Friday, February 12, 2010

Do you get this graph each morning?


At the end of the trading the Emini/S&P had risen to just above the Red Path Arrow, so, in a sense, the path outlined here perfectly described everything but the last 15 minutes of trading. HUH! could you really think that somebody can give such a precise path for the market for 6 and half hours from the open? Even if it is one of the only two alternatives and given before 9:30 ET, market open in New York?

146 comments:

daveo said...

Awesome my friend Boris !

You are amazing and your graphs, charts and emini files are impressive. Nothing more to say, but Thank You.

boris said...

Dear Dave,
Trying the bets I can do.
One thing I must do is to live
upto the standards of my subscribers.

Who, In my opinion are the best bunch of investors on the net.

I cannot do , but do good/better all the time when surrounded with these loyal , highly intelligent
people.

I just live upto the inspiration provided by your support.

You all subscribers, give me a chance to to do better day by day.

You give me the grades and better you grade me , better I strive to perform.

I am just like a good horse in the competition and you are my trainers and supporters.

Thanks to you, I have the courage to stay in business and produce.

For all of us.

Good Trading My very Dear Friend
Dave

אנטי-סופיטליסט said...

Look what Bloomberg published ayer Querido Boris .... Feldstein wrote my econ 101 course book back in the day ....

Feb. 12 (Bloomberg) -- The Greek budget crisis is a symptom of imbalances that will lead to the breakup of the euro region, according to Societe Generale SA strategist Albert Edwards, and Harvard University Professor Martin Feldstein said monetary union “isn’t working” in its current form.

Southern European countries are trapped in an overvalued currency and suffocated by low competitiveness, top-ranked Edwards wrote in a report today. Feldstein, speaking on Bloomberg Radio, said a one-size-fits-all monetary policy has fueled big deficits as countries’ fiscal records differ.

The problem for countries including Portugal, Spain and Greece “is that years of inappropriately low interest rates resulted in overheating and rapid inflation,” Edwards wrote. Even if governments “could slash their fiscal deficits, the lack of competitiveness within the euro zone needs years of relative (and probably given the outlook elsewhere, absolute) deflation. Any help given to Greece merely delays the inevitable breakup of the euro zone.”

boris said...

Well,
Neither Roberts,
Nor
Feldstain
worte these things before. So, while I credite them with perfect hindsigth, I would not bet my life saving on their foresight(:-

Good Trading Dear Xerxes
We have our own course for currneices will stick with it
Thank you Mrs, R and F.

אנטי-סופיטליסט said...

Some now have Belgium in the crosshairs Dear Boris ...

...the next deficit crisis in the Eurozone, the market may be underestimating a similar risk for Belgium.....

http://www.cityam.com/markets-and-investments/weak-economy-means-belgium-could-be-next-join-the-pigs

boris said...

Dear John
Sends us this link

Now, we do not need to be told how the sopitalist operate, in genral, but details here are nice(:-
Besides, it is in the form others can understand better.

Robbed By FDIC

Good Trading Very Dear Friend John

boris said...

Another link
By Dear John

Yes, first they create the problem then and profit and then profit by telling you problem is there.

That is how SOPITALISTs of WALL OF SHAME STREET operate

Wall Street Helped Greek Tragegy?

Good Trading Dear Freind John

xerxes said...

The European single currency is facing an 'inevitable break-up' a leading French bank claimed yesterday.

Strategists at Paris-based Société Générale said that any bailout of the stricken Greek economy would only provide 'sticking plasters' to cover the deep- seated flaws in the eurozone bloc.

The stark warning came as the euro slipped further on the currency markets and dire growth figures raised the prospect of a 'double-dip' recession in the embattled zone.

Claims that the euro could be headed for total collapse are particularly striking when they come from one of the oldest and largest banks in France - a core founder-member."

http://www.dailymail.co.uk/news/worldnews/article-1250433/Greece-debt-bailout-EU-leaders-split-uro-crisis.html#ixzz0fSkk6AUc

John said...

Xerxes
If I were the leader of one of these countries that participated in the GS derivatives, I would just stiff GS. I would love to see that. What would GS do? Go to a Greek Court?

old john

boris said...

