I am Ordinary Mortal!

Dear Readers, Remember, I could be wrong, Especially, when I am asked instant question. I do not know all... Please understand. I am as usual mortal as you are, and that is why I love you. That is also why I could be wrong... These are very emotional times. This is mentioned, so that you understand where and what value my word has, not, definitely not to say, that you rely on me solely , of course not. You are all too wise for that. Love you again
I only know markets at infliction points after that I am almost as lost as you are. Keep asking questions, do not hesitate, Just remember, I know what I do not know better. That is what XENON used to say and one day we will tell joke about this.

Good Trading

NEW LIMITS SPX 1454 - 1503

One of the Twin Evil Systers

Dear Readers, one of the TWIN EVIL SISTERS, JPY is on the rampage again and eating everything on its way. What do you expect, people must be scared somehow ant this is one way. GOLD as expected weak and Currencies, Except JPY/CHF weak. Stocks Weak. Yes the carry-trade Dear Readers. This shell pass by next Monday/Tuesday at most. Sell Pressure Was High, especially for NASDAQ.
Good Trading

Limits

N r2k 767.60 - 803.00
O GLD 65.66 - 66.92
O QQQQ 49.95 - 50.39
O ECA 64.54 - 65.66
N SPX 1469.00 - 1497.32
O TSX 14114.38 - 13906.11
DHI from 15 to 19 in 5 days, that is > 25% and speed that even BMW can not match!
Take some profits if you are there, please
Dear R'K where are you when we need you. You see why we do not like Long Profits? Cause, everybody is able to do that, especially if they are always LONG... Hero's are the ones that know how to short. Do you hear the silence?

Just wanted to make sure, Our "August Again" Blueprint is calling higher moves for next few weeks, so... Please I do not expect any crash or very deep correction, or even the repeat of the lows, for next... well, stay tuned. So, not aggressive shorting, even though, we will have some days where it looks the plane just sunk!

Sell Pressure Grows, Wait

Dear Readers , sell pressure grows, especially in NASDAQ, and we need to give it couple days to translate into Sell Signal.
Good Trading

INVESTORS! DrHortonI , LENar

Dear Readers these guys are up around 15-20% from the low of the day of our recommendations. And ACAS is up almost 12% and nothing is really down and almost all are up more than 3%. WOW!from our recommendation point.
Good Trading

Limits

N r2k 757.60 - 766.00
O GLD 65.66 - 66.92
O QQQQ 49.95 - 50.39
O ECA 64.54 - 65.66
N SPX 1449.00 - 1470.32
O TSX 14114.38 - 13906.11
Sorry, if I not communicated back to some of you. Hectic day, with Tech Problems.
Good Trading
Do not take the limits Seriously today, It is the Fed Day. So volatility will change them drastically, I presume.

Jim Taylor, JD said...
Hi Boris,
Bounce off:
13399
2538.5
Ends at: 09:45 PDT
Jim
8/07/2007 9:09 AM
Jim Taylor, JD said...
SHORT 2551
Jim
8/07/2007 9:11 AM
Jim Taylor, JD said...
NYSE SHORT: 9604 (98 sq.)
Jim
8/07/2007 11:00 AM

Jim Taylor, JD said...
THANK YOU BB !!
JIM
8/07/2007 11:30 AM
Jim Taylor, JD said...
Covered at:
NAZ: 2526
N100 1937
Looking to RE-SHORT SOON.
Jim
8/07/2007 11:53 AM
Jim Taylor, JD said...
SHORT AT:
13573
2565
1959
1483
Jim
8/07/2007 12:06 PM

Confused Gages

Dear Readers, Gages are not able to tell the story at this point, They can go anywhere, but we know that we should have been bottoming early August. So, we prefer to look North at this point, for traders. As, for beginners, no change.