Today's market outlook does not look much different from yesterdays and in the context of MDS picture sent to subscribers to day, it must be very clear what our expectations are next couple days.
824.62 822.27 818.45 813.71 xau
832.18 834.53 838.34 843.09
878.95 873.95 865.82 855.75 es
900.05 905.05 913.15 923.25
883 879 873 866 spx
897 901 907 914
29.33 29.14 28.84 28.45 qqqq
30.14 30.33 30.63 31.02
91.051 90.921 90.709 90.448 jpy
91.599 91.729 91.940 92.203
1.185 1.184 1.182 1.180 chf
1.190 1.192 1.193 1.196
58 comments:
So far, this market is just feeling out short term trader stops and running them.
Good Trading
Dear Boris,
Computer locked me out again.Bios
pw.unavailable.Still in shop. So went and bought new desktop.Up and running. When I locked out, went to library computers for quotes.
But when I want to find out current status of all the financial markets I turn to only one source....BORIS.
Many thanks and
good trading to all,
Klaatu
Dear Klaatu,
Good To see you ONLINE again.
When I look for inspiration I always look for your message My Dear friend.
YOu are my address when I look for POETics in the market.
Keep up writing the best scripts anybody can.
Love you Very Dear Friend.
Good Trading
Boris
Poets in the market- well said - never looked at Klaatu that way but very true
old john
Dear Klaatu,
has a "feel of a poet".
He can put the words together that would take me centuries to find them first and then put them the way he does.
I can do that in some of my ( 9 ) languages, but English is too rich for a scientific type like me to assimilate all.
For him it flows, So I call it at POETISM
Good Trading
Dear Bob,
I have placed the MDS on Psite and
all can see it there.
That is all subscribers
Good Trading
Dear Readers,
Volume of the market seems to be lethargic here
Good trading
Good morning all, well here is my take by watching volume, the plunge protection team is determined not to let this market fail at these levels. For some unknown reason they are holding this market at these levels. The spy 500 is above some very important moving averages on different time frames and they seem like they do not want those levels to become resistance again. Thanks for listening, waldo.
Dear Wadlo
Thanks for your interpretation
OF the situation
Good Trading
Dear Boris/John
Thanks for the kudos gentlemen.
This blog brings out the best in everyone.The astute comments from all the traders are much appreciated.
Without a doubt,John, your moving to Arizona brings hope to us all.I can't tell you how happy I am for you.With your Job like patience and Boris' Solomon like wisdom there is hope for us all.
Meanwhile the first snows of the season begin here this weekend ;-)
If there's enough I might even buy some Nat.Gas again!
good trading.
Klaatu
btw Klaatu is the robot in the great 50's sci fi flick: "The Day The Earth Stood Still". This week they released the updated version which I will have to see.
Klaatu-Barada-Nikto
Klaatu,
I remember the movie. We have had snow on the ground for 2 weeks, earlier than usual. I am sure it was in honor of my soon departure.
old john
Dear Klaatu,
I will look up the movie.
See if I can find here.
I wondered about the name, but I think you told us once about it and it is good to refresh my memory, as I seem to have forgotten that fact.
Good Trading My Dear Klaatu
And Yes, there are few people that have the patience like John.
He is like Submarine.
Nothing move him easily(:-
Good Trading
Hello dear Boris....
Who turned on the Euro boosters?
xerxes
Banks are peewwking their guts out again---I just saw a gizzard
xerxes,
I was watching that myself. Not a currency person but it seemed like a big move to me.
old john
Dear Klaatu I hope your are ingesting CQ10 it is one important suppilment that is used in high tech treatment , it will help in rebuilding you heart, check the web, check with your heart doctor, it is sorta a mircle food and yes I will be going to the movie this weekend. Jim
Hello Dear Boris...
Euro is crushing the franc again. Seems coincident to SNB move today.
This is 7th straight week of black sticks. I read somewhere that 8-10 sticks is max before some kind of reversal....Still some time to wait...
xerxes
Boris,
Yes, I saw the MDS data in the Psite. Thanks. Notice that the buy signal of the March time frame, looks like it came in higher than the sell signal. Maybe, just maybe, with all the gov intervention, the big decline may not materialize until after the WBR bubble. This will then take us to the ybr upturn. IMHO.
