Thursday, August 13, 2009

Frozen In Time And Space

1015.46 1019.14 1025.11 1032.54 spx 1002.18 999.94 996.26 990.29 982.8


The PCratio indicator, can often freeze in time, especially at that late stages of the bull run and that is where we are now. The Blue and Read oscillators are frozen/almost in time and space, moving sideways to slighely lower and it could stay there for a while

117 comments:

boris said...

Dear Subscribers

EUROPROJ3

Has been send to you.

Please let me know if you did not receive it

Good Trading Dear Friends

boris said...

Dear Xerxes,
Dear Michael,
Thanks for correcting me.
I have resend the EuroProj3

GOod Trading Dear Friends, Subscribers

xerxes said...

EU GDP down 0.1% with estimates having been a loss of 0.5%

xerxes said...

Paul Krugman paid 1,700,000 USD for a flat in New York's upper west side...Who says Keynesianism dosen't pay :-)

xerxes said...

Indiscriminate search for return is the reason bloomberg says that shares are rockin' Dear Boris...

boris said...

Dear Xerxes,
you want tell me that

Keynesianism - theft

works ha(:-

Now, it was the Keynes who said that Keynesianism is theft. It was him not me. I am just saying what he said.

He said inflation is a theft and keynesians want and support inflation and are therefor thieves.

So, this is all very simple

I thought we all knew this and there is no more need to explain.

Sorry, I will just stop.

GOod Trading Dear Xerxes, Readers

Good Trading Dear Xerxes

xerxes said...

Will these indiscriminate players be able to close the S&P 500 above 1010 today Dear Boris

xerxes said...

Antidollar seems a bit weak here Dear Boris...Maybe some bargains to be found soon...

xerxes said...

Cable past the 5th, relic approaching 5th, loonie near 4th, euro hit 3rd. aussie approaching 1st daily (why no hourlies Dear Boris?)

Are we set up for a complete rout of the greenback?

boris said...

Dear Xerxes,

Best I can do is predict.
If it happens do not blame me(:-
If it overdoes(:- , again do not blame me(:-

Good Trading Dear Xerxes

xerxes said...

Blanch from Merrill Lynch says that natural gas storage (USA & Canada) will be full up in a couple weeks and even though he expects the cash price to plummet to 3 bucks, he expects a snap back (no reason for that rebound given)

boris said...

Dear Xerxes,
Do you need a reason, why?


Here is one.

IT IS TIME!

Just like it is time on every 29 days for the moon to go full moon.

Just like every other 365 days the season that was then comes back.

Just like at 10-11 our bodies want to sleep.
You understand why now

In few days/weeks , it will be time.
Like some one rang the bell!!!!!!!!!!!!


GOod Trading Dear Xerexes

xerxes said...

Funny Dear Boris :-) GS will ring a bell, only we won't hear it right away :-) Looks like we're climbing a wall of worry...
The aussie always seems to be the most exuberant....The euro seems like a dog in comparison...Am I wasting my time Dear Boris...

xerxes said...

Initial claims...last time 550, estimate 540.......Continuing claims...last time 6310, estimate 6350

xerxes said...

USDCHF rallying while the loonie and the aussie party on Dear Boris...

xerxes said...

Cable hit 3rd daily Dear Boris and claims and retail sales haven't been released yet

John said...

Boris,

good afternoon

old john

xerxes said...

34rd or 4th daily for EURUSD today Dear Boris?

xerxes said...

Relic past 3rd daily

boris said...

Dear John,
Very good morning to you Dear friend

Good trading

boris said...

Dear Xerxes,
I guess we are having the blowout HA?

Good Trading Dear Friend

xerxes said...

EURUSD almost hit 2nd daily....After the numbers come out it will surpass it Dear Boris :-)

xerxes said...

Crazy Dear Boris...crazy...I thought they wanted a strong dollar :-)

boris said...