Dear John,
You know what GS will do right?
They control most of Gov. So, they announce the GREEKs Terrorists and
bomb the hell out of them(:-

Good Trading Dearest Friend John

But Jokes apart. I would live to see the GREEKS stick it to GS!

אנטי-סופיטליסט said...

Dubai is back Dear Boris, being mentioned along with Greece as an unfolding debt debacle

אנטי-סופיטליסט said...

A weekend poll of Germans revealed that Germans would rather see Greece leave the union rather than have Germans fund Greek profligacy Dear Boris ... Give 'em the boot Dear Boris and substitute Israel :-)

boris said...

So, YOu must think Israelis are less profilgate.

Well, not only are not they less profilgate they are not even less stupid, by giving their Dollars and Euros to central bank manipulators, to make the Bank Of Israel Good. Of course, many of those what gave the money earned it In Europe AND USa and may not care until the properties they buy( mostly) stay up and/or go up. Llet us see them run when that stops( nothing goes up always, especially considering, shelter affordability is at the lowest of most of nations).

They will pay price for this by holding the worthless Shekels sooner or later

Good Trading Dear Xerxes

אנטי-סופיטליסט said...

Euro On Trial .....
European Monetary Failure ...
Greece and one or two other PIIGS will leave EMU when this is all over ...
Massive runs on Greek banks to come ...
Greece: "Damned if they do and damned if they don't"; No hope for Greece and they can be isolated ....

This is what Bloomberg is saying this morning Dear Boris ... So get your kalamatas while you still can :-) BTW, this past week they've been selling Greek Feta at 1/2 price and the shelves are full Dear Boris ....

אנטי-סופיטליסט said...

Roubini says that if Greece goes down it's a problem but if Spain goes down, it's a disaster ....

B-berg guest says that if Greece goes, interest rates in Espana will reach double digits

אנטי-סופיטליסט said...

B-berg guest says that the German banks should cut and run now, taking 30-40% losses now on drachmas and pesetas ....

I still have some drachmas from a trip I once took Dear Boris ... Will I be able to spend them soon :-)

אנטי-סופיטליסט said...

Well Dear Boris, I bet Israel has more euros and USD's than Greece and Spain combined :-) Stanley was a genius, buying up all that cheap scrip with all those of Shmecks rolling off his whirling Gutenbergs :-)

אנטי-סופיטליסט said...

B-berg says the Chinese may be ready to let the RMB appreciate 5% to control the runaway economy Dear Boris

boris said...

Dear Xerxes,
I never doubted Stanly is Smart,
Rest of Jews who sold him Dollars and EUROS are not(:-

boris said...

Dear Subscribers
Emini260
OnDotNet

אנטי-סופיטליסט said...

Eurozone on the 'Frontline' Dear Boris .... The beat goes on ...

אנטי-סופיטליסט said...

German opposition is demanding that Greece be 'punished' and stripped of its voting rights

אנטי-סופיטליסט said...

Bavarian think tank says Greece should be kicked out of EU; German people say that Greece should leave the euro .... This is a 'pivotal' moment for EU ...

John said...

Boris

Good morning--

old john

boris said...

Dear John,
Welcome Back
From Long,
Hopefully Relaxing
Weekend
Good Trading
My Very Dear Friend John

John said...

Boris

Relaxing ? no-- house stuff for the wife.

Did you get your walk in?

old john

boris said...

Yes,
Dear John
I was a good boy to day(:-

Good Trading My Very Dear Friend

boris said...

no Emini
chart today
to to Monday Holiday

Not goo infor to consturct it

אנטי-סופיטליסט said...

dotnet down again?

boris said...

DotNet
Is not down
Dear Xerxes

I just placed

5 Minute Data At DotNet

boris said...

Update
On DotNet

At
MarketReport
Good Trading

Mike Truong said...

dear Boris,

I have a question about YBR and Seefuture on dotnet.

Thanks,

Mike

boris said...

Dear Mike,
Response, on
DotNet
GOod Trading Dear Friend

Peter said...

Dear Boris,

Dotnet not accessible at the moment. Receiving 'server error' message,

Best Wishes,

Peter

xerxes said...

