Wednesday, September 19, 2007

Yes, Unmistakable Sell




Dear Readers, The sell signal just got stronger. There is a good news ( for bears) in it and bad news. The sell signal is coming on the kind of strength that has not been seen in 2 + months( bad news, implicates the market could be stronger than many thought). The signal is now more unmistakable than ever ( good news, but will it yield a real strong down move?).
Well, that is where we are and we must respect markets wishes, even as we may not respect those that manipulate it. If we came to play there is not choice, we must play.


Good Trading


13 comments:

john said...

Boris,
Thanks, suggestions on a trade. Smaller than usual.??

Best quote about yesterday when the housing exec. called the Fed. Reserve Chairman " our boy".

I wonder if Ben would come over to my house and cut grass, wash my old Toyota.

Old John

boris said...

Dear John,
It is good to see you in good spirits, at least, good humor. Like that (: :).

He may do it, even now, depends on price, I guess...

Good Trading

Greenie said...

Hi Boris, Honest hard working people of USA had a bad day yesterday. Let's just hope the criminals get exposed faster, so that the public learns their true faces.

Keep up your good work.

Best, G.

boris said...

Dear Greeie,
That was my initial purpose for creating this site.

To return the knowledge and courage to honest hard working people of USA their dignity, for everything else has been taken with no return...

GOod Trading

Greenie said...

Hi Boris, That was very noble of you. I started a website for my friends (mostly in northern california) to tell them about the manipulation in the system and why they should think twice before buying overpriced million dollar houses with too much borrowed money. The result is they think I am crazy, or wishing bad for their 'prosperity' through increase in home values.

G.

boris said...

Dear Greenie,
You know Noa, was also called crazy.
It should be easier to see the Housing manipulation than the total flooding, but you know what I mean.

Good Trading

daveo said...

Dear Boris, sorry for my war rant yesterday. I hope Yom Kippur treats you well this weekend. Daveo

gorli said...

hi boris, yesterday's adv vol/dec vol on nyse was a phenomenally bullish 30:1!
any thoughts?
gorli

boris said...

Dear Dave,
This is our place to rant. And we will.

(: :)

Good Trading

boris said...

Dear Gorli,
WOW, what else can se say, Man. I am not sure we have seen anything lik this before.

It sure looks like the momentum is there to go at least a bit hihger.

Good Trading

waldo said...

Good Morning to all, With the large up move yesterday you would think bullish percent would have went to the moon, well bullish percent on the ndx was up 1, the compq up less than 1. Not to impressive for tech leading. waldo

mlytle said...

Boris,

I agree with you that we could go a bit higher...We are at top of 10 week cycle (today), and euphoria over Ben's give away has not ended....

Mark

boris said...

Dear Waldo/Mark,
GOod Morning, good to see you
Good Trading