I want to take my prediction back.
THis is too good of a prediction(:-

I am denouncing my own prediction(:-

THat is it , if this madness is not moderated, I will never make predictions again and that will be it(:-

Markets will deserve it(:-


Good Trading All

xerxes said...

retail sales weak and claims increased

boris said...

You see(::::::::::::::::----

Now I was able to scare them and Dollar Recovered(:-

I do not believe , powers I seem to posses, GOD keep them with(:-

I feel, well , let us say

P O W E R F U L (: :)
Good Trading all

xerxes said...

Can you post hourlies for the aussie please, if you have time, Dear Boris

xerxes said...

futures got crushed

boris said...

Most Likely ,
I will,
Just give me some time to get organised
If you do not see it tomrrow remind me(:-

O K !
Good Trading Dear Xerxes

boris said...

As soon as you said EUR hit the second...

I knoew turn ( local) was close(:-

Good Trading Dear Xerxes,
You watch more things then I do.

You are the BEAST ( sorry meant BEST)(:-

Good Trading Dear Xerxes

xerxes said...

Thank you Dear Boris....EURUSD came close to 2nd daily and formed a shooter on the 15 minute

xerxes said...

We're just spinning here but looks like USD will sink again...

boris said...

Dear SUbscribers
Please See the EMINI148 at
DotNet

Good Trading Dear Subscribers

gorli said...

Dear Boris, can you resend the Euro projection to me?
thanks,
gorli

boris said...

Dear Gorli
DOne
My VERY dEAR fRIEND

Vishal said...

What is "CABLE" and what is "RELIC" ? Trading is hard enough without all the name calling :D

boris said...

Dear Vishal,

CABLE is BRUTISH and BRUTISH is the British Pound also called GBP

RELIC is another name for GOLD

Nemaste Me dost Vishal.
Just means thank you My Friend Vishal(:-

Mike Truong said...

Dear Boris,

The antidollar laggard you identified earlier is not catching up. Interestingly the strongest antidollar for this period has not declined much during the recent low, (its smaller cousin did even better). So now the question is do we wait for the leaders to come back or for the laggard to catch up. Either is guaranteed to create a huge movement when it does occur. The other option of course is for the leaders to stall out while the laggards grind upward. That would be the most boring options.

thanks dear friend,

Michael

boris said...

Dear Michael,
Indeed a lot of cross currents seem to be showing up in here and that makes tricky(very(:-) choosing leaders.

I think we have seen all kinds of plays from behind and front runs in this context and it may well be a good idea to see what is leading now( last few weeks ) and go with them until something proves ( over next 10 days) not working. I think thogh, I pretty much stand behind the Metals taking over sometime soon within the periods I mentioned, meanwhile it is pretty messy indeed.

Good Trading Dear Michael.
Not an easy job(:-

xerxes said...

Will they close above 1010 Dear Boris...They've been flirting for days :-) BTW, I couldn't digest the emini today; couldn't figure out which way was what :-)

Silver is getting pretty cocky here Dear Boris, flirting with 15 smackeroos as it is....Will they punish her soon as they need to keep the lipstick on the fiat pig lookin' fresh :-)

boris said...

Well, Dear Xerxes,
Mkarket seems to be playing the combod of Dark arrows and red arrows(:-
Pretty much, the Dark arrows have correctly predicted the bottom and Red arrows have predicted the top.
If we go and settl in the middle, it would be the one of the few times when both alternatives have played within the same day!(:-

Good Trading Dear Xerxes

xerxes said...

Tomorrow we got EU and USA CPI, USA Cap utilization and industrial production among other things...

continuing claim declined so that means that people's benefits have run dry...

550+k lose jobs and nobody gives a hoot; they just party on

xerxes said...

sitting on 1010

xerxes said...

They did it dear Boris...closed above 1010

xerxes said...

Good morning Dear Boris

boris said...

Good Morning Dear Xerxes,

Good Trading Dear Friend

boris said...

As always Dear John,
Provides very interesting information here.

Larry, DE Shaw, CDO's and CLO's

Good Trading very Dear Friend John

xerxes said...

