Dear Boris...From an EW point of view, looks like we finished a first wave up from 870 to 1020, the first wave of a 5 wave move that should get to the 1100 to 1400 you once mentioned...It looks like we started a corrective wave 2: 24% - 984.....38% - 963....50% - 945...62% - 927....It is even possible that wave 2 ended today already as we got close to the 23.6% retrace...
it is said Dear Boris, and it must be correct, as i heard it on bloomberg :-) that H&S patterns work out 93% of the time, only 7% failure rates....Failures get called Hounds og Baskerville signal, from a Sherlock Holmes piece....So you are a detective already, Dear John :-)
I love Fed day Dear Boris...I started buying a lot after the buck rallied to the first hourly low for the euro...bought several wads from there...
I'm thinkin' now Dear Boris that we haven't finished the first wave up yet for shares, rather than what I said earlier that wave 2 down started...An ongoing wave 1 seems to fit the DP and all the other stuff you tell us...
Of course, I may bail in a few minutes if the euro weakens...We just finished a bullish 3 inside up..Current stick can go either way but I think it will be up :-)
Interesting how gold never got any real traction and its rally at around noon EDT seemed like a 'me too' kind of thing...si i'm wondering if i'm looking at the correct place on the DP Dear Boris :-)
Dear Boris....Have a nice evening... I was thinking about the fed statement and they mentioned how they were going to complete their purchases of treasuries, not in September as was the original plan, but by the end of October...So, what does your work have in store for us then Dear Boris :-)
Bloomberg has a guest who says that Ben and Mervyn's aggressive QE has set the backdrop that arrested the world economic crash, thus allowing the recovery of the French (also up .03%) and German GDPs... Hail Keynesianism :-)
Jobless claims and continuing claims later today Dear Boris....European union wide GDP coming in 45 minutes Dear Boris...
More rocket fuel for the single currency?
There are some who say that the USDX decline to the low 70's last year was halted by Bernanke draining liquidity, thus preventing a 'disorderly' collapse of the buckeroo...Will Bernanke need to do an encore?
49 comments:
Good afternoon Dear Boris
Dear Xerxes,
Good Afternoon.
Good Trading Dear Xerxes
boris,
good afternoon
old john
boris,
good afternoon
old john
Good Afternoon Dear John,
Of course, afternoon is here
(:-
YOu have a good morning very Dear Friend.
10 year auction today, ard 20 billion
EMINI146 on the DotNet.
Enjoy
Good Trading Dear Subscribers
Dear Boris...From an EW point of view, looks like we finished a first wave up from 870 to 1020, the first wave of a 5 wave move that should get to the 1100 to 1400 you once mentioned...It looks like we started a corrective wave 2:
24% - 984.....38% - 963....50% - 945...62% - 927....It is even possible that wave 2 ended today already as we got close to the 23.6% retrace...
Dear Xerxes,
Thanks a lot Dear Friend.
Nice numbers. Yes, we jumped like crazy from TOKYO lows and our turn date, ah( subscribers know where it is!)
Good Trading Dear Xerxes
Looks like the crude inventory build may have sapped the energy out of antidollar Dear Boris
See Alert at DOtNet
Good tRADING dEAR sUBSCRIBERS
Bloomberg says to buy the buck before the fed statement
Another Alert expressing more current view of things
On DotNet
GOod Trading Dear Subscribers
The loonie has absolutely demolished the buck today...2% move from the low already
Please look at the SRS chart on DotNet
Good Trading Dear Subscribers
Please see the EMINI update on
DotNet
GOod Trading Dear Subscribers
Boris,
considering the run up, would think srs would be lower
old john
That is my thinking too, but
market is good at creating diversions , is not it?
Good Trading Very Dear Frien John
Boris,
When I grow up I want to be a detective.
old john
it is said Dear Boris, and it must be correct, as i heard it on bloomberg :-) that H&S patterns work out 93% of the time, only 7% failure rates....Failures get called Hounds og Baskerville signal, from a Sherlock Holmes piece....So you are a detective already, Dear John :-)
xerxes
thank you
old john
Dear John, says
When I grow up...
