ANTI-SOPITALIST: Limits

Tuesday, April 17, 2007

Limits

Dear Readers, Today's Limits:
QQQQ 44.85 - 45.30
GLD 68.19 - 68.44
USO 50.92 - 51.38
GG 26.08 - 27.06
We could finally have YEN breakout tune in 11:45 ET
Good Trading
Jim Taylor, JD said...
The Shanghai Stock Exchange closed at 3596.44. Will go vertical with long term ARC which began in 2005 on April 18. TOP WILL BE 3600 60 Squared.
The other BRIC indexes will follow.
Target for the $ssec is 2600 within 10 weeks. A drop of 27.8 %
Jim
Dear Jim, would not it be ironic for something to start on April 18 and end on April 18...
Good Trading

11 comments:

Jim Taylor, JD said...: SHORT DOW 12769 = 113 Squared

Jim; 4/17/2007 11:27 AM
Sqroot said...: I'm expecting a reversal today, down tomorrow. I think we touch the DOW record first. But, who really knows ?; 4/17/2007 11:33 AM
Anonymous said...: Hello Boris and Jim.

I wouild like to know if you see a reversal time in SPY, QQQQ, DIA, $INDU, $SPX, $OEX, etc...etc around noon - 1:30 ET going down into wednesday.

Thanks

Danno; 4/17/2007 11:38 AM
boris said...: Dear Danno, Yes it looks like that is reasonable period for the move. Good Trading; 4/17/2007 11:43 AM
boris said...: Dear Danno, Yes it looks like that is reasonable period for the move. Good Trading; 4/17/2007 11:43 AM
Jim Taylor, JD said...: The Shanghai Stock Exchange closed at 3596.44. Will go vertical with long term ARC which began in 2005 on April 18. TOP WILL BE 3600 60 Squared.
The other BRIC indexes will follow.

Target for the $ssec is 2600 within 10 weeks. A drop of 27.8 %

Jim; 4/17/2007 1:51 PM
John G. Black said...: SSE Composite Index (Shanghai:000001.SS) Delayed quote data Edit
Index Value: 3,611.87
Trade Time: 3:00AM ET
Change: Up 15.43 (0.43%)
Prev Close: 3,596.441
Open: 3,611.63
Day's Range: 3510.50 - 3622.89
52wk Range: 1,512.52 - 3,597.22

SSEC already closed today, April 17, at 3611.87...maybe that was it.; 4/17/2007 2:57 PM
John G. Black said...: One thing I am fairly certain of is it is very hard for the S&P to go up more. The 5 day MA is already more than 2.50 standard deviations above the 20 day MA...and the mid caps are at 3.5...

maybe it is time for some profit taking; 4/17/2007 3:00 PM
asbestos_handkerchief said...: Hello Boris and Jim,
JD, your thoughts on the SSEC is interesting. But "IF" SSEC works like the Nasdaq bubble, then this may be a short term top with target at 3200, before another rise to 4000-4200.

See picture here

http://img403.imageshack.us/img403/414/sseccomp032807bi7.png; 4/17/2007 6:11 PM
asbestos_handkerchief said...: img403.imageshack.us/img403/414/sseccomp032807bi7.png

Sorry, link didn't post properly.; 4/17/2007 6:13 PM
boris said...: Dear Asbestos_handkerchief, I could not read the post, but thanks anyway. If you have a chance to repost that would be great. THanks and Welcome to our house Dear Asbestos_handkerchief
Good Trading; 4/18/2007 8:01 AM

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Wanderer Dear Boris, Stocks up. Yen down, Bonds down. If only I could remember where I read that forecast:)!!!Great work. Thanks a lot.

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Tuesday, April 17, 2007

Limits

11 comments:

Sorry To Blow Your $u$$le

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