Bloomberg keeps beating the drum that the bottom has passed, the recovery is real and strong, that loads of cash is sitting on the sidelines having missed the rally and waiting for an opportunity (meaningful pullback) to get in...
But unfortunately, it is predicted, that pullbacks will be short and shallow, so buy now or be forever, left standing in a cloud of dust :-)

xerxes said...

Bloomberg keeps beating the drum that the bottom has passed, the recovery is real and strong, that loads of cash is sitting on the sidelines having missed the rally and waiting for an opportunity (meaningful pullback) to get in...
But unfortunately, it is predicted, that pullbacks will be short and shallow, so buy now or be forever, left standing in a cloud of dust :-)

xerxes said...

Bloomberg keeps beating the drum that the bottom has passed, the recovery is real and strong, that loads of cash is sitting on the sidelines having missed the rally and waiting for an opportunity (meaningful pullback) to get in...
But unfortunately, it is predicted, that pullbacks will be short and shallow, so buy now or be forever, left standing in a cloud of dust :-)

xerxes said...

Bloomberg keeps beating the drum that the bottom has passed, the recovery is real and strong, that loads of cash is sitting on the sidelines having missed the rally and waiting for an opportunity (meaningful pullback) to get in...
But unfortunately, it is predicted, that pullbacks will be short and shallow, so buy now or be forever, left standing in a cloud of dust :-)

boris said...

Dear Xerxes,
Something of Bloomberg Cheerleading must have struck you too. Did you notice(:-

Why, else do we need to see this text four times. For those that did not understand once it does not matter anyway right?(:-

As my great/beloved Russian Language teacher in Georgia used to tell us.

For Deaf , they donot ring twice!

GOod Trading Dear Xerxes

xerxes said...

trade of the day, per bloomberg, dear boris ..... sell USDJPY ...

Rationale -- large coupon payments that are traditionally repatriated to Japan thus pressuring the dollar in favor of the yen ....

xerxes said...

All day long Dear Boris they repeat how the recession is history...This pollyanish talk has made me bullish as well, but not on the economy but on the euro :-)

xerxes said...

i noticed some trend changes dear boris

xerxes said...

breaking News: Spanish 2Q GDP contracted 1%....czech declined 4.9%

EURUSD yawning Dear Boris...

Mike Truong said...

dear Boris,

I looked at the chart of HYG and notice how well it had correspond to the US equity market. So unless there is another failure of LEH magnitude or a major financial crisis reappear, it look like we are in for another nice rally soon and maybe a leveling off, ie. stocks ranging instead of the zigzags of 2007-2008 and early 2009. Is this the reflation trade in action?

PS I notice that we hit a high on AUD earlier in the day/night that was the top in 1992 i think. Just interesting. AUD is getting ahead of themselves aren't they?

Good trading dear Boris.

Michael

boris said...

Dear Michael,
I am willing to look at any and all relationships. AUD stocks, HGY stocks etc.

They are all looking bullish
NO DOUBT right now.

And frankly not much happened that was of surprise to us. Perhaps the strength of the rise was a bit of a surprise and we have been

LIMITED to 120 and 70 POINT

gains at a time in SPX(:- and total over 300Pts. Now that is not as good as 350 points market is up, but considering I do not want to be a buy and hold investor, that is great. I will take 2% underperformance in bulls market and stay mostly out in 50% declines in bear markets. Also, there is no way one could have been in for 50% gain unless one practically was riding the decline all the way down and by default were in at 666 ( 100% invested). Ok all of that is BS. We must do what we must do(:-

But such are the markets, such is me. I am never entirely optimist and trusting of anything, even my own predictions , which have done somewhat better than I did myself.
(:-

Good Trading Dear Friend Michael

boris said...

Dear Xerxes,
Michael,
All,

I will be out for couple hours.
Please continue posting thing of common interest.

I appreciate your presense here

GOod Trading Dear Friends

xerxes said...

Hong Kong GDP 2Q increased 3.3% therefore the recession is over; the recession is over in Germany, the recession is over in France

QED

xerxes said...

