Dear readers, Please , especially INVESTORS and Senior Savers.
please consider the following BTA, CMU, DMF or any other Municipal income funds.
They are at a discounts of 5-15% from NET ASSET VALUE(NAT) and they YIELD over 7-12% and there are others. These three were mentioned by the Good Looking boy on FOX Jonathan, but there many others, like BLE,PNI MHD PMX and may others. PIMCO's BILL GROSS also recommends them. So, I applying my own judgement,in moderation buy them to spice up my income.
N QQQQ 48.20 - 48.61(48.73)
remember 48.25 ( first Yearly resistance of 2007) Powerful point
N SPX 1416 - 1422
N QID 42.04 - 42.93(43.12,43.42)(43.94)(44.50)
10:22 ET, It is obvious, the market is not listening to any of our signals YET, but that is not the first time this happened and will not be the last time either. We all know that many things point to 1/8-1/10 area for a some sort of a bottom. Just hang in there and let the market do what it wants to do. It probably will not rest until all the CALL buyers late form last weak are bankrupt.
10:33 ET, Q's are shot, that is where most of the latest speculation was, as well as energy and metals . If you have "table" money in the market, which you should not, lighten up please. MINI CRASH scenario, while unlikely can happen. I can not be thrilled with the fact that 48.25 was taken out by Q's like it was never there
10:40 Et, Please note $US is under renewed attack and this is the week when we think the bottom comes, but it sure looks ugly at this point
11:16 ET, looks to me like all "table" monied men/women were driven out of their longs at this point!
11:43 ER, Q's have regained the 48.25 Level! I am not yet adding too much to my positions
Jim Taylor, JD said...
Hi Boris, HI JIM, Big Bounce or Dive at :
12769 (113 sq)
9409 (97 sq)
2476
1937
1407
Best Regards,Jim , Same to you JD
1/07/2008 9:31 AM
Monday, January 07, 2008
Short Story
Last night I was listening to Bob Brinker show on KGO radio. And he had finally acknowledged that $Dollar was in the basement and that "Strong Dollar" policy was BS from the Treasury and on and on... Thank god neither he nor Kudlow can hide behind anything that masks Dollars Demise. Then he said something that , for a man of his status, well, let us say just does not add up.
"But Americans in everyday life do not see the 'Import Prices' going up. So, they do not complain".
Denial is not the river Dear Bob. I should know, I am closer to it at this point (River that is )
Dear , Oh, Dear Mr Brinker. Give it up the charade. Americans are not as stupid as you think. They see "import prices" going up , even without leaving USA. Dear Bob, did you fille'r up lately, or does your driver fill up for you? When was the last time you went to buy groceries? Even if your spause does all the shopping, I am sure you look at you bank account sometimes? Why would you not explain to your SENIOR listeners(vast majority of your listeners) how their Social Security is , depreciated and forcibly kept away from them in GW's slash budget to make BUFFET and GATES rich(er) with "Earnings" coming from destroyed $USDollar ( remember listener asked who was a loser? Ordianary US(A) Savers, SEINORS that is who! what a difficulty you had getting these words out, well you never got them out, instead some BS about US citizens traveling abroad came to your mind? You had no courage to tell your listeners, that they were the primary losers, Thank God your substitute - Bill Flanagan did not have same lack of courage, and denounced holding SS in USA government Budget). And, Yes give up the charade of sticking with official Inflietion ( see vocabulary link) numbers ( you stick to them , to justify higher stock valuations, your cheer leading is appreciated at VANGUARD and few other SOPITALIST gatherings. I must admit that VANGUARD and you are on a slightly better side of the SOPITALISM).
And you know what, even though you swear not to(any more) announce on the air what your market sentiment is, you have actually stated/urged your listeners to "by them". Let us hope that power of multimillion listeners works, cause me and friends here ( ANIT-SOPITALISTS) have entered bit of a long positions and even , AS our stock market status reading is XBBB(very powerful buy signal), we could use your listeners help to propel our investments(::).
"But Americans in everyday life do not see the 'Import Prices' going up. So, they do not complain".
