boris said... Market on schedule to...seeMarket report4/08/2010 2:23 PM boris said... Another Perfect PathCOMPLETE(:-4/08/2010 3:52 PM xerxes said... Good Morning Dear Boris4/09/2010 1:50 AM xerxes said... B-berg starts the morning with an interview of James Galbraith and he tells us that his biggest fear for 2010 is a full-blown meltdown of the European Union Dear Boris ....4/09/2010 1:57 AM
7.387% now for the GGB ... surging Dear Boris but the euro doesn't care at the moment
GBPCHF could be SELL at 1.6440 - 1.6450, for 150-200 pips.
I am sure 80% EURUSD have to make at least one more dive, soon. Based on daily graph...
good morning everybody.looks like gold is on the way to 1300!
According to Armstrong Economics, Dear Alex, a weekly close north of 1162 begs a retest of 1228 at a minimum ....
Back from swimmingGood Trading all
Dear Xerxesand closing below 1162 begs a retest of 835? :-))
Dear Xerxes,could you imagine that EURUSD will hit 5th High Intraday, in the next 3-4 hours?
Not quite 835 Dear Alex, not quite, but he did mention 1028 and 930 as support :-)
Why the next 3-4 hours Dear Ivan? Am I the only one here without a hotline? :-)
Oh my .. Dear Xerxes! but I cannot believe gold will ever go below 1100 again.
Dear Xerxes, ha-ha...My experimental system says: if EURUSD doesn't drop strongly here, in the next 2-2.5 hours we will get BUY signal that will quickly move EUR up for min. 50-60 pips... :))
Maybe the relic will print numbers south of 1100 if he divorce rate on the Indian subcontinent surges :-) I just post Armstrong's comments as entertainment for the board readers; I figure that as long as the Fed keeps buying paper and ink, we all know what the general direction of relic prices will be :-)
You need to tell us about your system Dear Ivan; Maybe we can improve it :-)I went short on EURUSD after the hangman formed on the 15 minute at 12:45 as it was near an AP and momentum seemed to wane so I'm praying for parity now :-)
emini296both placesMreportand Files areas
updateon Market \Report
do not like the actionplaced BEven stop
Dear Xerxes, was I right? I mean, my system.
Nice call Dear Ivan
Didn't see your post, Dear Ivan, until just now .... Your call was great; What color is your hotline :-)
standingat break even again
looks like 1200 is the magnet. If I was a betting man, I would say that it hit that on Monday before 11 am et. After that up/down I have no idea but I think down is more likely...
Ok,Once IHAP5 was brokenDHAP2 , HERE WE COME(:-
Dear MichaelThanksGood TradingVery Good Friend
VisitingRelative,Have a nice day and weekend everybodyGOod Trading
dear Xerxes, does it count as a close above 1163? the way to 1500 (or 5000) is free?
Dear Boris.Can you please provide your general opinion concerning the Shekel future. I am not speaing about specific prediction, rather this yar genral outlook.I still remember your 2007-2009 outstanding calls.
Dear Arielwe have let some info "leak out"on our Dollar future and that can be found looking back last 3-5 blog comments( three is a comment search button, somewhat below on the right hand side that you can use, not the upper search field for comments search). I hope that gives you an idea. simple recap here is that we think that dollar has topped at AHAP1 82.50( 9 cents away from AHAP1). Now you can think what Shekel with that. I may publish next article, specific to SHEKEl and hopefully then all will see that.Meanwhile I hope you can have some inferences from the above comment about DOLLAR in generalGood Trading Dear Ariel
I don't know, Dear Alex, if Sr Armstrong would be dogmatic and state that the target wasn't reached and therefore we must wait .... I'm guessing that we are looking at a steamroller here and it is gonna do what steamrollers do, roll baby roll :-)
Querido Boris .... Greece is to get some cash according to B-berg ....Which way EURUSD manana :-)
Dear Boris,Thank you for the prompt response.I am looking forward with great deal of anticipation to your article concerning the Shekel (if you decide to publish it).Meantime, it seems that regardless of the general US basket movements, Shekel has only one direction straight up against the Buck, Euro, Yen and you name it. And even Stanley cannot help it. Thank you once more,Ariel.
"With today's decision, Europe sends a very clear message that no one, any longer, can play with our common currency, no one can play with our common fate," Greece's Prime Minister George Papandreou said in a statement.With this level of conceit dear boris, maybe they drive eurusd down to show papa who's the boss :-)
Buy the rumor and sell the news?