Nat Gas inventories are soaring, per bloomberg

boris said...

Dear Xerxes,
Good Trading to you
Thanks Dear Friend

xerxes said...

Numbers coming in a few minutes...Seems like the whole world is positioned short the buck...they gonna let everybody to get rich Dear Boris....

boris said...

I hope so Dear Xerxes,
Rich people are good.
They throw Bone from time to time to poor people like US(:-

GOod Trading Dear Xerxes

xerxes said...

I'm not so sure about rich people being so great Dear Boris...Most got rich because of successful rent seeking behavior or some similar advantage...Without those advantages/contacts, they'd be living on the other side of the tracks.....

boris said...

Dear Subscriber
Please note that we hav uploaded the EMINI149
On DotNet

boris said...

Well, Dear Xerxes
How about Dear Gates, he did not do anything bad to get rich did he?

How about Buffet the great Warren?

Well, I have some ideas, but dear reader has to wait or read my past writings about all of this(:-

Good Trading Dear REaders

xerxes said...

Buffet is a rent seeker and all his wealth comes from unfair advantage..
i don't know about gates....

industrial production and cap utilization were better than expected and no action...what's the sentiment now dear boris...

xerxes said...

green arrow is scarey dear boris

boris said...

Dear Xerxes,
Gates Advantage comes from even more direct attack on freedoms of people to use whatever software they like. He has managed to escape many antitrust cases when he crashed UNIX(all variants , and then all browsers and application writers, as he first invited them on his windows platcorm and took advantage ( via kernel inside enhancments only for appls microsofts own that compted with the applications of third parties , fucntionalities of whom they copied, VISICALC anyone, Browser anyone, remeber NET(no)SCAPE?).

Only no EUROOPEANS ara able to finally force Microsft to offer other rowsers at the same level as their own. Remember USA did not bother with any of this, because when USA wants wants(ed) to dominate world , it will let people like GATES become monopolists, same way as it let Coke ( Water and Sugar) become Monopolist on the world scene.

YOu get it now? both Gates and Buffet are monopolists, for whose HEGEMONY we pay our armed forces to inforce. Of course these hegemons then move the jobs away from USA to become richer as we keep their hegemony going.


HUH!


Gates, wan the war operating systems by making secret the BIT FORMATS of their files , so the compatibility was impossible fo rother Operating Systems( UNIX variatnsts) or Application developers to plug in easily and write competing software.

That is how Bill Gates became Billioner, beyond the pure inital luck of purchasing DOS for only 17000 bucks fro the proprietor!!!!!!!!!!!!!!


Good Trading Dear Xerxes

boris said...

Even more tacit way these genglmen became billioners is by debasing the American workers pay and american dollars worth. As they sought to devalue dollars and increase thier earings by selling into more expensive currenices, increasing profits


TOTALLY artificially

On the backs of USA workers and retirees

HUH!

ANybody that does not get this is , in my opinion just too stupid to understand anything

Good Trading Dear Xerxes

boris said...

Market is breaking too much, I think to be able to come back to the more optimistic paths

Good Trading Dear Subscribers

boris said...

If it has the chance to come back , it better do it pretty fast.

LIke next 1 hour

GOod Trading Dear Subscribers

boris said...

Market maybe a buy with the yesterdays low as a protection and go short proposition

GOod Trading

boris said...

I do not think this is a good sign
SPY just made new low below yesterdays

Good Trading

boris said...

Dear Subscribers,
Please note,
On the EUROPROJ3 you got.
Look carefully. Today had to be a minor turn, even though it is not marked, the braeak lower for a day or two is clarly indicated. Now, if it turns more than a minor and market takes out 11th lows ,

W A T C H OUT

Good Trading Dear Subscribers

boris said...

Remember SRS chart on DotNet

It , tecnically looks like it has broken the N$S upwards, For it to be complete, One would like to allow 7-10% above the supposed nack, which would be 12.50+ 1.60=14.10

Now, that would be almost guaranteed unbrakable H&S break. And that is about 1.30 cents away from here

Good Trading

boris said...

