xerxes said... So who should we believe Dear Boris ... the French or the Goldmen :-)
5/17/2010 6:42 AM
xerxes said... Ramin Toloui, a senior portfolio manager at Pimco, said the European Central Bank’s decision to buy government debt could be backfiring. Instead of encouraging private investors to keep their government debt, the programme might be leading to more sales, he said.
“The risk is that investors are using the ECB as a vehicle to exit their positions,” he said.
SELL MORTIMER, SELL!!
5/17/2010 7:59 AM
xerxes said... Steve Barrow, currency strategist at Standard Bank: “Finance ministers in the eurozone might argue that they acted to save the euro but, in reality they acted to save national bond markets – and the euro is the fall guy.”
SELL MORTIMER, SELL!!
5/17/2010 8:08 AM
john said... Boris
good morning
old john
5/17/2010 8:57 AM
boris said... emini319 On Market Report
5/17/2010 9:26 AM
boris said... My Very Dear Friend John
Good Mornning and Good Trading To you
5/17/2010 9:27 AM
xerxes said... BOA Merrill Lynch ---- Gold to 1600 --- Break of 1.20, hello parity ...
5/17/2010 10:20 AM
Comment deleted This post has been removed by the author.
5/17/2010 2:23 PM
boris said... After all the games the market closing with Inside day close
That is what we thought will happen and told our subscribers before market open(:-
Good Trading All
5/17/2010 4:12 PM
xerxes said... Good Morning Dear Boris ...
UBS says on B-berg this morning that although EURUSD may bounce to 1.25 it is likely to travel below 1.20 to 1.15 by 2011 but 1.10 is possible as well .... they think parity is unlikely .... fair value was said to be 1.20
5/18/2010 2:50 AM
boris said... Purchase Parity Value OF EURO is Around 1.23 or so.
So, 1.50 was expensive and 1.10 will be pretty cheap. Currencies can move long time against PPP though
Good Trading Dear Xerxes
5/18/2010 4:34 AM
boris said... GOod Morning To you too
Very Dear Friend Xerxes
5/18/2010 4:37 AM
xerxes said... B-berg interviewed an EU official that claimed 1.10 as fair value but he would be on the cheap side ....
Based on the price of petrol, the euro should buy 1/2 a buck Dear Boris :-)
5/18/2010 4:43 AM
Wanderer said... Dear Boris, Good morning. Thanks and good trading.
Bert
5/18/2010 5:55 AM
xerxes said... Russia cut the share of euros in its international currency reserves to 43.8 percent at the end of 2009 from 47.5 percent a year earlier, Interfax reported yesterday, citing central bank data. "
5/18/2010 6:16 AM
boris said... Good Morning And Good Trading My very Dear Friend Bert
In Mid March we thought the GOld will have cycle low around April 21. Yes, we thought initially that low maybe lower than previous low of March 26, which we also identified as a cycle low!!!
Once it was clear that April 21st ( +- couple days) was a low, we projected that high date at Early May. We did not think new will be made by then, but could not rule it out either. In any case.
If you( and we did) knew all of these points( turn times)
WHY IN THE WORLD WOULD CARE WHAT EXACT LEVELS THESE WILL BE( even though we did , mostly)?
Well, we/you should care really. Just by low and sell high.
Obama is long Treasury notes and bonds to the tune of a couple million ... He told us to go long at 666 .... Seems like this guy is a great trader Dear Boris
The number 1.20 was not hard to guess, What was hard to guess, was what will be promoted this time and to what extent and GOLDMAN has more than a guessing part in that.
They can make it happen, with you and me giving them zero % Cheap money.
Count that one for Goldman. But make sure you do not believe everything they say or you would have lost 78% of your money waiting for OIL to go over $200
80% of the Goldmen recommendations to its clients were losers Dear Boris .... 80% .... Why do people listen to them .... Apparently their only winner was to sell EURUSD at 1.35 targeting 1.20
Dear Xerxes, yes,Ludwig Von Mises, Austrian School of Economics, that is what could save this world... But the powers don't like it because they would lose the tools for manipulations.
For your German/Austrian/Swiss friends, I recommend the book 'Krankes Geld- Kranke Welt', the author is follower of Austrian School. That is the book about our banking system which has systematic error, about money printing and inflation,... I have just read it this weekend... Very good book, though there are other similar book in English.
A small question: from what I know PPP of EURO for 2009 was around 1.17. (http://stats.oecd.org/Index.aspx?datasetcode=SNA_TABLE4) Where is the 1.23 you mentioned coming from? Thanks.
Dear Ofir, I do not keep this info handy( it is useless number for trading). I looked at tables presented few months ago, do not remember the source,( I believe those interested can find it at IMF/OECD sites). So, the rest was, what I thought has happened in the markets since then.