Mundell, the "Father of the Euro" says that the ECB should never let EURUSD get beyond 1.40xx Dear Boris

xerxes said...

I received same message as Dear Peter, Dear Boris

xerxes said...

Soros added 660 million USD to his gold hoard .... Buffet has 3.4 billion USD in gold, as per Bloomberg Dear Boris .... Will they get fleeced? They should Dear Boris, they should ....

boris said...

Dear Peter,
Dear Xerxes
I know DotNet
is down
Hopefully
it comes back up soon

GOod Trading Dear Friends

boris said...

emini261
Was send in the email
DotNet still down

Good Trading Alld

xerxes said...

Abbey Joseph Cohen is back preaching how the S&P 500 is undervalued ...

xerxes said...

Mundell says that Italy is the big enchilada as far as the euro goes, not Greece or Spain Dear Boris

Klaatu said...

Dear Boris,

Haven't received the e-mini chart yet.
Good trading,
Klaatu

boris said...

Looks like we got the
JPY within couple cents
(:-

Good Trading

boris said...

I have send emails
to Dear
Xerxes,
Klaatu

Sorry about this.

My logs indicate everybody got the email.

It looks like the respective ISPs
just do not deliver attached emails.

Too bad.

Who else did not get the attched EMINI261

Who did not get the message without attachment, which specified JPY prices to watch

I appreciate your response.
Either here, or may email
bchikvash@aol.com

Thanks

boris said...

Please,
Please,

A T T A N T A T I O N

Everybody, just in case we get screwed again with MY ISP hoster.

Please,

Keep PSite, URL and id and password handy.

I will on emergcncy basis keep posting on that place, when I see there is no DotNet site UP.

ANybody who needs reminder, where that site is, email me

Please
and KEEP THAT INFO always with you.
Please keep that info always handy.

Sorry, to be bothering you with these details, but between the pesky email ISPs and hoster ISPs
that is the best I can do for now.

Good Trading Alld

Mike Truong said...

dear Boris,

No email for me either. I will check psite.

Thanks,

Michael

אנטי-סופיטליסט said...

Hi,
this is Boris
I placed the emini chart
On Psite.

Sorry, for inconvenience.

Good Trading all

John said...

Boris

When you get a chance send me the link again. This time it will not get deleted:)

old john-- at your convenience

אנטי-סופיטליסט said...

Dear John
The link
Has been Send
ENjoy
My Very Deare Friend

xerxes said...

Robert Mundell did in the common currency when he said EURUSD should never reach 1.40

D said...

can someone explain to me why russian women are so beautiful?

אנטי-סופיטליסט said...

Dear D
Women, are beautiful everywhere(:-
Russians make themselves a bit more accessible(:-

Nevertheless, there is undenyiable advantage Russian Women have. They are white as pearl, smell as good as white chocolate and taste that way too(:-

And in the end, on average, they are a lot more educated( at least, from my past expereicne).

An Yes, they have the most beautifu hair and my grandma used to say.
"90 Percent of women is hair"

Good Trading Dear D

אנטי-סופיטליסט said...

Now, it looks like we got more or less what we wanted to day. Not a good day for Antidollar, but Stocks as Antidollar have done a bit better than we thought they would today and JPY , even relarivly better than EURO/SWISSY, behaved, almost like an Antidollar today(:-

Well, we shall see how this keeps up.

Good Trading Dear Subscribers

אנטי-סופיטליסט said...

Please, nobody misunderstand me.
Please,

The fact of that Russian Women are white, is not really an advantage as much as it is a feature. To me women of all color are beautiful.

Did not I say that already(:-

D said...

this is your blog...you don't have to be politically correct. you don't even live in america anymore so you can say whatever you like!

the russian women are just flat-out gorgeous!

boris said...

Well,
Dear D,
It is not just, that what I said is politically correct.

It is correct.

Women Everywhere Are Beautiful

That should not prevent any of from being partial to particular kind if like to(:-

Good Trading My Dear Friend

boris said...

DotNet Is UP

xerxes said...

B-berg says that the BoJ isn't going to be pushed around by the government, they are going to resist political pressure and refuse to drop interest rates to zero from 0.1% Dear Boris; they have a lot of backbone resisting this 'intense' political pressure :-)

xerxes said...