Ok, now,

Everybody that has a copy of EMINI149 , take a good look.

The Knife like penetration of the lower side of Vxxxxxxx as described there is exactly one instant sign that the normal paths will not cut, there is an abnormal path, most likely, in making and you would, I hope know , which side that abnormality looks now, even though, My initial assignment was not very probable, but also explained that it will become very probable ifxxxxxx....

Ok, just look at the picture and you will know how those conditions look when improbable , all of a sudden becomes a "LOT MORE " probable

Just education part here that is all

Good Trading Dear Subscribers

boris said...

As I explained then, now it is a game with time, more time we spend under the Breakdown point more

UNLIKELY it will become , that
Market
RECOVERS!

GOod Trading Dear Subscribers

xerxes said...

and market takes out 11th low..

what's that number dear boris...

btw, the trade of the day was quite profitable dear boris but i didn't sell usdjpy unfortunately...

xerxes said...

You weren't too clear to me dear boris....how do you see things unfolding here

boris said...

11th is when market made the early TOKYO Low is not it Dear Xerxes?

Ok, next clear.

I thought you would have noticed now , how I structure my probable events. Where the Dark arrow was supposed to turn up (you know where that is do not you Dear Xerxes) and did not and knifed through it it has created the larger probability of the abnormal path below it is now more/muchmore likely than it was initially stated and conditions where given to you clearly. Ok, please reread the chart and remember that that is how you need to read any and all charts in the future. Those places where arrows and and new start are important break points and they become reinforced by the times market spends below/above them.

I am not sure I can be clearer than that Dear Xerxes.

Good Trading Dear Xerxes

boris said...

Ok,
I meant ,

Those places where arrows END or START , are important break points...

GOod Trading Dear Xerxes

boris said...

In our particular example, once the market reached the Dark arrow down tip, it did not stop and fight the market, ( actually it only stopped for a very small time) then broke it nad broke fast and went 4-5 points relentlessly fast and that still lef the of of some turn, and that was broken hopelessly as well. I do not know hoe can you mistake these facts or the explananations/conditions I place on where the breaks become important. They are clear. Maked on the chart with arrows. YELLOW area, Yesterdays/Low/HIGH( always), Dark arrows ( preferred path ). This is all marked and values are listed in numbers.

I do not think I can do any more than that to give you sense about the points between/byond which markets can bounce.

Ok, Dear Xerxes

Thanks Dear Friend

John said...

Boris,

My email is down for some unknown reason - the third 5 minute QQQQ low is always out of order.

old john

boris said...

OK, so that everybody understands
I repeate one more time.

We take dare arrows as preferred path.

Now the Dark arrow initially stopped around the bottom of YELLOW area. And there it was, to chose between the Yellow ARROW path lower or Dark arrow to retrace back. Just like the fork in the road.
The bottom of yellow are was clearly indicated in numbers.

Market knifed through that which, now made the Yellow Arrow a lot more probable than it initially was. Now , nobody can/will force the market to trace the Yellow Arrow completely, but it or part of the Yellow Arrow path have become a lot more probable. And will become more and more probable as time spend below the YELLOW area is larger.

Ok, That, really, is the best I can hope to explain this ( but I assumed that with so many exaples given before now 149 exactly) this was, clear(er)(:-

Good Trading All

John said...

Boris,

I got it- if my amateur brain understood it then >

old john

boris said...

Dear John,
Good Catch.

I had a formula mistake( TYPO) in the excel spreadsheet.

So, fixed the number is 39.50 I think, but can not be sure.

On next calculation( tomorrow morning) though it should be golden.

THanks Very Dear Friend John

Good Trading

boris said...

Just so that we all learn.

The real telling sign of a trouble( even if temporary) was that market did not fight that Bottom Yellow Area much and gave up easily.

Yes, that was the first sign that gave the Yellow Arrow ( green light so to speak(:- )


Good Trading All.

If things are not understood, because I assume they are, please ask.

