Wednesday, August 12, 2009

Pink Is winning the battle over red and blue(:-


49 comments:

xerxes said...

Good afternoon Dear Boris

boris said...

Dear Xerxes,
Good Afternoon.

Good Trading Dear Xerxes

John said...

boris,

good afternoon

old john

John said...

boris,

good afternoon

old john

boris said...

Good Afternoon Dear John,
Of course, afternoon is here
(:-

YOu have a good morning very Dear Friend.

xerxes said...

10 year auction today, ard 20 billion

boris said...

EMINI146 on the DotNet.
Enjoy

Good Trading Dear Subscribers

xerxes said...

Dear Boris...From an EW point of view, looks like we finished a first wave up from 870 to 1020, the first wave of a 5 wave move that should get to the 1100 to 1400 you once mentioned...It looks like we started a corrective wave 2:
24% - 984.....38% - 963....50% - 945...62% - 927....It is even possible that wave 2 ended today already as we got close to the 23.6% retrace...

boris said...

Dear Xerxes,
Thanks a lot Dear Friend.

Nice numbers. Yes, we jumped like crazy from TOKYO lows and our turn date, ah( subscribers know where it is!)

Good Trading Dear Xerxes

xerxes said...

Looks like the crude inventory build may have sapped the energy out of antidollar Dear Boris

boris said...

See Alert at DOtNet
Good tRADING dEAR sUBSCRIBERS

xerxes said...

Bloomberg says to buy the buck before the fed statement

boris said...

Another Alert expressing more current view of things

On DotNet

GOod Trading Dear Subscribers

xerxes said...

The loonie has absolutely demolished the buck today...2% move from the low already

boris said...

Please look at the SRS chart on DotNet

Good Trading Dear Subscribers

boris said...

Please see the EMINI update on
DotNet
GOod Trading Dear Subscribers

John said...

Boris,

considering the run up, would think srs would be lower

old john

boris said...

That is my thinking too, but
market is good at creating diversions , is not it?

Good Trading Very Dear Frien John

John said...

Boris,
When I grow up I want to be a detective.

old john

xerxes said...

it is said Dear Boris, and it must be correct, as i heard it on bloomberg :-) that H&S patterns work out 93% of the time, only 7% failure rates....Failures get called Hounds og Baskerville signal, from a Sherlock Holmes piece....So you are a detective already, Dear John :-)

John said...

xerxes

thank you

old john

boris said...

Dear John, says

When I grow up...

AMEN!

Good Trading Dear John

Mike Truong said...

Hi Boris,

Does the Fed news change your outlook for antidollars?

Thanks dear friend,

Michael

boris said...

It hurts me to have devised Plan B, but there was something very apealing in the alternativr plan.

I , usually, stay out on FED days.

SO, that you know(:=

Good Trading Dear Subscribers

boris said...

Remember, still nothing is broken yet, just movements that may do so

GOod Trading

xerxes said...

I love Fed day Dear Boris...I started buying a lot after the buck rallied to the first hourly low for the euro...bought several wads from there...

I'm thinkin' now Dear Boris that we haven't finished the first wave up yet for shares, rather than what I said earlier that wave 2 down started...An ongoing wave 1 seems to fit the DP and all the other stuff you tell us...

Of course, I may bail in a few minutes if the euro weakens...We just finished a bullish 3 inside up..Current stick can go either way but I think it will be up :-)

boris said...

Dear Xerxes,
DP is not particulary adept to the levels, it is an outline. The entire thing could play out in a painful tradeing range like till now

WHo knows.

Short term trades should work and long term should be build on short term if possible but not relied on

Good Trading Dear Xerxes

xerxes said...

Thank you Dear Boris...Shares are doing an unusual late fade.....

xerxes said...

Interesting how gold never got any real traction and its rally at around noon EDT seemed like a 'me too' kind of thing...si i'm wondering if i'm looking at the correct place on the DP Dear Boris :-)

boris said...

your are looking at the correct place, dates are always there on the chart.

The only problem, as I said is that levels can not be guaranteed , neither timing(:-

But timing has more rliability.

xerxes said...

Dear Boris....Have a nice evening... I was thinking about the fed statement and they mentioned how they were going to complete their purchases of treasuries, not in September as was the original plan, but by the end of October...So, what does your work have in store for us then Dear Boris :-)

boris said...

Dear Xerxes, I will look in my book and tell you,unless you already have!(:-

Good Trading Dear Xerxes

xerxes said...

Good Morning Dear Boris

xerxes said...

German GDP increaded 0.3%...EURUSD soaring...When you say turn, you mean it Dear Boris :-)

xerxes said...

we almost hit 3rd high hourly on eurusd dear boris...they love german/french Q2 expansion numbers, which beat estimates

boris said...

Dear Xerxes,
I just make up these things and thay happen to happen.

But they do happen do not they. How and why I do not know.

As long as I say and it happens who cares.

Just in case, I pray every morning to God so that I am kept in the inner cirle(:-

Good Trading Dear Xerxes

xerxes said...

Dear Boris...Could you kindly do a new projection for the euro...eurproj2 was great...I'd like to see where we are now

xerxes said...

We should start calling you 'the oracle' :-)

xerxes said...

Bloomberg has a guest who says that Ben and Mervyn's aggressive QE has set the backdrop that arrested the world economic crash, thus allowing the recovery of the French (also up .03%) and German GDPs... Hail Keynesianism :-)

xerxes said...

Austrian GDP declined 0.4%

xerxes said...

Yields on German 10 years soaring this morning Dear Boris

xerxes said...

Dutch GDP contracted 0.9% in Q2

xerxes said...

131,500,000 euros is the current value of an italian lottery draw today...I think this is a tax-free number

boris said...

EUROPROJ2
Is on its way to you Dear Subscriber.

If you did not get it let m e know instantly

Good Trading Dear Friends

Mike Truong said...

Dear Boris,

thank you. I notice that it is the same as the one you posted on 8-5-09. Nothing's change? Stay the course captain?

Good trading dear friend,

Michael

xerxes said...

Thank you Dear Boris

xerxes said...

Jobless claims and continuing claims later today Dear Boris....European union wide GDP coming in 45 minutes Dear Boris...

More rocket fuel for the single currency?

There are some who say that the USDX decline to the low 70's last year was halted by Bernanke draining liquidity, thus preventing a 'disorderly' collapse of the buckeroo...Will Bernanke need to do an encore?

boris said...

Dear Michael,
Dear Xerxes,
Please move to new post(:-

Thanks all Friends

xerxes said...

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