Martin Feldstein says that Greece should leave the euro 'temporarily', go back to the drachma, get its house in order and then return to the euro .....

Another economist says that the gov't should force all wages and prices down by 10%, simultaneously and immediately to effect, in essence, a devaluation ...

xerxes said...

(RTTNews) - Westpac analysts see the risks of further strength in the dollar, at least in the near term, adding to the gains posted by the greenback on reports the International Monetary Fund will sell more gold. ......

The IMF is always selling gold it seems ... Will they ever run out Dear Boris ...

boris said...

Dear Xerxes,
IMF sells because stupid countries like ENGLAND ( UK if you plelase) give it gold and Indians buy them.

Now tell me who is smart British or Indians.

I take Indians, and Chines. They buy GOld while British sold them.

Nice going Dear Friends in UK.

Good Trading Dear Xerxes

Wanderer said...

Dear Boris,
Good morning.
Thanks and good trading, dear friend.

Bert

boris said...

Dear Bert,
GOod Morning
And Good Trading
My Very Dear Friend

boris said...

Dear Michael,
YOur response is on Dot NEt
in the feedback

gorli said...

HI BORIS, THE ENGLISH GOT THE GOLD FROM iNDIANS TO BEGIN WITH.
GORLI

boris said...

emini262
On DotNet

boris said...

Dear Gorli,
Then Justice is Served(:-

Good Trading My Very Dear Friend

How Poetic!

xerxes said...

But I wonder Dear Boris if the IMF boys are simply 'specialists' in making announcements but there is never actually any gold traded :-)

boris said...

You mean
Indians god NOT GOLD(:-

I doubt
Dear Xerxes

boris said...

5 min data
On DotNet

xerxes said...

Maybe the Indians just got a ticket that says they own some 'Black Eagle Trust' gold Dear Boris :-)

boris said...

Market Could not Hold
Breakout above our area
If it breaks down below the bottom of it could spell bad things for this market

Good Trading Dear Subscribers

boris said...

UPdate On dot
Alert Regarding Currencies

Mike Truong said...

Dear Boris,

I left a comment and question on dotnet. At your leisure, will you look into it?

Thanks

Michael

boris said...

Dear Michael, How Come I do not see
the question.
Which post did you attache it to?

Sorry, coming with question!(:-

boris said...

Never Mind Dear Michael
I found the question,
Answer is getting typed in
GOod Trading Dear Friend
Michael

Mike Truong said...

thanks dear boris...

Michael

boris said...

Done
Dear Michael,All
response is in feedback of the latest post

Good Trading All

xerxes said...

Nice dotnet call on USDJPY timing Querido Boris ...

boris said...

Text Coming
On Market Report
Stock Market Related

dimitry said...

And everything crushes...

John said...

Boris

Fed must have listened to your dates

old john

D said...

hola

Klaatu said...

A very early good morning to you dear Boris.
My hat is off to you. A terrific call yesterday.
Selling at the high...indeed !
Good trading.
Klaatu

boris said...

Dear Xerxes,
Dear DMitry,
Dear John,
Dear Klaatu

All Subscribers, that is what we do. We are just like hawks watching our targets. If you recall 1106 one of our targets even before we got here, but Yesterdays DHAPS collocated there gave us and extra push.

Nothing supernatural, just anticipation based on keeping the relevant numbers in our heads.

Yes, this is not the first time either, but let us wait for further developments and see where we go with this.

As far as the JPY call, it was nice for a short term trade and it magically, happened exactly at 12:00 ET, as suggested, but tight stops should have taken one out with a small profit or , GOD FORBID, small loss( should not have happened, to most stabborn, in placing the stops).

Good Trading All
Dear Subscribers

boris said...

Dear Subscribers/Readers,

Let us not get it through our heads, everybody can get lucky from time to time.

We just get luckier than most(:-

DotNet seems to be temporarily down
Please use the Psite to access APs

boris said...

DotNet
Up Again

boris said...

Now have the stop in futures markets with a 3 pt profits.

xerxes said...

Dear Boris .... R the trend tables okay

boris said...

