Happy New Year

Dear Readers Happy New Year to you and to your loved ones. Thanks for being with us for last few months. We hope all of us learned something from this experience some of us made money. Not bad. We hope to keep it up. Please come back. We all need each other to fight the sharks out there. We will succeed, just need to hang together. Cheers to, hopefully , even better year 2007. See you there.

PLEASE BE KIND AND SAY SOMETHING, THAT EVERYBODY WOULD APPRECIATE.

Another 4C from TOP QQQQ Sell?

No Overnights?,take profit 43.35

SRCOND REMINDER.
For those that do not like overnights, over loooong weekends take profits,if OK with it stop 43.57 break even, enjoy free trade. Good Trading

No Overnights?, take profit 43.42

For those that do not like overnights, over loooong weekends take profits,if OK with it stop 43.57 break even, enjoy free trade. Good Trading

Sell 1/3 rd position QQQQ 43.57 OB

Stop 43.72 mental

LImits

QQQQ 43.38,43.51 - 43.08 could go to 43.60
GLD 63.17 - 62.78
GG 28.08 - 28.06
XOI 1192.98 - 1200.14
GOod Trading

Thin Markets-Caution Conclusions

Dear Readers let us challenge ourselves. When have you last seen the QQQQ buy pressure at extreme and QQQQ lower after 3 days. Look good, that has not happened in last 3 months or so. Well, it says something and it would be even a stronger statement if we were not in this thin market. So, let us see how things develop from here. SPX is certainly at elevated sell-pressure. It is not where the Pressure gage is , it is the how the markets respond that is important, wherever have we learned that? Can we come up with answers dear readers? Where? Good Trading

Why is the market going up?

Do you remember Sir Allen Greenspan. Remember him often say... So, great the "RISKS ARE TRANSFERRED"...
Yes my friends. Now you will see how the risk is transferred...

Simple answer... It is going up, because it is going up. Ha? is that sophism or what? No this is as profound as sophism would never get and here is why: For any market to go up there must be buyers coming in and bidding up the prices. Now let us suppose at some initial start up point, for whatever reason ( security/market looked cheap, government threw lot money at it, taxes benefits were given to investors - real estate anybody - , central bankers printed too much money etc), for which I do not ultimately care, the market got going up. Once it starts going up it acquires it's own life and all the mechanisms needed to push it up start working. People tell each other how they make money in the market. Media jumps on it and reports/distorts by playing on the native greed of citizens etc. Ok, now you have a big constituency for this thing , market be it real estate, stocks, gold etc or any combination of those.
OK, the initial investors were not stupid for whatever reason, they saw the value and started the ball rolling and now the ball/market has the life of it's own. Government, banks, financial establishments are all for it. They live off these transactions in the market and more of those more money they make. Everybody starts loving this "thing" until it blows up and then they will find few villains and punish them, but the fat cats would have made billions and a little guy is holding the beg.
Ok , great. So what are the mechanisms of this "thing"? There are many, but there is one that is extremely important for stock market. That is options. When the market starts going up the fat cats or not so fat cats start thinking of protecting their gains. AHA... INSURANCE! Yes, most of what we do in USA today is insurance. So the Wall Street writes insurance ( put options ) and becomes in love with it, cause, if the market does not go down, the insurance lapses and the "writers" make gobs of money, ce bueno!
Ok as the market moves higher and/or does not go down, the volatility diminishes and options become even cheaper, giving more incentive the fat cats or speculators to by put options ( starting to see the circle?). As this goes on "writers" write more options and "support the market", remember these guys can use OPM to do so "other peoples money", meaning they use your money to make money from you ( if you understand this you are genius ). Now, having created this virtues cycle, what could go wrong?...
Well, this entire process is a wealth transfer of unimaginable proportions from a little guy to fact cats. It can not go forever for social reasons or for the fear of being detected and the central bankers must at some point come in to put fear into these "writers". Writers and fat cats know that this day will come sooner or later. Being well connected they start unloading first. When/if that happens the movie seen above start rolling in reverse... The volatility increases, nobody buys stocks ( they go down)... more they go down more people fear and option premiums skyrocket and this cycle goes very fast ( much faster than what was going on on the upside). At some point everybody that could get out of the theater on fire thanks his/her God and those that got clobbered will regret their entire life they ever got into the market. Few openly operating thieves, ED FASTOW,KEN LEY etc go to jail and the government introduces another law ( eventually to be thrown away , but pleasing widows and orphans ) and everything starts a new.
Thanks for being with me this far. I do not know about you but I am rewarded at this point. Now, do not forget that we have 2.5 billion new suckers ( sorry investors ) in the far east to want to know how does this movie play out. This is first time to most of them. Ce Bueno!
That is all she wrote... No, there is one more point. In engineering this process is called the PFL ( positive feedback loop ). Yes my friends markets are PFL except positive is the direction it could be up or down.
Good Trading

Limits

QQQQ 43.39 - 43.02 Almost hit both already
GLD 63.08 - 62.79 break 62.79 - down...lot?
Careful with gold it has hit 62% retrace high
XOI 1201.34 - 1191.00
GG 29.21 - 28.29, break 28.29 - down...lot?

Ignoring all else?

