Wednesday, October 28, 2009

87 SPX pts,30 days, 400+ pts since 3/2009


Please note, these profits would have been achieved without buy and hold, which can devastate anybody, as 2008 bear market has proven. Not only that, these none leveraged trades, can you imagine, what leverage would have done? You ask what leverage , of course(:- , why not take the 40:1, Goldmans Used (:-.
Please do not calculate the number, it will not fit on this page!

68 comments:

xerxes said...

Good morning Dear Boris ....

xerxes said...

Most all were red in Asia this morning Dear Boris, so far ....

xerxes said...

Goldman, yesterday, Dear Boris, reduced its estimate for US GDP, to be released later today, from 3.2 to 3.0% .... First quarter saw a 6.4% contraction ... The expected turnaround is 'Asian-like' ... Sure :-)

boris said...

Dear Xerxes, Thanks
Good Trading Dear Friend

Wanderer said...

Dear Boris,
Good morning.
Thanks and good trading.

Bert

Sergio said...
This comment has been removed by the author.
boris said...

Please Not, Updates on DotNet
about market and
crash(et) status, files in usual area

Good Trading all

boris said...

Good Morning Dear Bert,

Very Good Trading
My Very Dear Freind

xerxes said...

Now, the feds want to give homeowners cash money, to the tune of 6500 smackeroos, if he/she squats 5 years in the same abode, Dear Boris, according to Bloomberg ...

xerxes said...

Bloomberg says that no matter what GDP is, higher or lower than expected, it is USD positive ... Soon we'll see Dear Boris :-)

Dotnet is having issues, I think, Dear Boris

xerxes said...

Gimme a c ... 'C'
Gimme an r ... 'R'

You get the picture :-)

My prediction for today Dear Boris :-)

boris said...

Looks, Like Dot Net site is having problems, from ISP side.
We hope it comes back up soon

GOod Trading

boris said...

Emini195 of DotNet

xerxes said...

Looks like the greatest profits are to had by fading whatever I say Dear Boris :-)

boris said...

Dear Xerxes,
You found the fountain of wealth there(:-

Good Trading My Very Dear Friend
Just as long as you do not take yourself seriously, it will be fine(:-

Good Trading Dear Xerxes

boris said...

Dear John,
ALl
5 Minute Aps on the DotNet

John said...

boris,

I got it
thanks

John said...

boris,

I got it
thanks

xerxes said...

Sterling did a 78% retrace of the crash earlier this week Dear Boris ... Aussie did a 50% retrace of its prior decline, just in the past few hours ...

boris said...

Dear John,
Welcome Very Dear Friend

Dear Xerxes, thing happens!

Good Trading Dear Xerxes

boris said...

Update On DotNet
Sold 1+1

xerxes said...

The 2% rally in EURUSD didn't much dampen the enthusiasm of the GimmeEuro crowd Dear Boris ...

boris said...

Will Buy it back 1.5 pts higher than sold

Hopper said...

Hi Boris & Friends,

My day job has changed, more travel and more work. But it is more interesting too. Today I have a day off.
Sorry I haven't been active here. I am becoming more of a longer term trader.
My MT indicator changed 3 days ago to "market is going down" and the signal is getting stronger avery day.

I measure the tsx, but it must be similar for the spx.

boris said...

Ok, after giving up 1.5 we are back where we where(:-

Good Trading

xerxes said...

Heady days for euro bulls Dear Boris ... Can we talk about parity once again :-)

GimmeEuros

Aboot-Bull said...

Dear Boris,

just saw your answer, tnx.

A-B

boris said...

WELCOME
Dear A-B

xerxes said...

Impressive melt-up today Dear Boris ... Who needs 'cash-for-clunkers' when you got 'dollars for yen/sterling/aud's/loonies/euros or whatever' Dear Boris :-)

boris said...

Dear Xerxes,
You are right!(:-
GOod Trading Dear Xerxes

Hopper said...

;-(

xerxes said...

Bernanke seems to be doing quite well managing the feds portfolio ... I didn't make 400 million last quarter :-)

The central bank's weekly balance sheet report also showed that the assets it took on last year when it bailed out investment bank Bear Stearns and insurer American International Group Inc. rose in value in the July-September quarter.
The Fed said its holdings of assets from Bear Stearns were valued at $26.3 billion as of Sept. 30, an increase of about $400 million from the previous quarter.

xerxes said...

Good morning Dear Boris ...
No change in the trends table today?

boris said...

Dear Xerxes,
Yes, there is no change, and there maybe none today, unless we get really big moves, exception could be one place... GOLD

If Gold Moves higher, then that could , actually drag other things higher, for a while, as well.

So, stay tunes and we will update the Trend tables OnDotNet

Good Trading Dear Friend Xerxes

boris said...

Dear JOhn,
Sends us this link.

Stay Or Go
In my opinion very interestng events and things to think about. Good View of the issues the cities counties etc are dealing with these days. Not to say anything about the Police and FireFighters, who have a lot on their minds these days besides protecting the public!

GOod Trading Dear Friend John

xerxes said...