59 comments:
xerxes said...
So who should we believe Dear Boris ... the French or the Goldmen :-)
5/17/2010 6:42 AM
xerxes said...
Ramin Toloui, a senior portfolio manager at Pimco, said the European Central Bank’s decision to buy government debt could be backfiring. Instead of encouraging private investors to keep their government debt, the programme might be leading to more sales, he said.
“The risk is that investors are using the ECB as a vehicle to exit their positions,” he said.
SELL MORTIMER, SELL!!
5/17/2010 7:59 AM
xerxes said...
Steve Barrow, currency strategist at Standard Bank: “Finance ministers in the eurozone might argue that they acted to save the euro but, in reality they acted to save national bond markets – and the euro is the fall guy.”
SELL MORTIMER, SELL!!
5/17/2010 8:08 AM
john said...
Boris
good morning
old john
5/17/2010 8:57 AM
boris said...
emini319
On Market Report
5/17/2010 9:26 AM
boris said...
My Very Dear Friend
John
Good Mornning and
Good Trading To you
5/17/2010 9:27 AM
xerxes said...
BOA Merrill Lynch ---- Gold to 1600 --- Break of 1.20, hello parity ...
5/17/2010 10:20 AM
Comment deleted
This post has been removed by the author.
5/17/2010 2:23 PM
boris said...
After all the games
the market closing with Inside day close
That is what we thought will happen and told our subscribers before market open(:-
Good Trading All
5/17/2010 4:12 PM
xerxes said...
Good Morning Dear Boris ...
UBS says on B-berg this morning that although EURUSD may bounce to 1.25 it is likely to travel below 1.20 to 1.15 by 2011 but 1.10 is possible as well .... they think parity is unlikely .... fair value was said to be 1.20
5/18/2010 2:50 AM
boris said...
Purchase Parity Value OF EURO is
Around 1.23 or so.
So, 1.50 was expensive and 1.10 will be pretty cheap.
Currencies can move long time against PPP though
Good Trading Dear Xerxes
5/18/2010 4:34 AM
boris said...
GOod Morning
To you too
Very Dear Friend
Xerxes
5/18/2010 4:37 AM
xerxes said...
B-berg interviewed an EU official that claimed 1.10 as fair value but he would be on the cheap side ....
Based on the price of petrol, the euro should buy 1/2 a buck Dear Boris :-)
5/18/2010 4:43 AM
Wanderer said...
Dear Boris,
Good morning.
Thanks and good trading.
Bert
5/18/2010 5:55 AM
xerxes said...
Russia cut the share of euros in its international currency reserves to 43.8 percent at the end of 2009 from 47.5 percent a year earlier, Interfax reported yesterday, citing central bank data. "
5/18/2010 6:16 AM
boris said...
Good Morning
And
Good Trading
My very Dear Friend
Bert
5/18/2010 6:23 AM
Leave your co
G OOOOOOOOOOOOOOOO LD!
Danny Blanchflower, Economics Professor from Dartmouth College says on B-berg that EURUSD parity is 'unstoppable' Dear Boris
Well, Well,
In Mid March we thought the GOld will have cycle low around April 21. Yes, we thought initially that low maybe lower than previous low of March 26, which we also identified as a cycle low!!!
Once it was clear that April 21st ( +- couple days) was a low, we projected that high date at Early May. We did not think new will be made by then, but could not rule it out either. In any case.
If you( and we did) knew all of these points( turn times)
WHY IN THE WORLD WOULD CARE WHAT EXACT LEVELS THESE WILL BE( even though we did , mostly)?
Well, we/you should care really. Just by low and sell high.
Is not it what Grandma told us about markets(:-
I meant of couse
Just Buy Low and Sell Hugh(:-
Emini320
On
Market Report
B-berg tells us the world is bullish on America Dear Boris
Dear Xerxes
Do you remember,
What B-berg said at SPX 666
Best I remember, it was not
"world is bullish on America"
(:-
Bloomberg is a great Misinformation network
Good Trading
I must point
it out that is not because they want to.
They just do not know any better
Good Trading Dear Xrexes
When CNBC offered
Market/Economic opinion I turned them off
WHen B-berg started doing the same
I did the same
TURNED THEM OFF!
Bloomberg wants to look a hybrid between the short skirted bebe's LIke FOX and Braindamaged Economists of CNBC.
Now, nobody knows what B-berg is any more
Because the best of the best.
Real Information they used and still provide is getting lost in between the fluff
GOod Trading All
I wouldn't call Margaret Brennan a 'babe' Dear Boris :-)
I think B-berg is comical and that's what they offer --- laughs
I share their MARVEL thoughts with you :-)
Soros bought a huge wad of JPMorgan Dear Boris ... Did he liquidate his gold trade to buy the shares ...
