Limits

Some of today's limits.
QQQQ 46.39 - 46.62
GLD 66.67 - 67.12
to me this day looks slow, low volatility...
Thanks Guys for Yesterdays. EXCELLENT job.
Good Trading

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

Limits

Dear Readers Todays's Limits:
QQQQ 45.69 - 45.99
Just Want YOu to know Q's have an yearly resistance 48.25 and they could be going for it, Perhaps that excitement in the old bones of speculation SOX et al, is what is needed to cap this market? Just loud musings. Mind you this is not new, I have expressed it in this article http://www.safehaven.com/article-6338.htm , talking about SUNW and CSCO and XLK.
GLD 67.77 - 68.06
USO 50.34 - 51.04
AUY 14.17 - 14.46
GG 25.12 - 25.45
Good Trading
Jim Taylor, JD said...
Up Wave ending by 09:00 PDT
Jim
4/25/2007 8:47 AM
Jim Taylor, JD said...
Shanghai Stock Exchange Composite hits the WALL at 3721 61 Squared
JIM
4/25/2007 9:46 AM
Dear Readers, I place JD's comments here, cause they contain useful information. You do know that we are using multiple sets of methods to get to our conclusions, including the BREATH-FUNDAMENTALS(PRESSUERGAGES)/SENTIMENT/CYCLES. So, view the info above for what it is. One more, very interesting GANN inspired view of the markets. Good Trading

vacation, I need it

Dear Readers I am on vacation for few days, exact time and dates are not know even to me, as this is the way I/family liked to have our vacations, just hit the road and see where it leads. Well it is that time again and even thought the kids are not little anymore, excitement is just the same, at least for them. I will be in touch briefly, if possible everyday, but without benefits of my machinery, even though the data will get collected. Pressure Gages will not display. Please feel free to post and keep the site alive. I would love nothing more than that. Good Trading Dear Readers.

Where is the pressure?

Dear Readers, Ironically enough, in this configuration we need a strong move up by market so that it can create the Sell Pressure. Market is not generating it, yet it is moving up. That is what it is called a stealth market. It wants to eat your money slowly, you being unsuspected. So do not allow it to do so. Just stay out or do gorilla shorts until market generates the Sell Pressure. That, of course , goes well with our understanding the bullish sentiment needs to build up and the cycles have time to play the upside. So, not much change from where we were yesterday, but a slow progress to the tipping point in May. Nothing new on ENERGY and METALS either, except think about their cowardliness in the face of $ dollar being destroyed. Perhaps they know the same thing you and I know... Currencies are about to turn! Interest rates as before sideways for a bit more and higher in June, but very much bracketed with week eco and week $. Good Trading

Sell Q at 45.69, stop 45.73

Lost 4 Cents 12:26 on this new position, gain 11c for today and gains of over 16c for the Friday trade. Can not complain, but this market as stated often is not yet totally ready to roll over and die. Cycles and the Sentiment are on it's side. Good Trading
Jim Taylor, JD said...
$sox breakout causing SQUEEZ
Approaching Resistance at 506.25 = 22.5 squared.

Jim

4/24/2007 9:43 AM

Limits, who cares, I am late(: :)

Dear Readers Todays's Limits:
QQQQ 45.30 - 45.80
GLD 68.04 - 68.53
USO 50.97 - 51.67
AUY 14.40 - 14.70
GG 25.23 - 25.59
Good Trading