End of the Yellow Brick Road

By: Boris Chikvashvili | Sun, Mar 9, 2008
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Welcome to March 2008

STOCKS

Below is the picture of actual performance of Our YELLOW BRICK ROAD prediction published first in May and then augmented to 3/2008 in August. Now, this method of forecasting stops being public and becomes a subscription ITEM. Find details at YBR NEWS

In an article Safe Haven | Sorry To Blow Your $u$$le, Ringing The Bell We predicted that Soon the SPX will rise few more points and will hit the REAL ( Deflated SPX) top. Well, look at the picture and judge yourself. That Top is still in place. Not only that, the REAL SPX is close to erasing 2003-2007 rise completely.

Another one of our free services is becoming subscription Item. That is M(illion)D(ollar)S(ystem). Needless to say, this system produced some of the most spectacular results while operating in and out of the PUBLIC EYE. Now it is moving completely out of the PUBLIC EYE and becomes a $500 a year subscription item.

Updates on other items

BKX
Safe Haven | Biggest Bank Heist, Dreams Come True For the Best from 11/2006 professed that BKX will top around 122 and it did so FEB 2007, having , two months ago, forecast that near term bottom is around 85.85 ( hit 87.05 couple days ago). The above is from pervious letter. Now we have visited low 70's and could possibly hit 60 before bottoming.

SHEKEL
2006 Dec Call For SHEKEL to reach 3.78 by Passover 2008. We just saw the reading of 3.82 in Nov and there is still time to perhaps see 3.78 or lower search SHEKEL at http://borisc.blogspot.com.

The above is from previous letter and now, SHEKEL/DOLLAR is following the article "SHEKELS ON DOLLAR" (see safehaven.com archive).

GOLD
We forecast to bottom at the break of JUNE/JULY 2007 Safe Haven | SOPITAL, Tail Of One Stock we said "this could be your last chance to buy GOLD". Needless to say it was prophetic call as well with gold at $600 or so. Now we got a bit nervous about GOLD in Nov(advised to sell above 850) and stayed out till couple days ago when we advised to load up again with close stops. Frankly, now that everybody is becoming bull, we do not expect the GOLD bull to last long after new Year. For a Jan/Feb top stay tuned.

The above is from pervious letter and now we see the GOLD show mortality if not death on very important cycle date of March 3 2008. We could break on the upside into May, but do not count on it. Our target does remain 1121. Even more stunning was our forecast that SILVER would hit 21.25 and meet the WALL. Well, can you remember 21.2.12, YEP, that was the high.

BONDS

We shouted for FIXED income investors to buy intermediate term BONDS with 10YR Treasuries around 5.25 - 5.30. See http://borisc.blogspot.com Well, the rest as they say is history. We suggested that with the stocks market move up BONDS will take a hit now, but Still believe they could go higher into mid 2008 and sell-off after that.

The above is from previous letter and now we think that interest rates are bottoming/meandering into April/July and rising thereafter.

DOLLAR

We Repeatedly, for more than six months ahead, predicted at www.safehaven.com and http://borisc.blogspot.com, that $US was in trouble come September. Well, it lost close to 11% by the bottom time in NOV! Our forecast called for a low late Dec at 74.xx, but this intermediate rally came earlier in time ( exact in price ) and proved larger ( by 1-2% than we forecast), Which only proves our long term advocated forecast, that $US could be higher into 2009... Not straight up though!

The above is from previous letter. Now that we postulated that Dollar will not make a real move up till April/PASSOVER (see "SHEKELS ON DOLLAR" in archives ), we have seen the new lows broken down. We see one more final stage, if that, for the Dollar come late March - early April and then the multi-month rise. Go to http://borisc.blogspot.com to see our URGENT letter to our subscribers on 7th March, where we stated that EURO could hit the First Early Attraction Point on the upside at 1.54.83 and reverse. And reverse it did. Some Chance of breaking up again exists. Those that would like to know how to trade the incredible lineups of DAILY/INTRA-DAY/YEARLY Attraction Points can subscribe to our individual services - TAILORED-Offer.

We are http://borisc.blogspot.com are dedicated to helping you, "little guy" understand how the investment world works and will answer any questions FREE related to the financial markets. Why? Cause as SHOTA RUSTAVELY Great Georgian, 12 Century Poet and Philosopher said:

"You Find What You Give, All Else Is Lost"

 


 

Author: Boris Chikvashvili

Boris Chikvashvili
borisc.blogspot.com

In short... I was supposed to be a theoretical physicist (Russia+Jerusalem Hebrew University, MS Physics, with distinction, toyed with QUARKS). Somewhere on the road to PHD I have discovered, first the Computers - at Carnegie Mellon University (MS EE, Fathered UNIX, adopted WINDOWS), and second Finance on Wall Street.President ITI,(Computer/Finance Consulting Firm) Consulted AT&T,IBM,SUN,CITIBANK,JP MORGAN, LEHMAN, MICROSOFT. Designed/implemented Trading Systems - BLOOMBERG LLP. There is nothing more to say professionally speaking.

Please Note: The opinions expressed here are only for education purposes and do not constitute the advice in any shape of form.

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