Thursday, April 26, 2007

Update

Dear Readers, on vacation... and all. Yesterday's action was in line with expectations. Not having my info, not sure, but this kind of a move, has most likely, raised the sell pressure considerably. That would mean we are entering the countdown of 1-4 days for the market to consolidate and move lower. Let us see how would that move look. That is all I allowed to type in this morning... Good Trading

10 comments:

Sqroot said...

Hi Boris, hope you are having fun. I have a projected turn date of May 7, +/- 2.
Today, Oscar is looking for 1514 on the S&P 500 & EMINI (ESM7) June 07. Currently 1502.80.

Anonymous said...

Hi Boris.

It sure looks like GOLD is searching for a cycle-low here (fri.-mon.) and then once completed heading up into first week or 2nd before heading down into next cycle-low in late May, early June. Obviously need more confirmation, but I think we'll get it very soon.

Whatdya think?

Danno

Jim Taylor, JD said...

Major Gann Cluster:

N100 1892.25 = 43.5 Squared
DOW 13110.25 = 114.5 "
SOX 506.25 = 22.5 "
NAZ 2550.25 = 50.5 "
AMEX 2209 = 47 "
Util 529 = 23 "

JIM

Anonymous said...

Hi Jim.

I would love to know if you can post Gann clusters for other indexes and specific commodities like Gold and Oil and Silver.

Let me know ... Thanks

Danno.

Anonymous said...

Anyone offer some opinion on RYL.
Went short two days ago and taking heat today as short interest was high and is spiking on short covering. Blew this one expecting that earnings would be bad and so would the stock, not so at least not yet.

Sqroot said...

Oscar taking profits @ Last tick = 1502.25

Anonymous said...

Hello sqroot

Who is Oscar??

Sqroot said...

Who is Oscar ?

http://www.comtradinginc.com/

Jim Taylor, JD said...

Wilshire 5000 15129 = 123 Squared

That Makes 7 Indexes in one day.

Odd number squares have stronger Resistance and Support than even number squares.

Big Down Move Friday.

JIM

Jim Taylor, JD said...

SOX -7.23 (-1.43%)
DOW now rolling over.

JIM