If you had a one indicator, besides price, of course, what would that be. I posed this question to myself and wanted to answer BUY-SELL-PRESSURE, but could not do it, in good faith, unless I could prove to myself that it really works. For last few weeks I have almost shut myself out of all other market info, but PRICE and PRESSURE and watched how the market interpretations unfolded. So far so good, from what I can see.Rereading back last few updates, I find myself satisfied with the way markets unfolded against these comments. Good Trading

Perfect Pressures

Dear readers, we present SPX & QQQQ pressure charts today. As you can see the buy-pressure has almost disappeared for SPX and sell pressure is high enough, not extreme, to cause the decline. If indeed this is what happens, there will be one more step in the right direction ( Down ) for the markets. Remember these observations come one day at a time, but we see the cumulative affect on QQQQ already. This could be a perfect pressure that breaks the markets back. Watch for a possible decline today. Gold Is not inspiring, but not faltering either, perfect for writing options and XOI is attempting initial support. As stated lately, barring explosion in the Middle East XOI/OIL-STOCKS/OIL are range bound at best. Good Trading

Another Security Reaching for it's death

There is no advisor, Investor, Fund Manager on the earth that has not become totally sold to China Story, Well Many will be Sorry, soon. FXI has broken every resistance level there is and is going for a Zone 116-126, which, if reached would make it almost 40% rise in one month. See what kind of speculation Central bankers of the world can create. Just do not be the last one to hold the beg. Resist temptation and look for exit if you are long or short naked when it turns. Good Trading

BKX/120,JPM/48.84 death valley

Dear Readers, BKX is approaching the death valley 120-121. This wall, thick as China Wall while JPM is toying with the 48.85 level for a second time in last two weeks we projected 2+ months ago. These levels must hold the assault or we are into uncharted territory, with a lot of dark alleys on the map. Good Trading

Need Fast/Strong Surge, or else

The markets must use this opportunity to break out and leave the lows in the dust or become dust themselves. In our opinion the later is the more probable at this point. Gold is still hard to trust, but seems ok and XOI is not ready for new highs any time soon. Good Trading

Blog/Google Problems

Sorry, Had Blog Problems Entire Day. GOOGLE needs to improve.Will try to make up as soon as I can. Good Trading

Limits

QQQQ 42.61 - 43.20
GLD 62.16 - 62.[45]0 means 40 or 50
GG 27.28 - 28.09,28.60
XOI 1170.80-1193.90

More Pressure To Buy

Happy holiday season greetings to all. Ah... Pressure again... Yes, the buy pressure seems to have reached extremes of the past, which in our way of thinking means two things. 1) that the market is/will be a short-term buy soon and 2) the market has lost the momentum as it takes a "lot of buy pressure" to make the market go up. In short, the path of the least resistance, on the intermediate bases , is down. Good Trading

Shekel drops 4.23 to $US

Fischer, Governor Central Bank of Israel, sees what we predicted for a while, Tanking Markets and Economy and launches preemptive strike? Will not help. Markets will do what they want to do. TA100 Hit 930 yesterday. Good Trading

TA100 top, SHEKEL 4.10 possible

For months, we said TA100 will go to 940 and top. That seems to be what is happening as TA100 was able to suck a bit more greedy at around 948 ( heading under 940 today). Shekel could still go to 4.10 our year high target.Good Trading

Happy Holidays To All

Please, Please, Stay Healthy, and we will become wealthy. See you Good Trading

Were we correct, low 12:30?

Looks like it, Good Trading

Soccer, Dreams of my young age

American Football, Destination of my troubled soul. Where is the terrible towel, when we need it? Could not Roethlessburger, get a little more roethless?

Limits

GG 26.30 - 27.55
QQQQ 42.60 - 43.80
GLD 61.38-61.58
XOI 1172.60 - 1202.50
GOod Trading

Leaving For Another Site

Going to another site, where I have access to BLOOMBERG, but do not have, my intraday charting capability. So I will see you soon 9:30am EST. And try to have intraday info calculated in my head. I will be not precise, but close. Friday is the time to do in depth research on Bloomberg. Good Trading

Not Blind AnyMore

In about one Hour, we should have Data Processed and Posted. Good Trading

Update: we pretty much see what was expected in previous post. It is amazing how one can develop a sixth sense to the market even if/when the exact indicator numbers are not available. Good Trading

Running Blind

Today we are running blind. The source of data for our calculations failed and is still not back up. We can only "guess" that yesterdays move lower has increased the buy-pressure, which should, theoretically help the market find the footing today. The longer market stays in an elevated pressure state , without making real upside progress more confident our intermediate outlook for a move lower. That is just how the gage is constructed. GLD has meandered down and XOI had a more down movement. We expect GLD to do better than XOI. We shell see opening ranges. Good Trading.

Good To Be With You

Not departing yet, but would like to express, deep gratitude to everybody that had participated with us today. Please come back. It is you that make us who we are, or we would be just another faceless site waiting for a life to show up. Good Trading, My Good Friends.

Low arrival estimate, 12:30pm 12/22

qqqq, must support here, or 43.00/43.25 possible

Dear James, why not. Nobody expects it ( trash for Holiday) Right?
Would not this be a perfect time? Besides I think the final nails of the bull market maybe put in just right here. Look at "How Do We Get There " again... Good Trading

JPM, new high today,48.87

Funny, on a day when everything seems to meander aimlessly, JPM found a way to sneak into new 52 wk highs 48.97 and just above our limit set for it for 2006 at 48.85. For months we said 48.85 would kill JPM. So, is JPM going for it's own death and BKX approaching 120 doing the same, stay tuned. Good Trading

GG is hitting 27.00

That is a must hold or we could see 26.50 or so.
27.05 has held, Dear Danno

Preliminary limits

QQQQ 43.60-43.90
GLD 61.40-61.60
GG 27.30-27.90
XOI, too low volatility , can not make out!
In general there seems to be very low volatility
for all things. So, a typical or slower holiday market
GOod Trading

Path of least resistance, DOWN

After rising to elevated levels, the buy pressure, was supposed to cause a rally and it is still not visible. One or more day of this impotency to produce rally, would diagnose the market as finally "DONE". It would have implied that no matter what pressure, it is unable to rally. This will be a bear market. Intermediate term outlook points exactly to such possibility.
Gold is consolidating recent gains and XOI is on it's way down to flat ( not up for sure).
Good Trading

QQQQ Highs at 14:15 or 16:00?

