January 28, 2008

And The All New Market Analysis

Tim Ord, Editor                              16928 Van Dorn Street                                 Walton, Nebraska 68461
www.ord-oracle.com                              (402) 486-0362


"Timer Digest" Tim Ord ranked #5 for 6 months ending 10/6/06 and #1 in Gold for one year ending 1/13/06.

For 30 to 90 days horizons:  Long SPX on 1/24/08 at 1352.07.

Monitoring purposes XAU: LONG XAU on 12/18/07 at 162.05.

Long Term Trend monitor purposes: Flat

We have "800" phone update that cost $2.00 a min. and billed to a credit card.  Call (1-970-224-3981) for sign up. We update Eastern time at 9:45 and 3:15. Question? Call me (402) 486-0362.

New Book release called "Master Traders" with Tim Ord on "The Secret Science Of Price and volume We will autograph the book in the wording you chose if bought through The Ord Oracle.  Our price $50 total including shipping.

Above is the chart of the weekly SPX dating back to 1997 with it’s weekly CCI and weekly RSI in the bottom windows. Bear market lows form when the weekly CCI and weekly RSI reaches  below minus 100 and 30 respectively.   Last week these ranges where hit. There could be backing and filling for short term and the market could even test last weeks low and not change the bottoming process.  When the weekly RSI approaches 50 to 60 range in a bear market then the SPX should be near the next high.  We are long the SPX on 1/24/08 at 1352.07.

Bought Ivan (Invanhoe Energy) 4/13/06 at 2.55,Energy stock.  Could go to Gap area (November 2003) near 5.40.  On 4/2, we Bought ASTM at 1.92, Biotech group.  Long POWR at 13.70 on 12/14/07.

Above is the Bullish Percent index (BPI) for the SPX dating back to 1996. The Bullish Percentage Index (BPI) shows the percentage of point & figure chart buy signals for all the stocks in the S&P 500.  Oversold readings occur and market bottoms form when the BPI is below 20%.  Since 1996, BPI reached below 20% four times and in all four cases a worth while rally started soon after.   The lowest reading on BPI on current decline came in below 14% last week.  The current BPI reading below 20% might have a similar rally as in October 2001 because in both cases the 200 day moving average was moving down.  The FOMC meeting is Tuesday and Wednesday of this week and most likely will produce volatility in the market.  If this potential volatility produces a re-test of last weeks low, it will not change the short term bullish picture. Below is the ISEE index chart.  When ISEE reaches below 70 then expect a bottom about one week to 10 days later.  We are in this time window now.

Gold Market: 

Above is the Monthly XAU chart dating back to 1984 with its Price Relative to Gold ratio in the bottom window.  Going back to 1984, Price Relative to Gold ratio near .20 or lower had been a good buying opportunity for gold stocks.   The current reading on Price Relative to Gold is .2065 and shows gold stocks are cheap compared to the price of gold. With the gold stocks this cheap it implies the current rally in the XAU has much further to go.   It appears the best part of the rally is still ahead of us.  We are long the XAU at 162.05 on 12/18/07. 

We are long PLM at 2.77 on 1/22/08. Bought CDE at 4.08 on 7/10/07. Bought NXG at 3.26 on 6/4/07. We bought PMU (5/27/05) at .50 and bring our average price to .81.  We doubled our positions in KGC on (7/30/04) at 5.26 and we now have an average price at 6.07.  Long NXG average of 2.26.   For examples in how "Ord-Volume" works, visit www.ord-oracle.com. 

 

 

email: tim@ord-oracle.com

visit my website at www.ord-oracle.com

Tim Ord, The Ord Oracle
17300 Van Dorn Street
Walton, NE 68461
(402) 486- 0362

OEX Market Recommendations
1-900-933-6733
$2.25 a min.; 1-4 min.; 18 yrs. or older

  

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