Well,How could the wold do what we knew years ahead. I do not know. I do not, but I am as amazed as you are by events.First they come and drive the EURO down exactly at a time We predicted and saw the hysterics for , exactly, what it was and now, they are driving it the other way, just when we told the wold the Dollar has turned?HOw could this be dear Readers and Subscribers. How could it be. How is it that, Boris, yours truly, can "SEE" events that far and precisely in the future. How could this be?Well, because there is perfect order in this wold and I have, I think( humbly) uncovered that order. This is not to brag and this is not to unnecessarily get in our heads that we are invincible. But it is to show that there is an incredible order behind the apparent disorder and it takes a trained EYE( like mine) to "see" it. This is fact, for our subscribers and even casual readers know that we made internal and public predictions that turned out to be true with great timing precision.I can only try here and give the credit to those who listen to me and appreciate, for , if it was not for them, I may not have much of an incentive to do what I do.My Subscribers, Readers are the force that keeps my Eyes and Brian sharp to "SEE" what is seemingly impossible to see.In fact, as strange as it seems, We can predict the the events by knowing what the markets are going to do.For example, when EURO bashing started, Around November, we knew that it was PLANNED and It was on time and, while we could not tell you exact form EURO bashing will take ( before November), we KNEW that there will be "GOOD REASONS" invented and/or played out to make EURO BASHING work.So, now, I cannot, endow others with my ability to "SEE" the future. That may happen on its own as my subscribers see me in operation and after much time observing they can learn themselves how to predict future. It took me 20 years to arrive to this ability. But observing it happen over and over again, is an undeniable evidence to my followers that it is possible and therefore they should persevere in their own efforts to study more and ability of FUTURE VISION will come to them.We may not be able to tell exactly the events that will be CONCOCTED to make that future reality, but we, usually, have a pretty good what it maybe and CERTAINLY, see as soon as the TRIGGER EVENT SHOWS UP. Like the GREEK CRISIS (:-Good Trading All
looks like they bought the news Dear John :-)
Dear Xerxes, Hotline service:SELL gold in EUR (XAUEUR) :))
Thank you Dear Ivan :-)
Well, Dear Ivan, I must be the dullest anti-sopitalist in the western world :-) I'm still trying to learn chart patterns :-) The EURUSD 'W' pattern confirmed with the overnight breakaway gap but it hasn't reached the top of the pattern and it is said that position traders should be sellers now and only rebuy with a breakout above the pattern start at the 1.38xx area ....
good morning everybody.scratching my head, why Greece bailout should be good for DAX and FTSE. And looks like it is not me only. sell the news?))
Dear Xerxes, I thought on short-term...On IT basis, for EURUSD, I am not sure the game is over. But, you know who is the master on this blog... :))
they just wanted to produce a short squeeze in Greek bonds - so that Greeks can sell them. GS pays for Greek bail out? LOL
Well, Dear Alex, B-berg just had a guest discuss the rescue package .... He outlined Greece's fiscal hurdles and the adjustments required .... This package is just a short-term can kicker; that the adjustments required are astronomically difficult and that in all likelihood, Greece is simply fooked :-)
Interestingly, Sr Armstrong describes October 2010 as being extremely volatile; maybe that's when Greece or someone else (UK?) blows sky high :-)
Dear Boris,Good morning.As always, Thanks a lot!Good trading.Bert
Dear BertVery Good MorningAndGood Traingmy Very Dear Friend
Good Morning Dear Boris
Good MorningDear XerxesGood TradingVery Dear Friend
SPX/DOW has rallied almost every single Monday for months now, a PPT routine it seems .... Will today be any different? I say no but I wonder what Dear Ivan's experiments tell us :-)
Dear Xerxes, unfortunately, I didn't experiment with that.Gold in EUR is down 1 EUR from this morning, but I think it will go down 3-4 EUR more.And pay attention on GBPUSD. Tomorow/Day after tomorrow, it could explode on the upside (150-200 pips).
Dear Boris,I hope you do not mind me posting this here but I know you qualify as a great trader. This is a comment from smilinghiker who I follow on twitter and disus:hiker posted: cut and paste shown below from an email composed by Larry Williams today, the author of Technical Analysis books and with Tom DeMark developed the very foundation of the DeMark Sequential method ... Larry also developed other technical indicators such as the Williams indicator and the ULT:my son, Dr. Jason Williams, is a psychiatrist at Johns Hopkins. Jason has access to a personality testthat has been used to determine the traits most common in, say, the most successful doctors, lawyers, engineers, etc.I asked him if we could use this test to find the common traits in winning traders."Pops", he replied, "Can you find any? Because if you can, we would be able to determine what they have in common and, from the data also understand what parts of the self could be worked on to become even better traders"So here's where the WANTED part comes to play. I am looking for men or women that have been consistent winners in the markets for at least 3 years--the longer the better. I will provide the tests and all the costs; you will get your profile ( I learned a great deal about myself from the test that takes about 20 minutes to do).We will then do an assessment of all the profiles and provide you with what we uncovered.Eventually we will do this with people that just can't make a dime trading for comparison purpose.If you qualify, or know of someone that does, please email me your address and I will send out the materials. All names, etc., are held in confidence. You will not be identified in any manner whatsoever.---------------for those interested, you can be resourceful and contact Larry Williams at his website....Ireallytrade.com ...tell him "smilinghiker" sent you, and please represent your qualifications to take this test atLarry Williams' cost on your own merits.