Good trading, Bob
Hello John....
Over 300 pips is massive...In the old days it would be almost like a 'black swan'....I guess
That's why good money management is so critical. If you're on the wrong side of such massive moves, and don't manage your pile well, you lose a lot more than lunch money :-)
This volatilty helps the pharmaceutical houses sell HBP meds :-)
xerxes
Dear Xerxes,
I do not know.
Do not blame me for everything bad you see out there(:-
Good Trading
I am in no hurry to stay in the market everyday and yes I miss some good moves, but until we hit the bottom on ybr I will only trade some days and today so far is not a good day to trade. If anyone wants to trade the futures you should start looking at 3:40 am ET. The market seems to bottom or top at that time.waldo
Waldo,
Even I am not up that early
old john
Hello Dear Boris....
Dd we get a tweezer top reversal on the 15 minute at 1.3405??
Looks like you may need to add a 6th 7th and 8th daily AP :-)
xerxes
SWISSY just completed an ABC with 100% equil sides on the upside ( down quotes)
Could it stop here
Fifth IHAP as well?
Good Trading
Dear Bob
Good Thinking
!!!
Good trading My Dear Friend
Hello Dear Boris....
You got great eyes Boris :-) I guess you are referring to the daily...
xerxes
Dear Xerxes,
look at the APs on the post.
1.1800 is right there.
It is an Intraday.
Now there is even a stronger support just below it around 1.1769 or so, which is a 50% FIBO
Good Trading
Hello Dear Boris....
I can only get daily ap's...
When I pull down intraday the display gets wild with computer language gibberish....
xerxes
Dear Xerxes
Can you plealse read this post,
Not just comments!
Immediately and look for CHF(:- !
HUH
GOod Trading
Hello dear Boris...
Oh okay, I see it now...
xerxes
Dear Jimww,
I take CO Q10,quercetin and resveratrol.Heart is not the problem. Hiked 6 miles in Sierras 2 weeks after heart attack. My problem has been cognitive dysfunction caused by taking one 500mg. pill of an antibiotic called
LEVAQUIN 4 1/2 years ago.
I was rushed to hospital with severe allergic reaction and had weird symptoms for months/years afterwards that I did not attribute to it. I have an auto-immune response that mimics lupus.What I accomplished this week would have been an impossibilty just a few months ago,
so I think I may be slowly coming out of it.Reports gave little hope for recovery at my age.Reports are like Boris' comments on the Wall Street Journal;they only told me about the past.I fought hard and the simple truth is I believed that somewhere out there lied the answer. I attribute recovery to fasting,veggie diet,vitamins.I followed a strict holistic remedy for lupus. I still have a severe allergy to the sun, a numb toe and inflamed tendons on my palms.In the last few months I discovered
DMAE and 5 HP tryptophan. DMAE(called the smart pill) worked miracles on me.I feel sharper and more alert.The diet I am on should add years to anyone's life,but
I try to avoid Kryptonite as it prevents me from jumping over buildings.
Thanks again for the advice.
Good trading
They are taking it down slow so no one will jump out of the windows. They don't want to scare any longs here until it's to late. just watching and cleaning out the pantry. waldo.
Dear Waldo,
Good thoughts(:-
Good Trading
Boris, do you have any plans to come to the states in the future. waldo
Dear klaatu you are a smart cookie, just wanted to help. Keep up what you are doing, very smart. Thr only sugestion I wood make is you MAY have a continual culture of imparied bacteria way up in your upper gut...very hard to elimanate. A controled fast of 3 or 4 weeks with liveing foods and high colonics could clean you out..Check out Ominia health clinic in lemon grove calif just outside SAN DIEGO. You will basicaly live on wheat grass and fermented cabbage water and your other suppliments . Cheers Jim.
Hi, Boris.
Waldo,
Cleaning out the pantry might be the best way to tolerate today's market. :) Wake me up if the market decides to react to the currency craziness.
Lagscrew, John:
IYR (SRS) is testing the top of the previous squeeze. If the market recovers by close, we'll likely see a huge squeeze. If it breaks, a vacuum might turn on.
