Please visit the updated ( Thanks Ivan) GROUPTATION Link for ASSET GROUP ROTATION Charts. Note the GOLD/ENERGY bend almost simultaneously with the PINK Oscillator and Dollar as well. Not clear what to make of Nasdaq, seems like a top, while we are at the bottom. Confusing as hell, but perhaps indications are that people are rotating out of tech!
Dear Readers The National SOPITALIST Casino will soon be closed for today and the Wall Street ( WELFARE STATE ) will go to burbs to count money they screwed ordinary citizens out of.
We traded today and collected almost 75c per Q share. Bought it 5 cents from the bottom and sold it 55 cents from the top(ouch -:). Gold... would you like to go back and take my advice to have sold the options 25-30 Dollars ago? who would not? Dollar... What can we say! BOTOOOOOM? Very likely. Is this $US Dollar strength why everything seems to be coming down? You will be the judge, in time , of course. Energy, it is just the same Anti-Dollar beast and it is bruised by Dollar as well.
Good Trading
Precision, Precision, Precision, this is the same in investments as Location,location,location in Real Estate and how did we do? JPY stops at exactly fifth top attraction point. Q's stop at the first top and close at the first bottom(HUH!). I did not even look at the rest.
00:58 ET, There does not seem to be much betterment in the PCratios so far. It still points higher, indicating market could follow lower. This is a time to be ready for anything. Even Lower JPY does not seem to be so good to the markets as substantial decoupling has occurred lately
IF 1364 HOLDS, SPX HEADS TO 1460
04:32 ET, JPY(quote) status 1,1,1,0,0
means sell,sell,sell,buy,buy wk/day/hour/15m/5m , Short term careful, intermediate/long term terrific Sell
04:47 ET, EUR(price) status 0,0,1,0,1
Short term very careful, intemediate/long term terrific Sell
8 comments:
Boris,
I am looking to put on some long term (1-2 year) trades going long the USD and short the EUR, JPY, CHF. What do you think will be the most profitable bet?
Jason
Dear Jason,
If you have to bet that long...
I would prefer you go against JPY,EURO,CHF in that preference.
Good Trading
Please note all I do is experimental and can not be relied heavily on...
i do not have the ability to stand the pain of 2 year events and i stick to 2-120 minutes(::)
Good Trading
Hello Dear Boris....
Speaking about forex here, your buck oscillator has turned up finally....
So do we now have the all clear for scaling into long dollar positions with the minimal of risk?
If so, could you perhaps post some digits for the single currency, swissie, yen....
Thank you again Boris, this time for posting the digits.
Do you still adhere to your thesis that a weak dollar will spur stock gains? I ask because of this analysis:
There is a really good chance the decline from December 11th will end no later than Friday, perhaps tomorrow, right around our next scheduled phi mate turn date. The coming rally is likely a wave 2 bounce, which will last a few weeks, and set up perhaps the worst fall of this six month Bear market, the worst decline in six years. We have identified a Bullish Descending Wedge pattern.......
Dear Boris et al, Gravity down trend ends 1/20, pick 18th or 21st, then up to the 26th. Good trading, Daveo
Dear Xerxes,
I see the scenario described as reasonable.
Pending my own confirmations.
Remember No analysis means too much for me( includes mine)(: :)
I need confirmation all the time with my tools or the forecasts are out!
Good Trading
Dear Dave, Thanks, looks similar to my thinking.
Good Trading
Hello Dear Boris...
I posted that piece as it seemed almost identical to your view....
The other gentleman charges a modest fee for his pearls of wisdom while you view is far more affordable :-)
Thank you...
Post a Comment