Tuesday, November 27, 2007

Benefit of no doubt is UP







Dear Readers, while last post said benefit of the doubt is up, now we say benefit of no doubt is up. Ok , why? Primarily because of the two events that took place overnight. One YEN has hit the loooong projected 107 and second the summation BLUE oscillator has decisively penetrated below -2 ( condition for buy, last time we were turning up from -1.8 or so , not low enough, thus creating doubt). It is also one of the lowest seen on the record. In this territory this oscillator is much more reliable indicator of the bottom ( perhaps at least, local).
A note about the timing. Remember we have the ROADMAP ( Aah , how precise that guy(: :) and we also have independently corroborating factors, YEN Roadmap, SPX Mirror, GOLD cycles, Currency cycles and it is scary that they are corroborating each other. We should either hit bulls EYE on what our projections are, or somebody is planting impossible illusions in US . Well, soon you will be able to judge which one was the case(: :)
08:12 ET, YEN is determined to make few more investors miserable this morning. It has corrected back almost an entire correction of last night. Here is what I see. On a multidimensional buy/sell system I have WEEKLY/DAILY/5MINUTE on BUY and 15MIN/60MIN on SELL. I would welcome some more play around here by YEN to flip 15/60MIN time frames into buy as well. At that time there maybe few forces to stop the YEN going lower in Price(higher in numbers above 107 and towards 109 initially).
08:16 ET, As I was posting the above 15MIN time frame flipped into BUY. We may or may not get/need the 60Min in the BUY, but I would love/welcome it if it comes( we did not have one for last 4 days!)
08:45 ET, Looks like YEN is reading our blog and as soon as it saw 4 out of 5 timeframe signals were on the buy... took off and is now above 108 again!
So, what did they buy,prime to by yesterday? OK look into the comment 5 and see the list of groups. 1's indicate favored groups and 0' not favored. You know now, why SPX went down so hard. See all the REITS at the bottom? On the other hand everybody and their mother seems to be buying BONDS? does it make sense ( except we told you to do so in June at the top Dear Readers, do you remember when 10year was 5.30 and people were thinking the end of the great bond bull market has come?! now it is at 3.91, somebody who listened to us is making money without work, hallelujah, i must give a credit to PIMPO's(sorry PIMCO) Bill Gross for being a bond bull, but he was so for 2 years?!, in that timeframe notes went from 4.7 to 5.3 and back down to 3.91. Not nocking anybody down, Bill is a nice man I learned a lot from him)

5 comments:

john said...

Boris,
thanx again
old john

boris said...

Good Morning Dear John,
Good Trading

Ivan said...

Hi Boris,
thanks a lot for your great info. I am long USD/JPY from 108. Could you please advice me here when you think it's time to leave position.

Good trading

Ivan

boris said...

Dear Curaki,

As you know we anticipate a temprary top Nov29/30, but sure. I will notify immediately when time looks ripe ( to me(: :)) to get out.

GOod Trading Dear Ivan

boris said...

What was sold/bought yesterday? at a glance

bondetfs 1.000000
railroads 1.000000
titaniums 1.000000
REITS_IndustrialOffice 1.000000
btk 0.800000
nano 0.666667
pipelines 0.666667
REITS_ComercialFinance 0.625000
mortgage 0.600000
altenergy 0.600000
newspapers 0.600000
builders 0.571429
cleanpower 0.529412
xng 0.500000
pharma 0.500000
oilsands 0.500000
packaging 0.500000
mdcalinstr 0.500000
REITS_Diversified 0.500000
master_lps 0.444444
yninety-new 0.414634
eldorados 0.400000
dividendmachine 0.400000
energy 0.368421
paulgroup 0.357143
bdh 0.333333
food 0.333333
uraniums 0.333333
exchanges 0.333333
currencies 0.333333
seniorloans 0.333333
REITS_Apartments 0.333333
sratio 0.323529
highyield 0.310345
exporters 0.296296
alletfs 0.262136
china 0.250000
brokers 0.250000
REITS_RegionalMalls 0.250000
dji 0.222222
gold 0.210526
banks 0.200000
shipping 0.200000
REITS_ShoppingCenters 0.200000
REITS_LodgingResorts 0.166667
etfs 0.142857
REITS_Office 0.142857
REITS_Mortgage 0.125000
reits 0.000000
water 0.000000
brazil 0.000000
timber 0.000000
generics 0.000000
subprime 0.000000
landtelco 0.000000
basemetals 0.000000
banksCanada 0.000000
REITS_Hybrid 0.000000
renewablefunds 0.000000
REITS_Specialty 0.000000
REITS_HealthCare 0.000000
REITS_Industrial 0.000000
REITS_ManufHomes 0.000000
REITS_SelfStorage 0.000000
REITS_FreeStanding 0.000000

good trading