Friday, June 15, 2007

Limits

O - not updated, N - updated.
N QQQQ 47.59 - 48.00
O GLD 64.18 - 64.81
O USO 49.49 49.92
O ECA 61.81 - 64.69
O SPX 1527.95 - 1510.96
O TSX 14042.38 - 13769.11
Jim Taylor, JD said...
SHORT AT 2626.56 NAZ +27.15 (51.25 Squared)
STL at 10:10 PDT
6/15/2007 6:55 AM

Jim Taylor, JD said...
DOW WALL 13689 117 Squared
Jim
6/15/2007 7:39 AM


When We anticipate the moves ahead, there is precious little to say in times like this just lay back and enjoy the scenery before the sell action comes in.

Jim Taylor, JD said...
Wilshire 5000 Resistance 15500.25
Possible Double Bottom at : 10:32 PDT and 11:22 PDT
Jim
6/15/2007 9:37 AM


This rally is what the doctor ordered to put the pressure oscillators into SELL mode. We may need couple days though and more days it takes to do so better the PRODUCT - "SELL-SIGNAL" will be

3 comments:

Jim Taylor, JD said...

Wilshire 5000 Resistance 15500.25

Possible Double Bottom at : 10:32 PDT and 11:22 PDT

Jim

waldo said...

Boris, is the sell pressure you are seeing look like it will be much of a downturn. thanks, buy the way new to your site.waldo

boris said...

Dear Waldo, These Pressure Sell/Buy events can/should be likened to earthquakes. You know that BIG ONE is coming to CA, but every time a SMALL ONE comes life gets even more hectic and happy in CA. The same in the Stock Market. Just like the earthquakes though the declines in The markets happen to be much volatile compared to the up moves, which are deliberate and long term. Well, you can look at the length of this BULL/BOOL to see how long does it have before rolling over and it seems to me that historically this a third oldest bull market for lat 100 years. Now you think, we all lover our parents and grandparents and would love for them to be with us ternally, but inside, deep, in us we know that nobody has yet stayed much beyond 80 on the average. Now, the advantage our readers have over others is that we know and plan for these swing points carefully and take smallest of the risk to position ourselves. In closing, we are due for the downturn, I do not know exact day and time, but I surely hunt for it... and help me god help others do so. For one, the longer term investors should be selling off their holdings every chance they get. Traders, though , may even buy with our buy signals and sell with our sell signals. They can take care of themselves. Depending how you invest, please be ready to take needed actions.
Good Trading and Good To hear From you again Dear Waldo.