QQQQ is touching the first degree low projection for today. So is the 14:15pm the low instead of a high I thought? Possible.( time 10:40) Good Trading

Have A Stock, Answers - Intraday too

Our Stock predictions are FREE for you intraday as well. So, what is your stock? Good Trading

QQQQ, 44.08,44.17 resistance

GLD initial targets 61.39 - 61.83
XOI initial targets 1200-1220
Good Trading

Intermediate term down,Short Term Anywhere

Buy Pressure remains elevated and that could cause some more upwards move in the markets. If the market drops without making a real progress on the upside, it would be another indication that top is put in place. Our expectation is a one more day meandering up and renewal of a move down. XOI has, most likely, topped as expected for few weeks now. Gold probably will not top, move higher early 2007. Good Trading

How Do We Get There?

No Retransmission Of this Graph Is allowed Without Expressed Permission From Boris & Company

One possible way to the top is in the picture, Click To Enlarge, Good Trading

Trades Authenticated

So that nobody doubts, see the actual trade. You will see the trade conducted in one transaction ( small trade, is not conducive to 1/3 division) and a bit lower entry point 44.69 ( While I was typing order to you , market ran away for my own trade(::)). I do not mind 4c on you side is better than on my own side. CLICK PICTURE to enlarge

We got, top and bottom?

Funny, how we have sold 2 cents from the top and bought this morning 8-10 c from the bottom and then again only couple cents from the midday bottom. Now let's not tell this everybody lest they get upset with us! Good Trading

OUT!Collect the rest of the 1/3 at the market 43.55

This makes 100pts per each 1/3 position on average! Wow we could become rich if this keeps up(::). Good Trading

Have A stock? Got Answer

Are you watching something you want opinion on. Shoot!We are glad to give attraction points. TELL FRIENDS/WORLD, WEEKEND NO PROBLEM. Guys/Girls, Keep asking, there are more than 10000 stocks ETFS etc. Remember "Do not fear, Boris is Here"My answers expire! Dec 31 2006. Need refresh come back 2007. Note, we have opinion on every stock YAHOO can download. You will never hear from "NO OPINION", like this CNBC joker. Know why? Cause our method is scientific, We do not make up as we go, do not speak to CEOs(will never be sued/taken to jail), we can not even speak ENGLISH ( but speak 5+understand 9 - not including computer languages). So bring orphans have-nots we will cover any stock, even Stocks not on ESIGNAL .No stocks, let us discuss anything, Geopolitics, Economy whatever... Good Trading

Stop 1/3 to 44.21,QQQQ

Moving the stop away.

Collect on 1/3 now 43.43, stop 1/3 43.81

stop 1/3 43.69, 1/3/44.01

Kindspirited, Collecting some?

We are Short 2/3 QQQQ at 44.73

Stop 1/3 43.81, 1/3 44.31

QQQQ, Buy Pressure Shows UP

QQQQ Buy Pressure up, near extreme. First time in a while. In bullish market this is enough to prepare to buy market. But averagepressure(cyan) line perked up to a multi-weak highs - bearish intermediate term. So market may put a quick bottom today, but we do not think this is the last of this decline. It will, most likely, will have a follow up. Good Trading

Temporary bottom,QQQQ

stop 1/3 44.39, stop 1/3 44.67

Collect 1/3 now, stop 1/3 44.67 1/3 at 44.71

Sell QQQQ , 44.73 ob, stop mental new high

Ok, let's analyze this one. The sell pressure is rising, but not very extreme yet. Nevertheless QQQQ has been able to weaken even in the face of this "not extreme " pressure levels, what does that say to you. It takes very little to push QQQQ down, path of the least resistance is "DOWN". Wow, it took a while to say this. But please pay attention this is not a simple statement. If indeed QQQQ does not manage new high here it will swim with the conclusion above. And that is not a good news for markets. I lean towards this outcome and will look to short the market on the strength what say you.

Good Trading

How Do You Spell Top

Have A stock? Got Answers

Are you watching something you want opinion on. Shoot!We are glad to give attraction points. TELL FRIENDS/WORLD, WEEKEND NO PROBLEM. Guys/Girls, Keep asking, there are more than 10000 stocks ETFS etc. Remember "Do not fear, Boris is Here"My answers expire! Dec 31 2006. Need refresh come back 2007. Note, we have opinion on every stock YAHOO can download. You will never hear from "NO OPINION", like this CNBC joker. Know why? Cause our method is scientific, We do not make up as we go, do not speak to CEOs(will never be sued/taken to jail), we can not even speak ENGLISH ( but speak 5+understand 9 - not including computer languages). So bring orphans have-nots we will cover any stock, even Stocks not on ESIGNAL .No stocks, let us discuss anything, Geopolitics, Economy whatever... Good Trading

Going Into The WeekEnd

Dear Readers, I appreciate your time with us today. We hope you enjoyed the discussions, charts and brainstorming that occurred here today. Thanks James,Paul,Kenneth,Kindspirited(not in any order) for your wisdom shared today. We had very profitable week with close to 2% percent gains in QQQQ/XOI/GLD even though we gave back 12C last couple days. I'll take this any week from next to no end. I would like to leave you with this. Never mind DOW/SPX highs, QQQQ has failed to produce one, TRAN is still diverging with DOW, GS was pitiful the entire week and today. P/C ratios have joined other sentiment indicators to show the bear is coming and I think above all, I hope( or you tell me otherwise ) BUY-SELL-PRESSURE has been very accurate in keeping us with the flow of the market. If anybody can find anything like that on the net, I am willing to jump on it.
Thanks Again and Good Trading.