Dear Waldo,
I could be in states in few months/weeks.
Sorry could not see your post.
Most likely destination are south.
CALI area.
Good Trading
Boris,
I would love to meet you. It would be my pleasure to drive to California if/when you go there.
old john
I went to college in the SoCal area. Such a nice place, and I haven't visited the area in years... jealous. :)
Hello Dear Boris....
Did the single currency empty its quiver?
Is it forming a shooting star on the daily?
I had an order to short just over the upper channel line at 1.345 and wasn't hit....
xerxes
Dear John,
We will see how the schedule works.
But it will be my Pleasure to meet with you and family. In fact, it will be my honor to meet person of your statua, which for me always exmplified what/how America was/should be. Not the charlatans that populate the elite of it today.
Thank god we have people like you Dear JOhn.
There is hope until those are around.
Thanks for the offer, we will stay in touch.
FOREVER!
Good Trading My Dear Friend
Dear Vin,
I will visity your college for you, if you will tell/ask me(:-
Love you man. ENjoy! My Dear Friend
Good Trading
Do visit Caltech over in Pasadena if you get the chance. It's a small but very pretty campus. You'll probably meet plenty of wizened and budding physicists, too. :)
Dear Xerxes,
YOu are becoming trader.
Nothing wrong with that!.
I said 1.18 was a place to short the EURO/SWISSY for a quick trade.
Now, we are fur from there. But this is a shor term trade we are tlalking about right?
Good Trading
Dear Vin,
When embarking on my PHD in USA, I went over 50 universities I could go and California was my dream.
Then something stopped me in PITTSBURGH, which I loved at the BRADSHAW, GREEN, LAMPERT, HARRIS, SWAN, STALWORTH ERA! ( HUH HUH!, GOD, how good it felt to be there in cicy of champions late seventies )
In any case, California is my love and SanDiego is the place where I want to go to haven, IF JERUSALEM does not accept me ( of course)(:-
Love to see your college
Good Trading Dear VIN
Hello Dear Boris....
I was conservative, too much I guess, and wasn't hit....
I'm not a quick draw type so now I wait for the sticks to show something. Seems like standard indicators are suggesting dollar strength on dailies but possible curtains on weeklies....So I still need handholding :-)
xerxes
Dear Readers,
The Bus is coming in as we thought. We anticipated the decline that will create a BUY signal ( did not say opportunity yet, as we will need to examine the whole picture before plunge , if any).
Good Trading
sold some shorts
Dear Lag, ENJOY
GOod Trading
Dear Investor, please put back half of what you protected around 892 ES MINI now that ESMINI ias at 875
GOod Trading
sold 75% shorts
sold all shorts and bought some drys
Boris,
Sorry for the delayed reply. Ms. Market heard our complaints and stole away my attention. :)
In some ways, I envy the pure and focused nature of your era. It must have been an exciting time.
Are you moving to San Diego? Just visiting?
Dear boris your team screwed my team ( oakland raiders) soooooo many times ugh, remember the immaculant reception ? HeHeHe , I am a Arizona Cardinal fan now....poor poor Al davis , he needs a miracul. Take care buddy Jim.
Dear Vin,
I must have visited SanDiego 100s of times.
I could not stand cold of NYCity and went to SanDiego every other 2 weeks each winter!
Yes, I was making much more money then(:-
Just visiting this time.
ANd I have friends there.
GOod Trading Dear Vin.
Yes, the market... it snuck on us!
Dear Jim,
We had all the keys to Raiders.
Forget it man(:-
It was such fun and As Vin said
it must have been a time of a more innocent AMERICA.
Well!
Good Trading
Ha. I'll have to take a trip out to San Diego some day; I hear that it's particularly beautiful. My memories of SoCal are mostly of a vast concrete jungle. :) (Must be all that time working in building basements...! :D)
I might forget to tell you later on, but do have a wonderful trip. 'Night, Boris.
----
John, remember your short squeeze question from a few days ago? :)
I think that the past week of grinding levitation could make this break a little scary. However, I don't yet see a reason for new lows, since many like us are hungry for discounted merchandise...
Vin,
I do not think there will be new lows this time. Maybe a little later , the YBR
old john
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