Dear Boris....Last Friday, GBPUSD crashed contemporaneously with the printing of a dismal GDP number ... It was said that a weak quid would bolster the economy ... One week later nearly all the losses have been recouped, but I doubt GDP has :-)

boris said...

Dear Xerxes,
You know by now, how things work
Or should I explain again(:-

Good Trading Dear Xerxes

xerxes said...

I think its funny Dear Boris ...

Inverted H&S on EURUSD hour chart ... Similar doomsday formations on other pairs ... USD may 'consolidate' at much lower levels Dear Boris :-)

boris said...

emini196 on DotNet

boris said...

Message On Dot NeT

boris said...

If you were to take any postions, they have to be protected with COffee money, or do not take the position please

boris said...

I hope you all noticed the FIBO and the 5th confluence at The currency we discussed in our note

boris said...

You shoud not
could not
manage to lose more than 10 cents on this trade if you are in

you could pretty much can make it a
FREE trade zone(:-

Good Trading Dear Subscribers

boris said...

Free trade has become zero gain trade(:-
Do not see the similar move in equities though.

So, this may have been raid by suckers. But whatever the case

the rules need to be obeyed.

1) do not lose money
2) do not worry about missed opportunity

Good Trading Dear Subscribers

boris said...

Currency hits next FIBO level and rebounds so far

boris said...

graph of todays action on DotNet

boris said...

Emini at the bottom of area

boris said...

back to fibo on currecncy

boris said...

Market is currently on YELLOW path. Onlly Currency Support can trun it from there

boris said...

currency providing HUGE
Support

boris said...

You saw the action
Did not you.
See the tail it has made to finally go and land on 5th(:-

Incredible

boris said...

pay good attention to the last surge in the currency.
It surged e x actly to 4th!!

xerxes said...

I wrote this yesterday Dear Boris ... I just forgot to say +/- one trading day :-)

Blogger xerxes said...

Gimme a c ... 'C'
Gimme an r ... 'R'

You get the picture :-)

My prediction for today Dear Boris :-)

10/29/2009 8:28 AM

boris said...

We went back to the area for EMINI and got rejected and back onto the YELLOW path

Mike Truong said...

it will be interesting to hear the spin about the down day if we end up down. All we heard yesterday were sunshine and lollipops. Anyway I took a quick flyer trade on the currency in discussion and was lucky to ride the up wave to a nice dinner for my son and me. Thanks dear boris. Now I just need to know when to sit and when to shoot...

boris said...

I do not know about you Dear Xerxes,
I had fund today with currency , hitting thigs with such precision. I usually need 7-10cents to make me happy in my trading.

Nevertheless It is also fun to watch the market do turns where you expect them! In this case
both stocks as well as the currency markets.

Stocsk hit exactly the designated top are, in the morning then entire day drifted to the lower side, then broke the lower side and then ran back to it and then ran down.

Now, If you know those points you can make trades. YOu will be wrong lose little/none, you will be right you can win some money!

That is all that matters for short term trader and that is perfect DMOE day in both Equities and Currencies

Good Trading Dear Xerxes

boris said...

I meant Perfect DEMO day

DEMO for demonstration, therefore my comments(:

boris said...

Dear Mike,
I did exactly the same thing,
Dear Friend
Exactly same thing
(:-

Good Trading Dear Michael

boris said...

The break of this FIBO on currency here could easily spell

C R A S H

Good Trading

xerxes said...

I don't know why Dear Boris, but I wasn't paying attention to you today and was lasered on the loonie ... I missed the run up from the 1.06xx area; why I don't know as the AP's were spot on, as usual .... But when it surpassed the 5th by a 100 pips, the divergences seemed too compelling so I sold the buck ... When it tweezered off the ETB I use, I bought back the smacks ... I'm still in USD sell mode Dear Boris :-)

xerxes said...

The real winner in these waterfalls is Ms. Hashimoto, Dear Boris ... Not sure why and not sure if it will continue but those Ramen noodles just got more expensive :-)

xerxes said...

Quite funny that Bloomberg today as they want everybody to know that the economy sucks and the data numbers were crap so, of course, the market would tank ..... They don't say that when shares levitate without reason :-) ... I still don't know if sterling should fall because of gdp contraction or rise cause the BOE has a penchant for upside rate surprises :-)

boris said...

Currency keesp supporting at the FIBO and keeps the stocks in check as well, so far

Good Trading

boris said...

Dear Xerxes,
It mataters none which way you trade, as long as you trade, with brains with you(:-

Good Trading

boris said...

It does not look like markets wants to let it go at this point.
It is supporting around this area.

Please note that Transports, as an example have already reached the Head and shoulers type bottom. That is they are at lows where last SPX and Transports have made lows together.

So, it seems like, this is where we will end up.

Good Trading

xerxes said...

The barbaric relic Dear Boris seems to have decoupled ....

boris said...

We have mentioned that one thing we do not like to fight at this point was the Relic, even if we are not crazy about its immediate fortunes.

So, here we are
Good Trading Dear Xerxes

boris said...

Some Early Weekend musings sparked by Dear Johns Email to me.

Good Trading Dear Subscribers
Please find the musings on DotNet