Denial is not the river Dear Bob. I should know, I am closer to it at this point (River that is )
Dear , Oh, Dear Mr Brinker. Give it up the charade. Americans are not as stupid as you think. They see "import prices" going up , even without leaving USA. Dear Bob, did you fille'r up lately, or does your driver fill up for you? When was the last time you went to buy groceries? Even if your spause does all the shopping, I am sure you look at you bank account sometimes? Why would you not explain to your SENIOR listeners(vast majority of your listeners) how their Social Security is , depreciated and forcibly kept away from them in GW's slash budget to make BUFFET and GATES rich(er) with "Earnings" coming from destroyed $USDollar ( remember listener asked who was a loser? Ordianary US(A) Savers, SEINORS that is who! what a difficulty you had getting these words out, well you never got them out, instead some BS about US citizens traveling abroad came to your mind? You had no courage to tell your listeners, that they were the primary losers, Thank God your substitute - Bill Flanagan did not have same lack of courage, and denounced holding SS in USA government Budget). And, Yes give up the charade of sticking with official Inflietion ( see vocabulary link) numbers ( you stick to them , to justify higher stock valuations, your cheer leading is appreciated at VANGUARD and few other SOPITALIST gatherings. I must admit that VANGUARD and you are on a slightly better side of the SOPITALISM).
And you know what, even though you swear not to(any more) announce on the air what your market sentiment is, you have actually stated/urged your listeners to "by them". Let us hope that power of multimillion listeners works, cause me and friends here ( ANIT-SOPITALISTS) have entered bit of a long positions and even , AS our stock market status reading is XBBB(very powerful buy signal), we could use your listeners help to propel our investments(::).
Friday, January 04, 2008
Thanks for being with us
Hi Boris,from two different pivots trend lines are approached..could bounce here on Monday or reach down and touch them first, but either way, bottom is imminent...And on another chart (not shown) we are at another 1.000 node on Monday...Regards,Mark L.
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, members were adding upto max 30% of speculatively investable funds. From what I saw there were even more prudent behavior: Such as 15% from John and 20% from Lag, most of those at/near the bottoms of daily range. I have added about 3% more to INVESTMENT portfolio, nothing to speculative, except continued nibbling at JPY shorts. Now, the expectation is that We will turn around by the 10 Jan (Latest) And will deploy some more at that time if it looks like a good thing to do. MDS being in the buy tells us that max days in Losing trade can be 10 days ( Max in winning 6 days). Level for comparison is 1447 though, that is where MDS started BUY. Maximum Draw down on MDS had been -92 points. By that measure we could possibly go to 1350... and be within past norm of MDS draw down. Now final days of AntiDollar orgy is in full swing, we warned you about this day FOREVER, it seems. Those days are here and will/should be over by the end of next week. Maximum hit on $US visible now is 1.50 EURO and 107 jpy. GOLD and ENERGY showed that they are slaves of general market and sold off , at least , could not gain(remember we asked you to go in under 800 and got you out or trailing above 850, Not Bad). Largest Holdings of my stock income portfolio FAM,GIM,TEI and KMP, were actually up on the day. While WFC,USB,BMO,CM,ACAS,GLAD took drubbing. Remember! these stocks, I am prepared to hold even through the recession. Actual average YIELD on these holdings is more than 6% , I do not mind waiting and would add if/when opportunities present. I am currently about 18% conservatively invested in stocks and majority of my holdings are in FIXED income, besides 10% Core resource,metals holdings. INVESTORS were advised like myself to go max 20% into stocks ( up from 15).
Grouptation has been updated( See link on the right, IVAN thanks)
Attraction Points(Apoints)
Does anybody see how the Precious Metals acting not so precious? And did somebody say Crater?
N QQQQ 49.41 - 49.80
N SPX 1426 - 1436
N QID 40.21(40.10) - 40.86(41) (41.20)(41.60)(42)
I suggest that you the Reader buy things you always wanted to buy and could not afford. Feel like in the Mall. Do not go over board. I do not suggest for a trader more than 30% being invested at this juncture. For investor ... Investor can go from 15% up to 20% or so...
Dear Readers, things could and will get cheaper, but if you need a coat, will you wait till summer. So, think if you need a coat or half a coat bargain for it.
10:13 ET, Amazingly enough EURO/CHF are almost unchanged... Ha... Haha.. Ha... Decouple this! , Remeber Brutish Pound, Soon We will see Brutish EURO
10:21 ET, First Apoint of QID (40.86) just hit ( second one 41 also hit 10:27 Et)
10:29 ET, Notice the APOINT updates for QID
10:50 ET, BKX just tested the 83.92 62% FIB support, that must hold or we will see stronger downdraft.