QQQQ Stop at 44.51

How about Call/Put ratios?

Almost breakeven, Anticipate sharp early move.
Good Trading

We have lost pennies out of $'s we gained, but the reason is this. The dreaded fractal, I was talking about materialized. Look at this structure it looks like a soccer lifting up taking aliens with it. Ha? I could see it possible when discussing the triangles with Kindspirited. Did not think it had that great of a chance. Well, next train...

What caused it anyway? Look at the inflation reports on the BLOOOMBERG chart. If you believe these inflation numbers, I have a retired person to sell to you...

ClickMe->Sell-Pressure Rising

Dear Readers, As market rose so did the sell-pressure yesterday. Nowhere at extreme yet, but one more day of upfloating and the sell pressure could reach the area, where the countdown to downturn will begin. 1-4 days of churning then should lead to downturn. We could be a bit early with our shorts, but with small managed risk, we will take this chance.

QQQQ,SPX sell-pressure jumps

QQQQ sell pressure 6 to 23 , SPX pressure 20 to 28. Close, but not extreme. Once there, another 2-4 days distribution, then DOWN LEG.Graphs later. Good Trading

Have A stock? Got Answers

Are you watching something you want opinion on. Shoot!We are glad to give attraction points. TELL FRIENDS/WORLD, WEEKEND NO PROBLEM. Guys/Girls, Keep asking, there are more than 10000 stocks ETFS etc. Remember "Do not fear, Boris is Here"My answers expire! Dec 31 2006. Need refresh come back 2007. Note, we have opinion on every stock YAHOO can download. You will never hear from "NO OPINION", like this CNBC joker. Know why? Cause our method is scientific, We do not make up as we go, do not speak to CEOs(will never be sued/taken to jail), we can not even speak ENGLISH ( but speak 5+understand 9 - not including computer languages). So bring orphans have-nots we will cover any stock, even Stocks not on ESIGNAL .No stocks, let us discuss anything, Geopolitics, Economy whatever... Good Trading

A quick Summary.

DID I MISS ANY OF YOUR QUSTIONS? TOTALLY UNINTENTIONAL. JUST REMIND ME. REPOST IT ANYWHERE.
4c gained, gold, was not public. closed
10c lost QQQQ , closed
12c gain , open QQQQ. Not a bad day at the office.
Lessons: Yes. "Do not lose money" if you can manage it.
Thanks All, come again, really appreciate your interest
Good Trading

This QQQQ position goes overnight

Dear readers, it looks like QQQQ will meander for the rest of 9min trading time. Those that want to will have to take it "home". Good Trading

stop at 44.54

James, Would you like to answer PAUL. about fractal?

qqqq out market

error click. Not out

sel QQQQ 44.49 ob, stop mental

15:20pm,Markets could Change Direction

QQQQ has zigged and zagged 44.48 +-6 cents for 5 hours. Ha? we knew this resistance point, just would not, will not risk more than 12c on any trade. If R/R ratio I not there, I will pass. Nice, if you can do it.
"Same lesson, put different way"
Good Trading

Ok, out of GLD, 4c gain

Ok, You see a thin holiday trading, these michugina can play any games with this kind of market.

Kindspirited!

I do not know where you stand now, but Not all is lost. There is no way I can rule out a QQQQ break-down between now and 20Jan put expiration date. One telling sign will be if QQQQ fails to make a new high on this, hopefully last move up. By the way, this mornings suggestion to buy QQQQ's to offset the puts would have worked well. Good Trading

QQQQ had reaced to 44.48

But there is no point fighting it, We know from BUY-SELL Pressure charts that spike is likely, it maybe bigger than Any of us would like. So is the 4 day up discussed before in motion? Could be. Why not go long... good question, show me the entry point now?

My Gold Buy 62.14, See order

Could not report too fast.Now 62.43,low 62.12!!!
Bought 180 GLD at 62.1472STREETTRACKS GOLD TRUST
TWD-0217
For details see comment

Gold Recovered Completely

QQQQ going for 44.67 or 45.08

Gave up 10c. Not too bad,after yesterday's Dollars, Lesson: "Do not Lose Money". Notice I am not looking to make money, I have already made a lot and more will come as long as I can try. Michael Jordan anybody? He would take 50-60 shots a game!

Sell QQQQ 44.45, stop 44.51

Small risk, and we got lot of profits to cover this.

Stop 44.48

sell QQQQ 44.42 or better, stop 44.48

QQQQ at the wall 44.43

QQQQ to 44.15-44.25 at least.

Premarket QQQQ 44.02 +

Unless we get a quick turnaround before open. Looks not good Kindspirited. If action is required , one can buy premarket QQQQ to prevent more loss in options. Not sure what the delta is, but 100c = $1 QQQQ move will equil $100 for every option(contains 100 shares). Good Trading.

ClickMe->Pressure,Latestayers

Dear Readers. Today 3 charts... Two pressure charts and one latestayers chart. QQQQ sell-pressure has plummeted, buy-pressure is high, but not extreme. SPX buy-pressure same as QQQQ, but sell pressure not as low. Simply put, QQQQ may need some push up to cause sellers to come in. It has been laggard lately, so it could jump up strongest short term.Do not expect blowup, just a hiccup. Please note that averagebuypressure ( cyan line) has curved up and that shows a intermediate term bearish outlook. To fortify the intermediate to longer outlook, Latestayers chart shows the "leaders" have created divergence with the market ( cyan line-latestayersaverage , lower high, red line-spx higher highs). This all points to a topping market. Good Trading.
For a short term outlook, reread the Elliott count presented at yesterday's closing.