AMEN!
Good Trading Dear John
Hi Boris,
Does the Fed news change your outlook for antidollars?
Thanks dear friend,
Michael
It hurts me to have devised Plan B, but there was something very apealing in the alternativr plan.
I , usually, stay out on FED days.
SO, that you know(:=
Good Trading Dear Subscribers
Remember, still nothing is broken yet, just movements that may do so
GOod Trading
I love Fed day Dear Boris...I started buying a lot after the buck rallied to the first hourly low for the euro...bought several wads from there...
I'm thinkin' now Dear Boris that we haven't finished the first wave up yet for shares, rather than what I said earlier that wave 2 down started...An ongoing wave 1 seems to fit the DP and all the other stuff you tell us...
Of course, I may bail in a few minutes if the euro weakens...We just finished a bullish 3 inside up..Current stick can go either way but I think it will be up :-)
Dear Xerxes,
DP is not particulary adept to the levels, it is an outline. The entire thing could play out in a painful tradeing range like till now
WHo knows.
Short term trades should work and long term should be build on short term if possible but not relied on
Good Trading Dear Xerxes
Thank you Dear Boris...Shares are doing an unusual late fade.....
Interesting how gold never got any real traction and its rally at around noon EDT seemed like a 'me too' kind of thing...si i'm wondering if i'm looking at the correct place on the DP Dear Boris :-)
your are looking at the correct place, dates are always there on the chart.
The only problem, as I said is that levels can not be guaranteed , neither timing(:-
But timing has more rliability.
Dear Boris....Have a nice evening... I was thinking about the fed statement and they mentioned how they were going to complete their purchases of treasuries, not in September as was the original plan, but by the end of October...So, what does your work have in store for us then Dear Boris :-)
Dear Xerxes, I will look in my book and tell you,unless you already have!(:-
Good Trading Dear Xerxes
Good Morning Dear Boris
German GDP increaded 0.3%...EURUSD soaring...When you say turn, you mean it Dear Boris :-)
we almost hit 3rd high hourly on eurusd dear boris...they love german/french Q2 expansion numbers, which beat estimates
Dear Xerxes,
I just make up these things and thay happen to happen.
But they do happen do not they. How and why I do not know.
As long as I say and it happens who cares.
Just in case, I pray every morning to God so that I am kept in the inner cirle(:-
Good Trading Dear Xerxes
Dear Boris...Could you kindly do a new projection for the euro...eurproj2 was great...I'd like to see where we are now
We should start calling you 'the oracle' :-)
Bloomberg has a guest who says that Ben and Mervyn's aggressive QE has set the backdrop that arrested the world economic crash, thus allowing the recovery of the French (also up .03%) and German GDPs... Hail Keynesianism :-)
Austrian GDP declined 0.4%
Yields on German 10 years soaring this morning Dear Boris
Dutch GDP contracted 0.9% in Q2
131,500,000 euros is the current value of an italian lottery draw today...I think this is a tax-free number
EUROPROJ2
Is on its way to you Dear Subscriber.
If you did not get it let m e know instantly
Good Trading Dear Friends
Dear Boris,
thank you. I notice that it is the same as the one you posted on 8-5-09. Nothing's change? Stay the course captain?
Good trading dear friend,
Michael
Thank you Dear Boris
Jobless claims and continuing claims later today Dear Boris....European union wide GDP coming in 45 minutes Dear Boris...
More rocket fuel for the single currency?
There are some who say that the USDX decline to the low 70's last year was halted by Bernanke draining liquidity, thus preventing a 'disorderly' collapse of the buckeroo...Will Bernanke need to do an encore?
Dear Michael,
Dear Xerxes,
Please move to new post(:-
Thanks all Friends
EU GDP down 0.1% with estimates having been a loss of 0.5%
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