emini297 on DotOrg
Dear RalphThanks Very Dear FriendGood Trading to youI shall think(:-
Just as a joke that approaches truth.I think one of the most important characteristics of winners are:1) Love of trading as an intellectual challenge2) Hard behind, so that he/she can sit on it long enough to learn what needs to be known3) courage4) total aversion to lossthe rest, who knows(:-Thanks Again Dear Ralph
Just a comment,In previous comment3 and 4 are not mutually exclusivebecause of 3 being the mitigation factor!(:-
I have lost email communications.5 min date will be a bit late
Interesting call dear Ivan :-)
Jim O'Neill of Goldman Sachs says the Greek drama is not over so expect more pain for the euro as it will 'drift' towards 1.20 Dear Boris .... I wonder how a currency 'drifts' down 12% in 8 months Dear Boris :-)
BIS: Bond Investors Are Fools, Western Debt Much Higher Than Official Figures, Recovery of World Economy May Be "Crushed" In a new report, the Bank for International Settlements (BIS) - often called the "central banks' central bank" - points out that bond investors are short-sighted, and that Western debt is much higher than officially reported, since no one knows what the contingent liabilities and pension debts really are, and that the recovery of the world economy may be crushed by fiscal problems. If countries do not retrench quickly, they will create a market fear of "monetization" that becomes self-fulfilling. "Monetary policy may ultimately become impotent to control inflation, regardless of the fighting credentials of the central bank" it said. Some states may be tempted to carry out a creeping default by stoking inflation. "The payoff to do this rises the bigger the debt, the longer its average maturity, the bigger the fraction held by foreigners." The BIS said the danger that any government would consciously take this path is "not insignificant" Of course, a brutal fiscal purge in every major country at once itself poses a danger. The result would be to crush recovery and tip the world economy back into crisis, making deficits worse again.
The BIS says bond vigilantes are fools Dear Boris, fools .... I thought they were supposed to be the smartest guys/gals in the room :-)
"Rehn said all euro zone countries would pay proportionately to their share in the ECB's capital, making Germany by far the biggest lender, followed by France and Italy." But O'Neill of Goldman said that Greece is just a side show, a practice run, as the real prize is ITALY; so it is quite comical that Italy will squander some pelf to aid Greece ... hahaha :-)
Asset tradeAt Market Report
Dear Xerxes,There are no more bond vigilantis any more.They have all been gotten second bar mitzva and were reformed into currency traders(:-Good Trading Dear Xerxes
Good Morning Dear Boris ....
Good Morning Dear XerxesGood Trading Very Dear Friend
EUROPROJ update on DotOrgAlso, new Asset file
Thanks dear Boris. Also we should ignore the price scale and just look at the shape of the prediction correct?Good trading dear friend,Michael
B-berg says that the Greek threat has passed as the default risk has evaporated and contagion risk has receded as well
Dear MichaelYes. Correct, in outlines, the form is important, the levels can not be trusted, even though often they work.Good Trading Very Dear Friend Michael
Greek auction well bid .... B-berg is happy Dear Boris ....
Gold and silver in USD are in SELL mode. They will likely retrace some losses (go up) but I think, the 3-7 days correction has started. The same with AUDUSD.
not only BBerg, dear Xerxes.Germans too.))
So far so good Dear Ivan :-)
Gary Schilling Says EURUSD will reach parity ... Now is a good time, he says to add to eurusd shorts .... Saw him say it myself on B-berg Dear Boris
The IMF has just announced that it is expanding its New Arrangement to Borrow (NAB) multilateral facility from its existing $50 billion by a whopping $500 billion (SDR333.5 billion), to $550 billion. The current lending participant group of 26 entities will be increased by 13 new members all of whom will contribute token amount of capital to the NAB. The one country most on the hook in the new and revised NAB - the United States of America, will provide over $105 billion in total commitments, or 20% of the total facility. The US is currently on the hook for just $10 billion, meaning its participation in global bail outs just increased by $95 billion. And the bulk of these bailouts will certainly be located across the Atlantic. What is most troublesome is the massive expansion of the NAR. If the IMF believes that over half a trillion in short-term funding is needed imminently, is all hell about to break loose.
Borisgood morning- a little swimming?old john
Dear John, did you read about what Senator Schumer has in store for you ... He wants you to register your house so that DEA agents can come over and inspect your HVAC systems, microwaves, washer/dryer, dishwasher, stove/ranges and any kind of small motored items you may own .... If they don't meet official approval, well, you'll need to buy new ones :-)
Good MorningDear John,Did you go swimming?Yes, I went to the see and swam today.It was nice, high waves thoughGood Trading My very Dear FriendJohn
emini 298IN files area
Asset ActionUpdateOn Dot Org
We haveJust collected 9 pts from yesterday short at, almost, precise top 1195 for EMINIWe have does, over 145 pts for last 5 months of trading without a single loss higher than 2 pts and we have over 500 Emini gains since the bottom of 2009 March 6.Not bad. And it was all done by never having a draw down of larger than 2 pts on the average for any given trade.That is what we call trading without ulcersGood Trading All
George Soros is still warning us that Greece could go into a death spiral ... So what's his book look like Dear Boris :-)
new post Dear Xerxes
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