Israeli Shekel,TA100

Shekel, 4.10 by Feb 2007 , 3.84 - 3.74 by Dec 20007. With 4.[34]0 buy June 2007. TA100, Last gasp at 940. Good Trading

Have A stock? Got Answers

Are you watching something you want opinion on. Shoot!We are glad to give attraction points. TELL FRIENDS/WORLD, WEEKEND NO PROBLEM. Guys/Girls, Keep asking, there are more than 10000 stocks ETFS etc. Remember "Do not fear, Boris is Here"My answers expire! Dec 31 2006. Need refresh come back 2007. Note, we have opinion on every stock YAHOO can download. You will never hear from "NO OPINION", like this CNBC joker. Know why? Cause our method is scientific, We do not make up as we go, do not speak to CEOs(will never be sued/taken to jail), we can not even speak ENGLISH ( but speak 5+understand 9 - not including computer languages). So bring orphans have-nots we will cover any stock, even Stocks not on ESIGNAL .No stocks, let us discuss anything, Geopolitics, Economy whatever... Good Trading

Todays completed trades, PROFITS all

Sold XOI yesterday 118.70, collected 7 pts average on 2/3, 1/3 breakeven
Bought GLD today 61.90, collected 35c average on 2/3, 1/3 +45c Good Trading My friends.

how does 12/11 QQQQ decline count

Ok here it is. 12/11 top 44.36 bottom 12/12 at 43.55 , top 12/13 44.09 , bottom 13/13 at 43.62 and top? 13/13 at 43.89. This looks to me like a ABCD... DO we have an E coming tomorrow morning that is down? if that is the case, this E bottom at around 43.68 will be last chance to run. before market takes up. Only a decisive break below 43.61 invalidates the bullish outcome. One more reason for cnfiding in this count... all ABCD points were 62% retracements of the previous pivot.
What do you see?

Rally from bottom ABC 62% retrace

This rally from 43.62 support is nice ABC with the 62% retrace at 43.92 and EXMA at 43.94. Triangle also just 3-4 c above. If this does not hold...

Amazing , still no close above 43.88

Kindspirited, read James's msgs, posts

Critical thing, read it, James has a message. Good Luck with you decisions

Got a dark bar

unfortunately the EXMA's are pointing up. 44 should be limit for KINDSPIRITED

43.94 is 62% retrace of todays drop

A dark bar on this 5 min can cap move

43.83 and then 43.88would be the first up signal

43.88 is still very critical

Cause at that price many/all good counts of Elliott fall off. Even though final rally will be suspect until 44.05. GOod Trading

KIdspirited, Triangle of your concern now has ...

These limits 43.55 and 44.05

Dear Readers, so you understand

We love our friend Kindsprited and this detail is for him to find his way out of his predicament, our longer view is clear, but when you have options expiring within few days you do not have long view.

14:30 we do not want to register shallow low here

Good devlopment, QQQQ contained by slow EXMA and below fast EXMA

supported on shorter EXMA, need to break this 43.71

not out of the woods yet, but good direction

14:30 another decision time.

Gold backed off a little.

dark bar,Next 2 bars are able to cap rally

White bar, but did not go far

Unless it accelerates here we could come up on the end of proprietary count capable stopping rally

Looking dark so far, ABC?

5 min dark bar will do wonders here

Second min in 5 min interval, Could fool us and back off

Any move above 43.88, will mean break

Supported again. If it break above 43.88 it will, most likely start a trend up.

More push at 43.65, will break it?

Important time. A 4 day trend starting?

This time could launch a 4 day trend. So far looking up?. I spoke to Kindspirited about a huge fractal from 11/27. Is it resolving on the upside? Take profit 1/3 GLD now( flat in gld 62.35)

QQQQ careful, could swing lower

If this little rally is what 13:05 high would have been, then watch out below

QQQQ 43.65, held, bit early?

qqqq, double bottom 43.56

If not holding 43.65, will go to 43.56 or worse 43.31 by 13:00pm. 43.31 will make ABC from 44.40 on 12/11/2006

James, Sorry, I am terrible. FCX?

James, Stupid me, Could not read your question. OK FCX could go 75 easy. Let us talk about it every day if you get in, to finetune.

If you missed. Profits are Rolling

Sold XOI yesterday 118.70, collected 7 pts average on 2/3, 1/3 breakeven
Bought GLD today 61.90, collected 35c average on 2/3, 1/3 alive +50c
Good Trading My friends.

Wating for 13:00pm, For trend QQQQ

Strong $ + GOLD?

Is prime time for gold in cards?

GLD celeb^ing, Market impotence

Long live GOLD, stops 2/3 position at 61.99. Good Trading

Stock market Wimpy here.

Market is showing it's true color? No power to plow?. We could go for 13:30 top or bottom. It looks like a week top for me and could dissipate bying power. On a day with so man M&A and buzz around wall street it feels like 1999 again in the Halls of BLOOMBERG. They never learn... Strong retail sales and all that... What more Mr Market wants? Ask him.
Good Trading

keep 1/3 XOI stop 1218.70

Buy GLD , 61.90 or better risk 12c

these are initial limits

QQQQ 43.80-44.29 and GLD 61.94 - 62.19 GOod Trading

Charts Indicate, Rebound?

