Dear Xerxes,
Do not regret. Gold is already almost where you sold it(:_

Good Trading Dear Xerxes

xerxes said...

Wildness Dear Boris...Will the relic hit 3rd daily?

Wanderer said...

Dear Boris,
I have yet to receive the emini chart for today.
Have you sent it out yet?
Thanks a lot.

Bert

boris said...

Dear Wanderer,
I am sorry, having problem with the chart, but have already send the verbal discription of what the levels are to watch.

I will try, but looks like Esignal has problem getting to me reliable data today!

GOod Trading Dear Bert.

Please use the text I have send. If I do not succeed

boris said...

Watch the EMini and the Support area, given in my email. About VB

Good Trading Dear Xerxes

boris said...

Have you all received the text emails Deaer SUbscribers?

Good Trading

xerxes said...

Bupkis Dear Boris :-)

Wanderer said...

Dear Boris,
Nothing here yet either.

Bert

boris said...

OK, see update text at DOTNET SITE
please

boris said...

Another update at DOT NET

boris said...

Updates on Dot Net site

Wanderer said...

Dear Boris,
Thank you.
Good trading.

Bert

boris said...

Dear Bert,
Welcome,
Sorry,
Today things do not seem to working exactly as desired

Good Trading Dear Bert/Subscribers

boris said...

DUG up 60-70 cents from recommended prices(purchase) yesterday.

Keep it going. 4% gain in Less than actual 1 hour of open market trading.

Not bad, not bad!

I wish I could do this all along(:-

Good Trading

xerxes said...

All this action in EURUSD Dear Boris and we're back to yesterday's open :-)

boris said...

We, knew we were in a trading range for a while did not we? So, Yes, in accordance to what DP says. We should not have Dollar go to MOON here?
Good Trading Dear Xerxes,
At least not yet!

xerxes said...

Dear Boris...BP CEO says he doesn't see any pick-up in demand...So why is crude so tough? But you knew that already :-)

boris said...

Thanks Dear Xerxes,
Thank you for givinmg me

C R E D I T(:-

Good Trading Dear Friend XERXES.

It is because GS/BS wants/hasto make money!

WALLA!

Good Trading

xerxes said...

You're welcome Dear Boris...If the BP chief says there's no demand then how much higher can they drive equities...Well maybe a lot higher but it will need to be a fast move, or so it seems to me, before the wylie coyote moment :-)

boris said...

Dear Xerxes,
Do you still regret selling your gold at 948?

Good Trading Dear Xerxes

boris said...

DUG up 5.2% in less than 3 hours of trading. Bought on the close Yesterday!

HALLELUJAH!

Good Trading

xerxes said...

Dear Boris....Yes, I do regret it as I should have cashed out at 957...I left too much on the table :-) ...

xerxes said...

Damn EURUSD won't crash Dear Boris :-)

boris said...

Dear Xerxes,
Well, you have a chance to make it again.

Remember rule number 2 of trading at ANTISOPITALIST

Never worry about the opportunity that passed. Nex BUS is coming.

Good Trading Dear Xerxes

Mike Truong said...

Dear Boris,

What are your thoughts on Starbucks? I used to like going there but I find the atmosphere somewhat staid and pretentious. Now a day I just go to my local vietnamese coffee shop, have a nice cup of strong coffee, unlimited ice tea, and pretty girls (in lingerie) to look at (sort of like hooters). Anyways the stock is tracking the move of the broader market even though it would seem that paying 4-5 dollars for a cup of coffee seems kinda strange in this environment. Very interesting

Good trading to you dear boris,

PS. You are correct again on DUG. I didn't mean to say that you weren't but that you had some doubt about the timing at the end of the day yesterday. Interestingly this is the second time in a several of weeks that your initial observations has been correct even though you had some reservation on the observations during the initial stage of the rally/selloff etc..

boris said...

Dear Michael,
You are correct, You always find me sort of undecided.
But indicision is not crippling, it just scontrols my excitment level not that much the desire to act, when I know I must act.

That is something you could not see few years ago in me(:- . Thank god it is there. It is sign , to me, at least, that I have grown up and see the MINUS, where I see PLUS as well.

Now, that this out of my chest. Next about Startbucks
GOod Trading Dear Michael

Vishal said...

Lattes at SBUX are 4-5 dollars. but u can have a large cup of coffee for 2 bucks and change. Not much more expensive than Dunkin....The new McLattes may be competition though.

boris said...

Now a day I just go to my local vietnamese coffee shop, have a nice cup of strong coffee, unlimited ice tea, and pretty girls (in lingerie) to look at (sort of like hooters). Anyways the stock is tracking the move of the broader market even though it would seem that paying 4-5 dollars for a cup of coffee seems kinda strange in this environment. Very interesting
Says Our Dear Friend Michael.

Great!

I never understood this BS of 6$ coffee, either!

But to the the stocks SBUX.

Investor public has no clue, you know this Dear Michael(:-

On a purely techincal bases my very dear freind it is a sell at 17.70-18.10 with a 20cent protection.

Good Trading Dear Michael

boris said...

Dear Vishal, thanks for updating me,
I have not gone into starbucks last 5 months, since I returned from USA trip, but in a local YAPPY cafe, I pay 18 SHEKELS , which is almost 5 Dollar for Frapuchino ( ice cafe the call it here). So, there! in a country where the average salery is less than $1800.00 a month!

Good Trading Dear Vishal

boris said...

If you did not take some/most profits in DUG, I suggest that you do it now!

Good T rading Dear Readers/Subscribers

jimww said...

Dear Boris Great public call on dug......Any thoughts on long term price of oil? I smell a deal with the chicom's to lowerprice to 54? Jim

boris said...

Dear Jim,
Welcome,
I would love, but can not really get into more details on OIL or any other investment , as this would be anfair to our subscribers who pay for such information.

I have no problem with occasional Public Calls though.

Good Trading Dear Friend Jim

jimww said...

Dear Boris I understand your obligation to your subscibers, no problem at all. I do think that the whole energy complex is going to get crazy on both sides as they try to limit large positions,the government is mucking things up again.

boris said...

i AGREE dEAR jIM,
aND PERHAPS

dEAR bROTHERS FROM

GS

Are perparing to go short!

Good Trading Dear Jim

jimww said...

Dear Boris GS is the empire with Paulson as darth vader and little Timmy Geither as the emperor. HaHaHa.

Vishal said...

I used to read this forum where everyone compared Paulson to Skeletor.....ha ha, thanks for putting a smile on our lips Jimww, cheers.

xerxes said...

Dear Boris...Good morning once again :-) All my computers are crashing/falling apart today....

More antidollar selling on tap for today?