Tuesday, February 27, 2007

TA100 and Shekel

Dear Readers, TA100 index has crossed 1000 and now heading down. Last year our limit for TA100 was 940 and market has struggled with it for 3 months, finally in the new year the range was broken on the upside and new projection is now 1020-1050 and 1100 by April/May 2007 top. Shekel will probably break the 4.0 level and end up at or below 3.78 by the end of this year, but initial top will come before June and it could may only be 4.10 ( our last years bottom forecast). Good Trading

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