S&P ,QQQQ Buy-Pressure are high enough to cause, hopefully weak, rebound. Good Trading

ClickMe-> S&P QQQQ Pressure

Israeli Shekel,TA100

Shekel ( Israeli currency ) the upper limit may be now at 4.[12]0
LOok for 3.84 and 3.73 in 1-2 years or higher. Former numbers 4.84 and 4.78 were typos.
TA100 last gasp at 940.

Goldman Is Dead, Start The Presses

Goldman GS stock has had Sixth distribution day today on a huge volume. Do you think somebody was selling?. You bet! God worked 6 days and he rested. So let GS rest for a Seventh and see that this stock is done...
Good trading

Have A stock? Got Answers

Are you watching something you want opinion on. Shoot!We are glad to give attraction points. TELL FRIENDS/WORLD, WEEKEND NO PROBLEM. Guys/Girls, Keep asking, there are more than 10000 stocks ETFS etc. Remember "Do not fear, Boris is Here"My answers expire! Dec 31 2006. Need refresh come back 2007. Note, we have opinion on every stock YAHOO can download. You will never hear from "NO OPINION", like this CNBC joker. Know why? Cause our method is scientific, We do not make up as we go, do not speak to CEOs(will never be sued/taken to jail), we can not even speak ENGLISH ( but speak 5+understand 9 - not including computer languages). So bring orphans have-nots we will cover any stock, even Stocks not on ESIGNAL .No stocks, let us discuss anything, Geopolitics, Economy whatever... Good Trading

What's todays Lesson?

Day is not over yet, but it was sure exciting. I am sure you have all seen the comments by DXB,FOX,KINDSPIRITED and others. If you are new, you can see how diverse the traders/trading world is. There are as many strategies as people, even though , big pictures are fewer. Keep listening dear friends and reading. I hope we are doing some good. Besides we should have made you money in XXXXX OI'H today HA? Now, seen that should let the juices fly in beginners body... OK.
Still the main lesson. "Do Not Lose Money" and keep repeating this until you are alive. We could have stayed in GLD by risking just 10c loss. We did not. That is telling you most of what you need to know. Do not get me wrong, It is not as easy, rule, as it looks. Caught between greed and fear how do you decide what is little and much loss. Well, I could never understand that until I mastered the art of a supershort term trading...
Knowledge makes you free ( not fear or greed ).
Good Trading.

GLD has made a perfect DOME

GLD made a perfect DOME at 62.18 ( I wish , I left the stop at 62.14 ) and bolted higher.

14:15 QQQQ may have topped.

Lost Internet, exactly 14:15. Dam it.

first move down. prepare shorts...

As advised 1.5-2 EMINI points from where 14:15 EMINI stands.

James, where are you. Miss you.

Mr Market, ready to dive?

When FED comes out, after a minute if the Stocks go down that could be the sign and signal that Market has had it. Good Trading

buy GLD 62.25, stop 62.14

Profits taken on XOI 2/3

SHould have only 1/3 short stop at 1218.70
Let the 1/3 ride

XOI at ideal time+price to short

Short XOI at 1218.70 or better, and place a very small risk stop at 1221.03. About 0.3% risk.

What is the market likely to do

I think, FED will not announce much change from last meetings stand. That would the bulls reason, as if they need the reason, to push the prices higher. Then the prices either settle up there and flow in into Wednesday high or start coming down immediately. That is the scenario I look at. What do you think?

qqqq/spx/gold/euro flattish

Have A stock? Got Answers,Shoot!

SPX Buy-Sell-Pressure,clickme

Story is the same. All is on hold and looking neutral for FED meeting. That is way it works folks. Only looking at a longer term picture, we notice that Buy-pressure is above the average-pressure and the average pressure itself curving higher. That is our hint to trust the downside more than the upside. Nevertheless, we can not rule out an explosive new trend up ( not likely) or a 1-2 day spike that will clean out the chimney of shorts. Good Trading
SORRY DROPPED LEGENDS, CYAN - Average Pressure, RED - spx ,BULE Buy-Pressure and YELLOW- Sell-Pressure.

Goldman, Last Gasp

I do not know about you, but 5 Distribution days in 2 weeks, Double reversal( two last dark bars, interspersed with white ones), called double reversal. This can not be good for GS or any other stock in the entire stock market. When talking about individual stocks, remember that 75% of stocks will go with the market. So, let us see if market makes or breaks next two days. One more distribution day and that could be it for MR Market and GS.
Love to hear your opinions.
Good Trading

Have A stock? Got Answer

Are you watching something you want opinion on. Shoot!
We are glad to give attraction points. TELL FRIENDS/WORLD, WEEKEND NO PROBLEM. Guys/Girls, Keep asking, there are more than 10000 stocks ETFS etc. Remember "Do not fear, Boris is Here"
My answers expire! Dec 31 2006. Need refresh come back 2007. Note, we have opinion on every stock YAHOO can download. You will never hear from "NO OPINION", like this CNBC joker. Know why? Cause our method is scientific, We do not make up as we go, do not speak to CEOs(will never be sued/taken to jail), we can not even speak ENGLISH ( but speak 5+understand 9 - not including computer languages). So bring orphans have-nots we will cover any stock, even Stocks not on ESIGNAL .
Good Trading

BKX hit 115.07

BKX hit 115.07. Still not a break out, but not far from it. JPM though is still capped by 48.85. If broken this resistance BKX could make a trip to 122. Ha... see what few TRILLIONS fiat money can do?
GOod Trading

Amazing Pipelines KMP,EPD,TPP

These guys are going up, almost none stop. If you long ( our long portfolio) use follow up stop. If not it is hard to watch these go up, but it maybe too late. Do not advice to chase.
Good Trading

Time to nibble Low $ investments

If I were you I would start nibbling back at the lower US Dollar investments. Little GOLD, Little EURO is not a bad ide. For me this means 25% of normal portion.
Good Trading

could go 44.25 44.50

QQQQ may have indicated low 43.[56]0.
QQQQ may have indicated high 44.0[59].
GLD may have indicate high 62.[34]0
[56] notation means 5 or 6. computerese...
Note i mistyped 44 instead of 43 low.
Good Trading

Hot stock , Synopsys SNPS

CEO is talking on BLOOMBERG and the stock is hitting formidable resistance at 26.47. Watch it. It may be over hyped and ready to be sold.
Not an advice, just heads up.

