N QQQQ 51.43 - 51.71
O SPX 1521.00 - 1528.01
O GLD
O RUT
O TSX
Old readings on limits so far
PreMarket ; Focus on 51.70 - 51.78 area early morning in Q's
9:54 ET Had we hit the high for today this morning on the open. Possible! What can I say it was 51.67 or something very close to our targets. Now, the only way to play is to go long at the 20 day MA. 51.40 or low limit 51.43 with very small risk. I can not sell this market at this price
10:03 ET (@51.50) Bounced exactly from 51.42, must hold or long way down
Dear LagScrew, In short: I think, neither RUSSIA Nor WEST want Nuclear IRAN. All singals are given for Deranged Ahmedinejad? to stop. If he Does not... Either he is one of the (INTERNATIONAL SOPITALISTS) playing game ( very profitable OIL game) with all of us. Or he is just about to be blown out of his AH. How do we, usual Mortals get to differenciate? ( Longer he lives more chances of him being the SOPITALIST ) READ MY ARTICLE ( http://www.safehaven.com/article-6019.htm "UPDATE" ) at safehaven.com. I do not think anybody has articulated my stand on this early and clearly enough As I did ( will take any corrections )
10:21 ET 51.40 area held? heading to the top area 51.70ish
Jim Taylor, JD said...
Hi Boris, HI JD,
End of 3rd Quarter tomorrow will bring heavy selling.Now at Major Cluster:
13925
10051 NYSE
2705
2094 NDX100
1530.5
813 R2K.Jim
9/27/2007 12:44 PM
Voltaire said...
There were several days around 10/3/1937 that were not much different but just a couple of days either side of the 10th.3/9/29 to 10/3/37 was 2745 cal days.That gave us the target for July this year which turned out as14/1/2000 - 19/7/2007 as 2743 cal days.That was for the Dow but SP500 had its high on 24/3/2000.24/3/2000 + 2743/5 cal days is 27-29/09/2007.About to find out.Even if Sp500 doesn't make a new high it can still be valid as a peak.Nasdaq and NDX both had highs on 24/3/2000 as well.NDX is at a new high and so certainly does qualify and Nasdaq is so close.
9/27/2007 12:49 PM
Dear Malcolm,
1539.58 is my 3rd Annual Resistance for SPX500. Pwerful HA... HAHAHA... What was the recovery high of 19 Sept? Evnelope Please...
1538.74 sorry to be so precise. All other numbers mean nothing to me, you know, but I must mention GANN number at 1540.24. HuH...
27 comments:
Hi Boris,
Have been away for a few days and was on autopilot. Trying to understand if investors should be picking things up or would that be chasing the market? Major gold stock are still high, juniors are a better deal it seems.
Boris
what do you make of this
http://english.pravda.ru/opinion/feedback/20-09-2007/97410-american_spy_satellite-0
Dear Grasshopper, we are giving the benefit of a doubt to the market ( as you can see). If you are in you will stay. If you want to make a quik trade whatch us.
Otherwise this is not time to establish any new positions on the long side. Gold is looking good . stay tuned though, we are getting nervous about longs in gold.
GOod Trading
39 billion injected by fed/treasury today. Prop job.
Sopitalism, get your quarterly bonus.
TOMO - http://www.newyorkfed.org/markets/omo/dmm/temp.cfm
TIO - http://fms.treas.gov/tip/reports.html
Bart's chart - http://nowandfutures.com/daily.html
Dear Dave,
Thanks for informing us. Really timely and important info.
GOod To hear from you .
Good Trading
Hello Boris,
Have we reached todays upper s&p limit?
Many thanks
Paul
Dear Paul,
According to numbers they are up there and direction ( still looks up to me, daily + intraday ). I must concluse that we have not reached the higs, on Q at least 51.70 or so.
GOod Trading
Dear Paul,
Market is laughing at me. Just as I wrote to you started going lower, so perhaps the early morning opening was the low. I doubt, but for now it is hard to sell as the short term trend turned already down.
Good Trading
Boris: Would you send your safehaven
article title URL please?
Thanks.
READ MY ARTICLE ( UPDATE ) at safehaven.com. I do not think anybody has articulated my stand on this early and clearly enough As I did ( will take any corrections )
Dear WDS080207
Look here
http://www.safehaven.com/article-6019.htm
Good Trading
Fed Injection of $38 Billion is the Largest Since August 10th
CNBC reports the Fed injected $38 billion into the system this morning. This is the largest injection since August 10th. Ben Bernanke has stated he aims to use alternative monetary policy measures to stimulate the economy. He previously brought up Milton Friedman's "helicopter dropping" example as a way to cure deflation. The reason he's so worried about deflation is that a service economy is less capital intensive and not as responsive to interest rate cuts compared to a manufacturing economy
Sorry--missed DAVEO post
UPDATE 27 September 2007: FSB reports show continued activity by US War Leaders against the truth of these events from reaching their citizens, to include: Immediate concessions to the Peruvian Government by the US for their cooperation in the coverup of the satellite crash by approving the long stalled US-Peru free trade pact, and US pressure on Chile who immediately returned to Peru former President Alberto Fujimori.