12:14 ET, BKX is now about FIB support 84.01
14:29 ET, BKX 83.16 looks like breaking this important support 83.92
14:52 ET, we have left last QID resistance in the dast. Make sure that you are not over extended here. If you are either go back to under 30% trade able funds invested and/or protect them with options for the weekend possible crash(which you can lift Monday)
As I stated before, I was increasing investments in the following GIM/FAM/TEI/KMP , amazingly enough these are up or unchanged and mix of BDC's and BANKS that represent my investments are down relatively hard, but plenty offset by the INCOME vehicles above. Not only that, these pay me average 6% income. If this is how you are invested then nothing to worry about. Speculative investments(money that is dedicated to speculation ) should be kept to manageable under 30% of that money, in all cases.
15:50 ET, For entire 2007 we watched the level of 48.25 and when it broke on the upside it was an event that propelled Q's to to highs not seen since 2002. GUESS WHAT We are now in 2008 and the Q's are resting on it . Will Q's use this all important level as the support this time? By the way this is also 62% FIB retrace (48.46)
16:11 ET, Q's are now at 48.45 reversing on 62% FIB point
Now, we put people in to the FIXED income at the top of interest rates at 5.30. Amazing the money our readers that invested then(June 2007) in 5 Year bonds have made... Just principle is over 20% in less than 6 months and no work HUH!
N QQQQ 49.41 - 49.80
N SPX 1426 - 1436
N QID 40.21(40.10) - 40.86(41) (41.20)(41.60)(42)
I suggest that you the Reader buy things you always wanted to buy and could not afford. Feel like in the Mall. Do not go over board. I do not suggest for a trader more than 30% being invested at this juncture. For investor ... Investor can go from 15% up to 20% or so...
Dear Readers, things could and will get cheaper, but if you need a coat, will you wait till summer. So, think if you need a coat or half a coat bargain for it.
10:13 ET, Amazingly enough EURO/CHF are almost unchanged... Ha... Haha.. Ha... Decouple this! , Remeber Brutish Pound, Soon We will see Brutish EURO
10:21 ET, First Apoint of QID (40.86) just hit ( second one 41 also hit 10:27 Et)
10:29 ET, Notice the APOINT updates for QID
10:50 ET, BKX just tested the 83.92 62% FIB support, that must hold or we will see stronger downdraft.
12:14 ET, BKX is now about FIB support 84.01
14:29 ET, BKX 83.16 looks like breaking this important support 83.92
14:52 ET, we have left last QID resistance in the dast. Make sure that you are not over extended here. If you are either go back to under 30% trade able funds invested and/or protect them with options for the weekend possible crash(which you can lift Monday)
As I stated before, I was increasing investments in the following GIM/FAM/TEI/KMP , amazingly enough these are up or unchanged and mix of BDC's and BANKS that represent my investments are down relatively hard, but plenty offset by the INCOME vehicles above. Not only that, these pay me average 6% income. If this is how you are invested then nothing to worry about. Speculative investments(money that is dedicated to speculation ) should be kept to manageable under 30% of that money, in all cases.
15:50 ET, For entire 2007 we watched the level of 48.25 and when it broke on the upside it was an event that propelled Q's to to highs not seen since 2002. GUESS WHAT We are now in 2008 and the Q's are resting on it . Will Q's use this all important level as the support this time? By the way this is also 62% FIB retrace (48.46)
16:11 ET, Q's are now at 48.45 reversing on 62% FIB point
Now, we put people in to the FIXED income at the top of interest rates at 5.30. Amazing the money our readers that invested then(June 2007) in 5 Year bonds have made... Just principle is over 20% in less than 6 months and no work HUH!
