Sunday, December 20, 2009

The WALL still Intact


We defined the Highs in DOW,FTSE, FXI,EWZ , EURO etc. As a WALL( Way before the wall happened!(:- ). That wall has thrown down, hard some of these. Damage has been substantial. Especially for FXI(CHINA), EWZ(BRAZIL), EURO. Now, it seems everybody is piling in Dollar, keeping the USA markets up. EUROBOZOS buying the USA assets. They can get burnt. They are usually the last buyers. This could take time though and meanwhile the markets can continue to levitate for a while.

48 comments:

John said...

Boris

thanks

old john

boris said...

Dear John
ENjoy My Dearest
Friend

boris said...

Walk

Wanderer said...

Dear Boris,
Good morning.
Thanks and good trading.

Bert

boris said...

Dear Bert,
Good Morning
My Very Dear Friend
Good Trading

boris said...

Emini227
Getting Uploaded
On DotNet
Enjoy

boris said...

We cannot fault the market
for doing what we though it will do today.
SO, I am sanguine( even though I do not understand what that means(:- )

Good Trading All

boris said...

Ok, what we thought is that, market is likely to go up today.
Regardless of the shape the move will take

Just a clarification

John said...

Boris

Did you get your hour in?

old john

boris said...

Dear JOhn,
I got my two hours in
It was great.
Nice warm sunny day
at the sea

DId some running, swimming and
then excercises on the Bar.

Felt good.
Health , definitely, is more important than money(:-

Healthy person can make money, unhealthy person is as good as dead

I decided last year, I did not want to die (:-

Good Trading Dear John,
Thanks for keeping me honest

GOod Trading Dearest Friend

John said...

Boris

You know my routine, always find time for exercise, clears the mind.

old john

boris said...

Dear John
It clears more than mind(:-
YOu know that, without me telling you.
It is amazing how fit, all of a sudden, I feel.

Not where I want to be, but infinitely more fit than last year.

Yes, excercise is a cleansing mechanism.

Too bad men even got away from basics of life, Hunting and Resting

Good Trading Dear Friend John

boris said...

By the way , do you still go fishing?

I know you liked doing that in Chicago area( not in the winter?) with your ( forgot who the kid(s) was ) family kid

GOod Trading Dear John

dimitry said...

Good day everyone. time to get more gold /?

boris said...

Dear Dmitry,
Answer to that question
At Market Report in 5 Minutes

Good Trading

John said...

Boris,

Plenty of fishing in arizona. In the city itself, they stock some of the lakes. Also have fished a couple of lakes outside the city. Funny thing though , fishing is much better in winter ( 72 and sunny)

old john

dimitry said...

Thank you very much, Boris.

boris said...

Dear Subscribers
Update on
DotNet

boris said...

Dear John
Sends another very important link. That is the way it works, see Jeroge Carlin on the front side of this site.

Yes, Sopitalism Our Way

Good Trading Very Deare Friend John

xerxes said...

Good Afternoon Dear Boris

boris said...

Dear Xerxes
Good Afternoon
GOod Trading Dear Friend Xerxes

boris said...

Update On Gold
On
DotNet

Good Trading Subscribers

John said...

Boris

good morning- out for my jog

old john

boris said...

Dear John,
ENjoy Jogging
GOod Trading Dear Friend

xerxes said...

New highs in SPX Dear Boris ...

boris said...

market, stocks can be sold with
a small risk of new highs in the market today
Some stocks can be sold with a risk smaller than coffee money
(:_

boris said...

It does not matter new/old highs
what matters is how much risk can you take to make profit

That is all that matters for a short term trader

boris said...

No way in the world
More than new highs can be risked

Risk only new highs in whatever you sell/sold(:-

Good Trading
I am smiling , it is that Freakin series. No risk!
!!!!!!!!!!!!!

boris said...

OK, you are in
FREE TRADE ZONE

ONly and if SDS comes down to 14.84 you get out of shorts, meanwhile you can/should take some profits , if you large position at about

10:53 ET
ENJOY

xerxes said...

What stocks Dear Boris ... I'm gone for a day and now I'm completely out of the loop :-)

boris said...

Remember, This is a free trade
No risk to it.
Good Tradiang

boris said...

Any stock
How about Dia,
SPY
How about buy SDS itself.

But for now, Please do not
The no/ow risk point is gone.
I do not like to enter here

If you are in fine!

Good Trading Dear Xerxes

xerxes said...

The relic has lost 152 from its high Dear Boris ... A barbaric investment :-)

xerxes said...

The Big O hired a 'cybersecurity czar' Dear Boris ... Job 1 I hear is to crack the code for the YBR ... He needs to keep cyberspace clear of antisopitalism :-)

boris said...

Please do not allow this market to take your short profits today

Breakeven stops please

boris said...

break even for most people should be around 34.88 SDS

For me it is 24.83

xerxes said...

Is Santa Claus a USD bull Dear Boris .... Is the relic just a lump of coal ... Is silver tarnished Dear Boris ...

boris said...

Cannot Answer, those questions online Dear Xerxes
Welcome to look inside(:-

xerxes said...

Just talking out loud Dear Boris .... I'll check inside :-)....

boris said...

I know,
Thanks Dear Xerxes

John said...

Boris

you were right on the money with gld so far-- a couple of cents off

old john

boris said...

Dear John,
Thanks Very Dear Friend

boris said...

OK,
I hope that nobody but , extremely well capitalised trader is staying in the market.

The breakeven has been hit
ONLY RICH traders, can risk, additional 5 cents at 34.83. Which is where my breakeven and stop is.

Good Trading Dear Readers and
I hope it is clear to you why I never lose money, becuase I do nor risk much ever.

Good Trading Dear All

John said...

Boris

I bet you did not think I watched that stuff


old john

boris said...

OUT
All OUT

boris said...

Dear John,
I cannot be surprised,
I know you are very disciplined
and
OBSERVATIVE

You not being on CHICAGO police force is CHICAGOs loss!

Good Trading Dear Friend John

Mike Truong said...

Dear Boris,

Does your update on gold changes your outlook per seefuture?

Thanks dear boris,

Michael

boris said...

Gold, Dear Michael,
Is now, in its, own cycle, that will last for a while, It may become more subject to seefuture for a while, as it consolidates, but then it will break out of the influence of it seefuture affects OIL more than the gold.

I will answer this question fuller in the body of market report

Good Trading Dear Michael