Obama is long Treasury notes and bonds to the tune of a couple million ... He told us to go long at 666 .... Seems like this guy is a great trader Dear Boris
Closing Update
Marker Report
The Goldmen didn't lie this time Dear Boris ... 1.20 - 1.21 ... mission accomplished
The number 1.20 was not hard to guess,
What was hard to guess, was what will be promoted this time and to what extent and GOLDMAN has more than a guessing part in that.
They can make it happen, with you and me giving them zero % Cheap money.
Count that one for Goldman.
But make sure you do not believe everything they say or you would have lost 78% of your money waiting for OIL to go over $200
Good Morning Dear Boris ....
Seems like the euro is falling faster and faster .... 15 cent fall in a month ... Parity by the 4th of July Dear Boris?
B-berg is replaying the piece with David Blanchflower where he says parity is 'unstoppable'
New Oscillators_net3.xls
File on
Services->bigpictures area
Pay special attention to the
Dollar Asset Oscillator.
Good Trading all
B-berg says that the German ban on short selling is an 'act of desperation' Dear Boris ...
"The government is the only institution that can take a valuable commodity like paper and make it absolutely worthless by printing on it."
- Ludwig Von Mises
Correction to the
Text
At Market Report
Really, mean Bearish(:-
80% of the Goldmen recommendations to its clients were losers Dear Boris .... 80% .... Why do people listen to them .... Apparently their only winner was to sell EURUSD at 1.35 targeting 1.20
B-berg asks if we should 'revive the gold standard' Dear Boris ...
They suggest 1500 by year's end
Dear Xerxes,
yes,Ludwig Von Mises, Austrian School of Economics, that is what could save this world... But the powers don't like it because they would lose the tools for manipulations.
Dear Ivan,
Manipulation, as bad as it sounds
is a nice word.
The real one is
THEFT
Good Trading Dear Ivan
Dear Boris, exactly.
For your German/Austrian/Swiss friends, I recommend the book 'Krankes Geld- Kranke Welt', the author is follower of Austrian School. That is the book about our banking system which has systematic error, about money printing and inflation,... I have just read it this weekend... Very good book, though there are other similar book in English.
Eurozone policy makers are 'out to sea' in this unfolding tragedy --- B-berg
The buck has cut the euro and pound and franc down to size, is working on the aussie and loonie but the mighty shmeck bucks the trend Dear Boris :-)
Dear Boris,
Good morning.
Thanks and good trading.
Bert
Please see
Urgent update
On Market Report
Boris
Walking or swimming? Good morning
old john
If one trades in a bathrobe, Dear Boris, does that make one a 'naked short seller' :-)
emini321
At
MarketReport
Dear Bert
Good Morning
and
Good Trading My Very Dear Friend
Dear John
Good Morning
and
Good Trading My Very Dear Friend
Today I am Floating(:-
Considering the Markets
SNB active today
GOOOOOOOOOOOOOOOOOLD
!
Yes, gold is up 950 since Gordon sold a bunch Dear Boris :-)
I hope nobody missed the ILAP4+Fibo 61 at 1100 area.
Dear Boris,
A small question: from what I know PPP of EURO for 2009 was around 1.17.
(http://stats.oecd.org/Index.aspx?datasetcode=SNA_TABLE4)
Where is the 1.23 you mentioned coming from?
Thanks.
good morning dear boris
Dear Ofir,
I do not keep this info handy( it is useless number for trading).
I looked at tables presented few months ago, do not remember the source,( I believe those interested can find it at IMF/OECD sites). So, the rest was, what I thought has happened in the markets since then.
Good Trading Dear Ofir
Dear Xerxes
Good Morning To you My Very Dear Friend
Chances are not bad that we close this week about 1050 SPX!
Europe already have Black Friday. Chances are good for USA now.
Only appetizer served in Europe Dear Ivan ... Friday is main course :-)
update
about GOLD
Market Report
unable to brring upd the chart
Please,Please
Construct your own scenarios
Update
On
Market Report
Double dippin' talk on B-berg Dear Boris ...
Sorry,
Apparently
Lost edit buffer again
Please see the update
On Market Report
AHA,
If they could only see
YBR(:-
GOod Trading Dear Xerxes
I mean B-mberg , of course
I mean may 26 in
Market Repot
Of course,
Corrected
Bought one Plus 0n
at 1083, which sold at 1053
total points gain in last 21 trades
is 370+70 = 440
440 pts in 21 trades , 20 pt average per trade.
there was nothing but a one very small ( couple pts )loss among these trades.
Hallelujah
And this is all verified by our subscribers who get messages regarding these trades
!
Market Close
Update
on
Market report
Dear Ralph send you email. please see it
Good Trading Very Dear Friend Ralph
Good Morning Dear Boris ....
What e-mail?
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