Thursday, March 13, 2008

Attraction Points(Apoints)

SPX 1277,1270,1261,1249 - 1302,1307,1317,1329

Sorry, I had a real problem with the blogger, it would not publish the numbers for 5 minutes or more.

We could have the bottom set in this morning, the early low is important if holds in the stock market
12:12 ET, Yes Dear Readers, 'twas the bottom. Can you all see the magnificent 99.9400 number in your emails? Yes the one that JPY bottomed at and stocks bottomed at the same time... HALLELUJAH!
God keep this blessing coming, will you?

13:37 ET, is JPY kissing 4th high Attraction Point(AP) or what?

25 comments:

john said...

Boris,

thanx

old john

boris said...

Dear John, ENjoy
GOod Trading

Anonymous said...

Hello Boris...is MDS still on a buy ?

Thxs

Anonymous said...

Whats strange about the current conditions is that the PUBLIC (ISE 15 day put/call ratio) is the most negative I have ever seen it....and its been that way for almost 1 1/2 months now. Its extremely unusual for the PUBLIC to be on the right side of the market for such an extended period of time.

boris said...

Dear Hamakua, MDS and other system functions are shown in the status at the right.

It shows XBBB , which is a buy for MDS, pressure and summation

Good Trading

Unknown said...

Hamakua,

Absolutely, the 15-day ISE moving average has been below 100 for basically 37 trading days in a row (counting today). The MA hit an all-time low of 85 yesterday.

In October '02, the index only stayed below 100 for 20 days. That marked a huge bottom. And recently in August '07, it was under 100 for 10 days.

I don't know what we're dealing with today. Too bad this index doesn't go back more years...

boris said...

Dear Blaine,
Good To hear from you. Stil recovering from LVegas?

How do youlike our JPY bottom today?

Good Trading

Unknown said...

Boris,

Fantastic call on the Yen! My hat is off to you.

I started a new job recently and have been distracted and not trading much. I am trying to get back into the swing of things. One day my hope is to trade full-time - like old John :-), but until I can grow my account, I am stuck in the corporate world.

BTW, does this yen/stock market bottom have legs? Do you think we will finally have a 60-90 day counter-trend rally?

Thanks as always,
Blaine

Ivan said...

Hi Boris, oscillators file should be OK now. Regards, Ivan

john said...

Blaine.
All you need is 30 years on a job with a little pension and you will be all set. Then you will be old and hopefully retired.

old john

boris said...

Dear Ivan
Thanks a lot

GOod Trading

boris said...

Dear Blaine,
Indeed, it hepls to have "mellowed" spiritually speaking before getting into this ring.

Good Trading

boris said...

Dear John,
Right on.

Good Trading

boris said...

Dear Blaine,
Sorry...
about your question...

This is a one difficult market to figure. So, we will roll with the punces ( or MDS as it were(:- )

I think this market may have more bottoms than you know who...
Good Trading.

Ivan said...

Hi Boris, please, shortly, your thoughts about GBPUSD. Can it go above 2.04? Many thanks, Ivan

boris said...

Dear Ivan, the GBP should have finished the job at 2.0396.
It is reversing for good , in my opinion.

GOod Trading

Sharon said...

DOllar-SHekel

what a day.

bank of Israel buys dollar for the first time in 10 years

boris said...

Dear Sharon,
If you can see the low in dollar shekel must come between the end of march and beginning of april, so there we are...

The fact that Bought SHEKEL is the indication they have let DEGENRATE speculators run too far...

I have not trust in central bankers whatever, these people are wothless at best and dangerous at worst and fist left the building

Good Trading

boris said...

Dear Readers/Sharon, I would add to that the next...

Soon we are going to see MR Trische ( arrogant bankder, eat his own words), just like another arrogant one BOE did.

GOod Trading

Unknown said...

Boris,

Currency talk in the news suggests dollar bottom/euro top:

1) At the Taj Mahal, dollars were always legal tender, alongside rupees, for entry into the palace. But because of the falling value of the dollar, the government implemented a rupees-only policy a month ago. Indian merchants catering to tourists have also turned bearish on the dollar.

"Gone are the days when we used to run after dollars, holding onto them for rainy days," said Vijay Narain, a tour operator in the city of Agra where the Taj Mahal is located. "Now we prefer the euro. It gives us more riches."

2) "If the dollar's going down ... save it in Euros!!!" say the signs popping up around La Paz for Bolivia's Banco Bisa.

3) In Manhattan's Bowery district, Billy LeRoy, the owner of Billy's Antiques & Props, prefers payment in euros so he can stockpile the currency for his annual antique buying trip to Paris.

"Whip out dollars at the French flea market now, and they'll shoo you away," he said at his store near apartment buildings where Europeans are snapping up units because they've become dirt cheap. "Before it was like the second coming of Christ, but now they don't want it or if they do take dollars, they're going to take their pound of flesh."

john said...

Boris,

thanx again, another sunny day ( 2 in a row) and I am going for my walk. Did ok but it was hard buying those Qs down there.

old john

boris said...

Dear Blaine,
Dear John,

Thanks and good Trading

NMMM.NU said...

Hi,
sorry to ask you the next day:

Can you all see the magnificent 99.9400 number in your emails? Yes the one that JPY bottomed at and stocks bottomed at the same

What do you mean JPY bottomed ? Isn't USD/JPY bottomed?

Nick.

boris said...

Dear nmmm.nu.
What I mean is very simple. USD/JPY bottomed, but I do not spell it that way.

What bottomed was the JPY quote so when I give yuo 99.94 and tell you bottmed , that means that the JPY quote went higher , which in turn measn the price of JPY went lower.

Good Traidng

Anonymous said...

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