I have just reset the trend tables and places some text as well
GOod Trading Dear Friend Xerxes

Mike Truong said...

dear Boris,

Luckily I chose xle puts for my oil play. I should be able to exit most of the trade relatively unscathed.

Thanks,

Michael

boris said...

Dear Michael,
Thanks for the update

Good Trading Dear Friend
Michael

boris said...

putting my stop at 1 pt gain
Good Trading all

xerxes said...

B-berg guest says that Ireland must leave the euro;

xerxes said...

BNP Paribas says to buy USDJPY to play the surging buckeroo as the pair is sensitive to interrest rate differentials which now favor clownbucks Dear Boris ...

Buffet/Soros have at least 4 billion USD bets going on gold .... These guys are betting against the mighty Robert Prechter Dear Boris :-)

Hang Seng hammered by 2.5% today

xerxes said...

B-berg says:
Appetite for risk crashing ....
Cash is king ....
Sell equities ....

Wanderer said...

Dear Boris,
Good morning.
As always, great work!
Thanks a lot.
Have a great weekend.

Bert

boris said...

Dear Subscriber
Out 1103 +1(:-

Ok, please note urgent market note at DOtNet

Good Trading all

boris said...

Resold at the same

Stop old stop

boris said...

Stop is original short price

boris said...

Dear Bert,
Thanks Dearest Friend
Good Trading

boris said...

Emini263
On DotNet

boris said...

Stop at +1.75 from original stop

boris said...

stop at 1.75 from original short

boris said...

stop at
a gain of 1.75 from original short

boris said...

out +1.75

Klaatu said...

Dear Boris,
For last few months stocks have tended to create a turning point (high or low) on the 18th and 19th of the month.
Good trading,
Klaatu

Klaatu said...

After discount raise , treasury auction next week - 23,24,25th.
Wonder if there is a connection?
Good trading,
Klaatu

boris said...

Dear Klaatu,
I have noticed the same ,
CERTAINLY,

Not clear about connection, but
Yes, the correlation is there.

Everybody,
Note on Dotnet

Good Tradng very Dear Friend Klaatu
All

boris said...

Note
On DotNet

boris said...

Stop, at sell price +2 now

boris said...

stop breakeven

boris said...

Stop at gain +.5

boris said...

Out +.25

John said...

Boris

Just like the old days with the Qs

old john

boris said...

Stop at Price +2.5

boris said...

Dear John
That is great.

I feel like old days as well,
Markets are not as liquid, though.
need to be smarter ( which we are after 3 years(:- )

Good Trading Dear John

boris said...

OK, house giveth, house taketh

_.25 on all trades. plush 2 coffe money.

Now we watch for a while
(:-

boris said...

VOLUME
ON last breakout of the Area, to the upside was strong.
Need to watch carefully,
There maybe more to this than just a kill the shorts move.

Good Trading All

Mike Truong said...

Dear Boris
ybr continue to rule. Wow...

Good trading
michael

boris said...

Dear Michael,
Yes,
WBR/YBR continue to rule
At this point

Clearly Totally

boris said...

Dear Subscribers,
Interesting correspondecne with Dear Alan entered as a note on DotNet.

OPTIONEER is coming to you as another tool/outline , so that you can better decide(:- to buy or sell VOLATILITY ( VIX Prediction), which is the same as buy or sell(write) options

GOod Tading ALl

Mike Truong said...

Interesting Boris. Do you remember the post I made on dotnet regarding timing and the weather? Almost seems to match your post to Alan. Just wished I had followed me own prognos...I was long oil early last week too..oi vey...

good trading dear Boris,

Michael

boris said...

Dear Michael,
For one,
I am glad that you think they way youdo.
For two,
I really appreciate your initiative to communicate what you do and like to do.

It helps all of us to put the market puzzle together.

I finetune as I go, and do not all inputs other people may use.

So, your questions, concerns, help mem andestand where things are better. Forces me to look at things they way my subscribers/you do.

And it helps others to see the thinking and stimulates them to think.

I am really thankful that you participate and GROW/For sure.
I told you before, You grew up a lot since you joined us.