So, thanks to Dear Xerxes, that he said.

Hey Boris you are not clear!

Great.

Now we hope it is clearer.

Good Trading Dear Subscribers

boris said...

Just so that this becomes engraved in our brains.

Market not only did not fitght at and around Yellow area bottom ( it slid 4-5 points from there very fast). That showed that there was absolutely no point sacred to big sellers at that point, there were not about to take profits , until they pushed the market where they wanted to.


So, the market did not give any fight within the Bottom Of Yellow area +-3 points. Just like a boxer that puts the hands down and waiting for inevitable nock out.

No, FIGHT at all

Why is that, because all the declines happened so fast , there were no resistance at all.

OK, These are kind things that trader learns to notice.

When finally the Yesterdays low on SPY( cash spx almost, ETF) happened it just sealed the faith of the move lower.

As I said then and will comment again. At these kind of times, you literally cound, 5,10, 15, 30, 45 minues and if the market is not fighing back you know shorts are in trouble

So, you feel the interplay of time and price here

Good Trading Dear Subscribers.

Dear Readers, Sorry we can not give away our points / prices, but all we say here , is in principle totally applicable and useful to your thinking as well

Good Trading all

boris said...

No, SHORTS ARE IN CONTROL
LONGS ARE IN TROUBLE,

IF I CAN SAY WHAT I WANT TO SAY(:-
In reference to above comment

Good Trading

gorli said...

hi boris, regarding your comments on "monopolists"-gates and buffet-, do they get any credit for giving most of their money back to society? how many others in the history of humanity, do you know?
gorli

boris said...

Dear Gorli,
Sure,
I would be amiss if I did not point that out.

But, Does , theft , justify giving?
Especially we know that they do not give nearly all. They live more than comfortably, before they give away. Dear Gates has 100 million dollar ECOLOGICAL DISASTER called home(:-

But I digress, really important answer to your question is this.


LET PEOPLE DECIDE WHO DO THEY WANT TO CONTRIBUTE THEIR DONATION. IT IS PEOPLES MONEY IN THE FIRST PLACE. And someone accepts that premise, then that someone , like me would say, OK, good for them and good for recepients, but who is GATES and WARREN todecide where my money goes?


Of course if one refutes the idea that it was/is my money to begin with then they are saints!!!

GOod Trading Dear Friend Gorli

John said...

Biggest scam artist- Gore.
Global warming while he has a 15000 sq ft house in tenn.
Jets around the earth
limos all over the place
People actually fall for his BS- I am not challenging global warming- just that if you believe in it, act like you do.
Made millions off his act.

boris said...

No argument there Dear John,

Of course the biggest Greenie Dearest Nancy Pelosi, needs the huge twin engine to run between the cnstituents who will sell you the green products at the end!(:-

Good Trading
Dear, Very Dear Freind John

Vishal said...

Its is amazing how few think like the posters on this blog.

I spoke to some rich folks yesterday that actually think "cash for clunkers" is a good deal for America.....I guess they understand bread and circuses or some version of that :D

Thanks for a very interesting discussion guys

cheers

John said...

Vishal

Makes sense to me- government owns the company- government takes money from me- gives to someone else to buy a truck or suv ( sales #s state- many trucks) from the government.
All the while I drive a toyota corolla. But in the end I will win just as I did when I paid off my house very quickly and avoided all the nonsense.
My attitude -F%#@ them

old john

boris said...

Dear Vishal,
You know me long time.
Long time you are among Dear Friends of this blog. Have you ever seen I deny anybody to say whatever they wanted to. Never. I may have had thought couple times, but I rejected it at the end.

Never , I denyied anybody to say whatever they think.

I went and argued with CERTIFIED liberals and SOPITALISTS at the Dr. Reichs blog.

Nobody was ever able to win an argument with me.

Not because I am so big and geniuous.

No, but because my arguments at the end are simple.

As a Nuclear Phisicist versed in deconstructing the physical world,

I approach the humen thinking the same way.

