Sorry To Blow Your $u$$le, Ringing The Bell

Dear Readers for the full text of this article go to safehaven.com article
"Sorry To Blow..."

Limits

Dear Readers, today's limits.
QQQQ 46.52 - 46.96
GLD 68.02 - 68.41
USO 49.11 - 49.61
GG 24.85 - 25.48
Jim Taylor, JD said...
Resistance DOW +41.5= 13282.56
NAZ +10.5= 2575.56
Support DOW 13225 -16
NAZ 2562.89 -2.11
Breach of 13225; Long Way Down Thru Mon
Jim
5/04/2007 8:03 AM
Jim Taylor, JD said...
NYSE 9801 = 99 Squared Major Resistance SHORT NOW
Jim
5/04/2007 8:22 AM
This Limit of 9801 is amazingly consistent with our second Yearly limit 9800 and very, very close to the third Yearly resistance at 10000=square 100!!!. We think that before all is said and done we will get there. Also, please note QQQQ today's limit was approached within 7c today. Boris

Good Trading

Getting Closer

Dear Readers, Markets just as yesterday, but even closer to the target prices and days. Sentiment ( put/cal ratio) is approaching the turning point, but still not where I would love it to be and QQQQ still has 2% to go to 48.xx. Pressure Gages, while indicating sell, not extreme yet. We could go down from here, but I prefer more perfect alignment of stars.
Fixing the $ secondary bottom date at 23 +-3 trading days.
Good Trading

Limits

Dear Readers, today's limits.
QQQQ 46.29 - 46.66
GLD 66.62 - 66.89
USO 49.00 - 49.87
AUY 13.90 - 14.20
GG 24.39 - 25.02
S(t)inking Currencies Ha...
Jim Taylor, JD said...
DOW struggling with 13225 115 squared. Probable re-test of 13167.56
114.75 squared and 2550.25 50.5 squared for the NAZ by 11:15 PDT

Jim

5/03/2007 8:49 AM


Good Trading

I am back

Dear Readers, welcome back. I am now ready to restart our regular updates with a new energy. Just a bit more time and I will be able to complete, sometime today, the updates of pressure gages. Not everything on my computers is done automatically, blame it on WINDOWS not supporting UNIX scripting as fully as I would like... What else is new. Micky Mouse wins again! Looking at the markets not much has deviated from what we said. In fact, I am amazed how close everything is following the script. I should go on vacation often? Stock Market has advanced to the fatal price and date. Still some left in this market. QQQQ, I think will make it to 48.25, but even without knowing exact pressure gage details, I can see that things are falling in place with the latest market rally. Sentiment has changed, almost, to bullish and the cycles are into May... What else do we want, nothing but watch carefully for local signs of the top within next 10-14 days.
Metals did not disappoint, by disappointing bulls. Energy is the market and market is the energy and it is in the last gasp. Currencies are showing the first signs of rolling over and by the late May they would have done so. Interest rates in the range bracketed by two suicidal maniacs $ Dollar on one hand and Housing on the other. Good Trading

Limits

Dear Readers Todays's Limits:
QQQQ 45.90 - 46.55(46.79, unlikely)
GLD 65.93 - 66.83
This is all I can do for today.
Hopefully more from tomorrow.
Good Trading

Far from computers

Dear Readers, I was far from computers last couple days. Meanwhile it looks like initial correction is in place for the markets. Metals are struggling and Currencies are in the process of turning. Interest rates are sideways and Energy may have tooped on shcedule with nice reversal on XOI.
I may have a chance to come back for limits. Good trading