Thursday, April 19, 2007

Some DownTurn Is Taking Place



Dear Readers, Some downturn is taking place and that is causing the Buy Pressure to go higher. Will this continue? Nobody knows that. Only by observing and using the short term indicators can you navigate the Shark Infested Rivers of investment. If you are not a trader look at the Cyan Line mostly and see if you can use a longer wave to ride. Due to it being very low an upside potential is not great, but nobody exactly knows how long it will last. With the help of cycle work and sentiment we narrow those time and price targets. You know what they are. In broad terms upside potential is whatever $dollar dictates. Market has been going up only in $ not in other major currencies. This is already telling you that you are in the suckers market, where the powers controlling money devalue it faster than you can buy your worthless stocks. Those bulls on the stock market, why do not they tell you to buy EURO and forget about US stock market. But they and their sponsors(look them up) must make money, somehow. So, help them if you want to, to your detriment, of course. Look bulls have enormous psychological advantage, the markets are in the uptrend 9 times longer than in downtrend, get it? often suckers market go flat to up for months/years. Bulls are "right" more time than bears, get it? Markets are designed to wage the war of attrition on you. No wonder then that fear of "missing the market" rules! especially when so much of the OPM(Other Peoples Money) is used to fatten up the Wall Streets Wallets. They will never tell you that 7 year periods, like 2000-2007, bring real term losses that are never recovered for most investors lifetime. Can you imagine how little "work" they have to do when the markets do "all the work"? Be a smart investor know your markets and when in doubt, just get out! Your are not "bear" cause you did not buy stocks. Buy something else and you are bull. You can be positive even when you shun stocks, get it? Do not let interested parties to churn your investments by intimidating you into "bear".
Gold has problems unless it breaks above this 4 day congestion we could be in for a slide. You know about $ Dollar... Shell I repeat... no, but you need to know that end of the slide is in sight, be ready in next 3-4 weeks for a turnaround. $ index 80 is a nice target for starters. Energy and Gold are just DOGS of JPYen and/or geopolitical events, unless they come to rescue, both will have a problem advancing here. Interest rates rise is taking the pause. Remember FED had two jobs. In the order of importance. 1) Save the economy 2) save the $... from committing suicide. This brackets the I_Rates. Good Trading

2 comments:

Spallino dr.Michele said...

Very good analysis Boris, i appreciate very much from lake of Como, ciaoo Mike

boris said...

Dear Mike, Thanks, I know that occasionally people tome to this site and WHOA, we can make money by listening to BORIS. Well, it is very difficult to make money by listening to anybody ( includes me) I can help good traders, but regular people reading my site should know what they can do and I can do for them and what does the investment world "do" for them. Again thanks and Regards and GOod Trading Dear Mike. Hope to visit lake Como soon.