Position Summary

No positions left anywhere. All out. Final long GOLD/EURO/XOI positions have been profitably exited. Flat as a pancake in all markets except the long term portfolio, still 85% cash, 10% gold and 5% pipelines. Interest rates perked up, OIL can not seem to get out of it's way, even as we called 55 bottom last week and Gold/Euro seem to be digesting the gains. Just XOI down and up from 8/2006 alone should have made you kind of profits that others only dream. We are not even talking about gains in GOLD/EURO and quick short term trading gains in QQQQ.
Good Trading

Market Configuration

Having problems uploading charts today. Will try later. Here is the market configuration. QQQQ pressure chart is again indecisive. S&P pressure chart has little more buy pressure in it. That must mean that we may have couple more days of upside to sideways potential for the markets. Which would confirm to the thinking that Dec 12/13 would be a wait and see period for FED meeting and we could see a final spike in indices for that date. Sentiment indicators are not at extreme bullishness, but are closer to that than at any time last 4-6 months. That indicates that the high put/call ratios are no more supporting the market the way they used to last few months.
Good Trading

Nice Weekend, Leave msg's I'l get back

$ stronger, Irates up, all as suspected

Do not fear, Boris & COmpany is here

Keep your comments, questions comingl. Make the holiday gift. Learn or teach something

Looks like we got the limits

We hit the minor low limit and major high limits, both first degree limits. It is so beautiful to see the market do what we tell them, sort of...

qqqq targets

44.15, 44.64 for a top 43.22 4272 low
more modest targets
44 for a top 43.52 low
43.52 was hit already
Good Trading

qqqq, moving down,good direction

On more push needed for a top

There is one more push needed for this market to go down and "prove" that the top is in place. Today/Monday are very fertile time to do so. The buy and sell pressure are in the middle of the range for both of these( Pictures did not come out too good ). What this means is that thin market conditions continue and will be resolved one of these days soon.
The bright light for bears is the under performance of QQQQ and Transports and no new top for DOW in last 10 days.

Pay attention to GS/FXI slammed?

Look at GS, After an attempt to fake out? the move to a new zone towards 245-250, if this stock closes below 203 this week and end of this month, we would have witnessed the biggest fake out attempt to suck people in. Ditto FXI around 98. Look at it and remember for next bull market, I Hope you will know how to spot the fake out then. Good Trading.

Out of XOI, 1223. Reshort?

Out of it, but should we short it, yes if you can follow it. with stops at intraday projected highs. We are not yet officially shorting it, though.

QQQQ stronger, 44.55 break leads to 45.30

More Meandering into 12/13 Dec?

OK, upper S&P and lower QQQQ charts.
What we see is a continuation of yesterday's configuration, where S&P is ready to go down, but sits in a strong position (buy-pressure under average-pressure ) and QQQQ is washed up ( pointing anywhere you think direction is ). All previous comments apply, in addition, QQQQ shows more price weakness and S&P is holding up to. With Transports/DJI non-confirmation points to trouble for stocks. Need market to confirm what we say. So far, this thin market is confusing everyone including itself. FED meeting on 12/13 DEC could force markets hand. See yesterday's XOI/GOLD/EURO comments. Good Trading.

Watch XOI, Top Here/Now or....

XOI could have topped, and the market
with it. Or XOI double tops 12/13 DEC
with the market? This is big... Watchit!

Out, EURO/DOLLAR/GOLD, XOI?

With 5% out rule, should/will be out of
GOLD/EURO/DOLLAR positions as
opennings show. Will be out XOI on any
11 point retracement...

Fractals, Directional Early Move

Markets Fractal configuration points to
a reasonably directional move afater the
open. Do nok know which way yet.

Market Under Pressure

Having some problems uploading the
Market pressure indicator charts today.
So, the text shell suffice for now.
SPX entered even more extreme sell-pressure
area, while the QQQQ pressure chart looks
indecisive, thin trade. The prognosis is that
market is easy to push into whatever direction
and will take the path of the least resistance,
decided by day traders? It is encouraging,
though to see QQQQ not able to make new
highs, while SPX is. QQQQ was a leader
and still is ( leading down now? ) Transports
QQQQ non-confirmation of SPX high is a
yellow flag. TA100 hit 941 again and pulling
back. Market just needs one good push down,
but too many put option sellers are holding
off the progress down. Tune in day time to
navigate further. Good Trading.

Bernanke rescue $ Fossett close

Everything down $ gets protection?

Want to Rob Banks Again?

Sell BKX stop 115.01 stop 1/3 position

sell QQQQ 44.50 26c stop 1/3 pos

Tight stops on all posn's 5% or less

That includes XOI+components, GOLD
EURO/DOLLAR etc. 5% retrace, Right?

GLD in trouble here 64.39?

44.47-44.67 is the sale range

Let us watch if it gets up there and
turns down. Immediate support 44.10-44.20

Watch Tim 10:00-10:25 Pric 44.65

Ok, this time we have two charts, One is for QQQQ and another for S&P.