Thanks For Being With Us
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 did not trade much today, except Lag reported taking some profits in GOLD, and so did Tim. I have added few more High Yield stocks to my portfolio, just few percentage at a time. We are all in anticipation of tomorrows PAYROLL numbers. They are important, if only , cause media says so. We are beginning to see the end of final Dollar decline almost exactly as anticipated, but the last ditch effort can be made to push EURO to 150 and YEN to 107 again(grouptation Dollar chart is not very bullish, frankly though). We think the GOLD and ENERGY look toppy here and that is well documented in the charts at GROUPTATION Link on the right that is updated by Ivan ( thank you)
Thursday, January 03, 2008
Attraction Points( Apoints)
N QQQQ 50.08 - 50.74
N SPX 1447.70- 1454.50
N QID 38.82 - 39.75
10:19 ET, Looks like everybody is careful here and looking for Tomorrow's Employment numbers. I continue to add little by little to my positions, but stick to the idea that MDS BUY signal could take few days to prove itself.
11:35 ET, BKX hits the low 36.12 only 27c away from our long time target of 85.85. It also has 62 FIB replacement at 83.92... Amazing, are we going to hit both of these numbers tomorrow, bad news on PAYROLL ?
N SPX 1447.70- 1454.50
N QID 38.82 - 39.75
10:19 ET, Looks like everybody is careful here and looking for Tomorrow's Employment numbers. I continue to add little by little to my positions, but stick to the idea that MDS BUY signal could take few days to prove itself.
11:35 ET, BKX hits the low 36.12 only 27c away from our long time target of 85.85. It also has 62 FIB replacement at 83.92... Amazing, are we going to hit both of these numbers tomorrow, bad news on PAYROLL ?
Wednesday, January 02, 2008
Attraction Points
Please see the GROUPTATION section Link for world Asset survey(Ivan thanks for Updates). Note, the GOLD oscillator in final, dangerous though, gasp, DITTO Energy
Dear Readers, no more "limits" section. we renamed that section to Attraction Points, cause it is a nicer name and more importantly reflects the nature of our points precisely ( they are points to which prices get attracted).
N QQQQ 51.16 - 51.57
N SPX 1468 - 1474
N QID 37.53 - 37.92(38.00,38.13)
10:29 ET, This is the last decline step in Dollar, it will be over next week +- 1 week. which means it could be this week too.
Careful here initiating AntiDollar moves.
10:33 ET, BKX approaching our long projected 85.85, today's low is 86.85
11:13 ET, 15.20 is a 62% FIB for SIlver. Careful here everybody. Again, if long remain so, the only way to possibly go long is a cheap option...
11:25 ET, Stay cool here, the world is not coming to an end yet. The Dollar weakness into 3 Jan was predicted like with a precision of +-2 days and here we are with all the consequences of it. OIL GOLD Higher and Currencies Higher. You are present at turning points , even as it could last into next week.
11:34 ET, QID at the 5th of Volatile Apoint(old limit) This decline has a chance of generating a buy signal, but I can not guarantee, very hard to predict the Pressure Readings of 500 Stocks ( 11:38 ET, not too good 39.10 5th on QID is broken , need it to come back)
11:49 ET, ES futures at 1457 4th Volatile support
We have buy signals status on all indices and exahaustion bars. BKX is almost there ( low 86.60 ) mere 75 points from the target low!
11:56 ET, if you ever thought to buy this is your time, with ES futures protection stop at 1456.25. GO, risk is small, the 5th Apoint of ES futures is 1447.54!
11:58 ET, ES 1460, just pull up the stop to break even or tiny loss and see what happens.
12:19 ET, gave up on the 1456.25 level, not a hard break yet though and it was worth a coffee money to check this one out. I am adding a bit of the high quality and high Yield stocks to my portfolio here. Remember these are stocks I am prepared to hold even if we are or going into recession.(IVESTORS, I do not advise you to do it yet, You should be 15% invsted and stay there for a while)
Jim Taylor, JD said...
Hi Boris,Happy New Year , Happy New Year JD. .Cover Shorts at 2601 (51 Sq) NAZLooking for big Bounce Best RegardsJim
1/02/2008 9:26 AM
12:34 ET, BKX low 86.41 only 55 points away from the target announced months ago. I bought a bit of USB and WFC as well. Nice YIELD. I have also added Canadians BMO and CM
Dear HAMKUA, Welcome to our "day time" Pannel(: :)
12:58 ET, we got new support on ES futures 1453.00 almost a triple bottom there.
Any attempts to buy the market here are like running ahead of the time. We have no MDS signal so we are only guessing. I suggest we do not guess for now and wait for the signal to , actually come. I will be out, perhaps for the rest of the today's trading session. Enjoy. Do not hesitate to take the leadership and keep the board alive. Thanks and Good Trading
Jim Taylor, JD said...