US propaganda sources are reporting that the radiation sickness of the Peruvian villagers has been caused by high levels of arsenic in the soil, against which Jorge Lopez, Director, Puno Health Department has stated: "No. This is not proven. We have not released this news because we have not performed the water and soil analysis up to now. So that is not correct information." ]
Days of old, JRJC a chinese online finance company only has a p/e of 696.50 and they are still buying it. As Boris says hahaha.
Dear Waldo,
We are at the ECHOBUBBLE, the real one is now in CHINA, and SOPITALISTS want you to believe the COMMUNIS RAT NEST is a BASTION of CAPITALISM. Wait till not everybody is staisfied, they have MAO's Number kept to recall
Is there a TAIVAN 2 story for CHAINA
Good Trading
I seen on tv last night that chinese military hackers are attacking the military computers to try to get in and shut everything down in the u.s., our electric grid,banks, phone service, and of course our airlines. Our great president was told of this 5 years ago to upgrade our system and nothing has been done as of this date. If the american people think the great depression was bad, if that happens they will think the depression was a cake walk.
Dear Waldo,
If Chinese were so smart, they would not drive their entire population as slaves so that they can collect STINKING BONDS and SUBPRIME,
I am not sure CHINES will eventually will know what to do with all the junk they think they get from US/us
Good Trading
Dear Waldo,
when I talk about CHinese, I mean the Mainland FOrmer COummunists.
I think they will eventually run and find another place like TAIVAN to hide all the money they got.
There so many poor people and so few maiking money.
It is a setup just like CHANKAISHEK
GOod trading
Hi Boris,
End of 3rd Quarter tomorrow will bring heavy selling.
Now at Major Cluster:
13925
10051 NYSE
2705
2094 NDX100
1530.5
813 R2K.
Jim
They are getting there money back by selling us lead painted toys and contamated food for our children. The next thing you here about is they will be selling us there medicine, all yes they already are.
There were several days around 10/3/1937 that were not much different but just a couple of days either side of the 10th.
3/9/29 to 10/3/37 was 2745 cal days.
That gave us the target for July this year which turned out as
14/1/2000 - 19/7/2007 as 2743 cal days.
That was for the Dow but SP500 had its high on 24/3/2000.
24/3/2000 + 2743/5 cal days is 27-29/09/2007.
About to find out.
Even if Sp500 doesn't make a new high it can still be valid as a peak.
Nasdaq and NDX both had highs on 24/3/2000 as well.
NDX is at a new high and so certainly does qualify and Nasdaq is so close.
Dear Waldo,
It is not they, it is SOPITALIST MULITNATIONALS from here and EUROPE and once they find VIETNAM more profitable, they will obliterate CHINA and move. And then CHINESE RICH (SOPITALISTS) will run, like I said. They need to find another land like TAIVAN or BRING THEIR MONEY TO USA...
Maybe WE Know what we are doing after all..
Good Trading
Gee, this battle over SPX 1530 has been going on for a week. Why is this mark so important - defended so heavily by sellers?
daveo, i'm a confirmed conspiracy theorist as far as the Fed goes, but have come to believe that the net figure is probably the key one. anyone else care to offer an opinion?
i think the answer is important, because i collect evidence in case there's ever an opportunity for a prosecution. and you know how bad it is for the prosecution case if an important argument is proved unfounded in court.
of course, if it's a revolutionary court, it might not matter! :)
Boris, you are absolutely right, when nafta was signed it was sending everything to mexico, now china, and yes you will be right about vietnam.
Dear Readers, I do not want to be misunderstood as liking what I just said about CHINA and SOPITALISTS in general, that is just the way the GAME is played. That is all.
It has nothing to do with me. ALl know where I stand with regards to SOPITALISM. Chine has plenty of their OWN. Former Communists are First In line.
Good Trading
Dear Malcolm,
1539.58 is my 3rd Annual Resistance for SPX500. Pwerful HA... HAHAHA... What was the recovery high of 19 Sept? Evnelope Please...
1538.74 sorry to be so precise. All other numbers mean nothing to me, you know, but I must mention GANN number at 1540.24. HuH...
BTW the net fed figure is available at the site john b gave some time back:
http://www.gmtfo.com/reporeader/OMOps.aspx
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