As you can see the QQQQ pressures are not at the extreme, but S&P are close to the extreme. What does this mean?. It means that we can expect markets to go either way, but should prefer the bearish side due to the "extreme sell" being almost at hand for S&P. This should be fortified with the idea that QQQQ seems, all of a sudden, to be not leading! Ha... S&P new top! QQQQ not? That is new from last summer is not it. OK tune in we will try to lead you into the day.

Do not forget the sell pressure extreme, can/may take 1-4 days to dissipate.

We made money, not as much...

Ok day, Still positioned in all markets, except
The Stock Market. This could be a blessing in
disguise, cause we should be able to short
from higher levels.
If anybody has ideas to enhance mine, about
helping kindspirited(see comments blog below),
speak up, publicly or privately.
Tomorrow ~10:00-10:25 looks critical.
Good Trading All.

going 15:10Mon,10:25Tue. 44.65

out of BKX, Profitble, not wildly

GLD did just that,stopped at 63.56!

See the previous blog on GLD.

Gold Almost Unchanged

It looks like this market wants to go
higher. From what we know our
BUY-SELL-PRESSURE indicator does
not think that it can go far with this low
buying pressure. So relax and watch for
next shorting opportunity, wherever/whenever
it comes.
Good Trading

bkx hits 113.99. Take 1/3 profits now

There should be only 1/3 position left
with the 114.00 stop!
Mad world is getting madder.
Bernanke and Company are printing $ no end.
Only Gold puts the shackles on them
Good Trading

QQQQ ABC correction complete

It is possible QQQQ has completed an
ABC correction
from 30Nov Tuesday bottom. If that is so
and GLD and GOLD have just completed
respective bottom (GLD 63.55 ) then we
maybe due to reshort. But I am not going
to Chase anything. We are positioned in
all markets except QQQQ. We will find
a reentry.
Good Trading

GLD must stop 63.55 or much lower

Timing QQQQ high Tue 10:00AM?

Now that we have moved up timing looks
like the Tuesday morning 10-11 AM high.
Good Trading

Upside Break Not expected

Upside break of Stock market is not
expected. We need market to go down
not up to generate the upside potencial.
The fact that it is meandering is just the
way market will take out weak shorts.
We shell look for better place to reshort.
Meanwhile we took profits on all 3/3 rds
of our original shorts.
Not bad.
GOod Trading

Profit is a profit OUT at 44.01

Everybody stops QQQQ at 44.01

Let us sort this out

Those Who have our original sell from
44.55 can afford the stop at 44.31 for
1/3 of the positions. Rest should have
been cashed already.
Fo those that have joined us from 44.24
short should have also collected 2/3 of
the initial positions and if not collect now,
profitably.
The stops on 1/3 should go to 44.01.
Special Message for Kindspirited. You
have the options. Can not really place the
stops easily due to the wide spreads that
usually exist for options ( they are not as liquid
as stocks). So watch the levels we are talking
about and act on options as we act on stocks.

QQQQ stop up to 44.01

To see today's BUY-SELL-PRESSURE chart
go to next BLOG below. And Follow Link to
Safehaven.com
Good Trading

Goldman To Silverman

GO TO -> Goldman To Silverman, China Stops Here

Interpret BUY-SELL-PRESSURE chart

Dear fellow traders.
Some of you asked, where does one find
the interpretation of my charts. It is easy,
I hope, and can be found at
http://www.safehaven.com/article-6338.htm
I will also reproduce it right here for you.
For better formating visit the safehaven.

1) Buy pressure at extreme, buy, especially in the bull market wait 0-2 days
2) Sell Pressure at extreme, sell, especially in the bearish market wait 1-4 days
3) Use "buyaverage" (cyan line) to gage your level of bullishness. When it is
hit by red line "buypressure" from below be bearish and visa-versa.

See how well that worked on this chart? Why give it free?
Cause, great 12 century Georgian poet/philosopher(Shota Rustavely) said...

you get only what you give
From Original (You find what you give, all else is lost)

43.27 proven strong QQQQ support

In one of our comments we mentioned that
drop below 43.27 would be a better indication
that we are going lower today, but we stopped
exactly there and moved up. I hope that
those that have more than a 1/3 position have
taken some more profits. We only have 1/3
at this moment and will stay with it. Stop at
43.83
Good Trading.
I am leaving now, as I communicated with you
not from my primary location today.
Thank you so much all of you. Please believe me
I have no agenda except to help people.
Let us be together and we will be better of for it.
Regards,

QQQQ stop down 43.83

If QQQQ get stronger than 43.68 we may
need to consider some possibility of today
being bottom. So, I would drop the stop down
43.83.

Do Not Fear Boris Is Here (::)

Hi there, We would like very much for
you to participate. You do not have to,
of course, enjoy the site and information.
For us it is enough to know that we are
helping some people, who would otherwise
be eaten by sharks on Wall Street.
In any case, speak up, we will all learn
something from your questions.
Good Trading.

stops down 44.21,QQQQ

If you have a full position ( I do not know why)
then take profits of at least 1/3 or 1/2 now at 43.70

1/3 QQQQ stops 44.24 even

We can breath easier

We can breath easier today as the biggest danger of market rally may have passed yesterday. You know that as a trader we cannot be complacent, so be careful and tune in.

Meanwhile hold 1/3 QQQQ shorts ( stop at 44.55 ), 1/4 of GOLD/XOI long with 27% retracement protection, 2/3 BKX with 114 protection and 2/3 EURO(long)/$USDollar(short) with a 27% rule.

Tune in intra-day, We all gain by sharing insights.

Good Trading