S&P500 at 1444 38sqJim
1/02/2008 10:15 AM
Got delayed a bit, waiting for my car to arrive. Taking profits on JPY longs and starting to nibble on the JPY shorts. ( I am early and have lot to invest so, do not follow me)
Back , Markets Closed.
Dear Lag,Tina,John,Greenie,Blaine, JD and all others thanks for keeping the board alive in my absence. Thanks
Dear Greenie, Exhaustion bar is another proprietary construct, but you can come up with your own by looking at fractal and/or DMI indicators , both public and looking for trend exhaustion on those. My idea of it somewhat more convoluted but is build on the same principles. Thanks for the question.
Oh Yeah, about the polluting my blog, well, just do it again ok(: :)
N QQQQ 51.16 - 51.57
N SPX 1468 - 1474
N QID 37.53 - 37.92(38.00,38.13)
10:29 ET, This is the last decline step in Dollar, it will be over next week +- 1 week. which means it could be this week too.
Careful here initiating AntiDollar moves.
10:33 ET, BKX approaching our long projected 85.85, today's low is 86.85
11:13 ET, 15.20 is a 62% FIB for SIlver. Careful here everybody. Again, if long remain so, the only way to possibly go long is a cheap option...
11:25 ET, Stay cool here, the world is not coming to an end yet. The Dollar weakness into 3 Jan was predicted like with a precision of +-2 days and here we are with all the consequences of it. OIL GOLD Higher and Currencies Higher. You are present at turning points , even as it could last into next week.
11:34 ET, QID at the 5th of Volatile Apoint(old limit) This decline has a chance of generating a buy signal, but I can not guarantee, very hard to predict the Pressure Readings of 500 Stocks ( 11:38 ET, not too good 39.10 5th on QID is broken , need it to come back)
11:49 ET, ES futures at 1457 4th Volatile support
We have buy signals status on all indices and exahaustion bars. BKX is almost there ( low 86.60 ) mere 75 points from the target low!
11:56 ET, if you ever thought to buy this is your time, with ES futures protection stop at 1456.25. GO, risk is small, the 5th Apoint of ES futures is 1447.54!
11:58 ET, ES 1460, just pull up the stop to break even or tiny loss and see what happens.
12:19 ET, gave up on the 1456.25 level, not a hard break yet though and it was worth a coffee money to check this one out. I am adding a bit of the high quality and high Yield stocks to my portfolio here. Remember these are stocks I am prepared to hold even if we are or going into recession.(IVESTORS, I do not advise you to do it yet, You should be 15% invsted and stay there for a while)
Jim Taylor, JD said...
Hi Boris,Happy New Year , Happy New Year JD. .Cover Shorts at 2601 (51 Sq) NAZLooking for big Bounce Best RegardsJim
1/02/2008 9:26 AM
12:34 ET, BKX low 86.41 only 55 points away from the target announced months ago. I bought a bit of USB and WFC as well. Nice YIELD. I have also added Canadians BMO and CM
Dear HAMKUA, Welcome to our "day time" Pannel(: :)
12:58 ET, we got new support on ES futures 1453.00 almost a triple bottom there.
Any attempts to buy the market here are like running ahead of the time. We have no MDS signal so we are only guessing. I suggest we do not guess for now and wait for the signal to , actually come. I will be out, perhaps for the rest of the today's trading session. Enjoy. Do not hesitate to take the leadership and keep the board alive. Thanks and Good Trading
Jim Taylor, JD said...
S&P500 at 1444 38sqJim
1/02/2008 10:15 AM
Got delayed a bit, waiting for my car to arrive. Taking profits on JPY longs and starting to nibble on the JPY shorts. ( I am early and have lot to invest so, do not follow me)
Back , Markets Closed.
Dear Lag,Tina,John,Greenie,Blaine, JD and all others thanks for keeping the board alive in my absence. Thanks
Dear Greenie, Exhaustion bar is another proprietary construct, but you can come up with your own by looking at fractal and/or DMI indicators , both public and looking for trend exhaustion on those. My idea of it somewhat more convoluted but is build on the same principles. Thanks for the question.
Oh Yeah, about the polluting my blog, well, just do it again ok(: :)
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