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Dear Readers, all systems are go, we either get the crash in next 2 days or never again(: :) . The latter is an exaggeration. This configuration is so reminiscent of the March and July Crashes. The only significant difference is that it is coming after relatively shorter number f days(1 month) of rally , while the other two were long time distribution rallies ( 3+ months). I do not care. We missed the yesterday's shorting opportunity, now what. We will try again, but here is what I say buy few cheap/worthless put options, either you will be rich in two days or you would lose practically nothing or little. One Caveat, Sentiment is not exactly on our side. PCratios are not the same. Market never gives perfect signals though. It must confuse many to make few profitable.
GOLD , was she warning about something for last couple days? SHE better support at 721 cash ( 07:08 ET), if she does we could explode upside soon.
$US, poor creature, could be getting ready to rally today, tomorrow? Would be nice to get SWISSY to 1.1650 first
Bonds, follow GOLD down?
All these things May Hinge on JPY posture today. Topped 114.35? break much below 114 and Collapse is almost guaranteed in GOLD/STOCKS/BONDS etc.
8 comments:
Good morning Boris
just got back from lake tahoe--beautiful area.
i thot this was intersting astrological commentary among the folks i follow (shortened to save your eyes Boris):
>>Friday Mars moves into Cancer. conjunct the natal Pluto, oppose the natal Sun, of the Federal Reserve Board chart. We can anticipate reversals in interest-rate related markets at that time, and perhaps some criticism directed towards the Fed. for their “aggressive” actions as of late. Right now they are heroes for acting aggressively. That honeymoon will end as soon as economic indicators point out the inflation is starting to rise.<<
jeffrey
Dear Jeffrey,
Thanks for your insightful article. Have I seen it before? Reminds me something. But very powerful reaction could follow if market "loses" whatever confidence we had in FED.
Good Trading and welcome back from TAHOE area, loved the place I was there twice.
My gig though is San Diego(: :)
Good Trading
Dear Boris
None of the astrological thots i post are mine (the >>... info....<< are their interpertation) although i do edit shorten so as not to post very long posts --i follow a few folks but lack the knowledge of financial astrology--- so perhaps someone posted over the weekend while i was gone.
jeffrey
Thanks Dear Jeffrey,
Good Trading
Boris, why you think USD will rally today or tomorrow. I am bullish (+ long position on USD) from some time now, but market thinks otherwise.
here is the link why I think EUR must decline really soon. After the rally on the link, when the price began to fall, we enter short at "average price" of 1.39.70 :(
Let me know what you think.
Nikolay
Dear Nmmm.nu.
Nothing special, the same limit indicators that I use every day and Year, are suggesting a turnaround, but I think it will not amount to much and we go back down soon.
Some players may not to want to play this at all.
Our outlook is $US down into 3/2008
Good Trading
Our outlook is $US down into 3/2008
what do u mean?
Dear NMMM.nu
$US down into 3/2008
it means Dollar is going to be down till next spring
Good trading
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