Any and all argument can finally be reduced to basic question.

Like Dear Gorli asked...

Do I give the credit to Buffet and Gates and...

My answer is simple.

Somebody tell me that money they distribute is not peoples and obtianed in FORCEFUL/SOPITALISTIC ways, and I will give them all the credit.

I bet you not too many people would want to argue with me that BUFFET and GATES ( never) used the UNDUE influence to get themselves positioned at the food chain of government largese...


That is it. That is the way I argue and it alwyas wins, because, it is natural and clear with me. I think in pure terms not convoluted that are even confusing to begin with and definitely unusable to comprehend the world.

In any case.

I am not all capable and all anything. I am willing to take anybodies argument to prove the opposite point of mine and I may even thank the person if and when I lose.

I may learn something in that loss

GOod Trading Dear Vishal and
all readers

boris said...

Please , all readers understand that I am not somebod living in glass house of theoretical world where government is so pure that it never performs anything " a lobyst" may desire.

I have , in fact received the goverment largese,

I was educated free all the way thrue my Doctorates in over three countries and continents.

One can argue, correctl that I have received the gov largese by getting ahead of others when opportunity was offered( I was clearly talented and offers came)

Now, government by definition , I am not stupid ha, is a larges to somebody. That is why somebodies have spend lot of money to have "representation" in Washington.

So, the question is really, where do the lines of fair representation and fight for constituents become the Bribary???


If I could anser that question(:-


I do not know , frankly, but I think it can be traced ( in pure economic terms) in how many days a person has to spend to pay taxes.

At the simplest level( is this is ismplified), the fairness of a country , society can be measuerd by amount of taxation.


It is the amount of taxation that deliniates between the fair share to Gov and Fair share to individual.

Therefore it deliniates the amount of freedome the person has.


I can only tell you that we have IN USA gone way to far, from that point where I could consider the taxation ( overt and covert... OIL is pure taxation(:- ) allowing the fair amount of freedoms for individuals.

GOod Trading All

boris said...

I must be more precise.

The freedom of any country , society needs to be measured in the amount of days per year and individual spends to pay taxes.

And here is a correction.

This number needs to be derived for people whose salaries are below 70% of the income scale.


IN another words, I acknowlege, like every sosciety has that there is a need to have measures in for progressive taxation. Just like there is a need , yet unfulfilled for companies not to be able to grow beyond certain size.

There should be no need to ever bail anybody because the society should allow any group to become big enough wealth wise to be able to take the countried financial ans socila fabric down.


Yes, Marx lives in my understanding of economics, but not as a savior philosphy ( which is how we practice in USA) but as a prevention philosphy.

In this thinking Greenspan would have never allowed Bubbles to build , and then bail them out.

In fact he at so many points refused to accept the idea that bubbles can/should be stopped.

And now he said "yes, I trusted market forces too much".

BS.

He knew all along that too big to fail was created amongst US , every day.

We called Him Mastro and we seem to be on our way calling Bernanke saviors , when all they really are firefighters coming after letting the fire build rith in front of their EYES.

Can you stomach the Analogy.

It is incredible that anybody tat puts the things that way is totally drowned by the CORRUPT/SOPITALIST media

(:-

John said...

Boris,

I think I related this story to you before and one of the reasons I moved.
In Chicago a couple of years ago they put a .05 tax on bottled water along with the 10.5% sales tax. If you had bought a case of 24 bottles of water for $4- the tax would $1.62 for a $4 purchase- that is not tax- that is theft

Old john

boris said...

How can I argue , Dear John,
Yes, indeed.

That is a theft.

Good Trading Dear John.

xerxes said...

Dear Boris, when do you think the storm will end and we can go back to selling obamabucks :-)

xerxes said...

Seems like the franc is one tough cookie Dear boris....will it last?

boris said...

Obamabucks

I like that (: :)

Good Trading Dear Xerxes

boris said...

Dear Xerxes,
I give so much material related to this question that I should expect you to give me an answer to that question.