It is almost comparing young person with the grwon up, after university and good life expereince.

Well, keep doing it because my Dear Friend. This field of market trading is an ENDLESS journey of education about the world and about ourselves.

And yes, you implied that if WRB/YBR were to turn out to be correct than the SEEFUTURE has to be incorrect in timing and/or sizing of the anticipated moves.

So, far that is where things seem to be going, even though next week things may start to look a bit on the other side, but correct.

This wrinkle may/will help us to see what alternate scenarios are that fit better together.

CONFLUENCE is our game and every bit of information is just another puzzle in that confluence game.

So, thanks and the request is for all subscribers.

If you though of something ...

1) do not assume everybody else knows it!
2) share it, because the responses may/will educate all of us.

Good Trading Dear Subscribers

boris said...

Dear John,
Send us this very intersting link about Greek Tragedy and Goldmen actors(:-, Saga continues!

Goldmen Everwhere
My Dear Friend JOhn
Thanks

John said...

Boris

If it did not have disastrous consequences, this whole Greek scenario would be a comedy.

old john

boris said...

DotNet
Is down,
If it persists being down
I will be placing the comments and pcitures on Psite

Tomorrow
Do not hesitate to email me if you still miss the Psite
Info

Good Trading all

boris said...

Dear John,
Sends us an additional link
Is inflation reported intentionally low to screw SS recepients?

INFLIETION(:-?

If you do not remember how inflietion differs from inflation , please refer to dictionary on this site(:-, or just search it.

Good Trading Very Dear Friend John

אנטי-סופיטליסט said...

Please note
3 BigPicture graphs and
1 Sectors graph have been uploaded
to Psite

אנטי-סופיטליסט said...

Dear Subscriber
The Psite is here

psite
If you do not remember password, please email me at bchikvash@aol.com and I will send it to you.

Sorry for Dot Net being down again. It seems like ISP is migrating to new operating system of windows7 and having compatibility problems. Let us hope they come up soon

Good Trading

boris said...

All information that is , usually, on DotNet, is now ON psite. That includes the AP table , BIGPICTURE and SECTORS Graphs and Market Comments.

Please Visit Psite

אנטי-סופיטליסט said...

B-berg is letting us know this morning that most of the big banks see the common currency going lower against clownbucks going forward here Dear Boris

אנטי-סופיטליסט said...

Well, the effort here seems to be COLLOSAL! to get the EURO down.
Dear Xerxes,

אנטי-סופיטליסט said...

Yes, but it seems that the decline hasn't matched the rhetoric, yet, Dear Boris .... Talk of 'delayed exit strategy for ECB' and 'euro break-up' and even someone prophesying EURUSD parity is rampant on B-berg Dear Boris and yet we can't even print a 2 handle :-)

אנטי-סופיטליסט said...

Well, Dear Xerxex
You say, "decline hasn't matched the rethoric"

That is why more rethroric(:-

Good Trading Dear Xerxes

gorli said...

good morning boris. can you please email me instructions to access the P-site?
gorli

אנטי-סופיטליסט said...

Dear Gorli,
Info was send
GOod Tradng My Very Dear Friend

אנטי-סופיטליסט said...

Maybe the rhetoric is to keep the nervous nellies in their short EURUSD positions as they prepare to roll the other way :-)

אנטי-סופיטליסט said...

B-berg claims record shorts on euro dear Boris; forwards and futures show strong bearishness on euro as well ....

אנטי-סופיטליסט said...

David Bloom, Currency Strategist, HSBC, London, targets EURUSD at 1.30 before it rallies again .... I missed the name on the EURUSD parity call Dear Boris :-)

daveo said...

Boris, please email the Psite login...memory is fuzzy. Thanks, Daveo

אנטי-סופיטליסט said...

Dear Dave
The Psite info
was sent.

Enjoy Very Dear friend Dave

אנטי-סופיטליסט said...

Shares have been higher on first trading day for 21 of the last 25 weeks I think Dear Boris

אנטי-סופיטליסט said...

Emini264
is now on the Psite

Good Trading All

אנטי-סופיטליסט said...

Please ask me for psite URL and
Login info
if you do not have it

boris said...

Please,
Go to New Post