(:-

Could you please take a relly Good Look at the EUROPROJ3 and figure out where the next low maybe according to that thing(:-

Good trading Dear Friend Xerxes

boris said...

Dear Xerxes,
I give so much material related to this question that I should expect you to give me an answer to that question.

(:-

Could you please take a relly Good Look at the EUROPROJ3 and figure out where the next low maybe according to that thing(:-

Good trading Dear Friend Xerxes

boris said...

FRank!
Frankly, may well be the most resilient currency on the next Dollar strength. In fact, I may have said already that it may/will outferform most majore currencies into Dollars upcoming strenght( you know where that is likely right Dear Xerxes(:- , if not look at europroj3 and DollarP).

Good Trading Dear Xerxes,

Sorry, what I say is not for today, it is just a comment over larger period of time(:-

xerxes said...

I thought metals would outshine the euroland currencies including metals Dear Boris......Yes I know the chart materials Dear Boris have the clues but, but, but, I need to ask anyways :-)

boris said...

Dear Xerxes,
Unfortunately the Metals over Euros is not something you can get from the charts I provided to you.

Too dificult and practically secret(: seriously now.

I usually do not give those kind of things to anybody ever.

I do give advise to subscribers when time comes, but this information is to DEAR to me to ever sell it up front.

So, Yes , I told you that the Metals will take over, but time has not come yet.

We need to wait for it.

Not that I am god and can tell you exactly. I can not, but the best of my estimation is that Metals should suffer first for few weeks before they will come in prominence

Good Trading Dear Xerxes

boris said...

Meanwhile I would advise all subscribers to look at JPY aps AND NOTCIE ABSOLUTELY INCREDIBLE EVENT

( THIS HAPPENS ALL THE TIME(:- )

jpy HIT FIFTH AND SINCE THEN
Stocks seem to have stabilized

Good Trading Dear Subscribers

boris said...

In the above comment, I should have said

METALS SHOULD SUFFER FIRST
===> in relative terms!!!

Before comeing back to priminense

Good Trading

jimww said...

Dear boris great comment on the yen , it makes sense now why the s&p did not show any fear. Thank you and have a nice week end.

boris said...

Dear Jim,
Thanks.

Good Tradiang Dear Friend

xerxes said...

Maybe this is a bit long but revealing, to me anyways...I purloined this from an article posted this weekend on lewrockwell.com:

Furthermore, I drew up the following scenario over 30 years ago and no one had the courage to repeat it. "Three men were born in the U.S. on the same day. One was Caucasian, one was Hispanic, and the third was Black. They all had similar jobs during their working life and hence paid maximum into the Social Security scheme. They all achieved retirement age and drew their first SS check. But, one month later the Black man died. It is a statistical fact that Blacks don’t live as long as Hispanics and Caucasians. You can pass all the laws you want to and you can’t change that fact!

The next month the Black man’s widow died. How many times have you heard reports of one spouse dying and the surviving spouse dies shortly thereafter? I read an extensive study lately about the effects of loneliness on longevity. It is real! What happened to all the money the Black man paid into SS all of his working life? The fact is, it doesn’t exist! That money has already been spent by the US government and worthless IOUs are put into a file in a cave in West Virginia. There is no money in the SS Trust Fund!

The following month the Hispanic man dies – and the month after that his widow dies. What happened to all the money he put into SS? Same thing – it doesn’t exist!

The net result of the foregoing is that the money the Black man and the Hispanic man paid into SS goes to sustain the Ponzi scheme for a few more years for the benefit of the White man’s widow – because they outlive the White men. Please tell me how long that scheme will last when everyone catches onto this fact! This is totally unfair and is a sterling example of the Law of Unintended Consequences that is the hallmark of every government program.

boris said...

There is no doubt that there are many such

UNINTENDED

Consequences in our lives today.
And these will grow even more as government takes more more of our freedoms

GOod Trading Dear Xerxes

boris said...

Dear John,
Send us this info

Chicago Closed

Yes, that can happen!

Thanks Dear John,

GOod Trading My Dear Friend